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China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

At the Thirteenth National People’s Congress held in Beijing China, the parliament passed a new civil code that protects the civil rights of inheritance, marriage, property, personality, and contract infringement. According to Lixin Yang, a professor at Renmin University of China, the civil code states that “When a natural person dies, the legacy is the personal legal property left by she/he.” Personal legal property in this case also means “internet property” including virtual currencies. Chinese citizens will be able to leave their cryptocurrency and virtual assets to their heirs, coming into effect on January 1, 2021.

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.

Number of Bitcoin Addresses in Loss Is Currently at a 1-Month Low

Number of Bitcoin Addresses in Loss Is Currently at a 1-Month Low

Bitcoin number of addresses in a low is at a 1-month low of 330,817.774

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

Bitcoin Exchange Balances At Two Year Low

Bitcoin Exchange Balances At Two Year Low

A decrease in bitcoin balances on exchanges signals that many investors could be holding for the long-term.

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

ETH’s strong surge continued and rallied above $660, however, the cryptocurrency faced a slight correction and is now trading below $650.

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.

Why Energy Experts are Watching the Crypto Market Closely

Why Energy Experts are Watching the Crypto Market Closely

Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.

Crypto Market Recovers Slightly but Addresses Still in Loss

Crypto Market Recovers Slightly but Addresses Still in Loss

Despite the obvious cryptocurrency gains seen in the market today, the road to full recovery and profit-taking is still far.

Bitcoin Addresses Sent to Exchanges Record a Monthly Low as BTC Hits a 17-Day High

Bitcoin Addresses Sent to Exchanges Record a Monthly Low as BTC Hits a 17-Day High

New data by Glassnode reveals that crypto addresses sending Bitcoin to exchanges have recorded a monthly low. What does this mean?

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

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