A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more […]
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The Puell Multiple and Mayer Multiple have reached the ideal zones for long-term investment gains from Bitcoin. Bitcoin (BTC) is again fueling suggestions that it is preparing for price growth as two more indicators flash bullish. According to fresh data this week, both the Puell Multiple and Mayer Multiple now point to long-term buying opportunities. […]
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According to Messari’s realized cap figures, XRP token holders paid an average of seven times the current price. Most XRP investors are “deeply in the red” according to Messari crypto analyst Ryan Watkins, using realized capitalization as the metric Watkins made the claim in a June 16 tweet saying that “XRP’s aggregate estimated cost basis […]
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The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle. After a week of searches, it appears that the culprit behind at least two of the anomalous high fee transactions on Ether (ETH) was found. As reported by Chinese blockchain analytics company PeckShield […]
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The World Economic Forum has recognized six blockchain companies on its list of 100 Technology Pioneers for 2020. The World Economic Forum (WEF) has recognized six blockchain firms on its list of 100 ‘early to growth-stage’ companies as Technology Pioneers for 2020. According to the WEF’s website, the blockchain and crypto startups recognized for pioneering […]
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A survey by Japanese crypto exchange BitMax shows 25% of traders prefer XRP, compared to only 9% in ETH and 26% BTC. Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey posted to Twitter by Japanese […]
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The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to $20,000. According to Glassnode’s ‘The Week […]
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Worries over a second wave of coronavirus are driving stocks down, with Bitcoin circling three-week price lows. Bitcoin (BTC) is feeling the pressure as a new week’s trading begins — but what will drive market sentiment in the coming days? Cointelegraph’s newsletter gives you five factors influencing the Bitcoin price for the week ahead. Stocks […]
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After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website BitInfoCharts, from May 20 until […]
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Government surveillance may be more rampant in the crypto space than most users realize, says a source familiar with ongoing tactics. On June 5, cryptocurrency exchange Coinbase came under fire for its alleged efforts to sell crypto surveillance services to both the U.S. Drug Enforcement Administration and the Internal Revenue Service. In the days since, […]
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