Representatives for Circle and Coinbase blamed traditional financial institutions — ‘TradFi’ — for instability in the digital asset sector. “What happened over the last several days...
Tag: concentration
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration – Altcoins Bitcoin News
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene...
Signature Bank adopts caps to reduce concentration of crypto deposits
Signature Bank, long known as being friendly to crypto clients, is introducing caps to reduce the concentration of deposits from clients in the digital asset industry to below 20% of total bank deposi...
Germany has the second highest concentration of ETH nodes in the world
Germany operates one of the world’s largest networks of Ethereum validators, according to the 2022 German Blockchain report published by CV VC Labs. The report which offers a structural overview of th...
Ethereum supply concentration in smart contracts hits all time high
The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balan...
SEC Cites Ripple Token Concentration; XRP Lawyer Says Not To Rely On It
Ripple and the U.S. Securities and Exchange Commission (SEC) have been engaged in a long running legal battle. However, in order to protect the infamous Ethereum speech, the commission cited blockchai...
Is Miner Concentration Once Again Jeopardizing Bitcoin? –
The high percentage of hashrate now located in North America U.S. accounted for 35.4% of Bitcoin’s global computing power Hong Kong-based cryptocurrency miner BIT Mining halted its near-$10 million mi...
Ethereum Whale Concentration Hits ATH, Yet the ETH Price Expected to Hit $10,000 Very Soon!
The ETH price underwent a gigantic rally through 2021 and achieved levels very close to $5000. Ever since then the asset is witnessing an extreme descending trend that bottomed hard below $2000. Howev...
Ripple Loses Concentration and Declines, May Revisit Previous Low at $0.73
Jan 18, 2022 at 11:25 // Price The price of Ripple (XRP) is falling after buyers failed to break through resistance at $0.80. Moreover, buyers fail to take advantage of the uptrend to regain the...