Author: e_cash_top
-

Strong Polygon rally outperforms Bitcoin, other large caps
[ad_1] Data compiled by CryptoSlate shows Polygon (MATIC) has outperformed other large caps, in Bitcoin terms, since Nov. 4. Moreover, this trend continues to hold amid an essentially flat market, leading to a return of bullish sentiment for the Ethereum layer 2 chain. Source: CryptoSlate.com Drilling down into the weekly MATICBTC price chart, the current…
-

Winning lottery 9x in a row easier than breaching Bitcoin’s security
[ad_1] An investment in Bitcoin (BTC), the largest cryptocurrency by market cap, can offer better security than the odds of winning in a Lotto Powerball. As per reports, one has to win Lotto Powerball nine times in a row to match the odds. Thus, by investing in BTC, investors enjoy a higher tendency to secure…
-

Square Enix joins Cross The Ages Metaverse as strategic investor
[ad_1] Renowned blockchain gaming firm, Cross The Ages (CTA), has announced Square Enix, a role-playing video gaming company, as a strategic investor in its project. Square Enix, with this development, joins the growing list of investors, including Ubisoft and Animoca Brands, who have embraced the gaming project. With the addition of Square Enix, CTA will…
-
CryptoSlate, Crypto Briefing onboard Access Protocol Ecosystem to leverage Web3 Paywall
[ad_1] With over 1.5 million combined monthly users, CryptoSlate and Crypto Briefing have become the latest participants to join Access Protocol Web3 Paywall. Both publications can make use of Access Protocol’s content paywall system. As a result, the new entrants join Wu Blockchain and The Block as initial ecosystem participants. What can Access Protocol offer…
-

Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues
[ad_1] Bitcoin’s (BTC) mining difficulty has plateaued since the beginning of November and saw a 0.19 percent drop on Nov. 7 following its latest adjustment, according to CryptoSlate’s analysis of Glassnode data. Bitcoin mining difficulty (Source: Glassnode) The chart above shows that mining difficulty has jumped significantly starting August all the way through November. The…
-

Silk Road Bitcoin worth $3.36B officially seized by DOJ after 10 year investigation
[ad_1] The U.S. Attorney has announced that the Department of Justice has seized $3.36 billion in Bitcoin in connection with the 2012 Silk Road fraud. A press release issued on Nov. 7 stated that “Over 50,676 Bitcoin Hidden in Devices in Defendant JAMES ZHONG’s Home” has been taken into custody following Zhong’s conviction at trial…
-

Binance, FTX spat tanks Solana price
[ad_1] Over the reporting period, the cryptocurrency market cap saw net outflows of $2.4 billion to $1,028.2 billion from $1,030.6 billion as of press time — down 0.2%. Since Nov. 4, Bitcoin’s market cap has grown 0.6% to $398.3 billion from $395.8 billion. Meanwhile, Ethereum’s market cap decreased by 0.5% to $193.3 billion from $194.3…
-

Hoskinson’s Twitter proposal for Cardano-Dogecoin tie-in snubbed by Reddit mods
[ad_1] Moderators of the Dogecoin subreddit removed a post by Cardano founder Charles Hoskinson on a proposal to utilize both cryptocurrencies in a decentralized Twitter. Hoskinson said he remains “optimistic about a solid dialogue,” despite the snub. He also intends to “reach out to a few people” to advance discussions of the proposal. Dogecoin and…
-

Could Bitcoin miner sell pressure indicate further upside potential?
[ad_1] Bitcoin miners have been selling BTC holdings at a rate not seen since early 2021. Further, the persistence of the negative net position change has not occurred since 2017. Miners consistently sold Bitcoin for the past three months at an aggressive rate likely to cover liabilities such as energy bills and loans. Source: Glassnode…
-

Ethereum supply concentration in smart contracts hits all time high
[ad_1] The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%. The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown…