Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy […]
Today I posted a new discussion on the ENS forum about the excessive price of 3/4 characters ENS names which, in my opinion, just prevent regular users from owning them. What do you think about this topic? I would like to open a proposal about this, but I don't have enough ENS to do it…
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submitted by /u/EtherVirtualMachine [link] [comments]
Hi, im 16years old who want to invest in crypto (i have parents premision) . i have a total of 177$ a month, should i set up a recuring buy on coinbase or buy manually on binance. how much should i invest what should i invest in. should i use nexo or have my money…
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Hi guys. If you don't already know it, this is the no-official newsletter about Curve Finance. If you don't have time to be 24-7 on Twitter. This is a good way to follow what is happening https://cryptouf.substack.com/p/whatup-on-curve-56 submitted by /u/cryptouf [link] [comments]
Paxful, a peer-to-peer (P2P) bitcoin and crypto exchange service platform, announced today it has partnered with Lunu to facilitate purchases of goods and services in cryptocurrencies. Lunu is a payment solutions provider based in Berlin that allows users to spend their cryptos as fiat money. “Lunu became a part of the crypto world by creating…
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On-chain data shows that the percentage of Ethereum supply present on exchanges has set new lows of around 14%. Ethereum Supply On Exchanges Continues To Go Down As pointed out by an analyst in a CryptoQuant post, the ETH supply present on exchanges has been going down since a while now. It has now hit new lows of about 14%. The “percentage supply on exchanges” is an indicator that shows the share of the total Ethereum supply stored in wallets of all exchanges. Usually, this supply present on exchanges is said to be the selling supply of ETH, and so if the indicator’s value goes up, it means there is a higher number of coins in the available sell supply. Due to supply-demand dynamics of the market, this kind of trend can prove to be bearish for the cryptocurrency’s price. On the other hand, if the metric’s value moves down, it implies the available supply of Ethereum has reduced. Prolonged such trend can create a supply shock in the market, which can turn out to be bullish for the coin’s price. Related Reading | Exchanges See Bitcoin Outflows For 7th Straight Day As BTC Price Begins Recovery Now, here is a chart that shows the trend in the percentage of total ETH supply on exchanges in the past year: Looks like the indicator’s value has been gradually going down | Source: CryptoQuant As you can see in the above graph, the percent ETH supply on exchanges has shown a steady downtrend during the entire year so far. Currently, the value of the indicator sits around 14%, a new low. At the start of the year, the metric’s value was about 21% so that in the past year 7% of ETH supply has been taken off exchanges. Related Reading | Ethereum Scarcity: After London Fork, ETH’s Supply Change Drops To Almost Zero Also, back in May, when the price of Ethereum was at similar levels as now, the metric’s value was around 18%, a sizeable difference. Because of this the analyst believes that the current supply shock isn’t fully reflected in the price yet. And that it won’t be long until a difference is seen. ETH Price At the time of writing, Ethereum’s price floats around $4.6k, up 10% in the last seven days. Over the past month, the crypto has gained 5% in value. The below chart shows the trend in the price of the coin over the last five days. ETH’s price looks to be recovering from the crash | Source: ETHUSD on TradingView A few days back, Ethereum and the wider market had a crash due to fud from the latest COVID variant. However, ETH looks to have already recovered from it. Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com
Comments from the Federal Reserve might have sent BTC price tumbling, but SHIB, RGT and AMPL ignored the taper talk by posting double-digit gains.
Yea, I fucking did! And I really need to vent so bear with me here. I’ve been doing loads of crypto related stuff this evening and it’s all been super confusing so feeling mentally exhausted. I’ve set up MetaMask but had an issue depositing ETH from CDC. It took forever but I’ve managed to solve…
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An elementary school teacher, Aarika Rhodes said she plans to use her time in Congress “fighting to keep Bitcoin innovation” in the United States.
