Cryptocurrency Analysis and News Portal
Estimated data shows cryptocurrency asset management firm Grayscale purchased close to half of all mined Ethereum in 2020. What’s more, with Ethereum 2.0 drawing closer, many have speculated that institutional investors are looking to reap the benefits of ETH staking.Institutional Interest in Ethereum Taking OffGrayscale is currently the world’s largest
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Since oil futures crashed earlier this week – some hitting negative prices for the first time ever – the crypto world has been enjoying the fact that bitcoin suddenly appeared to be a relatively stable asset.Markets were shocked when the May futures contract on the West Texas Intermediate (WTI) crude,
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Bitcoin failed to surpass the $7,200 resistance and declined below $7,000 against the US Dollar. BTC price is showing a few bearish signs, but the bulls are likely to protect $6,555.Bitcoin is declining and trading below the $7,000 support zone against the US Dollar.It is testing a major support near
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The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%.
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The Agencia Estatal de Administracion Tributaria (AEAT), which is Spain’s tax agency, has announced plans to send out more letters to holders of bitcoin (BTC) and other blockchain-based cryptocurrencies in the nation in spite of the current global economic downturn caused by the coronavirus pandemic, according to reports on April
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Blockchain analysis company Coin Metrics has found that while Bitcoin (BTC) was experiencing its biggest daily drop in the last seven years, stablecoins reaped the benefits. Coin Metrics, which conducts analysis of various aspects of cryptocurrency tokens, released their State of the Network report on March 23. The report focused
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Over the past few days, Bitcoin has started to trend higher; since hitting $8,400 last weekend, the price of the leading cryptocurrency rallied as high as $9,250 on Saturday morning.Although there are many optimists saying that this price action is a precursor to even greater gains — Bloomberg suggested that
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Google has announced a new studio in Playa Vista dedicated to developing new Stadia IPs. God of War producer Shannon Studstill will lead the new studio. Google is doubling down on Stadia despite widespread criticism and a lackluster service proposition. Despite a limited drip-feed of mediocre games, growing impatience
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Coronavirus fatality rate varies between 0.4% and 4% depending on the region. Death rates can spike in areas that are not ready to handle a large number of patients. Coronavirus has started to spread to regions that are yet to be affected, causing heightened fear. The fatality rate of
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While Bitcoin has seen its fair share of rallies over the past 15 months, analysts are not yet convinced the cryptocurrency is in a full-blown bull market. Though, one key metric suggests that the bull run is right on the horizon. Crypto Bull Run is About to Begin, Analysis of Key
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