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Ethereum Non-Exchange Whale Holdings Hit A 5-Year High, Michael Saylor Praises ETH

For the last week and more, the world’s second-largest cryptocurrency Ethereum (ETH) has been trading under pressure with its price failing to hold above the $2500 support levels. However, ETH whales seem to be making the most of this price correction and have started accumulating in big numbers. As per the recent data from the

The post Ethereum Non-Exchange Whale Holdings Hit A 5-Year High, Michael Saylor Praises ETH appeared first on Coingape.

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For the last week and more, the world’s second-largest cryptocurrency Ethereum (ETH) has been trading under pressure with its price failing to hold above the $2500 support levels. However, ETH whales seem to be making the most of this price correction and have started accumulating in big numbers.

As per the recent data from the on-chain provider Santiment, the holdings for the top ten Ethereum non-exchange whale wallets have surged rapidly in recent times. The combined holdings of these top-ten wallets have climbed to a massive 19.67m coins, the highest over the last five years since July 2016.

Courtesy: Santiment

On the other hand, Ethereum (ETH) whale addresses holding 10K to 100K tokens have remained at an all-time high despite. But at the same time, mid-tier addresses holding between 10-10K ETH continue dropping.

Recently, Ethereum has been in the eyes of institutional players and market veterans. Bitcoin evangelist and MicroStrategy CEO Michael Saylor recently went on praising Ethereum.

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Michael Saylor – Ethereum Provides Financial Establishment

In a recent interview with CNBC, the Bitcoin evangelist for the first time spoke about other digital assets apart from BTC. Talking about Ethereum, he said that the blockchain will disrupt traditional finance. Saylor said:

“You’re going to want to build your buildings on a solid footing of granite, so bitcoin is made to last forever — high integrity, very durable. Ethereum is trying to dematerialize exchanges and the finance establishment. I think that as the market starts to understand these things, there’s a place for everybody.”

Michael Saylor’s MicroStrategy has been massive raising funds over the last few months to invest in crypto.

Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Source: https://coingape.com/ethereum-non-exchange-whale-holdings-hit-a-5-year-high-michael-saylor-praises-eth/

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Ripple Price Analysis: XRP Surges 10% Daily but Faces Critical Support Against Bitcoin

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[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

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Source: https://coingenius.news/ripple-price-analysis-xrp-surges-10-daily-but-faces-critical-support-against-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-price-analysis-xrp-surges-10-daily-but-faces-critical-support-against-bitcoin

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Tether Executives Allegedly Under DOJ Investigation for Suspected Bank Fraud

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[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

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Source: https://coingenius.news/tether-executives-allegedly-under-doj-investigation-for-suspected-bank-fraud-5/?utm_source=rss&utm_medium=rss&utm_campaign=tether-executives-allegedly-under-doj-investigation-for-suspected-bank-fraud-5

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Santo Blockchain and French Artist Jerome Peschard Release Cutting Edge XR-NFT Series

Published

on

[PR – 26th July 2021, Ho Chi Minh City, Vietnam]

Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome Peschard, to bring to life a new series of NFTs called XR-NFTs “eXtended Reality Non-Fungible Tokens”.

What Are XR-NFTs?

XR-NFTs are the most eclectic form of using 3D scanning telemetry, augmented reality, virtual reality, sound, and digital smell technology intertwined with the creativity of Jerome Peschard’s digital pop art. The NFT creations use blockchain technology to offer their user a one-of-a-kind sensorial digital asset experience.

Rush of Mars

To honor this new dawn of space travel, where the likes of Sir Richard Branson, Jeff Bezos, and Elon Musk are disrupting space travel and making it a reality for all humankind to one day travel to space, Jerome Peschard has created a limited-edition series of 50 XR-NFTs and 1 Digital-Physical Asset Based XR-NFT allegory entitled “Rush of Mars“.

The “Rush of Mars” allegory will feature a 150X150cm physical original artwork from pop artist Jerome Peschard. Jerome’s canvas of choice are rusty steel sheets from building construction sites pieced together to form the masterpiece. The creation has a neon greenish light on the words “Rush of Mars” the neon light will slowly flash 2-3 times, before an electric spark ignites the electrode gas in the neon, to light up the letters. Additionally, viewers will experience a humming sound that atoms make when getting electrically charged inside the vacuum tube.

