The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token. Cardano sharks in buying spree Notably, addresses holding between 10,000 and 100,000 ADA, also called “sharks,” have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment. Cardano shark addresses. Source: Santiment Meanwhile, Cardano “whales” that hold between 100,000 and 1 million ADA have stopped selling. Holding a larger amount of ADA makes sharks and whales powerful enough to…
Month: July 2022
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners – Mining Bitcoin News
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining. Tavanir Raises Fines for Illegal Cryptocurrency Mining The Iran Power Generation, Transmission and Distribution Company (Tavanir) has adopted new, more severe measures to prevent crypto mining outside the law. The utility’s spokesman Mostafa Rajabi Mashhadi announced that fines for illegal activities in the sector have been increased by 400%. Quoted by the English-language Iranian…
A recovery period for digital assets
When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to recover the losses increases out of proportion. If I invest $100 and lose 10%, I end up with $90 (whether I keep the investment or liquidate it). So, to get back to $100, which returns do I have to make? I have to make 11% because, with a base…
Technical Analysis for Cryptocurrency Tutorial (Crypto Charts for Beginners)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Technical analysis for cryptocurrency – crypto technical analysis to trade crypto. Crypto candlestick charts, how to trade crypto with technical analysis for cryptocurrency. Crypto technical analysis course for beginners to get up and running with crypto. Trade on Binance: Best coin analysis tool: Celsius Wallet $40 Bonus (use code 1530957b9a): Trezor hardware wallet: Use VPN to protect yourself: FOLLOW ME: Instagram • Twitter • I DON’T HAVE MoneyZG TELEGRAM OR WHATSAPP TIMESTAMPS: 0:00 Intro 0:36 How to use candlestick charts with cryptocurrency…
Play-to-Earn vs. Move-to-Earn explained
Examples of move-to-earn games are STEPN, Sweatcoin and MetaGym. As the move-to-earn industry is getting bigger and hotter, it’s time to make you familiar with some of the M2E games. The most well-known example of M2E is probably the Solana-based move-to-earn project STEPN (GMT). STEPN is a Web3 lifestyle app with integrated SocialFi and GameFi functions. The project is born to make users healthier and wealthier by putting each foot in front of the other. Founders are really aiming to be the number one M2E project in the Metaverse space…
NFTs become physical experiences as brands offer in-store minting
Nonfungible tokens (NFTs) have taken the world by storm over the last year. Digital collectibles that were characterized solely as CryptoKitties in 2017 have since evolved into famous pieces of art, digitized music, high-end fashion for the Metaverse and a way for communities to connect with others across the globe. Even with the current crypto bear market, recent findings from the research firm Security.org found that NFT ownership has doubled over the last year, rising from an estimated 4.6 million people to 9.3 million people. The report also discovered that…
ATOM, DOT Hover Below Key Resistance Levels on Saturday – Market Updates Bitcoin News
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After almost ten consecutive sessions of higher highs, ATOM was consolidating to start the weekend, as traders seemingly secured gains. The token rose to an intraday top of $9.34 to start the weekend, as bulls continue to move towards the $10 mark. Saturday’s moves comes…
When Will Crypto Recover? Solana SOL Price Prediction | Cryptocurrency News Live
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io When Will Crypto Recover? Solana SOL Price Prediction | Cryptocurrency News Live. What will stop the market from going lower? Are stocks right about future Fed policy. How Mehdi is Allocating his portfolio (Not Financial Advice): ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Token Metrics Apparel: Crypto Investing Guide Audiobook: Crypto Investing Guide on Amazon: Sign up for Token Metrics at Sign up for our Weekly Newsletter at ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Podcast: Blog: Follow us: Telegram Alerts Channel: Telegram Discussion Group: Twitter: Instagram: ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Token Metrics Media LLC does not…
BTC, ETH Consolidate on Saturday, Following Recent Gains – Market Updates Bitcoin News
Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. Bitcoin BTC was trading marginally in the green on Saturday, as prices of the token rose above $22,000 earlier in today’s session. Following a low of $21,257.45 on Friday, BTC/USD rose to an intraday peak of $22,010.64 to start the weekend. The move saw bitcoin again attempt to break out of its resistance…
Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.” Timmer: “In other words, Bitcoin is cheap” While fears that crypto markets could suffer further drawdowns this year remain, some believe that current Bitcoin price levels offer the kind of value for money not seen in years. Analyzing the BTC price versus the number…