Coinbase said that it has acquired an additional $350 million in cryptocurrencies. The exchange would be investing 10 percent of all revenues going forward in crypto. In August, Coinbase acquired $500 million worth of crypto assets, and it has since bought much more. There are many reasons to believe that
February 26, 2022 1 min read
Russian BTC miners contributed roughly 11.2% of the worldwide BTC hash rate. SWIFT and crypto transactions will not be affected by the new limits. According to experts, Russia may use cryptocurrencies to avoid the sanctions imposed by the United States as part of its ongoing conflict with Ukraine. Today morning,
February 25, 2022 1 min read
The cancellation of an auction for 104 CryptoPunks, was worth $30 million. The anonymous owner of CryptoPunk goes by ‘0x650d’ on Twitter. In 2021, the market for non-fungible tokens (NFTs) exploded. Blockchain analytics platform Chainalysis in Singapore said in February 2022 that NFT markets and collections grew from $106 million
February 24, 2022 1 min read
The $38,250 level is currently a powerful barrier to the price. Bitcoin has been up 3.63% in the last 24 hours. A steep drop in the price of Bitcoin led to support at $36,350. Above $37,000, Bitcoin built a base and began a rebound wave. The price surpassed the $37,500
February 23, 2022 2 mins read
Since 2021, BTC has successfully maintained the $29,000 price level. Each halving has consistently resulted in a surge in Bitcoin’s value. According to Huobi’s co-founder, Bitcoin’s next Bull Run may not occur until late 2024 or early 2025. When speaking with CNBC, Du Jun cautioned that BTC’s halving cycle is
February 22, 2022 2 mins read
The sell-on-rally position is supported by AVAX’s second rejection from the $95 level. Fantom is down 15.87% in the last 24 hours. Once again, a correction has taken place in the global crypto market, which has lowered the value of several digital assets. It has cost the industry its threshold
February 22, 2022 2 mins read
By utilizing the platform, players may access games and earn UOS. Users can opt-out of receiving Ultra coins for viewing adverts on the Ultra platform. Video games and material may be published on Ultra’s publishing platform and ecosystem. The goal of Ultra is to break the present monopoly of publishing
February 21, 2022 1 min read
There is currently a total cryptocurrency market capitalization of $1.899 trillion. Bitcoin is down 0.77% in the last 24 hours. Traders are returning to the planning stage and re-evaluating their short-term expectations for Bitcoin (BTC) and Ethereum (ETH) due to the current wave of volatility. Ether’s $2,900 support failed to
February 19, 2022 2 mins read
According to Morgan Stanley, ETH is less decentralized than Bitcoin. As per the research, Ethereum has a bigger market potential than Bitcoin. According to a new report from Morgan Stanley Wealth Management, the decentralized finance (DeFi) and non-fungible token (NFT) categories are now led by Ethereum. Analysts anticipate that Ethereum’s
February 18, 2022 1 min read
There were 6,226 whale wallets as of February 13, a 4-year low. Since October, the network has added around 10 million unique addresses. According to new statistics, the Ethereum network added 18.36 million accounts with a balance of more than zero in 2021. That comes out to an incredible growth
February 16, 2022 2 mins read
