Bitcoin markets saw a drastic correction over the last week which carried over to the weekend.
The post Data shows miners are “accumulating” as Bitcoin falls to $44,000 appeared first on CryptoSlate.
Tag: Analysis
Major Dubai crypto fund to sell $750M worth of BTC to buy Cardano and Polkadot
FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month.
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Why traders say Ethereum will continue to outperform Bitcoin in the short-term
Traders are seemingly expecting Ethereum to continue to rack up gains against Bitcoin.
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Binance Coin (BNB) erupts above $300 as the whole Smart Chain ecosystem soars
Tokens from the Binance Chain ecosystem are surging today, led by Binance Coin’s (BNB) own example—which broke above $300 today, according to CryptoSlate’s Binance Smart Chain sector data.
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Bitcoin is “eating” Gold: GOLD/BTC ratio falls to an all-time low
The yellow metal has now fallen to its lowest-ever value against Bitcoin, the digital gold, in terms of the ratio.
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Almost 72% of all ADA is now staked on Cardano
With 71.9 percent of the total circulating supply of ADA now staked, Cardano is still the most decentralized blockchain network on the market.
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Why Ethereum is stagnating behind Bitcoin after its rally to new record-high
The price of Ethereum is declining against both Bitcoin and the United States dollar.
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JPMorgan co-president admits the demand for Bitcoin will come at “some point”
In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.” Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn’t here just yet.
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Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up
Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price.
The post Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up appeared first on CryptoSlate.
Darknet market link provider claims its Bitcoin donors’ accounts were frozen
The admin of a well-known darknet market link provider claims its donation address was flagged as suspicious after it criticized Chainalysis’ KYT flagging system.