Crypto Startup Purse.io is Considering Acquisition Offers 16
In brief: On 16th April, 2020, the team at Purse.io made the difficult announcement stating they were shutting down operations. The team was in the process of dissolving the company when acquisition offers came knocking. On the 16th of April, the team at Purse.io informed the crypto community and fans...
BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally 17
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
Bitcoin
Over the past several days, the world has watched a precarious situation surrounding Tron-blockchain founder and “crypto whiz kid,” Justin Sun, and the Chinese government unfold, primarily surrounding his controversial upcoming lunch with Warren Buffett. Despite this controversy, China’s Center for Industry Development (CCID) has continued to favor Tron, and...
Bitcoin
Summary: Some 50% of Bitcoin holders are at a loss amid sagged crypto prices. “out-of-money” Bitcoin addresses made up over half of all holders for the first time since March 2020, IntoTheBlock data showed. The analysis highlighted that around 24 million wallets bought BTC cheaper than Monday’s $16,050 market price....