Resilient Chinese Crypto Investors Beat Restrictions, Pocket Over $1 Billion In Profits

Categories
china, Crypto, Crypto News, Market Analysis, market trend

Cryptocurrency investors in China have defied government restrictions to emerge as the fourth-largest earners globally in 2023, according to a report by blockchain research firm Chainalysis. Despite the government’s stringent stance on cryptocurrency-related activities, Chinese investors managed to accumulate an impressive $1.15 billion in gains, contributing to a total global crypto earnings of nearly $38 […]

Shiba Inu Army On The Rise: Daily Active Addresses Soar Over 170%

Categories
Altcoin, Market Analysis, SHIB network, Shiba Inu

Remember Doge? Well, move over – another dog-themed cryptocurrency is barking its way back into the limelight. Shiba Inu (SHIB), the Dogecoin-inspired meme coin that took the internet by storm in 2021, is experiencing a remarkable resurgence. But this comeback isn’t driven by mere hype – a surge in user activity suggests a deeper transformation […]

Bitcoin Fever: 99% Of Addresses In Profit As BTC Touches $64,000 – What’s The Next Move?

Categories
Bitcoin, btc, btcusd, Market Analysis, price action

The recent surge in the price of Bitcoin, propelling it to a three-year high, has notably impacted the profitability landscape for investors. According to data from IntoTheBlock, an overwhelming 99.17% of Bitcoin holders find themselves in a profitable position as of the latest market update. This substantial figure indicates a robust market sentiment, with a […]