Archives: Fast News

  • MATIC and LINK enter list of most wanted crypto

    MATIC and LINK enter list of most wanted crypto

    WhaleStats data aggregator has spotted three hefty crypto transactions made by three of the top 1,000 Ethereum whales. The first investor acquired 2,700,000 MATIC worth $3,483,000, the second whale has bought 896,990 MATIC – the equivalent of $1,336,515. The third transaction carried 99,990 LINK, which comprises $1,364,863.

    According to the WhaleStats website, over the past 24 hours, MATIC and LINK have been on the list of the top 10 purchased cryptocurrencies.

  • US Bitcoin miners expanding operations despite price volatility

    US Bitcoin miners expanding operations despite price volatility

    Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn.

    The Marathon Digital Holdings and GEM Mining companies in the U.S. announced this week that they each expect the size of their respective operations to grow through 2022 by at least doubling the number of machines at their facilities.

  • Chainlink number of “hodlers” reaches fresh highs despite price declines

    Chainlink number of “hodlers” reaches fresh highs despite price declines

    The on-chain analytics data provider notes that despite the price slump, the number of ”hodlers” (Chainlink addresses that have held for more than a year) has increased.

    Presently, 279,440 addresses are now holding Chainlink for over a year. This figure represents 43.9% of the total holder composition, IntoTheBlock notes.

  • Bitcoin bounces back to $38,000 after Biden addresses Russia-Ukraine conflict

    Bitcoin bounces back to $38,000 after Biden addresses Russia-Ukraine conflict

    President Biden issued a new round of economic sanctions Thursday meant to punish Russia for attacking Ukraine. The president also promised to send more forces to Germany to support the NATO alliance along the eastern flank. However, he also made clear that no troops would be sent directly to Ukraine to take part in the conflict.

    Bitcoin responded immediately to the news. Sitting at $36,300 as of 2:02 PM EST, it moonshot to $39k exactly one hour later. Bitcoin has gained 10.55% after 24h and is trading at $38,737.

  • ACA rises 44.5% after 24h

    ACA rises 44.5% after 24h

    ACA rises 44.5% after 24h

    The data shows that since falling to a fairly low level of 0.861003 USD on February 24th, the price of Acala Token (ACA) has rallied 44.5% and bounced back to 1.28 USD this morning of February 25th.

    ACA trading volume spiked to 14.61 million USD, 3 times higher than the average trading volume of the previous 10 days. With these achievements, ACA is currently leading the Top Gainers on ONUS.

  • $460 million worth of remaining crypto longs liquidated

    $460 million worth of remaining crypto longs liquidated

    According to Coinglass, $460 million worth of orders were liquidated in the last 24 hours as the market faced the strong selling pressure that sent Bitcoin below $35,000—a price that the market saw last time back at the end of January.

    First place in terms of liquidated volume is Bitcoin, with $146 million worth of orders wiped from the market. Second place in liquidated volume is Ethereum, with $122 million worth of orders liquidated in the last 24 hours.

  • SM Entertainment partners with Binance to launch global play-to-creae NFT ecosystem

    SM Entertainment partners with Binance to launch global play-to-creae NFT ecosystem

    SM Entertainment partners with Binance to launch global play-to-create NFT ecosystem

    On Feb.23, the Korean entertainment powerhouse revealed that their subsidiary SM Brand Marketing (SMBM) has established a strategic partnership with Binance as they begin their venture into NFTs and blockchain markets.

    According to the agreement, the two companies will collaborate to expand their play-to-create (P2C) ecosystem in which users can create games, music, dance and goods on their own.

  • SHIBA INU releases 99,000 plots of land on its metaverse

    SHIBA INU releases 99,000 plots of land on its metaverse

    The developers behind the meme-inspired cryptocurrency SHIBA INU have revealed their plan to release 99,000 plots of land in the Shiberse, the cryptocurrency’s upcoming Metaverse. 35,000 of those plots will be sold to LEASH token holders.

    The Shiberse is set to be released in different phases. As Business Insider reports, the developers behind the project are planning a 10-day sale of digital land where 35,000 plots are set to be sold.

  • Total stablecoin supply hits $180 billion

    Total stablecoin supply hits $180 billion

    According to data compiled by Crypto Rank, despite the current volatile environment, the stablecoin supply has grown by $9.5 billion over the past 30 days, reaching the milestone amount of $180 billion in Feb 2022.

    Over February, three stablecoins entered the top 10 coins by market capitalization, including Tether (USDT), USD Coin (USDC), and BUSD. These three stablecoins account for a total of 9% of the total crypto market cap.

  • Mexico Senator proposes Bitcoin legal tender bill

    Mexico Senator proposes Bitcoin legal tender bill

    Indira Kempis, a senator from the state of Nuevo Leon in Mexico, wants to make her country the second in the world to adopt Bitcoin as legal tender.

    Indira Kempis is working on a proposal for a crypto-friendly legal framework, which is expected to be introduced to the Mexican Congress this year.