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For example, Kraken’s and Coinbase’s current 30-day SMAs for their BTC inflows are not close to their six-year low. In 2023, Kraken’s incoming BTC transfers have oscillated between roughly 700 BTC and 1,030 BTC, while Coinbase’s have ranged from roughly 2,800 BTC to 3,700 BTC. Kraken and Coinbase BTC inflows
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Week-over-week, a steady 22% of SHIB’s circulating supply is parked on crypto exchanges, with Binance, the world’s largest exchange, holding more SHIB than any other; Crypto.com is second-highest. Notably, Binance’s total SHIB deposits have dropped by 1.6 trillion tokens in seven days, while smaller exchanges such as OKX have seen
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Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums. Source
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The company’s stock has increased more than 30% since the year started and has grown 36.52% over the past month.Online game company Roblox Corporation (NYSE: RBLX) saw its shares jump following the release of its December 2022 metrics report. The company’s shares closed up 11.77% on Tuesday on news that
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A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto Profits Are Taxed and What Rules Apply to Such
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Out of 8 billion people living on the planet, only 43 million people own Bitcoin — which amounts to less than 1% of the population. Despite the success of the cryptocurrency, a minuscule number of the world’s current inhabitants holds ownership of Bitcoin, according to CoinMarketCap. Are there specific reasons why
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With Bitcoin surging past $20,000, altcoins like DOT (Polkadot) have been riding the broader crypto rally which started since the beginning of 2023. According to CoinGecko, the token is trading at $5.94, and has risen by more than 12% in the past 24 hours and 33% in the weekly. This was
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Bitcoin's volatility smile is a graphical representation of implied volatility or demand for options at different strike levels. Original Source
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2022 was a rollercoaster ride of ups and downs for the blockchain industry. While the year’s first quarter looked promising, the crypto industry has been on a downward trajectory ever since. While indications of a global macroeconomic slowdown increase, these headwinds hamper the blockchain industry’s potential recovery.There are some signs
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The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and takes. The Elon EffectIn 2021, Elon Musk could send the price
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