Crypto whales are showing there’s a perfect storm brewing for EthereumBTC $8980 (+0.8%) • ETH $205 (-1.5%) • XRP $0.22 (-1.5%)
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Unlike traditional assets, where each transaction is not recorded in a central database shared with the world, Ethereum and other cryptocurrencies are almost entirely transparent. One may not know who made a certain transaction or who owns an address, yet firms and individuals can all gain access to the metadata of every transaction that transpires on these networks. It is a nearly inescapable fact that many have used to their advantage, analyzing the data to get an edge over their fellow investors and users. Adam Cochran, a marketer-turned-angel/venture investor in the cryptocurrency space and an adjunct professor at Conestoga College, confirmed the importance of on-chain data on Apr. 28, when he released an over 100-part Twitter thread of remarks on the behaviors of Ethereum’s top 10,000 holders (by holding size). His conclusion, “all things point up for ETH.” More news ⏬JavaScript creator admits he created a monster, he plans to fix it using Brave (BAT)
With only about 20 percent of its users utilizing its BAT rewards program, the team behind the privacy-centric Brave web browser is set on getting the word about cryptocurrencies to more of its users. Analyst: U.S. dollar may soon “break,” giving Bitcoin potential to pass $100,000
While many Bitcoin investors want the value of the U.S. dollar (USD) to crash more than anything in the world, right now, this is not the case. Researcher: Craig Wright may have plagiarized several parts of his Ph.D. paper
Bitcoin SV proponent Dr. Craig Wright, termed “Faketoshi” for his claims about creating Bitcoin, could soon lose his “Dr.” designation if recent developments are found true and his Ph.D. issuing university takes stern action. Ripple co-founder is selling $400,000 worth of XRP every day
The case against XRP seeing any type of near-term bullishness has grown significantly in recent times due to a confluence of dwindling technical strength and rapidly growing fundamental weakness. Ahead of Bitcoin halving, Stellar (XLM) just broke a major resistance level not seen since 2018
Investors and traders holding Stellar (XLM) may have a reason to rejoice. The payments-based cryptocurrency just broke a significant resistance level and might see a price rise if momentum is sustained. Bitfinex whales are flipping short on Bitcoin as institutions grow more active than ever
Bitcoin’s intense rebound from its mid-March lows of $3,800 has reignited institutional trader’s interest in the market, as seen by BTC’s CME futures open interest setting fresh all-time highs earlier today. What else?👨🏻⚖️ How Cardano will be used to fight counterfeiting 🤒 Analyst: Central banks are making buying Bitcoin’s intrinsic value “common sense” 🎯 BAT developer reveals why the project chose Ethereum over Bitcoin Featured sponsors🎬 ChainFlix - ChainFlix is a revolutionary blockchain-based P2P video streaming platform that allows viewers, content creators, and enhancers to monetize their time, contents, and efforts. In the Chainflix platform, coins are to be mined during the video-viewing process, and all participants in the system (content creators and activators, storage providers, viewers, operation participants and advertisers) are organically connected in a way to ensure user-oriented operation and fair distribution of blockchain-based and PoA algorithm-mined coins among the participants. Learn more ☁️ Bitcoin Wallet - Bitcoin Wallet is a cloud-based mobile and desktop cryptocurrency storage and exchange app with a focus on security, speed and convenience. Bitcoin Wallet allows you to use any coins, tokens and blockchains without any restrictions and limits. Learn more 💳 Crypto.com - Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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