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Cardano crosses 500k accounts and Daedalus launches native-asset support

The Cardano blockchain now hosts over half a million unique wallet addresses, with the number growing each hour. The significant growth in new addresses on the network was partly fueled by the upgrade to Daedalus which will introduce native-asset support to the wallet.The Cardano network sees significant expansion ahead of native asset upgradeWith the clock counting down the … [Read more...] about Cardano crosses 500k accounts and Daedalus launches native-asset support

Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm

Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday to today’s low of $43,189 per unit. Bitcoin (BTC) prices have dropped -25.98% since last … [Read more...] about Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm

Increasing stock market volatility drags Bitcoin and altcoin prices lower

The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before buying at the key support returned to help … [Read more...] about Increasing stock market volatility drags Bitcoin and altcoin prices lower

Grayscale’s Bitcoin premium has dropped to record lows below zero

Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds more than 655,730 BTC and the security is tradable in the United States through over-the-counter markets.How is GBTC different from a Bitcoin ETF?The fund was launched in 2013 and the Grayscale Bitcoin Trust became the … [Read more...] about Grayscale’s Bitcoin premium has dropped to record lows below zero