Retail Bitcoin Interest Grows, But Selling Pressure Looms

• The number of Bitcoin [BTC] retail investors has increased by 4.4% over the past eight months, indicating a positive sign for the decentralization of the Bitcoin network. • The percentage of short-term holders in profit reached 92%, which could increase selling pressure on Bitcoin. • However, the selling pressure is not yet reflected in… Retail Bitcoin Interest Grows, But Selling Pressure Looms weiterlesen

Veröffentlicht am
Kategorisiert in Allgemein

Chainlink (LINK) Popular Again Among Ethereum Whales, Reasons Behind

•Chainlink [LINK] has once again become popular among the Ethereum whales, with LINK being on the list of the cryptos that the top 1000 Ethereum whales were holding. •Last week, there were 8 integrations of three Chainlink services across four different chains, which could be one of the driving forces behind the whales‘ interest in… Chainlink (LINK) Popular Again Among Ethereum Whales, Reasons Behind weiterlesen

Veröffentlicht am
Kategorisiert in Allgemein

Ethereum Returns to Deflationary State, Surges 31% in 2023

• Ethereum’s (ETH) annualized inflation rate has dropped to 0.00002%, making it a deflationary currency for the first time since December 2022. • The daily transaction settlements on the Ethereum network have surpassed $21 billion, significantly higher than the $2.6 billion daily transaction settlements on the Bitcoin network. • The global cryptocurrency market capitalization has… Ethereum Returns to Deflationary State, Surges 31% in 2023 weiterlesen

Veröffentlicht am
Kategorisiert in Allgemein