Cryptocurrency Analysis and News Portal
The launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the number of non-zero Bitcoin addresses to a new all-time high of 44 million, according to crypto analytics platform Glassnode.In a Feb. 13 report from Glassnode, the firm explained that for the first time in Bitcoin’s
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“There has been a significant surge in the price of bitcoin recently, which, combined with increasing regulation, has forced Grayscale to somewhat decouple GBTC from the price of bitcoin, which may have undermined the value of GBTC,” said Sheraz Ahmed, managing partner at Storm Partners. Source
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Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top
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In a CryptoX exclusive, the co-founder of Yuga Labs, Wylie Aronow, shares a frank letter touching on his recent diagnosis of heart failure and responding to accusations of racist and nazi imagery embedded within the Bored Ape Yacht Club NFT project. Source
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The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked
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Shiba Inu (SHIB) price was at the lowest versus its top rival Dogecoin (DOGE) in November 2022. Three months later, the dynamics have flipped. SHIB price rises 100% versus DOGEOn Feb. 4, 2023, the SHIB/DOGE pair reached 0.00001638 DOGE, up almost 100% three months after bottoming out at 0.00000993 DOGE, its
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Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase. On Thursday, Meta Platforms (NASDAQ: META) shares surged by more than 23%, marking one of the stock’s best days in a decade. This positive development benefited from optimistic commentary by Meta CEO Mark Zuckerberg and
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During the fourth quarter, Tesla reported automotive revenue of about $21.3 billion and total revenues of about $24.31 billion.Tesla Inc (NASDAQ: TSLA) shares closed Thursday trading at $160.27, up 10.97 percent from the day’s opening price. Tesla shares spike has been attributed to record 2022 Q4 earnings results that beat
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Layer 1 blockchain Aptos’ token, which has been surging since the start of the year, broke an all-time high on Thursday. The token, APT, reached $19.42 and is up 423% since Jan. 1. The rally is far greater than those for bitcoin and ether, the two biggest cryptocurrencies by market cap.
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Also: Most major cryptos were in the red, but Axie Infinity’s AXS token continued to rally. Equity indexes were flat. Original Source
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