Cryptocurrency Analysis and News Portal
Tether (USDT) cites the popularity of its Ethereum (ETH)-based asset as the reason why the company has never burned a single token.The recent report from Flipside Crypto concluded that Tether is not in the practice of burning its Ethereum tokens:“We can also see that no tokens ever go to the
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Institutional investors are taking up massive short positions in the S&P 500 Index, a sign that the latest relief rally is unsustainable, according to Bank of America. The S&P 500 Index closed above 3,000 on Wednesday for the first time since early March. Despite Bank of America’s bearish call,
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According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve
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Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by 30% since its halving event, and only accounts for about 2% of the SHA-256 hashrate. Elmandjra now thinks it’s only a question of time before somebody takes
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After rallying over 100% from March’s capitulation lows, analysts are expecting a retracement in Ethereum, Bitcoin, and other top cryptocurrencies. They cite simple technical factors showing this market has lost the bullish momentum it had just 10 days ago.This bearish outlook, however, hasn’t stopped investors with deep pockets from accumulatingDeep
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Free TON Community, an independent group of developers and users, have just launched a free version of the Telegram Open Network, or TON. During the launch event on May 7, community members answered major questions about the Free TON Blockchain launch.At the launch Zoom call, a number of users were
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According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has
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The cumulative sum in dormant bitcoin addresses surpassed 12.58 million BTC, worth just about $100 billion at current price. It indicates most investors are holding strong despite volatility in the market.It also demonstrates that amidst one of the steepest falls in recent history from $13,900 to $6,410, the majority of
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In what seems like a coordinated conspiracy or a “Deja Vous” case of coincidence, reports indicate that about 60% of the Bitcoins in circulation haven’t left the wallets this year. Sources report that cryptocurrency analyst Rhythm let the cat out of the bag when statistics were released via a Twitter
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Bakkt’s bitcoin futures and custody platform launch on 23 September is a shot in the arm for crypto, but in addition to boosting bitcoin it could also raise the profile of Ethereum.The long-awaited physically settled futures should qualitatively shift market composition toward greater institutional influence.A crypto trading and payments
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