According to crypto market data aggregator Santiment, wallets holding between 100 and 10,000 BTC now constitute the largest category of Bitcoin hodlers, accounting for 48.7 percent of Bitcoin's supply.
These addresses have accumulated 90,000 more $BTC in the last 25 days.
The current buying frenzy has pushed the millionaire addresses' Bitcoin holdings to a seven-week high, with the addresses representing more than 9.11 million BTC.
Meanwhile, Glassnode found that weekly bitcoin outflows from miner addresses have reduced to $1.7 million.
It is evident that whales and miners are accumulating Bitcoin as it attempts to break past $40,000.
Could the days of accumulation fuel the next $BTC rally?
https://twitter.com/CoinsbitIndia/status/1405517097468260365
These addresses have accumulated 90,000 more $BTC in the last 25 days.
The current buying frenzy has pushed the millionaire addresses' Bitcoin holdings to a seven-week high, with the addresses representing more than 9.11 million BTC.
Meanwhile, Glassnode found that weekly bitcoin outflows from miner addresses have reduced to $1.7 million.
It is evident that whales and miners are accumulating Bitcoin as it attempts to break past $40,000.
Could the days of accumulation fuel the next $BTC rally?
https://twitter.com/CoinsbitIndia/status/1405517097468260365
Twitter
Coinsbit India 🐯
According to #crypto market data aggregator Santiment, wallets holding between 100 and 10,000 BTC now constitute the largest category of Bitcoin hodlers, accounting for 48.7 percent of Bitcoin's supply. These addresses have accumulated 90,000 more $BTC in…
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Cryptocurrencies are going mainstream in India and the latest development comes from Raftaar who became the first Indian musician to start accepting payment in Cryptocurrencies.
This a major milestone for the Crypto industry in India.
“I’ve always been an ardent admirer of blockchain technology and I’ve always wondered why artists and managers alike haven’t explored the potentiality of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction," said the popular Rapper.
We believe this is just the beginning and we can expect more artists to follow suit.
https://twitter.com/CoinsbitIndia/status/1406161342906527745
This a major milestone for the Crypto industry in India.
“I’ve always been an ardent admirer of blockchain technology and I’ve always wondered why artists and managers alike haven’t explored the potentiality of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction," said the popular Rapper.
We believe this is just the beginning and we can expect more artists to follow suit.
https://twitter.com/CoinsbitIndia/status/1406161342906527745
Twitter
Coinsbit India 🐯
Cryptocurrencies are going mainstream in India and the latest development comes from @raftaarmusic who became the first Indian musician to start accepting payment in #cryptocurrencies. This a major milestone for the #Crypto industry in India. Thread 🧵
DAILY NEWS: To meet growing customer demand, American multinational bank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust via its Europe Opportunity Fund.
The banking giant has been slowly treading into the world of crypto & blockchain tech.
Morgan Stanley is one of the many banks that have facilitated cryptocurrency exposure for its clients over the past months.
The narrowing divide between banks and cryptocurrencies is proof that cryptocurrencies, especially, Bitcoin, are now considered a credible investment.
Will we see Indian banks step up and join the trend?
https://twitter.com/CoinsbitIndia/status/1409801055697739776
The banking giant has been slowly treading into the world of crypto & blockchain tech.
Morgan Stanley is one of the many banks that have facilitated cryptocurrency exposure for its clients over the past months.
The narrowing divide between banks and cryptocurrencies is proof that cryptocurrencies, especially, Bitcoin, are now considered a credible investment.
Will we see Indian banks step up and join the trend?
https://twitter.com/CoinsbitIndia/status/1409801055697739776
Twitter
Coinsbit India 🐯
DAILY NEWS: To meet growing customer demand, American multinational bank @MorganStanley has purchased 28,289 shares of @Grayscale #Bitcoin Trust via its Europe Opportunity Fund. The banking giant has been slowly treading into the world of #Crypto & #Blockchain…
DAILY NEWS: The cryptocurrency bill in India is ready to be presented in the monsoon session of the parliament.
According to Finance Minister Nirmala Sitharaman, the cabinet note for the crypto bill is ‘ready’. She added that a "lot of work" has been done on the bill.
This has been a relief for crypto-based businesses in the nation as banks have been hesitant towards servicing entities involved with the emerging market.
