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Canadian Institutional ETF Investors Are Taking Bitcoin Demand To Heightened Levels

Institutional investors in Canada are accumulating more and more shares of the recently approved Bitcoin Exchange Traded Fund or ETF, which is creating more demand for Bitcoin. This is according to data released by Glassnode, which shows that the ETF has added nearly 30% of Bitcoin invested in it in less than two months. The […] дальше »

2021-7-5 14:38


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Bitcoin On-Chain Data Shows Possible Undervaluation of BTC Price

A Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on severalRead More дальше »

2021-7-5 14:00


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Bitcoin Is Gearing Up To Pull A “2013 Style” Rally On The Market According To New S2F Data

Plan B, the pseudonymous creator of the Bitcoin stock-to-flow model, has taken to Twitter to present what could be one of the most bullish data to the Bitcoin community. Bitcoin could surge past $200k this year The stock-to-flow model, with which the creator and other Bitcoin proponents have relied on to predict the price of […] дальше »

2021-6-17 21:52


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95% of UK financial advisors don’t like cryptos while US advisors are more open

Practically no independent financial advisor (IFAs) in the UK would recommend their clients buy cryptos and meme stocks, data from a survey of 200 IFAs in the UK by Opinium show. Specifically, 93% of advisors would not recommend their clients buy cryptos while 95% of IFAs would advise against purchasing meme stocks, according to IFA […] The post 95% of UK financial advisors don’t like cryptos while US advisors are more open appeared first on Invezz. дальше »

2021-6-18 20:20


Fed Balance Sheet Hits $8 Trillion for the First Time, US Inflation Sees Biggest Surge in 13 Years

The balance sheet of the Federal Reserve has topped $8 trillion for the first time, according to the weekly data published by the US central bank on its holdings. At $8 trillion, the Fed’s assets have about doubled since it started large-scale purchases in March 2020 to combat the effect of the coronavirus pandemic. дальше »

2021-6-11 16:05


Sovryn Team Puts SOV on Uniswap, Project Crosses $50Mln Mark in TVL

Sovryn, a project aiming to bring decentralized finance (DeFi) to Bitcoin, has surpassed $50 million in total value locked (TVL). According to data tracking site DeFi Llama, the non-custodial, smart contract-based system for bitcoin lending, borrowing, and margin trading has seen an uptick in its TVL from just under $45 mln at the end of […] The post Sovryn Team Puts SOV on Uniswap, Project Crosses Mln Mark in TVL first appeared on BitcoinExchangeGuide. дальше »

2021-6-11 20:49


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


На Kraken поступили 35 000 ETH от Ethereum Foundation перед падением рынка

Организация Ethereum Foundation, курирующая развитие второй крупнейшей криптовалюты, совершила крупный перевод ETH на биржу Kraken, отмечает 8btc. According to on-chain data, at 15:47 on May 17, #Ethereum Foundation address (0xDE0B2) transferred 35,053 #ETH to the address starting at 0x5A70C5 and then to the Kraken at 15:48, which was worth about $115 million at the time. pic.twitter.com/cTQkp5G1AS […] дальше »

2021-5-21 13:44


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SingularityNET Allies with Ocean Protocol As It Prepares to Launch AI-Based DeFi Fund

SingularityDAO, the first DeFi spin-off project of SungularityNET has partnered with leading decentralized data provider Ocean Protocol. SingularityDAO Allies with Ocean Protocol According to an announcement made today, SingularityNET’s first major DeFi offshoot, SingularityDAO has entered into a partnership with Ocean Protocol to tap the latter’s market-leading Ocean data sets. The alliance between the twoRead More дальше »

2021-5-19 15:41


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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged

According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »

2021-5-14 10:00


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Ether (ETH) Continues to Inch Toward $3,000 Amid Rising Institutional Interest

Ether (ETH) rise over $2,700 to record a new ATH. Ether Demand Continues to Grow At the time of writing, ETH is trading at $2,716, according to data from CoinGecko. The world’s second-largest cryptocurrency now commands a market cap of over $314 billion with a 24-hour trading volume of more than $41 billion. While theRead More дальше »

2021-4-28 16:30