According to recent statistics, only about 7% of the circulating ETH is currently being held in cryptocurrency exchanges. This represents a notable decrease throughout the past few years. Data also reveals how storage was redistributed among the various exchanges over the same period.Ethereum Exchange Storage DecreasesPopular cryptocurrency monitoring resource TokenAnalyst has presented exciting information from the last four years. Within this period, the whole cryptocurrency community...
Read More »Analyst Who Called Bitcoin Price Plunge Cools Sub-$5000 Fears
Bitcoin price could drop to $6,000s says Dave the Wave. BTC is set for its worst month in 2019. The cryptocurrency’s recovery was rejected at $7,400. The bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. Technical analyst Dave the Wave, who accurately predicted the bitcoin price to drop to $6,800 since early 2019, said: A closer look of the comparison. On the basis of this chart, while...
Read More »Bitcoin Price Analysis: BTC Attempting Key Upside Break
Bitcoin price started an upside correction from the $6,515 low against the US Dollar.The price is currently trading near the main $7,240 and $7,370 resistance levels.There is a major bearish trend line forming with resistance near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to struggle near the $7,240, $7,370 and $7,515 resistance levels.Bitcoin price is approaching a major breakout resistance near $7,370 against the US Dollar. BTC could either...
Read More »#759 Türkei Schlüsselrolle Blockchain, Mall Betreiber Bitcoin ATM Kooperation & Gewinner Dezentrales Geld
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 759. Heute sprechen wir über folgende Themen: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungen, Größter amerikanischer Mall-Betreiber stellt Bitcoin-Geldautomaten auf & Gewinner Buch Dezentrales Geld. 1.) Binance CEO: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungenhttps://cryptomonday.de/binance-ceo-tuerkei-mit-schluesselrolle-fuer-blockchain-und-kryptowaehrungen/ 2.) Größter...
Read More »Could Crypto Whales and Their Very Small Fees Have Led to BTC’s Recent Fall?
Crypto whales seem to do very bad things for the industry, but sometimes, a bit of good can emerge.Whales: Sometimes, They Do What’s “Right”Whales are individuals that store large amounts of crypto in single places. When they move any of that money, the transaction is so large that it’s likely to bear effects on the marketplace. In the past, cryptocurrency whales have moved heavy sums, often resulting in serious drops in crypto prices.As of late, bitcoin has lost more than $2,000 from its...
Read More »Bitcoin Is Up More YTD Than Gold Is in Last Decade: Pomp
Bitcoin maximalist Anthony Pompliano claims he will never bail out of his long positions. Gold cheerleader Peter Schiff likens this to a Titanic captain – loyal but misguided. Even with its recent price plunge, bitcoin is still massively outperforming gold. At What Point Will Bitcoin Maximalists Capitulate? Peter Schiff never passes up a good opportunity to roast bitcoiners. The flagship cryptocurrency’s unexpected decline in the second half of this year has not gone unnoticed...
Read More »Marketing Exec Daniel Blieden Used His Company’s Funds to Buy Crypto for Gambling
Daniel Blieden – a Cincinnati-based marketing executive – has pled guilty to embezzling more than $22 million in company funds to purchase cryptocurrency for online gambling ventures.Blieden Faces a Lengthy Prison TermBlieden was facing charges of both wire fraud and “aggravated identity theft.” The company he worked for was called Style Haul, in which he served as the vice president of accounting and finance. The company focused primarily on fashion media, lifestyle and beauty products. The...
Read More »CEO of $250 Billion Investment Fund Unwittingly Linked To A Bitcoin Scam
The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...
Read More »CEO of $230 Billion Investment Fund Unwittingly Linked To A Bitcoin Scam
The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...
Read More »Crypto Security Technology Mimble Wimble May Not Be as Strong as We Thought
A privacy-based technology known as Mimble Wimble has been integrated into various privacy tokens since last January. The trouble is, it may not be as private as people originally thought.Mimble Wimble Isn’t Doing Enough to Keep Your Identity a SecretA new study shows that the first privacy coins to implement the technology are ones referred to as Grin and Beam, both of which are very new and are hardly being used at all at press time. This could be why the technology is so easily...
Read More »