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Search Results for: Cryptocurrency

Bulls or Bears; What’s the Fate of Crypto Market This Week?

The week starts with a red note for the cryptocurrency market. Every asset listed in the crypto sphere is showing a red movement in its price as well as a market capitalization graph. Pioneers in the trade, Bitcoin (BTC) and Ethereum (ETH) are 2.45% and 1.86% down in the last

May 8, 2023 1 min read

Shiba Inu Records the Largest Purchase Volume in the Week

Shiba Inu (SHIB), the second largest memecoin, witnessed a surge in volume as large buyers took center stage, outpacing the selling pressure. In the past week, bulls marked an extraordinary milestone, with the volume of purchases by influential investors surpassing a staggering 10.25 trillion SHIB. On the contrary, the sales

May 8, 2023 1 min read

Russia Authorized Platforms Issued Digital Assets Worth $1B Last Month

The Kommersant reported that seven placements of digital financial assets (DFAs) totaling roughly 1 billion rubles ($13 million) were done in Russia last month. While this market is currently relatively tiny. Big initiatives may be anticipated by the end of the year, according to experts cited by the business daily.

May 7, 2023 1 min read

Eligible Celsius Custody Account Holders Allowed Remaining Withdrawal

Celsius Network, a cryptocurrency lending platform, has announced that certain customers will soon be able to recover their whole initial investments. Even though it has been almost a year since the company temporarily halted withdrawals. Users of Celsius who have only ever had their funds in custodial accounts were previously

May 7, 2023 2 mins read

Ethereum Staking Deposit Outnumbers Withdrawal

After waiting for the Shanghai update, Ethereum stakers may now make withdrawals. Since the staking option was initially unveiled in December 2020, several people had been holding out in anticipation. The fact that Kraken’s U.S. staking clients seem to have been more or less drained from the system is perhaps

May 7, 2023 1 min read

Pepe (PEPE) Spot Trading Volume Surpasses Whopping $2.7 Billion

The trading volume of Pepe (PEPE), a meme currency based on a cartoon frog, has skyrocketed recently. The spot trade volume of PEPE surpassed $2.7 billion recently, second only to USDT, BTC, ETH, and USDC, according to Wu Blockchain, who quoted statistics from CoinMarketCap. The highest trading volume, $650 million,

May 7, 2023 1 min read

Kazakhstan Collects Approx $7 Million in Tax From Crypto Miners in 2022

Local media outlets indicate that in 2022 after a new rule was passed to regulate the financial burden of cryptocurrency mining, the government of Kazakhstan collected 3.07 billion tenge (about $7 million) in tax payments from crypto mining businesses. As of April 27th, 2023, the government has earned 240 million

May 7, 2023 1 min read

NOWNodes Launches Shibarium’s Trading Bots Tutorial for SHIBARMY

NOWNodes, a blockchain infrastructure provider, has launched a new tutorial for the SHIBARMY community on constructing trading bots for the Shibarium decentralized exchange. The lesson was built in response to community requests for guidance on trading bots, which may assist in automating transactions and managing portfolios more efficiently. woof 🐶

May 7, 2023 2 mins read

Bitcoin (BTC) Meets 46.1M Non-Zero Addresses, Soaring Adoption

The most prominent cryptocurrency, Bitcoin (BTC) gathered attention among the crypto community by reaching a new all-time high (ATH). As per the reports of Glassnode, a crypto analytics provider, it is noted that the overall non-zero addresses turn to an approximation of 46.1 million. #Bitcoin adoption continues to soar as

May 6, 2023 2 mins read