Dublin, Ireland – March 1st,  2022 — The Algorand Foundation is delighted to welcome Defactor to the Algorand

The post Defactor Award Algorand Foundation Grant To Expand DeFi products on Algorand appeared first on Crypto-News.net.

Record GAAP and Adjusted Revenue for Fourth Quarter and Full Year 2021 Fourth Quarter $286 Million GAAP Revenue Up 67%, $280 Million Adjusted Revenue Up 54% Year-over-Year Fourth Quarter Adjusted EBITDA of $5 Million Positive for 6th Straight Quarter Record 523,000 Quarterly New Member Adds Up 39% Sequentially Record 906,000 Quarterly New Product Adds Up […]

The post SoFi Technologies Reports Fourth Quarter and Fiscal Year 2021 Results appeared first on Fintech News.

While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active in 2015-2017 remain unsold. The holders of Ethereum supply who last moved their crypto five and seven years ago, i.e. in 2017 and 2015, have achieved a three-month high, according to Glassnode. This supply presently stands at 7,666,690.968 ETH ($21,557,791,247). 📈 #Ethereum $ETH Amount of Supply Last Active 5y-7y just reached a 3-month high of 7,666,690.968 ETH View metric:https://t.co/IEN283QP0E pic.twitter.com/8HecOSXB3G — glassnode alerts (@glassnodealerts) February 28, 2022 Related Reading | New Crypto Security Solution Protects Bitcoin, Other Digital Assets From Theft Small Addresses Continue To Accumulate Despite the fact that the price of Ether (ETH) has risen over 20% from its February 22 low of $2,300, data from derivatives suggests that investors remain wary. Ether’s price has dropped by 24% this year, and critical overhead resistances lie ahead. High network transaction costs have been Ethereum’s most pressing issue, and investors are growing concerned that this will continue to be an issue even after the network’s long-awaited enhancements are implemented. ETH/USD trades at $2.9k. Source: TradingView Smaller investors have been accumulating Ether in increments of 0.01 ETH, 0.1 ETH, 10 ETH, and 32 ETH, according to Glassnode. The number of wallets holding these amounts of Ethereum has reached new highs – 0.01+ coins – 21,929,193 ATH, 0.1+ ETH – 6,960,421 ATH, 10 ETH+ – 280,792 coins – one-year high. 32 ETH+ – 107,876 ETH+ – one-month high. 📈 #Ethereum $ETH Number of Addresses Holding 32+ Coins just reached a 1-month high of 107,876 Previous 1-month high of 107,860 was observed on 23 February 2022 View metric:https://t.co/rkRWanL3OS pic.twitter.com/4KA8lTQ5Vc — glassnode alerts (@glassnodealerts) February 28, 2022 Related Reading | TA: Why Bitcoin Must Close Above $40K For Trend Reversal Featured image from Pixabay, chart from TradingView.com

BTC dominance can directly affect altcoins by displaying the market’s trading volume in BTC vs. altcoins.

The post Whale Accumulation: Traders Are Betting on LINK and ADA During the Dip! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On Sunday, the global cryptocurrency market worth fell 2.6 percent to $1.83 trillion as a result of the Ukraine-Russia situation. Bitcoin, like other economies, plummeted following Russia’s invasion of Ukraine. However, during the next two days, BTC and altcoins recovered, resulting in a significant upward movement. Even though certain coins have returned to the red …

Metaverse land has steadily maintained value even during a brutal bear market for crypto.

With the recent rise in tensions between NATO and Ukraine, ETH’s weekly losses have increased by 17%. Ethereum has been on quite the roller coaster ride over the last 24 hours, with prices dipping as low as $2500 before surging up to a local high of 2,653 USD. However, at press time, it is trading…

The post Ethereum Price Falls Amid Global Tensions appeared first on Bitcoin News Miner.

This year’s cryptocurrency markets have seen a lot of activity. The first surge in the price of bitcoin attracted new investors, who in turn pushed the market to new highs. Cardano is a proof-of-stake blockchain with smart contract capabilities that is open source. Thus, developers can create decentralized apps and make them worldwide accessible via...

The post Description of Cardano and ADA: Why is it important? appeared first on Cryptoverze.

A BTC hash rate explodes to new highs of 248.11 EH/s jumping by 31.69%  in one day further ensuring resilience against the attacks on the network so let’s read furhter in today’s latest Bitcoin news. The Bitcoin network recorded a new hash rate high as of today and it furhter secured the decentralized ecosystem through […]