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Richest Ethereum Whales Accumulating Two Surging Altcoins As Top Wallet Buys $15,000,000 Worth of Polygon (MATIC)

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The richest Ethereum whales across the globe are gobbling up two surging altcoins at a rapid rate as most of the crypto market continues to sputter. WhaleStats reports that in the past week the top 1000-largest Ethereum addresses have purchased Polygon (MATIC) and Chainlink (LINK) more than any other crypto assets after Ethereum (ETH) and
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Bitcoins’ Circulation and Address Remain Underwhelming

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In 2022, Bitcoin (BTC) is experiencing a period of calm because of decreased utility on its network. Market insight provider Santiment explained: “Bitcoin isn’t getting a ton of utility to kick off January, & it’s noticeable in mild declines for BTC circulation (unique daily tokens moved) & active addresses (addresses transacting on network).” Source: Santiment BTC
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Crypto Regulation Remains to Unfold in 2022

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As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list. Jeffrey Wang, head of Americas for the Amber Group, said that regulation is the major overhang for crypto and blockchain, and it could continue to put pressure on cryptocurrencies. However, Wang
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Crypto Markets See Record Capital Outflows As Institutional Investors Weary of Interest Rate Hikes: CoinShares

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Institutional investors are remaining bearish on the crypto markets, resulting in digital asset investment products seeing record outflows to start the new year. According to digital asset manager CoinShares, crypto investment products reached a new weekly record outflow of $207,000,000 last week. “Digital asset investment products saw outflows totaling a weekly record of US$207m.  This
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Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins

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Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, but fresh comments from U.S. Federal Reserve chair Jerome Powell appear to be providing a boost to markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin squares off at support According to Powell,
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Ethereum (ETH) To Be Used in More Than Half of All Financial Transactions in 10 Years: Pantera Capital CIO

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Ethereum (ETH) isn’t likely to be threatened by other smart contract platforms, according to Joey Krug, the co-chief investment officer of digital asset investment firm Pantera Capital. In a new interview, Krug says that as long as ETH can successfully transition to proof-of-stake, other smart contract platforms will likely have to rely on Ethereum as
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