Cryptocurrency Analysis and News Portal
Klarna has established itself as a major player in the European payments industry, with a valuation of $6.7 billion. Klarna, a renowned fintech startup based in Stockholm, Sweden, has embarked on a significant corporate restructuring by establishing a holding company in the United Kingdom, signifying its intentions for a potential Initial
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Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000. The number of blockchain addresses holding at least $1,000 worth of Bitcoin (BTC), equivalent to 0.028 BTC at the current price of $35,115, has reached an all-time high of 8 million, as
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Data from Glassnode shows that long-term ETH holders are still holding onto their positions while whales shy away from accumulating too much. The amount of ETH supply last active between 7-10 years ago hit an all-time high of over 5.3 million ETH. This indicates these long-term holders are not selling out
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Tesla continues to hold on to its BTC holding having last sold about 75% of it in the second quarter of 2022. It has now been five consecutive quarters that electric vehicle maker Tesla Inc (NASDAQ: TSLA) has left its sizable Bitcoin (BTC) holdings untouched. That is despite recently spending greatly
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What’s Holding Crypto Back? It’s the Founders, Not Just Regulators Source
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By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Analysing BTC supply, approximately 68.5% of the total circulating supply has remained untouched for at least one year, nearing its highest level. Additionally, BTC’s hashrate, indicating the computational power on the blockchain network, has reached an all-time
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The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains. Original Source
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Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market
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Bitcoin price is moving higher above the $26,200 resistance. BTC could gain bullish momentum if there is a daily close above the
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The Financial Accounting Standards Board (FASB) has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules will go into effect in 2025.The FASB is the United States organization that sets accounting and reporting standards for organizations that follow U.S. Generally
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