Cryptocurrencies
Bitcoin Addresses Sending to Exchanges Hit a Monthly Low as BTC Sits on Strong On-Chain Support
The number of BTC addresses sending to exchanges reached a monthly low of 4,831.226, as acknowledged by crypto analytic firm Glassnode.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
Cuba's Central Bank Moves to Legalize Use of Cryptocurrencies
The Central Bank of Cuba has recently announced that it will legalize and regulate cryptocurrencies. Cuba has been rising interest in cryptocurrencies like Bitcoin partly under toughened American embargo rules on the nation.
Honduras Receives First Crypto ATM In Tegucigalpa, Following El Salvador's Step Foot
Honduras-based TGU Consulting Group has launched the first crypto ATM in its capital. The firm has plans to launch more ATMs to enable residents to deposit and withdraw cash from the ATMs.
Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year
Bitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.
Bitcoin Inflows to Exchanges on the Rise, Which Could Signal a Bearish Momentum
An increase of Bitcoin inflows to crypto exchanges is being witnessed.
Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade
Kraken, a leading US-based crypto exchange, revealed its $250,000 donation aimed at helping open-source developer teams tasked with the Ethereum (ETH) 2.0 upgrade.
Institutions Accumulating Bitcoin as BTC’s Adoption Rate Surpasses the Rate of Internet
Institutions have been pumping investments in the Bitcoin market, which has been instrumental in an uptick in price.
Bitcoin’s Illiquid Supply Hits ATH as BTC and the S&P 500 Index Continue Being Strongly Correlated
Illiquid supply in the Bitcoin network hit a record-high, as acknowledged by on-chain metrics provider Dilution-proof.
Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased
More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by on-chain metrics provider Glassnode.