If the measure passes in Parliament, Sitharaman has suggested pilot programs could be on the way.
Do you think now's the best time for the government to put crypto regulations in place?
https://twitter.com/CoinsbitIndia/status/1412331990582317058
According to Finance Minister Nirmala Sitharaman, the cabinet note for the crypto bill is ‘ready’. She added that a "lot of work" has been done on the bill.
This has been a relief for crypto-based businesses in the nation as banks have been hesitant towards servicing entities involved with the emerging market.
If the measure passes in Parliament, Sitharaman has suggested pilot programs could be on the way.
Do you think now's the best time for the government to put crypto regulations in place?
https://twitter.com/CoinsbitIndia/status/1412331990582317058
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Coinsbit India 🐯
DAILY NEWS: The #cryptocurrency bill in #India is ready to be presented in the monsoon session of the parliament. According to Finance Minister @nsitharamanoffc, the cabinet note for the #crypto bill is ‘ready’. She added that a "lot of work" has been done…
The crypto community in #India is often baffled by rumors of a complete ban on cryptos. But the fact that the industry operates outside of a centralized system is often misremembered.
Governments can restrict #Crypto use, but can they outright ban it?
https://twitter.com/CoinsbitIndia/status/1412352396601167894
Governments can restrict #Crypto use, but can they outright ban it?
https://twitter.com/CoinsbitIndia/status/1412352396601167894
Twitter
Coinsbit India 🐯
The crypto community in #India is often baffled by rumors of a complete ban on cryptos. But the fact that the industry operates outside of a centralized system is often misremembered. Governments can restrict #Crypto use, but can they outright ban it? li…
DAILY NEWS: Shifting focus towards properly regulating the #Crypto Space, the Financial Crimes Enforcement Network of the U.S. Treasury Department has now appointed crypto-friendly Michele Korver as its first ever chief cryptocurrency advisor.
Korver will advise FinCEN Acting Director Michael Mosier on #Bitcoin’s activity in financial crimes. She would also be responsible for advancing FinCEN’s leadership role in the #Crypto industry.
“Ms. Korver will advance FinCEN’s leadership role in the digital currency space by working across internal and external partners toward strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation,” the announcement read.
https://twitter.com/CoinsbitIndia/status/1412713259145195532
Korver will advise FinCEN Acting Director Michael Mosier on #Bitcoin’s activity in financial crimes. She would also be responsible for advancing FinCEN’s leadership role in the #Crypto industry.
“Ms. Korver will advance FinCEN’s leadership role in the digital currency space by working across internal and external partners toward strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation,” the announcement read.
https://twitter.com/CoinsbitIndia/status/1412713259145195532
Twitter
Coinsbit India 🐯
DAILY NEWS: Shifting focus towards properly regulating the #Crypto Space, the Financial Crimes Enforcement Network of the U.S. Treasury Department has now appointed crypto-friendly Michele Korver as its first ever chief cryptocurrency advisor. 🧵👇
DAILY NEWS: #Bitcoin continues to attract investors.
The Israel Investment Fund Group (IIFG), which controls Israel's sovereign wealth fund, has made a $2.3 billion investment in Bitcoin.
The global strategic plan will help Israel lead into the future, per the release
Throughout the past months, there has been a slurry of investments into #cryptocurrencies. #Bitcoin has been the favorite for large corporations, while #Ethereum has seen an uptick in total active addresses on the network.
Where do you see the #Crypto industry in 3 years?
https://twitter.com/CoinsbitIndia/status/1413783225533558792
The Israel Investment Fund Group (IIFG), which controls Israel's sovereign wealth fund, has made a $2.3 billion investment in Bitcoin.
The global strategic plan will help Israel lead into the future, per the release
Throughout the past months, there has been a slurry of investments into #cryptocurrencies. #Bitcoin has been the favorite for large corporations, while #Ethereum has seen an uptick in total active addresses on the network.
Where do you see the #Crypto industry in 3 years?
https://twitter.com/CoinsbitIndia/status/1413783225533558792
Twitter
Coinsbit India 🐯
DAILY NEWS: #Bitcoin continues to attract investors. The Israel Investment Fund Group (IIFG), which controls Israel's sovereign wealth fund, has made a $2.3 billion investment in Bitcoin. The global strategic plan will help Israel lead into the future, per…
DAILY NEWS: Three Major South Korean Banks are now offering #Cryptocurrency-based services.
