Bitcoin Updates: Price, HODLer All-Time-High, Liquidations, Hashrate, Investments
In regards to the recent bull run, the market has faced some degree of correction. Cryptos went into the red, and Bitcoin fell short of reaching the $1 trillion market cap and failed to stay above the $50,000 mark this time. However, eyes are glued to other readings as well.
The most impressive thing is the long-term HODLer supply, which has already hit an all-time-high. The previous peak was 12,656,092 BTC, which occurred in October of last year. The number later reached its lowest point of 10,903,459 BTC in March. The supply is now at 12,656,092 BTC.
Meanwhile, the hashrate is making a recovery since the China crackdown’s impact. This means that miners are returning to normal numbers. Today that number almost reached 150TH/s, which is an impressive recovery considering its previous drop to below 70TH/s. Additionally, Bitcoin liquidation charts have shown stable positions at around the $100 million threshold for the last several days.
Michael Saylor’s MicroStrategy bought 3,907 bitcoins for roughly $177 million. Which means that its holdings now amount to $5.3 billion.
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Kraken Updates: $250,000 Donated to Ethereum 2.0 Developers, Claims for European Licensing
Flipsider:
The World’s First Intelligent NFT Creator Funded to Build iNFT Metaverse
Software developer Alethea AI has raised $16.9M in order to create an intelligent NFT metaverse. The firm aims to evolve and build a metaverse of “fully interactive, engaging and autonomous” NFTs.
Earlier this year Alethea AI released the world’s first AI-based “intelligent NFT” (iNFT) Alice, which was able to engage in conversation with humans. Alice iNFT was later sold for almost $500K on Sotheby’s.
Big names like Mark Cuban, Alameda Research, Galaxy Interactive, Dapper Labs, Gemini Frontier, Meltem Deminors and Haseeb Qureshi are among the investors.
Flipsider:
Philippine Government to Tax Axie Infinity Players
The Philippine Department of Finance is set to charge Axie Infinity players income taxes on their digital pets, ‘Axies.’
Axie Infinity is a play-to-earn online game that allows gamers to have ownership of their in-game assets. During the pandemic, the Philippines stormed into the game, growing Axies, trading them online, and even earning more than they had in their real-life jobs.
Axie Infinity’s (AXS) price skyrocketed by more than 2140% within the past two months.
Flipsider:
NFT updates: Facebook, Galaxy “Shadowy Super Coder,” Firework Artist’s 2nd NFT, Fetch.ai
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Source: Cryptocurrency - investing.com
