Author: e_cash_top

[ad_1] Ethereum (ETH) might be gradually turning into a store of value based on the volume of the digital asset being held by long-term investors, CryptoSlate’s analysis of Glassnode data revealed. With Ethereum down by more than 70% from its all-time high during the current market cycle, one would think that investors would massively dump…

[ad_1] Beyond cryptocurrency tokens, the blockchain also enables analysts to get a clearer picture of practically any GameFi project, NFT, marketplace, or DeFi protocol, thanks to Footprint. At Footprint, we’ve created a methodology that compiles and meaningfully aggregates the raw blockchain data. And this applies to programming integrations. 1 . Ways to work with the…

[ad_1] In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 and 2021, other stablecoins like USD Coin (USDC) and Binance USD (BUSD) began to rise, with USDC reaching 33% dominance and…

[ad_1] Risk is off the table Risk, leverage, and speculation could be considered the keywords for 2021 as excess cash from covid stimulus entered the stock market and crypto ecosystem. Many traditional financial assets have since returned to their pre-covid levels, such as Ark Innovation ETF, public equities such as Coinbase, and Bitcoin mining stocks…

[ad_1] Senators Elizabeth Warren and Roger Marshall have proposed a bill on Dec. 14 to curb money laundering and terrorist and rogue nation financing via cryptocurrency. The bill, referred to as the Digital Asset Anti-Money Laundering Act, also seeks to “mitigate the risks that cryptocurrency and other digital assets pose to the United States’s national…

[ad_1] After the spectacular collapse of the U.S. cryptocurrency exchange FTX, investor confidence in the cryptocurrency ecosystem is very low. Hence, the ongoing media reports and social media rumors about higher-than-usual outflows from the world’s largest crypto exchange Binance are raising alarm bells among crypto investors and the wider investing community. Binance’s controversial proof of…

[ad_1] The Twitter account belonging to early Bitcoin contributor and adopter Hal Finney has been reactivated after twelve years of inactivity. Finney was the first individual to receive a blockchain transaction from Bitcoin creator Satoshi Nakamoto in 2009. He continued to use and contribute to Bitcoin until he passed away from ALS complications in 2014.…

[ad_1] BDO could become the latest auditing firm to halt or limit services to crypto companies, based on reports from the Wall Street Journal on Dec. 16. A report from the news publication quotes a BDO representative who stated: In common with several other professional service firms, we are currently evaluating our approach to this…

[ad_1] During the FTX hearing on Dec. 16, FTX liquidators requested for the “Bahamian legal system to be respected” in relation to the ongoing bankruptcy case in the United States (US), while also denying allegations of any “improper conduct” on the part of the Bahamas. The FTX debtors sought to have the Creditors’ file unsealed,…