Bitcoin (BTC), the largest cryptocurrency’s consolidation at the $30,000 mark, has brought a strong pattern. According to the data from Glassnode, approximately 75% of the total Bitcoin supply is held in profit, while the remaining 25% is held in loss. Remarkably, this balance mirrors the equilibrium point observed during previous
Ark Invest, the investment management business run by Cathie Wood, sold Coinbase (COIN) shares on Tuesday as the price hit a new high for the year. Shares of Coinbase remained rising when several spot Bitcoin ETF applicants picked Coinbase as its surveillance-sharing partner, despite a lawsuit from the US Securities
Through the decentralized platform JustLend, the TRON ecosystem recently welcomed its first Real World Asset (RWA) product: stUSDT. Justin Sun, creator of TRON and member of Huobi’s global advisory board, predicted that stUSDT will become the cryptocurrency equivalent of Alipay’s Yu’e Bao, a money market fund service provided by Alibaba.
Solana (SOL), often referred to as the “Ethereum killer,” has made significant strides in the cryptocurrency market, surpassing Litecoin (LTC) to claim the 9th position on CoinMarketCap. SOL’s impressive performance, marked by a 46% surge in price over the past month, has sparked bullish predictions among analysts. Solana’s climb in
In a surprising turn of events, a substantial amount of 20 million MATIC, equivalent to approximately 14,742,505 USD at current market rates, has been transferred from Polygon Staking to an unknown wallet. The transfer has left the cryptocurrency community and investors speculating about the motives and implications behind this mysterious
Algofi, a decentralized finance protocol operating on the Algorand blockchain, has announced its decision to cease operations due to a combination of factors that have made it challenging to maintain the protocol at its desired level of quality. The platform, which facilitates lending, borrowing, and trading, will soon transition into
Michael van de Poppe, a well-known cryptocurrency trader, and analyst, recently tweeted a graphic predicting the future value of Litecoin. According to the expert, Litecoin (LTC) has a “nice sweep of the low” on the LTC chart. According to Poppe, LTC has to surpass the $98.50-$99.50 levels in order for
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” claims that Bitcoin will soon be worth $120,000. These estimates are in line with those made by Standard Chartered Bank, which predicts that Bitcoin will reach $50,000 this year and $120,000 by the end of 2024. Meanwhile, the
The memecoin cryptocurrency named Shiba Inu (SHIB) has made a jaw-dropping realization on the crypto market. Compared to the previous years, the burn rate has soared to 3800% with the plot of creating a demand being the reason. SHIB’s Transaction and Burn Comparatively, the SHIB transaction results have shown the
HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is publishing its preliminary HY1 2023 figures. NAGA is pleased to announce a successful first half year, with revenue of EUR 19.5 million
