Tag: Percent

Shiba Inu (SHIB) and Filecoin (FIL) Are Both Up By A Few Percent But The True Winner Is Snowfall Protocol (SNW) With Its Recent 250% Gain!

Cryptocurrencies are on the rise again! Shiba Inu (SHIB) and Filecoin (FIL) are both up by a few percent, but the true winner is Snowfall Protocol (SNW) with its recent 250% gain! Snowfall Protocol (SNW) is a new cryptocurrency that has been making waves in the crypto community, and it looks like it’s here to stay. If you’re looking for a solid investment opportunity, then you should definitely consider investing in Snowfall Protocol (SNW). Why Snowfall Protocol (SNW) Is The True Winner! Snowfall Protocol (SNW) is a cross-chain transfer ecosystem…

Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009 – Mining Bitcoin News

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Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which means another upward difficulty adjustment is likely in the cards. With Bitcoin’s mining difficulty looking as though it will reach another all-time high (ATH), the network’s hashrate has increased exponentially from six million hashes per second to the recent two…

Illicit crypto usage as a percent of total usage has fallen: Report

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Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has long held a reputation in some jurisdictions as a haven for illegal activity. However, CipherTrace estimates that illicit activity was between 0.62% and 0.65% of overall cryptocurrency activity in 2020. The firm reported that it has now fallen to between 0.10% and 0.15% of overall activity in 2021. Source: CipherTrace In its Cryptocurrency Crime and Anti-Money Laundering Report released June…

Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)

The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko. By late October of this year, six of those zeros had gone and Shiba Inu had flippened Dogecoin to become the largest dog-themed token in the world, a top-ten cryptocurrency worth around $47 billion. Despite dropping almost 40% from that all-time high, SHIB still sits…

Would Bitcoin Price Crash If US Bond Yields Rise Above 2 Percent?

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Bitcoin has struggled to capitalize on its recent bull run above $61,000 as traders continue to assess the impact of rising US bond yields on the cryptocurrency market. And now, with markets anticipating further interest rate growth in the 10-year Treasury note, an overvalued BTC/USD exchange rate is clueless about where to head next. The pair has fallen by up to 13.87 percent from its record high of $61,788 (data from Coinbase) in the same period that saw the 10-year note yields achieving their 14-month high of 1.726 percent. The…

Yearn.Finance (YFI) Flies 15% Percent From Local Price Floor

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Yearn.Finance continues to defy all other DeFi tokens and gravity itself with its unstoppable rise to stardom. The crypto token has bounced over 15% from its local bottom, but a fractal playing out could send YFI flying high to another new record. Yearn.Finance Flips Support As Resistance, Readies Another Rally In technical analysis, there isn’t much more significant than a support and resistance flip. When price action passes through support and confirms it as resistance, it is a sign that the range is in the past, and the market wants…

Compound, THORChain, Kava & More Gains Dozens of Percent

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Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer (BAL), Compound (COMP), Kava (KAVA) and THORChain (RUNE) to eventually materialize in Ethereum. Ethereum, after all, is easily the flagship blockchain of the DeFi ecosystem. Related Reading: “Rich Dad Poor Dad” Author: Bitcoin Could Soon…

Germany: Crypto-Friendly Bank Offers Four Percent Annual Interest on Bitcoin (BTC)

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Bitwala, a Berlin-based crypto-friendly bank, has joined forces with Celsius, a leading crypto lending platform, to offer its clients up to four percent annual interest on their Bitcoin (BTC) holdings. With the innovative initiative, Bitwala has become the first-ever traditional bank to offer users interest on their crypto holdings, according to reports on May 14, 2020. Bitwala Bank Gets Even Better  At a time when interest in the world’s flagship cryptocurrency is at a very strong point, with bitcoin enthusiasts anticipating another strong bull run, Bitwala has joined forces with…

Stellar Cryptocurrency’s 190 Percent Rally Could Fizzle; Here’s Why

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Stellar Lumens’ native cryptocurrency, XLM, hit a fresh local high, up more than 190 percent in just one month. The extraordinary price rally lacks concrete market fundamentals and relies more on macro crypto trends. XLM reversed after testing a long-term resistance area, hinting it could extend its pullback move as investors shift their focus on Bitcoin ahead of its mining reward halving. XLM, the native cryptocurrency of Stellar Lumens, rose to $0.0723 early on Tuesday to establish its highest peak since February 25. The gains came as a part of…