CRYPTOCURRENCIES
Bitcoin Miners’ Wallet Net Flows Are Increasingly Turning Negative
Bitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
Bitcoin Needs to Push Above $40,000 for Bulls to Construct Confidence
Chris Weston, the head of research at Pepperstone Financial Pty, believes that Bitcoin ought to trade above the top of the present range of $40k for bulls to feel that they are out of vulnerability.
The Number of Ethereum Transfers Hit a Monthly Low
The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.
Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting
Ransomware attacks and the role of cryptos like Bitcoin is a concern to the U.S. President Joe Biden is set to address with the G7.
Trump: Bitcoin, It Just Seems Like a Scam
Former US President Donald Trump is still anti-crypto and he made it known in his latest interview with Fox business news.
El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender
El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.
Bitcoin Whales Are Accumulating Behind The Scenes Adding 50,000 BTC to Their Wallets
Another shocking tweet by Tesla CEO Elon Musk lead to Bitcoin (BTC) plunged by more than 5% after touching the $40,000 level.
Short-Term Bitcoin Holders Have Been Selling at a Net Loss Since May 13
Ever since Bitcoin (BTC) dropped from the record-high price of $64,800 set in mid-April, short-term holders have found themselves on the receiving end based on a sharp correction.
Ethereum’s Address Activity is Growing Again Following the Recent Panic Selloff
On-chain metrics provider Santiment has acknowledged that Ethereum is gaining momentum as address activity in this network is growing again.
Ethereum Exchange Inflow Volume Hit a Monthly Low of $34.27 Million
According to digital asset firm Glassnode, Ethereum exchange inflow volume reached a 1-month low of $34,277,495.88.
Coinbase Launches Crypto Card Connecting with Apple Pay & Google Pay
A select group of Coinbase customers can now utilize the firms crypto debit cards to make purchases while earning rebates.
Bitcoin Might Get More Volatility by the End of the Week, Market Analyst Reveals
Market analyst Lark Davis believes that Bitcoin might get more volatility as the week comes to an end based on the formatting of a triangle pattern.
Bitcoin Transaction Volume Hit a 3-Month Low of $3.014 Billion
Bitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.
Purpose Ether ETF Inflowed Surge Past 50,000 ETH
The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.