Research: BTC, ETH address momentum shows significant divergence
Research: BTC, ETH address momentum shows significant divergenceThe new address momentum metrics indicate a sturdy network growth for BTC while showing an opposite sentiment for the ETH network.
Happy Thursday!The global crypto market cap is $1.05 trillion with a 24-hour volume of $67.08 billion. The price of Bitcoin is $22,501.02 and BTC market dominance is 41.3%. The price of Ethereum is $1,620.26 and ETH market dominance is 18.9%. The best performing cryptoasset sector is Oracle, which gained 5%.
Latest NewsResearch: BTC, ETH address momentum shows significant divergence
The new address momentum metrics indicate a sturdy network growth for BTC while showing an opposite sentiment for the ETH network. UK’s most violent prisoner Charles Salvador ‘Bronson’ set to release NFT collectionThe controversial 10,000 piece collection is scheduled for a Feb. 12 release on OpenSea. NEO price breaks out, posting 25 week high to $10.70NEO outperforms Bitcoin off the back of news the project is moving into Web3 gaming in a big way. Bitfarms pay off $21M debt with one-time cash payment of $7.75MThe loan repayment freed up over 6000 Bitcoin mining machines Bitfarm had used as collateral. World Mobile team contains social media hack incidentWorld Mobile social media channels were hacked leading to unauthorized, malicious posts. Russian government gives green light to crypto mining operation in SiberiaThe $12 million planned facility will include 30,000 dedicated crypto mining rigs. Umami Finance token crashes by over 50% as CEO dumps holdingsSeveral members of the Umami team resigned in a move designed to push the project "back towards decentralization and a DAO structure," according to Discord messages seen by CryptoSlate. MetaMask set to launch Onramp.money integrationThe Onramp.money integration will enable Indian MetaMask users to buy cryptocurrencies directly using their API. LocalBitcoins P2P marketplace to shutter servicesLocalBitcoins is set to suspend all platform functionalities from Feb. 17 onwards — except to allow customers to withdraw their Bitcoins. Tether reports $700M profit for Q4’22Tether said it has an excess reserve of at least $960 million as of Dec. 31. Its total assets stood at $67.04 billion, while its liabilities were $66.08 billion. US authorities allegedly using banks to crack down on crypto – Nic CarterCoinMetrics co-founder Nic Carter said crypto firms are finding it increasingly difficult to obtain access to onshore banking systems due to unfriendly government regulations. CryptoSlate Daily wMarket Update: Polygon shows strength amid wider market downturnThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Key phrases
Older messages
IRS broadens tax requirements for crypto to encompass everyone
Wednesday, February 8, 2023
The IRS said tax and reporting requirements are now mandatory for everyone who received, earned, transferred, or sold cryptocurrencies.
Turkish watchdog stretches rules and allows crypto wallets to collect aid
Tuesday, February 7, 2023
A Turkish singer convinced the country's watchdog to allow three wallets to collect funds, even though the act isn't currently legal in Turkey.
Binance is suspending USD-based bank transfers
Monday, February 6, 2023
Binance said its users' could use all other methods of buying and selling crypto, including bank transfers in other fiat currencies like Euros.
UK looks to launch digital pound by 2030, roadmap to be released soon
Sunday, February 5, 2023
The Bank of England and the Treasury believe that the UK will "likely" need a digital pound amid declining cash usage.
London tops crypto hub rankings with 2nd highest number of crypto companies in the world
Saturday, February 4, 2023
The city of London was praised for having over 800 crypto companies.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 13, 23/03/2023 - 29/03/2023)
Wednesday, March 29, 2023
Polygon follows Matter Labs in deploying ZK-EVM scaling solutions. MakerDAO votes to retain USDC as the primary reserve for DAI. Circle stablecoin USDC to launch on Cosmos.
Are you enjoying blast29 and the latest crypto news?
Wednesday, March 29, 2023
View online How likely are you to share blast29 with your friends? Share the love and earn rewards! Recommend us to your friends and when they sign up, you'll receive exciting prizes such as
⚡ #113: Should you start a paid newsletter?
Wednesday, March 29, 2023
PLUS: 7 paid newsletter growth strategies
Greedy Paws & NFT Project Migrations | Decentralized Arts
Tuesday, March 28, 2023
Dear Bankless Nation, As NFT projects grow, community leads must consider the viability of the spaces in which they operate. Do the platforms they use support the utility they aim to create, the people
ECB president warns central banks could “losing control” without CBDCs
Tuesday, March 28, 2023
Lagarde said Central Banks are like "anchors" to other banks, which mandates them to step into the CBDCs if they want to maintain their role.
QuestGPT Shines During ETHDenver 2023 [P....🙊
Tuesday, March 28, 2023
March 28, 2023 I find the fact that billionaires are quoted as if the fact that they are billionaires gives them some kind of wisdom is outrageous. -Ben Elton Market Bitcoin $26922.00 -3.26% Live
Ethereum L2 zkSync Era mainnet online, What are the ecological projects to follow
Tuesday, March 28, 2023
Author: @0xMavWisdom The day after the Arbitrum airdrop, zkSync, another Layer 2 project jokingly referred to as the Big Four, officially released its V2 network, zkSync Era. Although zkSync officials
Coin Metrics’ State of the Network: Issue 200
Tuesday, March 28, 2023
Bitcoin Mining Data in Q1 2023
Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Monday, March 27, 2023
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
Global Crypto Mining News (Mar 20 to Mar 26)
Monday, March 27, 2023
1. The price of the most efficient bitcoin mining rig has risen by 9% in the past two months. The rise in bitcoin prices comes as miners are finally seeing electricity prices plummet — essentially