Some Bitcoin whales have reduced the number of coins they hold. A CryptoQuant analyst says the BTC price could trend lower in the short term. The number of addresses holding 1000 Bitcoin [BTC] has continued to decrease according to a recent update from Santiment. The on-chain analytics platform tweeted on the first day of MarchContinue reading “Bitcoin whales shrink assets- Here’s what to expect from BTC in March”
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Chainlink introduced a new developer platform with access via the Ethereum and Polygon Testnets. The token circulation has hovered around the same region for some time. Chainlink [LINK], the decentralized oracle network announced the launch of a new platform called the “Chainlink Functions.” According to the project, this new side of its chain would enableContinue reading “Chainlink functions in motion, but LINK keeps struggling with circulation”
1INCH scheduled another token unlock for 1 March. The token circulation decreased, but its founder says the DeFi ecosystem can hit 1 billion users. The 1inch Network [1INCH] is part of a series of crypto projects expected to unlock several tokens on 1 March. This month, about 18 projects will take the same step. ButContinue reading “Assessing 1INCH’s performance prior to token unlocks”
Addresses who held thousands to millions of REN were instrumental in the token price rise. While network growth fell, investor sentiment remained high. As many cryptocurrencies lingered in consolidation, Republic Protocol [REN], gained massively. At press time, CoinMarketCap showed that REN’s price had increased 25.93% in the last 24 hours. 🦈📈 #Ren has decoupled fromContinue reading “REN decouples from market – did the sharks play a role?”
Analysts argued that the altcoin’s recent letdown could either be linked to the nearing Shanghai upgrade or not ETH may not rally in the short term as traders are torn between longs and shorts According to Hal Press, Ethereum’s [ETH] underwhelming performance in recent times could be a result of some faults in the nearingContinue reading “Here’s why ETH’s underperformance is not linked to Shanghai”