NFC Tag

From the greenish futuristic hue, with elements of 1950s fast-food signage, to a countdown of a rocket ship, electric futuristic vehicle, 60s style female model and flying saucers, including many hidden elements, gives us a true sense of the allegory of “Rush to Mars”.This physical masterpiece asset will have an NFC-Tag that can be scanned by any smartphone to open the XR-NFT, it will show multiple 3D elements, and sounds to bring this masterpiece to life in a digital and blockchain world.

The purpose of the NFC-Tag is to give not only the owner a unique sensorial experience and transfer the asset but to also give anyone that experience when admiring this masterpiece in any museum, gallery, or private showing. The limited-edition series of 50 XR-NFTs, will each have one unique element chosen by Jerome and minted on the blockchain.

Own an XR-NFT

With this unique XR-NFT series, Santo Blockchain has made it possible for art aficionados around the world to purchase artworks from renowned artists like Jerome Peschard. Interested parties can sign up for the presale waiting list through Santo Blockchain.

The limited edition of 50 XR-NFTs are set to be minted in mid-August and will be available to buy with ETH. Anyone interested in the unique creations can stay up to date about the minting details, and future airdrops via the Santo Blockchain social media channels.

The hope is that one day, in the not-so-distant future; not only will humans travel to space, but also take these digital assets along, empowering us to enjoy and to barter in these new frontiers.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

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Click here to access.

Source: https://coingenius.news/santo-blockchain-and-french-artist-jerome-peschard-release-cutting-edge-xr-nft-series-10/?utm_source=rss&utm_medium=rss&utm_campaign=santo-blockchain-and-french-artist-jerome-peschard-release-cutting-edge-xr-nft-series-10

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Blockchain

Whales Offload Significant Ethereum Holdings from Crypto Exchanges

Santiment, crypto analyzing platform has released a report that says the whales have discharged a significant amount of Ethereum from crypto exchanges

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Santiment, a crypto analyzing platform, has recently released a report that says the whales have offloaded a significant amount of Ethereum from crypto exchanges. The report further notes that the $21.3 million shares of the ten largest non-exchange whales have reached a new five-year high this week. 

Santiment Reports Says Whales Withdrew a Record Amount of Ethereum From Crypto Exchanges

The report particularly says that the ten largest over-the-counter Ethereum addresses now control the biggest volume of Ethereum in the last five years. 

As per the researchers, whales hold around 20% of the total supply of Ethereum, as 21.3 million coins were under the control of the whales by the end of last week.

However, on the other hand, the volume of Ethereum placed by whales in exchange wallets on their side has fallen to its lowest level since the year 2015 (4.66 million Ethereum).

Witnessing the outflow trend of ETH outflow which was high for several weeks recently, it should be noted that this has led to a surge in the price of the altcoin.

When the exchange rate of Ethereum reached the mark of $2,360 during the Asian trading, it marked the highest value since July 7. 

ETH Price Hits 3-Week High as Crypto Markets Bounces Back

As all the coins in the market are following the lead of Bitcoin and are surging in their prices, it is inevitable for Ethereum to stand out of the line. 

In accordance with the data released by market data aggregators and exchanges, ETH touched $2,392 on Monday, marking an 8.2% increase over the last 24 hours and around 22% gain over the past 7 days.

Ethereum is considered a potential candidate that has the capability of replacing Bitcoin as per the institutions such as Goldman Sachs.

In terms of the technological advancements, Ethereum is in line for the London upgrade that is about to go live on August 4 and consists of five EIPs, or Ethereum Improvement Proposals.

READ  ADA Partners with Simplex, Enables Purchase via Credit Cards and Apple Pay 

#Crypto-exchanges #Ethereum #Ethereum Holdings #Whales

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Source: https://www.cryptoknowmics.com/news/whales-offload-significant-ethereum-holdings-from-crypto-exchanges

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