Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according to a new report from blockchain analytics firm Chainalysis.The report states that over 44% of crypto transactions in East Asia are conducted with counter-parties within the region, making it “the closest we have to…

The platform is anticipated to launch in the first quarter of 2022 and will facilitate buying, selling and licensing of metaverse assets. 1097 Total views 17 Total shares MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million.Led by Animoca Brands, MetaMundo’s debut…

Cryptocurrency markets could soon hit lower lows and continue their record bear market, investment and analysis firm Fundstrat Global Advisors warned in an email quoted by Bloomberg on Feb. 6.Writing to traders, one strategist at the firm, Robert Sluymer, forecast that on the basis of current performance, there was a chance Bitcoin (BTC) and altcoin…

Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%.In the latest episode of his Trading Bitcoin YouTube series on March 29, Vays repeated his previous claim that, logically, BTC/USD should bottom at 20% of its 2019 highs — $2,800.Vays on…

Blockchain consensus algorithm and peer-to-peer (P2P) networking protocol Tendermint has raised $9 million in a Series A investment round, according to a blog post published on March 14.Tendermint has raised $9 million in the Series A investment round led by cryptocurrency investment company Paradigm, with contribution from Bain Capital and 1confirmation among other investors.Part of…

Starting in 2013 with a supply limit of 100 billion coins, Dogecoin eventually switched to an uncapped supply. 1487 Total views 9 Total shares The CEO of Ripple, the company behind the XRP cryptocurrency, is not a fan of the meme-based digital currency Dogecoin (DOGE).Brad Garlinghouse believes that DOGE is not good for the cryptocurrency…

The idea underlying digital fashion can be difficult for many to grasp since buying/trying out clothes that only exist in a virtual world can seem quite strange at first. However, with this niche market continuing to gain a lot of traction recently, many experts are beginning to view the idea of the Metaverse reshaping the…

Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for everyone though, as thousands are suddenly experiencing thewoes of sudden unemployment.Words of encouragement and sympathy also poured out across Twitter and LinkedIn consoling individuals released from their responsibilities. Some expressed frustration,…

The DOGE may have had its day, and social media is busy poking fun at Bitcoin skeptic Mark Cuban. 384 Total views 8 Total shares Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year.DOGE/BTC 1-week candle chart (Bittrex). Source:…