CRYPTOCURRENCIES
Ethereum is Experiencing Consistent Supply Depletion Due to Massive Exchange Withdrawals
Ethereum is leaving crypto exchanges, causing a huge supply deficit.
6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion
Blockchain insights provider BlockData has acknowledged that six corporate giants have taken the Bitcoin holding culture a notch higher as they have BTC worth more than $11.4 billion in their custody.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
New Depositors of Ethereum 2.0 Hits All-Time High of 1,368
Confidence in the Ethereum network continues to grow given that the number of new depositors to the ETH 2.0 contract hit an ATH of 1,368.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
High Transaction Volumes are Boosting Ethereum’s Price Rally
On-chain metrics provider Glassnode has revealed that high transaction volumes in the Ethereum network are boosting Ether's upward momentum.
Not Just Bitcoin - Ethereum and Altcoins Gain Bullish Momentum
Ethereum's record-breaking momentum indicates that investors are increasingly taking an interest to altcoins and that Bitcoin's dominance in the crypto sector has slightly declined.
Bitcoin Hits Two-Week High But Traders Are Not Convinced of The Hype
Despite Bitcoin rebounding above $58.4K, traders are not buying into the hype, according to on-chain metrics provider Santiment.
Ethereum Hits Fresh Record High of $3000
Ethereum has hit an all-time high of $3000 for the first time in its history, making it more valuable than PayPal and the Bank of America in terms of market cap.
Whales Holding More Than 10,000 BTC Continue Accumulating More Bitcoin
On-chain metrics provider Santiment has noted that Bitcoin whales are taking advantage of the current raging market to accumulate more Bitcoin.
Institutional Bitcoin Adoption in Asia is Making a Big Step Forward
Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network.
Ethereum Breaches $2,500 and Achieves Its Highest Daily Close
Market analyst Lark Davis has acknowledged that Ethereum has attained the highest daily close ever, topping $2,500, which is bullish.
Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings
Korea's Financial Services Commission employees are to report their digital currency holdings by May 7, as there have been concerns about insider information.
President Biden’s Tax Plans Spark Fear, Triggering a Bitcoin and Ethereum Price Drop
The speculation that U.S. President Joe Biden’s administration will increase capital gains taxes sent shock waves in the crypto space as Bitcoin (BTC) and Ethereum (ETH) dropped amid fears that this initiative could limit investment in digital assets.
Ethereum Settled Transactions Worth $1.5 Trillion in Q1 of 2021
The Ethereum network settled more transactions in the first quarter of 2021 than it did in 2020.