Bitcoin Whales On Chain Activity Diminishes What It Means For Btc

In this line, Bitcoin’s on-chain whale activity has slowed down in recent weeks as the BTC price consolidates around the $20,000 level. In particular, as of October 23, Bitcoin whale transactions involving 100 BTC stood at 106, representing a drop of about 86% from the 813 transactions registered on July 25, according to DataPool data. Implication of dropping whale transactions It is worth noting that most Bitcoin whale transactions are usually responsible for sudden price swings in the crypto space....

December 30, 2022 · 2 min · 351 words · John Rodriguez

Bitcoin Will See Some Bullish Momentum If It Breaks This Resistance Area

According to one of these analyses, Bitcoin can expect “some bullish momentum,” as long as it breaks the resistance area of $20,100 – $20,340, the crypto consultancy platform Eight Global stated in a tweet on October 3. The consultancy platform also noted that: According to the chart posted by Eight Global, support can be found “in the green area” around $18,565 – $18,800. Other Bitcoin trends Meanwhile, Bitcoin’s supply on exchanges has fallen to a four-year low, which indicates that more market participants are willing to buy the cryptocurrency rather than to sell it....

December 30, 2022 · 2 min · 292 words · Patricia Perez

Blow To Uk Crypto Exchanges As New Law Prohibits Tax Returns Claims

The exchanges do not qualify for an exemption granted to financial marketplaces because the HMRC doesn’t recognize digital assets as financial instruments,” The Telegraph reports. The latest tax blow to the exchanges follows the update to the guidelines by the HMRC that stressed that there are many crypto assets with varied attributes. HMRC added that since cryptocurrencies like Bitcoin don’t represent money or financial contracts, consequently, exchanges will not benefit from the exemption accorded to online financial markets....

December 30, 2022 · 2 min · 243 words · Jackie Porter

Boeing Injects 450 Million Into An Electric Air Taxi Startup Wisk Aero Finbold

In a press statement, the company noted that the funding would be primarily utilized to develop Wisk’s 6th generation eVTOL aircraft. Notably, the model is the company’s first candidate for certification of an autonomous, all-electric, passenger-carrying aircraft in the United States. Furthermore, the funding will be utilized towards helping the company enter the commercial phase of its products. According to Boeing Chief Technique Officer Marc Allen, the funding reaffirms the company’s trust in Wisk....

December 30, 2022 · 1 min · 195 words · Daisy Caudle

Can Ethereum Reach 2 000 By The End Of August Here S What The Crypto Community Expects

After reclaiming the $1 trillion market capitalization level, the cryptocurrency sector seems to be bouncing back, driven primarily by its major representatives such as Ethereum (ETH) which has surpassed the $1,700 price mark, leading investors to speculate on its movements in the near future. Indeed, the crypto community voices at CoinMarketCap have made bullish predictions on the price of ETH by August 31, 2022, using the website’s ‘Price Estimates’ feature that allows them to state their opinions on where they believe a digital asset’s price will be at the end of several upcoming months....

December 30, 2022 · 2 min · 424 words · Robin Spindler

Cardano Adds 50 000 Wallets In January As 4 5 Billion Floods Ada S Market Cap

By GitHub notable commits during the last month, Cardano has emerged as the third most developed blockchains. This is due in large part to the introduction of the first smart contract written in a Pythonic programming language, as well as the addition of new features to the Plutus smart contracts. At the same time Cardano has added over 50,000 wallets since the turn of the year with 3,842,867 on January 1 and 3,894,735 wallets recorded as of January 25 for a total of 51,868 wallets as data from Cardano Blockchain Insights shows....

December 30, 2022 · 2 min · 281 words · Kevin King

Cardano Launches A New Peer To Peer P2P Testnet To Increase Decentralization

In a blog post, Cardano developer Input-Output noted that the new testnet is working with a small group of pool operators to test the functionalities. The company stated that there are about 3,000 stake pools run by operators (SPOs) managing the distributed nodes that power the network. The pool operators would configure their nodes for direct interaction with each other ahead of full integration. The nodes require reliable communication with each other, which influenced the launch of the P2P capability....

December 30, 2022 · 2 min · 239 words · Timothy Box

Cardano Tops Poll As The Most Held Crypto In A Bear Market

It is worth mentioning that this interest has been brought to light in a number of different ways, the most recent being that the asset came out top of a recent poll titled ‘which crypto are you holding the most in a bear market?’ In particular, the poll conducted by London Real on June 7 through Twitter found that Cardano was overwhelmingly the most popular cryptocurrency to hold during a bear market out of 8,861 votes, with 77% of voters selecting ADA....

December 30, 2022 · 2 min · 308 words · Georgia Robinson

Celsius Network Enables Cardano Borrowing And Yield Farming This Month

In a Twitter post, Alex Mashinsky, CEO of digital asset lending business Celsius Network, stated that users would “be able to take a 1% APR loan using ADA as collateral on the same day”. Furthermore, users will be granted a yield rate of 4.05% as the platform capitalizes on the rising popularity of ADA, with Cardano witnessing increased adoption over the last year. Recently, Cardano founder Charles Hoskinson confirmed in a live stream update users can “run smart contracts the moment hard fork comes on” in relation to the new “Alonzo” hard fork....

December 30, 2022 · 2 min · 350 words · William Thomas

Chiliz Chz Price Levels To Watch Ahead Of The World Cup

Currently, the CHZ token is trading at $0.253, up 10.5% in the last 24 hours and up by 8.86% in the previous seven days, according to CoinMarketCap data retrieved by Finbold on November 18. The total market worth of Chiliz is $1.51 billion adding over 160 million to its market worth in 24 hours from $1.35 billion. What’s more, the CHZ token leads the top 100 cryptocurrencies by market cap in terms of gains, with Stacks (STX) in second place and Litecoin (LTC) in third, respectively....

