Based on information from Chainalysis, mentioned in a recent Fortune report, approximately 1.8 million Bitcoins, equivalent to around $121 billion, are held in wallets that haven’t been used for over 10 years. Dormant coins account for 8.5% of Bitcoin’s 19.7 million circulating supply. Approximately 1.5 million cryptocurrencies are estimated to be permanently lost according to … Read more
Recently, American stockbroker Peter Schiff has criticized Bitcoin once again. He predicts that Bitcoin’s psychologically significant support level of $60,000 won’t withstand the pressure. Peter Schiff Pitches Gold Above BTC A Bitcoin skeptic kicked off his article by hypothesizing that gold’s decline has ended. The precious metal is presently priced around $2,300, but for Schiff, … Read more
Square’s innovative service, Square (SQ), now enables its merchants to convert a certain percentage of their daily transactions into Bitcoin. The financial tech company behind Cash App and other solutions made this announcement, introducing a new feature that allows businesses using Square’s tools to easily invest in Bitcoin with their sales revenue. Block’s Sales to … Read more
A cryptocurrency expert has revealed that Dogecoin, the well-known meme coin with a dog theme, may surpass Bitcoin in performance based on a bullish technical signal according to their analysis. Dogecoin Shows Signs Of A Bullish Breakout In a recent update on his X account (previously Twitter), crypto expert Kevin expressed confidence that Dogecoin’s current … Read more
Recently, the cryptocurrency community has been buzzing about MEMEAI, a new coin inspired by Elon Musk’s tweets and created by meme coin enthusiasts. With cryptocurrencies starting to bounce back, meme coins like MEMEAI have been quick to respond and reach new highs once again in this market resurgence. So, in this blog, let us discuss … Read more
During a talk about Ripple‘s possible initial public offering (IPO), Ripple’s CTO, David Schwartz, raised the topic of the difference in liquidity between Ripple company shares and XRP tokens. This comment piqued the interest of cryptocurrency enthusiasts. Schwartz expressed his belief that XRP has greater liquidity than private corporation shares, a notion often debated. In … Read more
Bill Morgan, a lawyer supporting Ripple, contradicted Judge Torres’ view on ODL transactions in the ongoing dispute between Ripple and the SEC. On April 24th, Morgan stressed that the judge’s interpretation shows a potential lack of comprehension about the distinct role and operation of ODL within cryptocurrency markets as a whole. The Judge, despite her … Read more
Robinhood, a well-known online brokerage that supports cryptocurrencies, has declared that New York State residents can now trade Shiba Inu (SHIB), the second most popular meme digital currency, on their platform. In addition, Avalanche (AVAX) and Compound (COMP) are also supported in the state. According to U.Today’s report, SHIB and COMP were first made available … Read more
Strike, a Bitcoin (BTC) payment platform, has made public its plans to broaden its user base in Europe, aiming to boost cryptocurrency usage. According to a recent announcement, eligible European customers can now access the expanded services. For Europeans, Strike offers a complete solution to bring in new users to the Bitcoin marketplace. As stated … Read more
The growth of the cryptocurrency market has not lasted long, according to CoinMarketCap. DOGE/USD The rate of DOGE has declined by 3.41% over the last 24 hours. Hourly chart indication: The Dogecoin price has been decreasing since breaking through its previous support of $0.1605. If the daily closing price stays near its current value, the … Read more