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Tag Archives: AA News

Retail Interest in Ethereum Skyrockets as Small ETH Addresses on the Rise

The interest in Ethereum from retail investors has skyrocketed in the past few weeks. Apart from the Google searches reaching all-time high levels beyond the 2017/2018 craze, the number of wallet addresses with relatively small ETH portions has seen new records as well.Google Trends Sees ATH For Ethereum SearchesGoogle trends data is typically a good indicator of the behavior of retail investors, especially when it comes down to less-known investment assets, such as the crypto field. The...

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Chainlink Price Surges to All-Time High on Continuous DeFi Growth

Prices for Chainlink’s LINK token have skyrocketed over 19% in the past 24 hours propelling it to a new all-time high. From an intraday low of just below $20, LINK has surged to reach its highest ever price of $23.60 according to Tradingview.com.Chart – Tradingview.com@chainlink has solved the biggest challenge for the implementation of smart contracts – connecting blockchains to real world data. $LINK price is $23.55 $USD – 24hr volume of $2.52 Billion $USD. $LINK is up 17.20% in 24 hours....

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Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020. Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge.2020: Best Price PerformersCoinGecko’s report noted that the market caps of the top 30 cryptocurrency assets grew by $552 billion (308%) in 2020. Thus, last year’s results have...

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Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

The world’s leading cryptocurrency exchange token by means of market capitalization, Binance Coin, is approaching its ATH. This happens hours before the company goes on with its 14th scheduled BNB token burn.BNB Price Eyes ATHBinance Coin is the world’s leading cryptocurrency exchange token. Over the past 12 hours, BNB saw an impressive increase in its dollar value. It went from a low of about $40.9 to a high of $45 for total intraday gains of 10%.Interestingly enough, the coin also came...

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65% Say They Would Consider Selling Bitcoin If The Price Reaches $100,000

The cryptocurrency market has enjoyed the past several months with impressive gains, including all-time highs for bitcoin and several more tokens.As such, a couple of crypto analysts initiated Twitter polls to ask the community when they plan to sell their positions and realize profits.How Much Would You Sell At The Next BTC TopThe primary cryptocurrency has led the 2020/2021 bull run. Bitcoin had quadrupled its value since early October when it dabbled with the $10,000 mark to an all-time...

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China’s Blockchain Attempt BSN to Reportedly Integrate CBDCs This Year

China is preparing a consequent major take on blockchain adoption. The country is developing a new project aimed at integrating international central bank digital currencies (CBDC) as a part of their recent blockchain endeavor, the BSN.Building a Universal Digital Payment Network as part of 2021 OutlookThe country’s national blockchain project, Blockchain Service Network (BSN), has featured another task on its way to adopting blockchain network and more standardized forms of digital currency...

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Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part.$3.3B Invested In Grayscale In Q4 2020Despite the challenges that 2020 brought to the financial markets, or perhaps because of them, Grayscale marked its best year to date with massive allocations, primarily from...

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Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining

Mike Novogratz’s Galaxy is planning a significant leap into the Bitcoin mining sector. Galaxy Digital Mining will be the designated new fraction of the investment company. The upcoming project will reportedly focus on establishing a new business body aimed at providing financial services for miners.Delivering Financial Services to MinersAccording to an official press release, the Galaxy Digital Mining project will be launching in 2021. The new company will connect with already existing...

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Kraken Halts XRP Trading For US Users Following The SEC Charges

The San Francisco-based veteran crypto exchange Kraken is the latest platform announcing plans to halt Ripple (XRP) trading starting at the end of January. The decision will affect only US-based citizens, while all services will remain operating as intended for customers located outside of the country.Starting on January 29th at 5 pm PT (or January 30th at 1:00 UTC), Kraken will suspend XRP trading for users based in the United States. The near 10-year-old exchange said that residents need to...

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The Good Ol’ Fake Crypto Giveaway Scam Still Generates Over $500K a Week, Report

It seems that the old crypto giveaway scams are not as old and outdated as we though. People are still falling in 2021, feeding the scammers with large amounts of money.As hard as it may seem, there are still plenty of people who think Elon Musk is going to give them money if they send him Bitcoin (Spoiler Alert: He won’t, no matter how rich he is), and the gambit has been revived in the last few days, attracting unwary people non-stop.Bleeping Computer and Metamask estimated that in about...

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