Bookmarking Crypto Insights
Several key performance indicators are also growth drivers in cryptocurrency. The strange thing, however, is that when it comes to crypto coins, these growth drivers can be very unique for each coin. For example, Bitcoin’s growth driver was that it was the first cryptocurrency ever, and Solana’s driver was that it was more affordable than … Read more
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath recently revealed that some nations are reconsidering their reliance on the U.S. dollar. Gopinath explained that this originated in the recent shocks from the coronavirus pandemic, the geopolitical situation with Russia, and national security concerns. IMF Executive: Nations Examining Reliance on U.S. Dollar … Read more
Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments. Go to Source
International consultancy firm Forensic Risk Alliance will reportedly closely oversee all compliance activities of cryptocurrency exchange Binance for the next three years. Go to Source
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue … Read more
Pendle token (PENDLE) experienced a further decline of 5% in its value today, adding to recent losses in its price. Amidst this downturn, on-chain reports from Lookonchain shed light on trading activity associated with the token, revealing insights into recent transactions and holder behavior. According to the data, a wallet linked to Arca was observed … Read more
Render token (RNDR) continues its impressive bullish momentum, gaining an additional 7% today and achieving a remarkable 38% surge over the past 7 days. The sustained uptrend in RNDR’s value is attracting significant attention from investors and market observers. Amidst this increasing surge in value, wallet 0x537, which is linked to Render Network, has been … Read more
The current landscape of the crypto market reveals an interesting divergence from traditional markets and commodities, with the 30-day correlation of Bitcoin (BTC) and Ethereum (ETH) hovering close to 0. This suggests that the crypto market is charting its own course, independent of broader financial trends. The 30-day correlation of BTC & ETH with traditional … Read more
As Bitcoin continues its tight range between $61,000 and $64,000, significant movements have been observed among large whale wallets in the past 24 hours. These wallets, holding between 1,000 and 10,000 BTC each, have collectively accumulated approximately $941 million worth of coins. 🐳 As #Bitcoin ranges tightly between $61K and $64K, large whales have made … Read more
The United States SEC argues that “having made the weather, Coinbase cannot claim that it is now raining.” Go to Source