Top 10 Daily Losers
KARA witnessed the most significant correction with a drop of 30.38%. KARA is currently trading at 424 VNDC with a trading volume of $859.08 thousand. Based on a three-month price movement, KARA has dropped by more than 98.64% of its value.
Other assets that saw a drop in value include WOOP (down 30.32%), STORE (down 27.08%), TAUM (down 18.44%),…
RICE is available on KyberSwap
KyberSwap officially listed RICE token, making it easy for users to trade RICE on BNB Smart Chain and Polygon networks.
Kyber is currently implementing the “Kyber Swap Trading Contest” program with a reward of up to 20,000 KNC for 600 lucky participants. Details: https://bit.ly/3yybXmO.
US dominates crypto ATMs installations and BTC hash rate worldwide
With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022.
In addition, the US is home to the highest number of ATM installations, representing nearly 88% of the total crypto ATM installations worldwide. Over 90% of the overall crypto ATMs installed over the past several months are in the United States.
ADA can now be purchased via bank card on biggest Cardano NFT marketplace
Cardano’s largest NFT marketplace, JPG Store, announced the integration of MoonPay payment service into its platform.
With the new solution, users will be able to buy ADA tokens directly using their bank cards, as well as ApplePay or GooglePay. Thus, investors will be able to purchase NFTs created on the Cardano network on the JPG Store without leaving the marketplace.
Dogecoin and SHIBA INU remain among most popular cryptocurrencies in U.S.
According to a report published by global data intelligence company Morning Consult, Dogecoin and SHIBA INU remain among the most popular cryptocurrencies owned by U.S. adults. The two meme coins are in third and sixth places, respectively.
40% of Americans who own cryptocurrencies have Dogecoin and 26% have SHIBA INU in their portfolio. Bitcoin and Ethereum are the two most popular cryptocurrencies (75% and 49%, respectively). Circle’s USD Coin and Litecoin come in fourth and fifth places, respectively.
Investors bought 79.1 million ADA
Santiment on-chain data aggregator has reported that wallets that store 10,000 – 100,000 ADA have been accumulating Cardano’s native token in the past month.
By now they have acquired 79.1 million coins, adding them to their ADA stashes. This amount of ADA is equivalent to $37.8 million.
Highlights of the week
$SHIB plans to launch stablecoin
$INJ CosmWasm mainnet upgrade is now live
$RICE announced strategic partnership with IVIRSE
$AAVE creates a proposal to launch its own stablecoin
$COTI partners with Kirkstone to offer Djed to their users
$AXS hosts world championship with $1 million AXS prize
Colombia set to employ $XRP blockchain for land registry
$ONUS and Miin Asia announced strategic cooperation agreement
52,000 BTC bought by Bitcoin sharks over past month
According to data published by Santiment, in the past five weeks, an astounding amount of Bitcoins – 52,000 – has been added by owners of wallets holding from 10 to 100 Bitcoins. This sum in BTC is now evaluated at $1,124,619,600 at the present BTC/USD exchange rate.
The acquisitions were made while Bitcoin was trading at a great discount of roughly 27% from its previous highs. Thanks to these purchases, the overall amount of the flagship cryptocurrency held by these BTC sharks has increased to a mind-blowing 4.29 million coins.
750 billion SHIB suddenly grabbed by “Gimli” whale on dip
One of the largest investors on Ethereum chain, known as “Gimli”, has astounded the crypto community by grabbing three massive amounts of SHIBA INU, totaling nearly 750 billion tokens, according to WhaleStats platform.
Owner of “Gimli” wallet has purchased three big SHIB lumps of 250,000,000,001, 249,998,999,999 and 250,000,999,999 SHIBA INU. In total, these purchases of the whale have cost him $8.4 million.
Fed’s Brainard says crypto needs regulation now before it becomes so big that it threatens financial system
Federal Reserve Vice Chair Lael Brainard became the latest official to speak out on crypto, saying Friday that regulation is needed or the industry could become a wider danger.
The lack of regulation guidelines has been a confusing and troublesome issue for the crypto industry, whose participants are keen to develop and expand businesses but are unclear on the regulatory parameters within which they can do so.