Tuesday, April 07, 2020 6:40:40 AM
Bitcoin has gone up to $7,000
BTC price today has gone over the mark of $7,100 —over the past 24 hours, cryptocurrency has strengthened by 5%.
Since March 13, bitcoin has grown in price by more than 80%. Most of the crypto assets from TOP-20 also added in value: Stellar (11.69%), TRON (9.51%) and Ethereum (6.42%) have demonstrated the highest growth.
Earlier we noted that the capitalization of the USDT stablecoin exceeded $6 billion for the first time. A number of analysts attribute the increase of the number of Tether tokens to the rise in bitcoin price.
ETH exchange balance reaches its maximum since 2016
Since the end of last year, the volume of ethereum stored on trading platforms has increased by 21% to 18.187 million ETH.
According to Glassnode, this is the highest level since December 2016 and it accounts for 16% of all circulating coins. Interestingly, the indicator is inversely correlated with the price of ETH. Thus, for 12 months from December 2016, Ethereum has risen in price from $6 to $ 1,350 — at the same time, the cryptocurrency exchange balance has decreased from 18 to 8 million coins.
On March 13, the ETH price fell to $95, which was the lowest since December 2018. Now the coin is trading near the $154 mark.
Recent EOSUSD News
- EOS Network Significantly Upgrades With One-Second Transaction Finality • The Daily Hodl • 09/25/2024 04:57:46 PM
- Ripple Chairman Chris Larsen Endorses Kamala Harris for President in New Letter With American CEOs: Report • The Daily Hodl • 09/08/2024 06:45:34 PM
- JPMorgan Chase Customers Extract Cash From ATMs Using Supposed Bank ‘Glitch’ – And Immediately Regret It • The Daily Hodl • 09/01/2024 02:30:52 PM
- Whatever happened to the 10 biggest projects from the ICO era? • Cointelegraph • 08/24/2024 01:01:00 PM
- Circle CEO Jeremy Allaire Unveils ‘Extraordinary’ Long-Term Crypto Prediction – Here’s His Outlook • The Daily Hodl • 08/04/2024 02:30:28 PM
- Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary • Cointelegraph • 07/23/2024 04:06:33 PM
- Artificial Intelligence (AI) Deepfake Video Scams Steal $273,350 From Three Men: Report • The Daily Hodl • 07/14/2024 06:45:41 PM
- How Luma AI turns crypto memes into viral videos • Cointelegraph • 07/08/2024 01:59:00 PM
- Here’s Why Tether Has Ceased Minting USDT On EOS And Algorand • ZyCrypto • 06/26/2024 04:47:04 PM
- Stablecoin Issuer Tether Discontinues Support for Algorand (ALGO) and EOS Implementations • The Daily Hodl • 06/24/2024 10:01:08 PM
- Bitcoin Drops to $60,000, Mt. Gox to Reimburse Creditors in July, Riot Platforms Board Restructures • IH Market News • 06/24/2024 07:09:18 PM
- Tether halts USDT minting on EOS and Algorand • Cointelegraph • 06/24/2024 12:55:20 PM
- AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger • NEWSBTC • 06/21/2024 07:00:30 AM
- Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030 • NEWSBTC • 06/14/2024 03:00:59 AM
- Cryptocurrency Ownership Hits 6.8% Globally; Japanese Exchange Suffers $300 Million Theft, and More in Crypto • IH Market News • 05/31/2024 09:16:17 PM
- EOS Network unveils new token model with fixed supply of 2.1 billion tokens • Crypto Briefing • 05/31/2024 07:41:07 PM
- EOS Network approves new tokenomics, promises ‘new era’ • Cointelegraph • 05/31/2024 03:44:05 PM
- Keeping Up With The Memecoins: Caitlyn Jenner’s New Token Surges 50,000% Amid Controversy • NEWSBTC • 05/27/2024 10:00:53 PM
- ‘I’m Fine With It’: Donald Trump, a Former Digital Asset Skeptic, Continues To Court the Crypto Vote • The Daily Hodl • 05/10/2024 06:45:14 PM
- Render Soars 50% In 1 Week: Whales Accumulating As Apple Jumps In • NEWSBTC • 05/09/2024 01:00:54 AM
- Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong • Cointelegraph • 05/08/2024 11:47:21 AM
- Biden’s Homeland Security team taps tech elite for AI defense board • Cointelegraph • 04/26/2024 07:55:47 PM
- SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud • Cointelegraph • 04/26/2024 05:49:09 AM
- Raise a Glass to ENO: ENO’s New Era of Wine, NFTs, and Social Connectivity • NEWSBTC • 04/25/2024 06:08:36 PM
- Healix Protocol’s HLX Token Presale Soars as Former Crypto Giants Return • ZyCrypto • 04/09/2024 02:39:13 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM