Chainlink’s Price Could Benefit from a Dormant Social Sentiment

In brief: Social media discussions surrounding Chainlink have been dormant since mid-February This might be a good thing as digital assets usually rise in price when there is no crowd excitement However, Chainlink’s active addresses are declining alongside deposits to crypto exchanges The number of Chainlink whales with 10k LINK or more has also been on the decline Chainlink is currently battling to maintain the $25 price area The digital asset of Chainlink is currently undergoing a dormant phase in terms of social media discussions. This is according to data…

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BTC Addresses Hodling 1 BTC or Less Have Been Stacking Since Mar. 2018

In brief: Bitcoin investors holding 1 BTC or less have continued to accumulate sats since March 2018 This group of Bitcoin investors has weathered the volatility for 3 years and now own 5.2% of Bitcoin’s supply Holders with 0.1 to 1 BTC increased significantly after the Coronavirus dip of March 2020 Bitcoin holders owning 1 BTC or less, have been continually stacking sats since March 2018. This is according to a recent report by the team at Glassnode that also highlighted that this category of investors now owns 5.2% of…

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Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges

The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting Its Competitors to Conduct the Research According to the Busan.com news outlet, the bank researches how these financial institutions deal with the crypto exchanges amid the forthcoming regulation. As the banks provide fiat services to the crypto businesses, the legislation set to promulgate…

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Bitcoiners love dogs, gold bugs prefer cats — Important new research

Research has revealed crypto investors are more likely to be ‘dog people’ while gold investors are more likely to be ‘cat people’. New research from US crypto exchange Xcoins suggests gold investors are pretty evenly split between men and women, but men dominate the ranks of crypto investors by a significant margin. The data also revealed that “gold investors are more likely to own a cat than cryptocurrency holders (45% to 38%), while cryptocurrency holders tend to be ‘dog people’ (43% to 38%).” Xcoins’ research used Global Web Index data…

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