Latest News

The share of retail investors selling Bitcoin has reached a 17% high, according to blockchain research firm Glassnode and IntoTheBlock. Fast facts GlassNode defines retail investors as any wallet that manages less than 10 BTC, which is currently worth $168,300. Data from IntoTheBlock also shows that the percentage of Bitcoin supply that has not been triggered in at least a year was also at its peak on Monday, accounting for almost 70% of the total. "Not perfect yet, but strong for a 12-year-old property and moving in the right direction," Will Clemente, a blockchain researcher at Reflexivity Research, said in a tweet where he shared a chart of Glassnode data. "Bitcoin technology expands over time, while the main holdings of fiat focus on whales over time." It is reported that only 2% of wallets controlled the supply of Bitcoin in the past two years, prompting criticism of the cryptocurrency concentrated power. However, some industry analysts have said that the reported figures do not take into account lost Bitcoins, stolen Bitcoins or guardians. The increase in the level of investors trading in Bitcoin is closely related to the increase in the price of the asset, rather than news such as the lack of confidence of public institutions, banks, or as a safe haven of another benefit, according to the November Bank report. . international standards.

aLitecoin (LTC) has surpassed Shiba Inu (SHIB) in terms of global market capitalization.LTC is currently in 14th place with SHIB just $60 million off its throne. The LTC team even tweeted a meme to celebrate the occasion.According to data from CoinMarketCap, Litecoin (LTC) has now surpassed Shiba Inu (SHIB) in terms of global market capitalization. LTC is currently ranked 14th according to the data. The current highest price of LTC is 4.66 $.SHIB approach to the main market with a difference of $ 60 million. Its market value is currently at $4.60 billion. SHIB is trading at $0.000008393, with a loss and gain of 2.2% in the last 24 hours. However, LTC traded up 2.9% in the last 24 hours and was valued at $64.90 at reporting time. Litecoin surpassed SHIB in terms of market capitalization on November 22, 2022. The official LTC Twitter account even tweeted to highlight the milestone with a popular meme. SHIB performance in terms of pricing is one of the main reasons for the rise in LTC. LTC is also considered as the second most active cryptocurrency. Messari did the research. They chose cryptocurrencies based on their estimated trading value over the past 24 hours.Litecoin also saw a 42% increase in market capitalization in the last 24 hours. It currently stands at $531,892,461. Although SHIB is not doing well in terms of price, its market value has increased by 48.8% in the last 24 hours. It is currently at $206,828,071. All cryptocurrency markets have been in an extended bear market. Every time the market tries to come back, another event pushes it back. Most of the best coins are 70-90% below their all-time highs.

BNB is the most popular crypto on Binance crypto exchange, followed by Bitcoin.The popular token, HOOK, ranked fourth in the "Crypto Trending on Binance" list. HOOK has a market capitalization of 214 on CryptoRank but has an overall increase of 5.1% in its market price. The leading crypto exchange, Binance flagship, BNB is the most popular cryptocurrency on Binance search platform, while the most popular crypto in the market, Bitcoin is in second place on the list. A recent data from Crypto Differ has revealed a list of the top 15 coins by search terms on Binance. But what is even more surprising is the "little known" brand, HOOK, which is in fourth place with a 5.1% increase in its market value. Note that HOOK has a market capitalization rank of 214 on CryptoRank. HOOK popularity is highest on the Binance exchange as only 8% of its volume comes from other exchanges while the rest comes from Binance. As for BNB, the coin receives only 31% of Binance volume while the remaining 69% comes from other crypto exchanges. The local token has seen a decrease of 5.1% in the last 24 hours. The third and fourth positions on the list are Ethereum (ETH) and Dogecoin (DOGE), respectively. Also, another crypto that does not like to make the list is a crypto wallet, SafePal brand, SFP, which has a market capitalization of 166. On Binance, SFP ranked 12th with 1.8 % of the highest price change over 24 hours. A significant decrease in BNB, however, may cause fear among crypto investors. After the collapse of FTX, panic started to circulate around Binance as it suddenly announced to stop withdrawing $USDC. However, President Changpeng Zhao later clarified that it was not the water crisis but banking issues that caused the withdrawal. Dismissing the comparison to FTX, Zhao also said that Binance has strong liquidity and no problems.

Bitcoin is far from its price of $21,000 in November 2022.Currently, BTC is moving at $16,715. VC Tim Draper predicted that BTC will hit $250,000 in 2023, which analysts say is impossible.Although Bitcoin (BTC) and other major coins have fallen due to the fall of FTX in November, some price forecasts are optimistic that BTC will hit $250,000 in 2023. Tim Draper, the founder of Draper Venture Network, recently predicted that BTC will hit $250,000 next year, despite the failure of FTX. However, this prediction is impossible in the eyes of other analysts, since BTC is not even above $60,000. As of this writing, BTC has traded at $16,715, down 0.28% in the last 24 hours. BTC Day 1 trading indicator shows that the coin is sitting below the shortest support zone at $16,880. If BTC breaks this support zone in the intraday trade, it may go back to its previous resistance of $17,100 in the following days. Apparently, after a volatile price change since late November, BTC reached $18,388 on December 14 due to the FOMC meeting. Also, the 20-day EMA shows that the candle is close to the EMA line, but the possibility of the price reaching that line is less in intraday trading. From another point of view, BTC is retracing the same pattern from September 13 to November 5. In this regard, there will be a slight push in the coming days. Significantly, upcoming economic events such as the IFO Business Climate Index and the CBI Industry Trends will also contribute to the price trends of BTC and other coins.