Leading Crypto Exchange MEXC Signs Strategic Partnership Agreement With Metacade
admin2023-02-23T07:23:40+00:00London, United Kingdom, 23rd February, 2023, Chainwire Metacade has signed a strategic partnership agreement with MEXC, one of the world’s leading cryptocurrency exchanges. This follows the news that Metacade will list on Bitmart at the end of their presale. Founded in 2018, MEXC (also known as MEXC Global) is a rapidly-growing cryptocurrency...
Bitcoin [BTC]: The two metrics that are crucial to your holdings this week
admin2023-02-20T12:30:59+00:00As per an analyst, BTC’s LTH SOPR had been trending below one since late May 2022. Mining activity on the BTC network was significantly impacted by the king coin’s price. On-chain assessment of the leading coin’s performance revealed that the year-to-date (YTD) rally in Bitcoin’s [BTC] price has caused its long-term spent Output Profit Ratio (LTH SOPR) metric to grow. According to Glassnode Academy, the SOPR metric is used to understand the overall market sentiment and analyze profitability and losses incurred during...
JPEX Exchange Upgrades Website Features and Launches A Capital Reserve Certification Mechanism –
admin2023-02-17T02:00:52+00:00Despite the ongoing bear market, the JPEX exchange continues to expand its territories of operations, and constantly upgrades and optimizes its website functions so that desktop and mobile users can enjoy better technological resources. To ensure that clients' funds are safe, JPEX followed in the footsteps of other mainstream cryptocurrency exchanges by providing PROOF OF CAPITAL RESERVES to allay the fears of traders that the platform will not head in the direction of bankrupt exchange FTX. The On-Chain Data on JPEXs official website shows...
“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken
admin2023-02-10T16:14:22+00:00
Key Takeaways
The SEC is forcing Kraken to shut down its staking services in the United States, claiming the platform failed to properly register the program. SEC Commissioner Hester Peirce disagrees with the decision. She argued that Kraken wouldn’t have been able to register its products with the SEC even if it had wanted to.Share this article
SEC Chair Gary Gensler’s latest move—forcing Kraken to shut down its staking services—is being met with criticism from within the agency itself.The SEC Is to Blame
Not...
Dormant Bitcoin Wallet Sells 412 BTC After 11 Years
admin2023-02-08T12:47:05+00:00A dormant Bitcoin wallet address transferred about 412 BTC worth 9.6 million today. The dormant wallet was inactive for nearly 11 years and made a massive profit on Bitcoin purchased in 2012. While the reason behind Bitcoin selloff by a dormant wallet address can be justified, Bitcoin selloff by dormant wallet addresses is generally considered a bearish indicator of Bitcoin price.
Dormant Bitcoin Wallet Makes 200,000% Profit
PeckShieldAlert in a tweet on February 8 revealed that a dormant...
Hardware Wallet vs. Software Wallet: What is the Difference?
admin2023-02-08T08:57:51+00:00To make the decision easier, this comprehensive guide will cover the differences between hardware and software wallets, their pros and cons, and provide tips on how to choose one that best suits your needs.
Hardware vs Software Wallet
One of the biggest differences between hardware and software wallets is the level of security they provide. Hardware wallets are physical devices, such as USBs or cards that store your cryptocurrency offline. This offers maximum protection against cyber criminals, as it’s not exposed to...
Crypto’s Global Hubs: Recap Reveals the World’s Most “Crypto-Ready” Cities
admin2023-02-05T08:20:01+00:00UK-based crypto taxation start-up Recap has revealed its findings on the ‘crypto-readiness’ of the world’s most populated cities. Their research evaluated eight key data points, namely quality of life, crypto-specific events, the number of people working in crypto-related jobs, the number of crypto companies, R&D spend as a...
The year is 2043; What is XRP’s ODL show like?
admin2023-02-02T12:30:38+00:00Ripple’s ODL product reaches new heights but sees a decline in sales. XRP’s price and weighted sentiment metric surge, but growing short positions raise concerns. Ripple‘s On Demand Liquidity (ODL) product has been making headlines as the firm reported sales of over $200 million in Q4 of 2022. The firm Ripple continued its European expansion […] Source link
Bitcoin Price Nears $24,000 Mark –
admin2023-01-30T06:18:04+00:00Leading the 2023 rally of the cryptocurrency market is Bitcoin, the touted king of crypto. As of writing, BTC is changing hands at $23,742 which enabled the alpha coins regain its August 2022 support level which is at $22,722. This made crypto Twitter abuzz with enjoyment as analysts went full bullish on BTC with some setting ridiculous targets like $1.3 million by the end of the year. However, there are analysts which...