INVESTMENT
Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH
In the past few days, whales of Ethereum have been on a buying spree as their tokens accumulation continues.
Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?
Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments.
Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.
Bitcoin Possibly on Final Leg Down as Seller Exhaustion Ticks
Speaking on CNBC’s Mad Money show, host Jim Cramer opined that Bitcoin might be staring at the end of its downside because of seller exhaustion.
NFT platform Autograph Raises $170M in Series B funding
Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins.
Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle
Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized, and this is one of the factors attracting crypto investors.
Rio de Janeiro Plans to become "Crypto Rio" by Storing Part of its Reserves in Bitcoin
Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin.
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
With the crypto market witnessing massive liquidations affecting retail and institutional investors, El Salvador has also been on the receiving end with a loss of more than $11 million, given that it holds at least 1,391 Bitcoin, according to Bloomberg.
Ethereum 2.0 Hits a New Milestone with a Deposit of More Than 9 Million Ether
More investments continue trickling into Ethereum 2.0 because 9.01 million ETH has been staked.
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation.
Top Crypto Assets are in Fear Trajectory, Could this Signal a Bounce?
The crypto market continues to be in the red based on more liquidation. As a result, the leading cryptocurrencies are in the fear zone.
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.
Bitcoin Addresses in Profit Slip to 5-Month Low, Consolidation Continues
Profitability in the Bitcoin market has slipped to a 5-month low as the price continues to consolidate.
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Utility on the Ethereum network is rising thanks to low median fees.
Bitcoin Needs to Hold the $45K to $47K Zone for a Bullish Momentum
Analysts suggest that bitcoin should hold the $45,000 to $47,000 area for an upward momentum to reignite.