Author: e_cash_top

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[ad_1] One of the most frequently used on-chain metrics to determine Bitcoin’s performance is the behavior of its long-term holders. Defined as addresses that haven’t moved any BTC in six to twelve months, long-term holders often indicate market tops and bottoms. The short-to-long-term realized value (SLRV) ratio looks at the behavior differences between short and…

Several crypto exchanges reportedly block Russian users because of EU sanctions

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[ad_1] Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union sanctions. Media reports said that Blockchain.com gave its Russian users until Oct. 27 to withdraw all of their funds, after which their accounts would be blocked. The crypto company said that its…

Volume surges to ‘bull market levels’ as Bitcoin snaps back from CPI decline

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in Uncategorized

[ad_1] Bitcoin Archive tweeted that BTC volume is “climbing to bull market levels,” while highlighting a continuous monthly uptick since August. Source: @BTC_Archive on Twitter.com That in itself cannot be taken as a definitive sign of the bull market returning. Nonetheless, in conjunction with Bitcoin’s Consumer Price Index (CPI) snap back on Thursday, a degree…

Huobi allegedly transfers 74M tokens to Justin Sun, HT up 7.7%

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[ad_1] Tron founder Justin Sun has reportedly received 74 million HT tokens from Huobi’s official wallets. On Oct. 14, Sun told Bloomberg News that he owns “tens of millions of Huobi tokens. He confirmed to be one of the biggest holders of the HT tokens. In his capacity as a Huobi advisor, Justin Sun said…

Tether reduces commercial paper reserves for USDT to zero

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[ad_1] Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. Tether announced on Oct. 13 that it has cut its commercial paper to zero and will invest more in U.S. Treasury Bills and short-term government-issued debt. Tether said: “Reducing commercial papers to zero demonstrates Tether’s commitment to…

Nigel Farage draws parallels between political ridicule and Bitcoin ideology

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in Uncategorized

[ad_1] Former U.K. Independence Party (UKIP) Leader Nigel Farage likened his experience as a political outcast to what is happening with the Bitcoin movement. Known as a Euro-skeptic, the ex-Member of the European Parliament (MEP), who served until the U.K.’s exit from the EU, has voiced numerous “anti-establishment” opinions in the past, including condemning the…

China floats pan-Asian digital currency built on blockchain

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[ad_1] China-backed researchers have called for establishing a pan-Asian digital currency to end the dominance of the U.S. dollar in the region, South China Morning Post reported on Oct. 13. According to the report, the economic conditions for creating a regional digital currency are now in place in East Asia. “More than 20 years of…

BTC, ETH rebound following US CPI data release

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[ad_1] The total cryptocurrency market cap saw net inflows totaling $30.49 billion. As of press time, the industry’s market cap stood at $941.63 billion, up 3.13% over the last 24 hours. Bitcoin’s market cap grew 3.87% over the reporting period to $380 billion from $365.65 billion Ethereum’s market cap increased 3.23% to $162.85 billion from…

Bitcoin slumps after CPI release; Fed Vice Chair warns banks on crypto company deals

Oct 13, 2022

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[ad_1] The biggest news in the cryptoverse for Oct. 13 includes Bitcoin falling by 3% as CPI data of 8.2% worsen fear of rate hikes, Binance allegedly filing inadequate financial reports in the UK, STEPN denying lay-off claims, and U.S. lawmakers demanding a probe of ERCOT for paying Bitcoin miners in Texas. CryptoSlate Top Stories…

French cyber-crime authority leverages ZachXBT’s research to apprehend NFT scammers

Oct 13, 2022

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