Author: e_cash_top

in Latest news

[ad_1] Bitcoin (BTC) maximalists are celebrating the election of Pierre Poilievre as the new leader of Canada’s Conservative Party because of his pro-crypto views. Who is Pierre Poilievre? Pierre Poilievre shot into the limelight earlier this year when he supported truckers’ protests against vaccination in Ottawa. Since then, Poilievre has repeatedly criticized Justin Trudeau’s-led government…

CryptoSlate Daily wMarket Update – Sept. 9 to Sept. 11

Sep 12, 2022

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[ad_1] Since September 9, the total cryptocurrency market cap saw net inflows totaling $73.4 billion to climb back above the psychological $1 trillion mark once again. As of press time, it stood at $1.055 trillion, up 7.5% over the weekend. Bitcoin’s market cap grew 12% over the reporting period to $415.8 billion from $370.14 billion.…

As the merge approaches, on-chain data suggests ETH used as store of value

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in Guides

[ad_1] According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. Coins held by Ethereum investors are maturing to showcase a higher number of HODLers unwilling to sell. Within the Ethereum ecosystem, just under 60% of investors have held for more than one year, compared with Bitcoin,…

Bitcoin’s realized price shows a bottom could be forming

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[ad_1] Determining a market bottom requires looking at various different sets of data. However, when it comes to Bitcoin, there are two frequently used on-chain metrics that have historically acted as solid indicators of its price bottom — realized price and the MVRV ratio. Realized price calculates the average price of the Bitcoin supply valued…

Derivative staking rewarding up to 40% to combat bear market

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[ad_1] The Dotsama derivative staking platform, Bifrost, has launched a new Rainbow Boost incentive program. The loyalty scheme aims to “incentivize liquid staking and activity on-chain.” Any wallet that participated in the Kusama Crowdload will be airdropped with respective “KAR, MOVR, SDN, PHA, and BNC” tokens. Further rewards are reported to include NFTs and priority…

HODL waves show short-term holders at level lower than 2019 bear market bottom

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[ad_1] HODL Waves are an indicator that bundles all active supply addresses by age bands. Each colored band shows the percentage of Bitcoin in existence that was last moved within the time period denoted in the legend. A review of the current state of the HODL Waves chart by CryptoSlate indicates that short-term holders are…

Earnings release shows Coinbase made more in Q1 2021 than all of 2020

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in Markets

[ad_1] Crypto exchange Coinbase posted its earnings this morning and showed strong revenue numbers ahead of its April 14 public listing, documents show. The exchange is one of the biggest crypto businesses and one of the first in the US to be offered to the public. Coinbase posts stellar figures The release showed Coinbase made…

Russia to settle cross-border payments using stablecoins

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in Guides

[ad_1] Deputy Finance Minister Alexey Moiseyev has confirmed that Russia is working with crypto-friendly countries to facilitate cross-border payments using stablecoins as sanctions from U.S and U.K. mount, local news TASS reported on Sept. 6. The Finance Minister and Central Bank had earlier agreed that Russia can’t do without cross-border settlements in cryptocurrency. Consequently, Russia is…

Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1

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