[ad_1] Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an…
Author: dfrancis36
[ad_1] On-chain data shows that Litecoin whales have been active recently, as the network has handled many large moves. Litecoin Large Transaction Volume Has Been At $2.85 Billion Recently According to data from the market intelligence platform IntoTheBlock, the Litecoin network has been witnessing some high activity from the whale entities recently. The on-chain indicator of relevance here is the “Large Transactions Volume,” which keeps track of the total amount of LTC being moved on the blockchain by transactions valued at $100,000 or more. As only the whales can move amounts this large with single transfers, this volume can be…
[ad_1] On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a CryptoQuant Quicktake post explained, old cryptocurrency tokens have recently been deposited in large quantities in centralized exchanges. The on-chain metric of interest here is the “Exchange Inflow Coin Days Destroyed (CDD).” A “coin day” refers to a quantity that 1 BTC accumulates after staying dormant on the blockchain for 1 day. When a coin that had been sitting still inside a wallet is finally moved,…
[ad_1] Crypto trading platform Abra has announced the acquisition of several private cryptocurrency trusts from Valkyrie Investments. This move comes shortly before Abra settled with 25 U.S. state financial regulators for operating without the necessary licenses, marking a significant development in the crypto industry’s regulatory landscape. Details of the Acquisition Abra Capital Management LP, the asset management arm of Abra, took over several active trusts from Valkyrie in May. According to Marissa Kim, head of asset management at Abra, the deal includes Valkyrie’s Tron and Zilliqa trusts, as well as several trusts that have not yet been launched. The Zilliqa…
[ad_1] The German government has depleted most of its Bitcoin holdings after an extended period of selloffs that left crypto investors reeling under selling pressure. The origin of these assets can be traced back to 2013 through the proceeds of the operations of a now-defunct movie content piracy website called Movie2K. Reports came out in mid-January 2024 that the Saxony State Criminal Police Office seized 50,000 BTC from one of the website’s operators as part of criminal investigations directed towards Movie2K. At the time of Movie2K’s operations in 2013, these assets were collectively worth less than $50 million. However, Bitcoin…
[ad_1] Cryptocurrency has emerged as a critical battleground issue in the 2024 presidential election, with both President Joe Biden and former President Donald Trump vying for the support of the crypto community. Recent events highlight the growing importance of digital assets in political discourse and policy-making. Crypto Roundtable in Washington D.C. On Wednesday, Democratic Representative Ro Khanna from California hosted a significant crypto roundtable at the Willard Hotel in Washington, D.C. The event featured notable attendees, including Senator Kirsten Gillibrand, businessman Mark Cuban, Ripple CEO Brad Garlinghouse, and Coinbase’s Chief Legal Officer Paul Grewal, along with a senior assistant to…
[ad_1] According to a study released by CoinWire, the global cryptocurrency trading volume will see a notable increase, boosting it to over $108 trillion before the end of 2024. This figure is almost 90% higher than the trading volumes seen in 2022, signaling that a major potential increase in crypto transactions worldwide is on the horizon. According to CoinWire, the study was compiled by gathering a list of centralized exchanges (CEX) on Coingecko with trust scores greater than 6. CoinWire also disclosed that it collected other data such as “web traffic by country of every CEX, peak trading timezone of…
[ad_1] A key indicator that predated a 400% altcoin rally is once again flashing bullish, according to the co-founders of market intelligence firm Glassnode. In a new thread, Glassnode co-founders Jan Happel and Yann Allemann – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that investors are shifting their funds over to riskier assets. Happel and Allemann came to this conclusion after the Nasdaq declined by 2% while the iShares Russell 2000 ETF (IWM) rose 3% – a similar move that preceded 2020’s 400% altcoin rally. “Rotation coming? Yesterday, we saw…
[ad_1] Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market. Market Expert Predicts 32% Crash In Stock Market Berezin mentioned in an interview that the S&P 500 will decline by 32% and drop to 3,750 by next year. He explained that this downtrend would occur due to a recession in the US, which he predicts could happen at year-end or early 2025. He claimed that the reduction in…
[ad_1] IntroductionAt Coinbits, we’re dedicated to improving the UX of bitcoin so that more people can benefit from it. In our ongoing commitment to transparency and community engagement, we recently made our product roadmap public. Now, we’re excited to share another work product which was made as a part of a Summer of Bitcoin project: Bitcoin Personas.Persona pitfallsCoinbits is a family-run bitcoin-only exchange. We are a small startup with a big vision – to build the first #HybridBanking platform that seamlessly combines bitcoin and fiat financial services.Our team is mostly made up of engineers, but several of us also have…