Woori Financial Group is the latest South Korean Banking Conglomerate that announced plans to Offer #Crypto Custody Services in collaboration with Coinplug, a blockchain-based company.
As of now, all three major banks in South Korea are offering #Crypto custody services.
#Cryptocurrencies are drawing mainstream attention at a global level and Woori now joins the ranks of other major banks that have already entered the market.
Are Banks changing their tune?
https://twitter.com/CoinsbitIndia/status/1414857093530611715
Woori Financial Group is the latest South Korean Banking Conglomerate that announced plans to Offer #Crypto Custody Services in collaboration with Coinplug, a blockchain-based company.
As of now, all three major banks in South Korea are offering #Crypto custody services.
#Cryptocurrencies are drawing mainstream attention at a global level and Woori now joins the ranks of other major banks that have already entered the market.
Are Banks changing their tune?
https://twitter.com/CoinsbitIndia/status/1414857093530611715
Twitter
Coinsbit India 🐯
DAILY NEWS: Three Major South Korean Banks are now offering #Cryptocurrency-based services. Woori Financial Group is the latest South Korean Banking Conglomerate that announced plans to Offer #Crypto Custody Services in collaboration with Coinplug, a blockchain…
DAILY NEWS: Another Grammy winner eyeing Cryptocurrencies.
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies.
Rhymes asked if anyone was into crypto and how people felt about it now.
Rhymes joins a long list of rappers who have dabbled with cryptocurrency. Many hip-hop artists, including 50 Cent, Talib Kweli, Snoop Dogg, and Eminem, have dabbled with the industry in one way or another.
Which Rapper do you think is next?
https://twitter.com/CoinsbitIndia/status/1415657667947753476
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies.
Rhymes asked if anyone was into crypto and how people felt about it now.
Rhymes joins a long list of rappers who have dabbled with cryptocurrency. Many hip-hop artists, including 50 Cent, Talib Kweli, Snoop Dogg, and Eminem, have dabbled with the industry in one way or another.
Which Rapper do you think is next?
https://twitter.com/CoinsbitIndia/status/1415657667947753476
Twitter
Coinsbit India 🐯
DAILY NEWS: Another #Grammy winner eyeing #cryptocurrencies. Trevor George Smith Jr., professionally as @BustaRhymes asked his 3.8 million followers on @Twitter what they think about cryptocurrencies. Rhymes asked if anyone was into #crypto and how people…
DAILY NEWS: Major banks indicate increased demand for #cryptocurrency.
Per a Goldman Sachs survey, 45% of participating asset management companies are interested in investing in #Crypto as a hedge against inflation.
The participants manage assets totalling at least $1 billion.
Meanwhile, JP Morgan recently stated that many of its asset and wealth management clients believe cryptocurrencies are an asset class in which they wish to invest.
These occurrences point to the rising demand for #cryptocurrency among institutional actors.
https://twitter.com/CoinsbitIndia/status/1418165251527245834
Per a Goldman Sachs survey, 45% of participating asset management companies are interested in investing in #Crypto as a hedge against inflation.
The participants manage assets totalling at least $1 billion.
Meanwhile, JP Morgan recently stated that many of its asset and wealth management clients believe cryptocurrencies are an asset class in which they wish to invest.
These occurrences point to the rising demand for #cryptocurrency among institutional actors.
https://twitter.com/CoinsbitIndia/status/1418165251527245834
Twitter
Coinsbit India 🐯
DAILY NEWS: Major banks indicate increased demand for #cryptocurrency. Per a Goldman Sachs survey, 45% of participating asset management companies are interested in investing in #Crypto as a hedge against inflation. The participants manage assets totalling…
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Did You Know?
Globally, Cryptocurrencies may produce up to $1 billion in income for the banking sector alone.
The gap between the banking sector and the Crypto world is narrowing down. Major banks like JP Morgan are already providing cryptocurrency-related services.
https://twitter.com/CoinsbitIndia/status/1420647989870161923
Globally, Cryptocurrencies may produce up to $1 billion in income for the banking sector alone.
