Zephyrnet Logo

Tag: then

Blockchain Sharding: All You Need To Know

The post Blockchain Sharding: All You Need To Know appeared first on Coinpedia Fintech News

Introduction  Sharding is another novel concept that has come to rescue blockchains from their scalability woes. It functions to minimize computational load by spreading bits of data across different channels for easy management. In the real world, it could be described as a situation wherein different roads have been designed to lead to a central …

Data-Driven Decision Making: Freight Audit

How can companies unlock new value in transportation management? By becoming more data driven in their decision making. That is the focus of a multi-part...

Thousands of apartments may come to Santa Monica, other wealthy cities under little-known law

Earlier this fall, a developer submitted plans for 4,500 apartments in Santa Monica — more new housing than the pricey, beachfront city has built...

SDK.finance Wins the Whitelabel FinTech of the Year at the Go Global Awards 2022

October 21, 2022, Tallinn, Estonia – SDK.finance is honoured to have won the Whitelabel FinTech of the Year Award at the Go Global Awards 2022, organized by the International Trade Council in partnership with the Estonian Business and Innovation Agency (formerly ‘EAS – Enterprise Estonia’). Represented by our CEO, Alex Malyshev at the venue, the […]

The post SDK.finance Wins the Whitelabel FinTech of the Year at the Go Global Awards 2022 appeared first on SDK.finance - White-Label Digital Core Banking Software.

How Do ERP Systems Help Reduce the Bullwhip Effect?

The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. Basically, the bullwhip effect is a phenomenon that...

Logistics contracts need the Total Cost of Ownership

Hub transport locations Investment decisions in Logistics are typically made by individual entities for their own policy or profitability reasons. The objective is usually...

ManilArt Features NFTs with Binance

Crypto Exchange Binance hosted NFT discussions at ManilART'22.

The post ManilArt Features NFTs with Binance appeared first on BitPinas.

Finding A More Optimistic Future With Bitcoin

Bitcoin is a beacon of hope in a world of uncertainty and despair. By having a monetary constant, people can focus on things that really matter.

Ripple’s VP of Litigation: The U.S. SEC ‘Is Wrong on Both the Facts and the Law’

In a recent interview, Deborah McCrimmon, who is Vice President of Litigation and Employment at Ripple, talked about the U.S. SEC’s ongoing lawsuit against Ripple. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, […]

Dogecoin Trades in a Confined Range as It Risks Further Decline

After the price slump on October 10, Dogecoin (DOGE) has consolidated back above $0.057. The price movement has been limited as the altcoin consolidates above current support.

Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong

On-chain knowledge suggests Bitcoin whales who gathered in the course of the June crash have continued to carry robust to this point. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As identified by an analyst in a CryptoQuant post, the $18k degree has been getting assist from the whales as they’ve made spot […]

The post Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong appeared first on Bitcoin Upload.

Data: Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong

On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As pointed out by an analyst in a CryptoQuant post, the $18k level has been getting support from the whales as they have made spot purchases at this mark. The relevant indicator here is the “Sum Coin Age Distribution,” which tells us about the amounts the different Bitcoin investor groups are holding in their wallets right now. These groups are based on the idea of “coin age,” a measure of the total number of days a coin has been sitting dormant on the chain for. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown As an example, if 1 BTC remains still in a single address for two weeks, then this coin is taken as a part of the “1 week to 1 month” (1W to 1M) supply. Now, here is a chart that shows the trend in the Sum Coin Age Distribution in the Bitcoin market over the last year: Looks like the 3M to 6M group has been going up in recent weeks | Source: CryptoQuant As you can see in the above graph, the amount of supply held by the different Bitcoin coin age cohorts has shown an interesting pattern during the last few months. When the crypto’s price crashed back in June, the 1D to 1W supply spiked up as whales picked up some fresh coins around the $18k level. As the days passed, these coins started aging into the 1W to 1M range, causing the 1D to 1W band to plunge down, while the 1W to 1M group observed an uptrend. Related Reading: 3 Altcoins That defy Bitcoin Dominance And Continue To Rally – CSPR, TWT, CRV Similarly, these coins matured further with time, leading to the 1M to 3M group rising up and the previous one falling off. And finally, in the last couple of months, the 3M-6M cohort has also found itself at the end of this cascading effect. The recent increase in this last group suggests that the Bitcoin whales who bought during the crypto’s decline to $18k have still not realized profits on their coins, and have continued to hold onto them with conviction. BTC Price At the time of writing, Bitcoin’s price floats around $19.2k, up 1% in the last seven days. Over the past month, the crypto has gained 4% in value. The below chart shows the trend in the price of the coin over the last five days. The value of the crypto continues to show stagnant price movement in the last few days | Source: BTCUSD on TradingView Featured image from Michael Blum on Unsplash.com, charts from TradingView.com, CryptoQuant.com

Latest Intelligence

spot_img
spot_img