Bitcoin Addresses Growth and Metrics ‘Look Terrible’ – BTC Analyst

Bitcoin’s daily active addresses have halved since BTC’s most recent all-time high of $64,854 Bitcoin whales who sold at the top in mid-April are yet to start accumulating BTC New address growth on the Bitcoin network has dropped to levels last seen in early 2018 All these metrics negate what some traders and analysts have been posting about Bitcoin having bullish on-chain metrics Bitcoin analyst and Founder of Capriole Investments, Charles Edwards, has identified several concerning metrics with respect to BTC’s daily active addresses and the growth of new addresses…

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Ethereum’s Top 10 Whales Keep Accumulating ETH, Now Hold 20% of Supply

Ethereum’s top 10 whale addresses are continually accumulating ETH The Ethereum whales now hold 20.58% of ETH’s circulating supply This is the highest percentage they’ve held since May 2017 2.12% of their holdings was accumulated in the last 41 days Ethereum is once again trading below $2k with $1,700 being a support zone to watch The top 10 whale addresses on the Ethereum network now hold roughly 20.58% of ETH’s circulating supply. This is according to analysis shared by the team at Santiment which also pointed out that the Ethereum…

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France Proposes EU-Wide Cryptocurrency Regulation

France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog, the Paris-based European Securities and Markets Authority (ESMA), instead of national regulators, the Financial Times reported. The French markets regulator, Autorité des Marchés Financiers (AMF), has also called for more regulatory power to be granted…

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NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’

Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after researching inflation. NFL star Saquon Barkley has revealed that he will be converting all of his endorsement money into Bitcoin. Barkley was the 2018 NFL offensive rookie of the year and plays as a running back for the New York Giants — a team that is also sponsored by Grayscale. The 24-year-old explained the rationale for the move earlier today during an appearance on “The Best Business Show”…

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