Lucas Outumuro News

20.06 / 16:55

markets BTC trends Trade Bitcoin Bitcoin Miner Bitcoin Miner Reserves Drop to 1.90M BTC, Lowest Level in Over 14 Years

Bitcoin miner reserves have reached their lowest level in more than 14 years, falling to 1.90 million BTC as of June 19, 2024. This significant decline marks the lowest point since February 2010, reflecting a trend where miners hold less Bitcoin on their balance sheets.

18.04 / 08:45

Blockchain UPS Ethereum ETH Platform Bitcoin Bitcoin dominance Ethereum Upgrade Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues

Ethereum's highly anticipated Shanghai upgrade, also known as the Shanghai-Capella hard fork, is set to occur on Wednesday. The upgrade will give users access to the $31 billion worth of ether (ETH) staked in the blockchain since December 2020. While the upgrade has been widely hailed as long-term bullish for Ethereum's native token, Bitcoin's dominance rate continues to rise, and concerns among investors have been raised about the potential sell-off of unlocked tokens following the upgrade.

13.01 / 17:31

markets Ethereum Ethereum 2.0 play Ethereum 'shark' accumulation, Shanghai hard fork put $2K ETH price in play

Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors.

22.08 / 23:43

UPS Ethereum ETH Ethereum: What could be the impact of Merge on ETH trading

Ethereum has occupied the center stage of the crypto market since Merge talks came to the fore.

05.06 / 17:03

UPS Ethereum Bitcoin Why the ongoing bear market may be far better than you realize…

Cryptocurrencies have suffered from a brutal sell-off the past few months considering the Terra fiasco. But the last fortnight has been especially bad for investors as they lost a significant chunk of their savings. However, a bearish run is a part and parcel of this niche yet emerging asset class.

30.05 / 12:41

UPS ETH Digital Google The question of why NFTs have taken the brunt of the crypto crash and will it recover

The crypto market has taken huge hits in recent weeks with $500 billion being wiped out of it. The NFT market is among the first ones to take the huge brunt of it. The euphoria around the NFTs has cooled down recently which has opened the floodgates to losses across the board. The NFT sales volume by May has roughly equaled last year’s entire total of $40 billion but there’s a catch.

04.05 / 00:23

UPS Ethereum ETH shock gas fees Amidst Ethereum’s deflationary shock, gas fees reach startling levels

The launch of NFT virtual land deeds for Yuga Labs’ Otherside, based on the Bored Ape Yacht Club- remained the largest NFT drop to date. It yielded over $900 million in total sales volume as a roaring crowd of people showed interest.

20.01 / 00:21

Lowe's FIVE Bitcoin Ongoing macro-inflation trends are likely to affect Bitcoin this way

Bitcoin‘s current price struggles are no secret to the cryptocurrency sector as the top asset continues to bleed red almost three weeks into the new year. It has lost 11% of its valuation over the past month, leading many experts to believe that the bears have settled in.

19.01 / 20:55

Ethereum Platform Action Ethereum and why it has a solid case for a bullish 2022

2021 was undoubtedly a revolutionary one for cryptocurrencies, especially due to the mainstream emergence of decentralized finance (DeFi) and non-fungible tokens (NFT). However, good times don’t last forever. And, many are fearful that this year might not be as lucrative for investors now that signs of a slowdown are evident.

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