The gap between the banking sector and the Crypto world is narrowing down. Major banks like JP Morgan are already providing cryptocurrency-related services.
https://twitter.com/CoinsbitIndia/status/1420647989870161923
Twitter
Coinsbit India 🐯
Did You Know? Globally, #Cryptocurrencies may produce up to $1 billion in income for the banking sector alone. The gap between the banking sector and the #Crypto world is narrowing down. Major banks like @jpmorgan are already providing cryptocurrency-related…
DAILY NEWS: Prominent Youtuber KSI acknowledges his interest in Crypto.
“Bitcoin is the future,” KSI, aka JJ, says, emphasizing that many people do not grasp that crypto is “a long-haul thing.”
He talked about the flagship crypto n an interview with GQ magazine.
“Just look at how money is inflationary compared to bitcoin, which isn’t. There’s a set amount – you can’t increase the amount of bitcoin and that has value,” he emphasized, elaborating.
KSI joins the long list of Youtube sensations who have publicly endorsed cryptocurrencies.
https://twitter.com/CoinsbitIndia/status/1424633049820459008
“Bitcoin is the future,” KSI, aka JJ, says, emphasizing that many people do not grasp that crypto is “a long-haul thing.”
He talked about the flagship crypto n an interview with GQ magazine.
“Just look at how money is inflationary compared to bitcoin, which isn’t. There’s a set amount – you can’t increase the amount of bitcoin and that has value,” he emphasized, elaborating.
KSI joins the long list of Youtube sensations who have publicly endorsed cryptocurrencies.
https://twitter.com/CoinsbitIndia/status/1424633049820459008
Twitter
Coinsbit India 🐯
DAILY NEWS: Prominent Youtuber @KSI acknowledges his interest in #Crypto. "#Bitcoin is the future,” KSI, aka JJ, says, emphasizing that many people do not grasp that crypto is “a long-haul thing.” He talked about the flagship crypto in an interview with @GQMagazine.
DAILY NEWS: Hacker returns stolen Crypto
The hacker behind the recent attack on Poly Network has returned $342m worth of tokens relating to three crypto-currencies to the firm.
The hacker also added that he attacked the network "For Fun."
The hacker is being dubbed as "Mr White Hat" by Poly Network, due to the fact that he used his skills to help the firm find the security hole.
The hacker has also added that Poly Network has offered a $500,000 reward for his "white hat behavior."
This goes to show how the cryptocurrency industry is all about uplifting the morales of decentralization by working together as a community.
https://twitter.com/CoinsbitIndia/status/1426101679661797379
The hacker behind the recent attack on Poly Network has returned $342m worth of tokens relating to three crypto-currencies to the firm.
The hacker also added that he attacked the network "For Fun."
The hacker is being dubbed as "Mr White Hat" by Poly Network, due to the fact that he used his skills to help the firm find the security hole.
The hacker has also added that Poly Network has offered a $500,000 reward for his "white hat behavior."
This goes to show how the cryptocurrency industry is all about uplifting the morales of decentralization by working together as a community.
https://twitter.com/CoinsbitIndia/status/1426101679661797379
Twitter
Coinsbit India 🐯
DAILY NEWS: Hacker returns stolen #Crypto The hacker behind the recent attack on Poly Network has returned $342m worth of tokens relating to three crypto-currencies to the firm. The hacker also added that he attacked the network "For Fun." 🧵👇
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💡 Think Ethereum is just a currency? Think again—it's a hub for groundbreaking innovation! 🚀✨
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#BlockchainRevolution #DeFi #SmartContracts #FutureOfFinance #Crypto #Ethereum #Payonramp
Let’s chat about it in the comments!
VisitNow: http://payonramp.com
#BlockchainRevolution #DeFi #SmartContracts #FutureOfFinance #Crypto #Ethereum #Payonramp
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BTC Surpasses $97k 🚀🌕
Bitcoin continues its moonshot, smashing past $97,000! 🌟 Are you ready for the next milestone? 💛⚡
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#Bitcoin #BTC #Crypto #PayOnRamp #ToTheMoon
Bitcoin continues its moonshot, smashing past $97,000! 🌟 Are you ready for the next milestone? 💛⚡
www.payonramp.com
#Bitcoin #BTC #Crypto #PayOnRamp #ToTheMoon
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"Which of these is NOT a layer-2 scaling solution? 🤔💡 Comment your answer! ⬇️ #Crypto #Blockchain #Cryptoforce"