Recent data reveals that the crypto economy has seen notable growth in the last month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won represented 3.53%. of all bitcoin (BTC) transactions in the previous 24 hours. Bitcoin price rises $1,300 above…
Very often, historical formations and subsequent performance can be useful tools in determining the future performance of assets such as the XRP price. For this reason, the return of a formation that triggered a previous price rise can be very serious if history were to repeat itself again. Crypto Analyst Reveals Return of One Million…
Prominent cryptocurrency analyst Dmitry Noskov of European trading platform StormGain recently shed light on his Ethereum (ETH) predictions and revealed where the digital asset should be by the end of the year. Dmitry Noskov on Ethereum (ETH) price movement The crypto analysts’ predictions were driven by the current growth of the cryptocurrency market due to…
The price of XRP saw a rapid rise along with the rest of the crypto market over the weekend, finally taking its price above the $0.53 mark. Amid this price surge a pattern emerged that suggests what may be happening with the altcoin. Real volume amid rising XRP prices On the Messari actual volume chart,…
As of October 22, 2023, there are 79,839 individual wallets containing WBTC, a token pegged 1:1 to Bitcoin (BTC). WBTC tokens in circulation total 163,006, valuing the project at $4.88 billion. Since December 17, 2022, there has been a 12.31% reduction in the circulating supply of WBTC, from 185,909 WBTC to the current 163,006 WBTC….
Bitcoin (BTC) price has retested the $30,000 price level following its sustained resurgence the previous week. Bitcoin is trading at a market capitalization of $30,135, up 1.47% at the time of writing. This growth highlights the performance of the main currency in the following week period, in which it jumped 11.91%. Bitcoin dominance hits 3-year…
The Kraken cryptocurrency exchange announced new achievements in the implementation of its strategy to seek expansion in the European market. The US digital asset trading platform said it received regulatory approvals from monetary authorities in Ireland and Spain, two of the EU countries with relatively clear rules for the sector. Kraken, Another Major US Crypto…
Bitcoin value briefly dipped below the $26K threshold at 5:50 PM. ET on Thursday before quickly breaking above the $26,000 benchmark. At the same time, the expansive cryptocurrency backdrop saw an 8% drop against the US Dollar, teetering dangerously close to falling below the $1 trillion threshold. Additionally, a staggering $1 billion worth of derivatives…
National Australia Bank joins other major Australian banks in blocking payments to “high-risk” cryptocurrency exchanges to protect customers. The National Australia Bank (NAB) announced on Monday that it had blocked some payments to “high-risk” cryptocurrency exchanges in recent months to protect its customers. The lender said Australians lost an estimated $151 million last year due…
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