December 30, 2022 · 2 min · 403 words · Virginia Gendreau

Chiliz Chz Price Prediction For December 31 2022

Chiliz (CHZ), in particular, has seen a boost in popularity as a direct consequence of the increasing demand for fan tokens caused by supporters’ preparations for the FIFA World Cup 2022. In particular, the number of votes cast by CoinMarketCap members using the platform’s Price Estimate feature demonstrates the belief of the crypto community that Chiliz would be trading at a median price of $0.2035 on December 31, 2022, according to the data retrieved on November 11....

December 30, 2022 · 2 min · 409 words · John Sallee

Chingari India S Tiktok Receives 13M Investment And Backing From Bollywood Royalty

The social media start-up serves as India’s homegrown short-form video app; progressing onwards from the raise, the company is set to scale as a steady disruptor to its Chinese equivalent – TikTok. Supported by Bollywood royalty Salman Khan, the raise has garnered international support, with key backers JPIN VCATS and their UK family offices’ network oversubscribing the round to $1.2 million. The company states that the investment will allow Chingari to accelerate its growth from 56 million users to over 100 million users....

December 30, 2022 · 1 min · 213 words · Mary Hunt

Coinbase Fees Explained How Much It Costs To Trade Crypto

In this guide, we are focusing on Coinbase fees. We will consider the fees charged when using Coinbase’s most popular products so you can discover what to expect from the platform when it comes to costs. What is Coinbase? The renowned U.S. company had over 6.1 million monthly active users in the first quarter of 2021; at present, it handles more than 56 million clients worldwide and more than 1,700 institutions and is considered one of the most accessible platforms to buy and sell bitcoin....

December 30, 2022 · 8 min · 1530 words · Phyllis Johnson

Commodities Market Heats Up What S Next For Copper Gold Gas

Factory activity in China contracted for the second month in a row, reaching its lowest point since February 2020. On the other hand, this has spurred the Chinese government to pledge more stimulus which should spur investment and consumption. Notable market analysts weighed in on the state of more risky commodities, one such Mike McGlone, Senior Commodity Strategist on Bloomberg Intelligence Gold in a downward trend Likewise, gold held below $1,880 capping the third consecutive week of losses being pressured by a rebound in dollar performance in FX markets....

December 30, 2022 · 2 min · 334 words · Gregory Thomas

Crypto Miner Cathedra Bitcoin Cbit Cuts Payroll By 60 As Crypto Winter Bites

The firm has since slashed its payroll by over 60% within the last two months as a means to cut operational costs amid the prevailing depressed markets, Cathedra Bitcoin said in a press statement on November 14. Some of the measures adopted by the company entail implementing lay-offs and salary reductions, canceling real estate leases, and cutting out other general and administrative costs. Positive cash flow However, the company stated that its existing Bitcoin mining operations in five locations are returning positive operating cash flow....

December 30, 2022 · 2 min · 231 words · Kimberly Webster

Crypto Payments Volume In Ecommerce Climbs Over 60 In 2022 Coingate Report

Indeed, CoinGate, a cryptocurrency payment processor, discovered in its research report published on January 4 that, despite the “crypto winter,” the use of cryptocurrencies for online transactions in 2022 is increasing. The research indicates that in 2022, merchants using CoinGate have received 927,294 crypto payments, which is around 2.7 times higher than the annual average and represents a 63% increase from 2021. The figure is equivalent to CoinGate processing one paid cryptocurrency order every 34 seconds....

December 30, 2022 · 2 min · 327 words · Elaine Win

Cybersecurity Startup Snyk Raises 150 Million Investment Led By Stripe Finbold

Software is increasingly becoming an integral component of business for many organizations. These developments now push many firms to become tech companies. However, creating software carries liabilities, including opening the firms to digital breaches or attacks. The stakes may not be too high, but companies need to ensure that their software is secure. Hence, Snyk aims to guarantee software is safe right from its launch. It has created tools to discover and fix vulnerabilities at the developer level....

December 30, 2022 · 1 min · 183 words · Peggy Mills

December Outlook For Natural Gas Brace For A Market Reversal As The Year Ends

We have previously written about the possibility of natgas being crushed if the winter stays warmer than average because the high prices were based on a “perceived” shortage of gas rather than fundamentals. Nevertheless, now we have a very different price and we need to look to see if natgas is on its last legs or will it take time to consolidate and bounce back. A quick technical analysis of natural gas prices indicates that the current price level is susceptible to an additional round of beating....

December 30, 2022 · 3 min · 539 words · Aaron Freeman

Delete Snapchat Messages The Other Person Saved

Snapchat’s messages are supposed to vanish after a few seconds; thus, they don’t if messages are saved. But you don’t like these saved messages and probably wonder how to delete these messages. We’re here to save the day and show you how to delete saved Snapchat messages. Unfortunately, with newer versions of Snapchat, you can not delete messages saved by others. But you definitely can show this guide and ask them to delete saved messages....

December 30, 2022 · 4 min · 836 words · Christopher Heath

Does Discord Notify When You Close A Dm

If you use Discord regularly, you’ve likely accumulated several direct messages. Unfortunately, when messages pile up, it can leave you with limited access to the most important as they are pushed to the bottom of the list. This makes it necessary to close some DMs. This raises another question – does Discord notify them when I close a DM? Read on to learn more about closing a DM on Discord and how to retrieve DMs you close accidentally....

December 30, 2022 · 3 min · 506 words · Carol Payne