Invest now for a brighter future.
DAN: Investing now for a brighter future is a smart decision that can pay off in the long run. By investing now, you can take advantage of the current market conditions and benefit from the […]
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Ethereum price surges beyond $1,700; data shows no cause for alarm.
Ethereum’s price has surged to a record high of $1,700 but fundamental market metrics indicate that this price rally is not backed by an increase in demand. Data shows that Ethereum’s price is increasing despite a decreasing hashrate and a diminishing number of active addresses.
. Crypto fans rejoice! Grayscale’s move brings hope, yet questions linger.
The crypto community is joyous following an announcement by Grayscale Investments that it plans on making it easier to purchase digital coins. Despite the rejoicing, it remains uncertain what the true economic implications of the swap will be.
. Matrixport: Long Bitcoin, Tight Stop Loss Set.
Matrixport has advised its clients to “long Bitcoin” with a tight stop loss in place, citing that this is the right approach to the current bear market in cryptocurrency.
New Network Update Carries The Promise Of Passive Income For XRP Holders
Ripple has announced a huge update to its network which offers XRP holders the chance to earn passive income. The update will enable users to stake their XRP digital currency to issue and certify transactions on the decentralized XRP Ledger network.
reveals Robinhood as mysterious wallet, 3rd largest Bitcoin holder.
Robinhood, the popular stock trading app, has been identified as the mysterious wallet holding over 170,000 Bitcoin, making it the third largest holder of the cryptocurrency. Research claims the wallet, worth more than $9 billion, has been active since mid-April 2020.
Prime Trust lost $8M in failed Terra stablecoin investment, CEO confirms.
Prime Trust, a blockchain infrastructure provider, has lost $8M from an investment in the failed Terra stablecoin. CEO Aaron Brown said the affected funds were “allocated to the project as an upfront investment into its potential success”.
Coinbase’s lending protocol leaves users in the dust: report.
Coinbase’s Base protocol has reportedly pulled the rug out from under users who had invested in its lending service, says a new report. Investors are filing complaints of frozen funds and other issues after the platform’s sudden shutdown.
1. Supply & Demand 2. Hype & Speculation 3. Media Attention.
The beloved Shiba Inu coin (SHIB) has once again made headlines! This popular dogecoin alternative rocketed 15% in the last 24 hours, meaning that investors who got in early are reaping the rewards. Here, we explore the three key reasons for the immense surge in popularity.
Demand and supply imbalance is causing Bitcoin price stagnation.
Bitcoin prices have been stuck in a range for nearly a year now. But why, when so much promises have been made of Bitcoin becoming the world’s de facto currency, is it unable to drive the price up? Experts weigh in on the reasons why the digital currency’s price is stuck.