A Constant Rise in Russian’ Inactive Bitcoin Wallets For The Last 18 Months
When we talk about cryptocurrency development and adoption, Russia is one of the top countries to regulate. An approximated denoting; the government can get many financial benefits from levying taxes on cryptocurrency transactions. Related Reading | U.S. Introduced Crypto Tax Fairness Act to Adopt Crypto As Payment Method Kommersant, highlighted while reporting to the MEXC cryptocurrency […]
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Despite short-term Bitcoin trading spiking in January, wallets that have been inactive for at least three years are the largest segment of the BTC holders. Long-term Bitcoin hodlers appear not to be selling despite 2021’s all-time highs, while nervous newbies have been taking profits along the way.According to Unchained Capital’s “Hodlwaves” chart — which visually illustrates the time since BTC wallets were last active on-chain, 2021 has seen an increase in both long and short-term activity.Hodlwaves: Unchained CapitalThe chart shows the number of coins that have moved in the past 30 to 90....
As Ethereum’s price approaches new all-time highs, the coin’s supply shock seems to be deepening with exchange reserves declining 18% in the last five months. Ethereum Exchange Reserves Are Down 18% In The Last 5 Months As pointed out by a CryptoQuant post, ETH’s exchange reserves seem to have declined a lot in the last few months, signaling that a supply shock might be brewing in the crypto. The all exchanges reserve is an indicator that shows the total amount of Ethereum present in wallets of all exchanges. An increase in the metric’s value means investors are....
2016 has been a very exciting year, typified by a near constant demand for bitcoin wallets, a near doubling of its global market price, and the Bitcoin halving this past summer. 2017 looks like it can be the Bitcoin’s best year ever, but before we put 2016 into the history books, let’s review where we’ve been this year before we step into Year Nine of the decentralized digital currency age. Feel free to use this as a Bitcoin historical reference for where the community has been, through the years. Here are the top ten most-viewed and shared stories of 2016, not according to us, but....
Some OpenSea users who heeded OpenSea’s call to call their inactive listings ended up losing their NFTs and their money. Twitter users reacted negatively to an OpenSea email sent to users who still had inactive listings on their accounts. In the email, OpenSea explained that old NFTs listings are still fulfillable, and should be canceled by the user because OpenSea is unable to cancel them on their behalf. They claimed this would “prevent any of your items from being sold at the inactive listing price,” due to Ethereum’s (ETH) dropping price.According to the NFT collector @dingalingts and....
Recently, Ripple-the electronic payment protocol-has experienced a market cap surge due to an increase in the price of its native currency, XRP. Despite CCN's predictions, the XRP price has continued to march in the right direction. During the past month, the XRP price rose more than 200%, expanding Ripple's market cap and leaving litecoin in the dust. Now, Ripple has moved past Litecoin in CoinGecko's comprehensive cryptocurrency rankings, indicating that Ripple's market cap placement is well-deserved. Also read: XRP Price Rise Solidifies Ripple as Crypto's #2 by Market Cap. XRP Price....