The year 2018 may not have been a great year for many of the Cryptocurrency traders. However one thing is for certain, the year has led to higher holdings of Cryptocurrencies. Whether it be Bitcoin or Ethereum, both have been seen a rise in holdings, especially from whales. Whales are defined in Cryptocurrency slogan as...
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Chainalysis Proves Bitcoin Whales Not Fully Responsible for Volatility
Blockchain research firm, Chainalysis proved that Bitcoin whales are not responsible for the price volatility. Bitcoin whales are referred to as big money Bitcoin (BTC) players who have the power to control the Bitcoin market. Examination of the 32 largest BTC wallets were studied. Together the 32 wallets hold 1 million BTC. The study revealed-...