Posted in Crypto News

Glassnode data shows that the Bitcoin supply stored in the 100-1,000 wallet range started to Increase again which is bullish for Bitcoin. Lex Moskovski, CIO of Moskovski Capital expounded that the 100- 1,000 range of Bitcoin wallets is an indication that financial institutions are storing funds in a particular order on custodial platforms, like Coinbase, BitGo.

Coinbase for example stores Bitcoin in lumps of 100 to 120.

Posted in Crypto News

The American Cancer Society (ACS) shared in a tweet recently that it now accepts Dogecoin donations.

ACS shared that the cryptocurrency donation will help hedge against the funding challenges caused by the COVID-19 pandemic.

The pandemic decreased its ability to fund research by 50% and also limited its project milestone achievement.

Hopefully, a DOGE price increase will help it meet its goal. It plans to raise $1 million.

Posted in Crypto News

According to data from the market analytics site, Nomics, Dogecoin just hit an all-time high of $0.73 right before Elon Musk’s SNL appearance by 8.30 pm Today,

His Supporters Believe he will speak about the coin during the skit.

Dogecoin’s market cap of $95.3 billion almost overtook that of BNB, the third- largest cryptocurrency.

Dogecoin is only 1.6% shy of BNB’s market cap. Many believe Skit will push Dogecoin to $1 by Monday as their expectations are all high.

Posted in Crypto News

The Number of XRP whale wallets massively increase despite law suit with SEC according to Ripple’s 2021 first-quarter report published on May 6th.

The number of XRP whales, that is the number of wallets at least 10 million XRP surged 3.5% from 308 to 319.

Also, wallets holding between 1 million to 10 million XRP increased from 1,125 to 1,196.

According to the report, this massive increase came from institutional investors in XRP.

Posted in Crypto News

Börse Stuttgart, the second-largest German stock exchange declared exchange-traded notes (ETNs) launch for Cardano and Stellar, totaling 22 ETNs on the platform.

Investors can now enjoy extended trading hours from 8:00 to 22:00 hours.

Jürgen Dietrich, Börse Stuttgart’s Director of Trading said that the recent project is influenced by the increased interest in cryptocurrency and it also gives the opportunity for investors to participate in the price development of the two cryptocurrencies.