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Dogecoin whales traded $ 12 billion in one day

Dogecoin whales traded $ 12 billion in one day

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The dramatic rise in the price of Dogecoin (DOGE), which ranks third in terms of market value, coincides with the resurgence of Dogecoin whales due to rising blockchain standards in the past 24 hours.

More than $ 12 billion in Dogecoin was transferred to the blockchain yesterday, according to BitInfoCharts. On that day, only $ 6 billion in ether (ETH) was processed in the Ethereum network.

Prior to the recent jump in Dogecoin due to Reddit pumps and Ilan Mask tweets, the currency had only reached $ 0.01 once in its eight-year history. The sudden increase of 400% of this currency and reaching a price higher than $ 0.30 during the last week, has attracted a lot of attention and has been followed by a review of Dogecoin subreddits.

According to Skew.com analysts, last week the number of new subscribers of this sub-reddit increased in line with the increase in the price of this Altcoin, from hundreds to thousands in one day.

17 April 21 ، 13:11 agreeین ۰ disagreeین ۰
rahathagh/راحت حق

Ripple joins Crypto Climate deal to eliminate carbon in blockchains

Ripple joins Crypto Climate deal to eliminate carbon in blockchains

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Ripple has joined the Crypto Climate Agreement, an initiative aimed at decarbonizing the digital currency industry.

The list of members also includes CoinShares Investment Company and ConsenSys Atrium Development Studio.

These companies will work to ensure that all blockchains are supplied with green energy by 2025. The aim of this initiative is to reduce CO2 emissions to zero by 2040.

Ripple CEO Brad Garlinghaus claimed in a Twitter statement that the crypto renewal was a bold but practical goal.

"It is a big bold goal for crypto to use 100% renewable energy, but it can be done."

For years, Ripple has shown its greenness by showing that XRP is a pre-extracted currency. Last September, the company also partnered with Energy Web.

09 April 21 ، 19:49 agreeین ۰ disagreeین ۰
rahathagh/راحت حق

Transfer of 127 million XRP tokens by Ripple and Bainance Exchange

Transfer of 127 million XRP tokens by Ripple and Bainance Exchange

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In the past 24 hours, Ripple and Bainance Exchange, along with a small exchange, have moved 127.3 million XRP tokens (71,858,922) between their wallets, according to the Whale Alert.

The SEC-battered company transferred 39.1 million XRP tokens to Bainance, and then the same amount of XRP was transferred between Ripple wallets.

As reported by U.Today earlier this week and last week, Ripple has been successful in defending its interests in the legal battle against the US Securities and Exchange Commission, which began in late December 2020. .

The first sign of success is that the federal court has agreed to hold a conference call over Ripple's request to force the SEC to produce documents on the insecurity of Bitcoin and Atrium. This event will be held on April 6 (April 17).

The second step forward is that the XRP Association is now legally allowed to intervene in the lawsuit.

Interestingly, Jay Clayton, the former head of the SEC who took legal action against the company, has now joined the One River Asset Management Fund - which deals with digital currencies including bitcoin and ether.

01 April 21 ، 01:56 agreeین ۰ disagreeین ۰
rahathagh/راحت حق

Weekly Gold Analysis Monday, February 7

Weekly Gold Analysis Monday, February 7

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The ounce of global gold in mid-August 2018, in the form of support hit $ 1160 and started a new bullish rally, so that the price of gold rose to $ 2075 over two years. This is a historic price point for gold. The upward movement of gold stopped after hitting the range of 2050-2075 and then we saw the entry of ounces of gold into the downtrend channel, so that the market moved to the moving average of 50.
The ounce of gold was resisted by $ 1875 and the moving average of 20, which resulted in the market moving to an average of 50. An ounce of gold has returned to the upside after each hit. So in this week's trading, if the 50-day moving average and the $ 1800 trend are turned into support, one can expect the market to return to the 20-day moving average, the $ 1875 level and finally the channel ceiling. The failure of the channel resistance can make the presence of gold buyers in the market more colorful.
But if the ounce of gold breaks the $ 1800 trend and the average of $ 50, the downtrend will pave the way around the $ 1700 trend.

 

Activists and investors in the global gold ounce market are skeptical about the future of the market, according to a weekly assessment by Kitco News. Although the majority of market traders expect the price of an ounce of global gold to rise in the coming weeks, among small investors, supporters of the uptrend are less than 50%.
Meanwhile, the price of an ounce of silver has returned below $ 27 and all growth since the beginning of last week has disappeared. The price of silver has fallen after reaching the highest price of the last eight years. The fall in the price of silver has negatively affected the views and expectations of retail investors. Analysts believe that small investors' pessimism about the silver market has spread to the global ounce gold market. Micro-investors, most influenced by the social network, expected a rapid return to the silver market, and this frustration may spread to the gold market.
This week, 14 Wall Street activists took part in the weekly evaluation of the Kitco site. 64% predict that this week's trend will be an upward ounce of global gold. Another 29% predict that the market trend will be downtrend and another 7% expect the market to be trending or neutral. A total of 1,823 Main Street activists took part in the online poll. 48% are in favor of the uptrend, 31% are in favor of the downtrend and 21% are in favor of the neutral trend.
Kitco's online poll shows that micro-investor pessimism about the global ounce trend has reached its highest level since late November. At that time, the price of an ounce of world gold had fallen below $ 1,800. Last week, professional activists and small investors expected the price of an ounce of global gold to rise. However, the ounce price of global gold fell by almost 2%.

 

07 February 21 ، 13:46 agreeین ۰ disagreeین ۰
rahathagh/راحت حق