Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Wallets
Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions
Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. Venezuela’s PDVSA Turns to Tether Amid Sanctions According to a Reuters report, Venezuela’s state-run oil company, PDVSA, transitioned to using Tether’s USDT after facing renewed sanctions on its oil exports. Tether took a similar…
1 year ago
XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves
With the crypto market on the rise once again, XRP has seen positive headwinds and this has triggered an improvement in sentiment among investors. This positive recovery has seen more crypto investors move to acquire the altcoin, pushing a very important holder cohort toward new all-time high levels. Wallets Holding More Than 1 Million XRP Nears ATH Over the last year, there has been a lot of selling among XRP investors as the price continued to struggle. This poor performance…
1 year ago
Shiba Inu News: Shibarium Sees Surge in Adoption: Adds Over 375K Wallets in 4 Days
Shibarium, Shiba Inu’s layer-2 blockchain, sees massive adoption, adding over 375,000 wallets in three days, addressing Ethereum’s challenges. Shibarium’s transactions surged, hitting nearly one million in 24 hours, with a whopping 958,440 transactions, highlighting its growing ecosystem activity. Shibarium, the layer-2 blockchain solution within the Shiba Inu ecosystem, has experienced a significant surge in adoption, marked by the addition of over 375,000 wallets in just three days. This rapid influx of new users highlights the platform’s growing popularity and its…
1 year ago
Crypto Wallets and Casino Gaming: Ensuring Secure and Efficient Transactions
The post Crypto Wallets and Casino Gaming: Ensuring Secure and Efficient Transactions appeared first on Coinpedia Fintech News Reports from Online Casinos 365 show that, as cryptocurrency adoption surges in online gambling, seamless integration of digital wallets has become essential for most online casinos. Beyond the inherent benefits of crypto, like decentralization and anonymity, wallets streamline deposits and withdrawals while bolstering transaction security. Top wallets like MetaMask, Coinbase, and Exodus provide robust encryption and private key protections to safeguard players’…
1 year ago
111,000 BTC Move Out Of Exchange Wallets In A Month – Impact On Bitcoin Price?
The Bitcoin price has somewhat slowed down since reaching the unprecedented high of $73,000, moving mostly sideways since mid-March. However, with the halving event less than a fortnight away, all eyes will be on the premier cryptocurrency and all that pertains to it over the next couple of weeks. According to a recent on-chain observation, the BTC supply on exchanges has been on a steady decline over the past few months. This trend has sparked discussions on what this could…
1 year ago
Top New Project Available To Almost All Investors Using All Wallets
The post Top New Project Available To Almost All Investors Using All Wallets appeared first on Coinpedia Fintech News Octoblock, the best crypto to buy now, is accessible to all investors, regardless of whether they hold an Ethereum wallet or other preferred wallets. Crypto investors need a crypto wallet to handle and manage digital currency. Storing and Managing Octoblock With an Ethereum wallet The vibrant Ethereum blockchain platform serves a host of dApps, P2E, DeFi, NFT marketplaces and more. Investors…
1 year ago
Flits Wallet – The First Decentralized Masternode and Staking App
Flits is a mobile dApp that allows users to earn passive income by staking their crypto or by hosting decentralized masternodes. The platform introduces a variety of new protocols that raises the bar in terms of flexibility and functionality. Here's what makes the Flits Wallet one of the most interesting projects in the sector. Interestingly, Flits originates from the Dutch word 'flash.' Developers felt this name properly described the goal of Flits, to make staking coins easier and faster than…
5 years ago
Looking for an XRP Wallet? Here are the Best Ripple (XRP) Wallets
Ripple (XRP) is a cryptocurrency project created by Chris Larsen and Jed McCaleb under Ripple Labs. It was primarily built as a digital asset to overcome several international banking problems, cross-border payments, and sourcing liquidity. As a result, XRP has remained among the top 10 cryptocurrencies by market cap since 2017. The main target audience of XRP is banks and payment providers, where the speedy settlement time can function as a liquidity source. This allows Ripple to tap new and…
5 years ago
What is Cryptocurrency? – All you Need to Know
Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…
5 years ago