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Almost 70 percent of Ethereum addresses are at a loss, but HOLDing is at an all-time high

Nearly 70 percent of Ethereum holders are holding at a loss, suggesting the second-largest cryptocurrency by market capitalization could face significant sell pressure on the way to reclaiming previous highs. Approximately 68 percent of Ethereum addresses are “out of the money” according to the crypto analytics platform IntoTheBlock, denoting addresses with an average purchase price […]

Almost 70 percent of Ethereum addresses are at a loss, but HOLDing is at an all-time high

Crypto community reacts to Chinese President Xi Jinping’s endorsement of blockchain

The endorsement of blockchain by Chinese President Xi Jinping created a gargantuan knock-on effect that will dramatically increase the technology’s penetration in China, reports cryptocurrency investor and Primitive Ventures founding partner Dovey Wan. Blockchain goes mainstream in China On Friday, Oct. 25, Chinese state media outlets reported that President Xi called for the adoption of […]

Crypto community reacts to Chinese President Xi Jinping’s endorsement of blockchain