The quantity of Bitcoin held by private corporations increased significantly during 2021, compared to the previous year. The amount of BTC held by public companies has gained significant market share since February 2021. On Monday, on-chain analyst Willy Woo tweeted that public companies holding “significant BTC have gained market share from spot ETFs as a…
Over $7.7 billion was stolen in crypto scams worldwide in 2021, or an 81% rise compared to 2020, the Chainalysis report said. Including rug pulls in the DeFi ecosystem accounted for over $2.8 billion stolen, or 37% of all cryptocurrency scam revenue, compared to 1% the year before. According to a new report by blockchain…
A meme-coin named after tech billionaire Elon Muk’s dog surged more than 18,000% in value after the Tesla CEO posted a photo of his dog on Twitter. According to CoinMarketCap data, Santa Floki cryptocurrency – named in a Christmas-themed reference to Musk’s Shiba Inu canine, was up in total above 18,000% over the next 48…
Shiba Inu outperformed Bitcoin and Ethereum to become the most viewed cryptocurrency in 2021 on the CoinMarketCap crypto data aggregator, with 188 million views. Dogecoin was ranked in the 3rd position among the most viewed cryptocurrencies in 2021 with 107 million views, followed by Cardano and Ethereum with 86 million views and 81 million views,…
Bitcoin plunged along with other cryptocurrencies on Saturday, which is another indication of the risk aversion sweeping across financial markets. The biggest cryptocurrency was down about 18%, the largest one-day loss since September. Bitcoin was trading at $46,743 by 11:30 GMT on Yahoo Finance on Saturday, down 18% on the day. It was the largest…
Over the weekend, a DeFi token with the same name as the new ‘Omicron’ Covid-19 variant surged 1,100%. OMIC hit an all-time high on Monday of $689, according to CoinGecko, but loses about 75% value overnight. The buzz over the latest Covid-19 variant, Omicron, is not over, but the euphoria over the token named after…