THE DAILY ENCRYPT

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Bitcoin On-Chain Metrics Bleed As Price Continues To Climb

Bitcoin remains on an upward trend after breaking through $40,000 once again. However, this upward trend has not translated onto on-chain metrics. While the price of the digital asset continues to sit in the green, on-chain metrics have plummeted paining an entirely different picture in relation to price. From miner revenues to transaction fees, the

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Digital Rewards/Points Services: How Nexus Fits In

Customer loyalty is highly prized in today’s market. With fierce competition among retailers, companies want to not only retain and reward consumers but also keep their brand relevant and the recognition of the brand in their customers’ minds. As customer-centric business models become the standard, loyalty programs are a strategic investment that businesses cannot afford

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Bitcoin Touches Above $40K For Third Time In 2022, Where Does It Go From Here?

Bitcoin has had an eventful 2022 so far and it is only two months into the year. While mostly recording downtrends in these past two months, there have been some notable recoveries that have put it above $40K. For the two previous times, the digital asset had been unable to hold above this level. Will …

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Data Show Rubble-Denominated Crypto Pairs Are Spiking

Russian rubles are now flooding into Tether, while rubble-denominated crypto pairs are on the rise on major crypto exchanges. Between February 20 and February 28, Bitcoin volume surged by 243%, from 522 to 1,792 BTC traded via Binance’s BTC/RUB combo. A Russian government study claimed Russians held 2 trillion rubles ($20 billion) in cryptocurrencies. Related …

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Lucrosus Capital CEO Piotr Barbachowski Explains the Benefits of Decentralized Venture Capital

Lucrosus Capital is the first gamified Decentralized Venture Capital (DeVC) providing institutional benefits to individual investors through its own token. Tokenization allowed this project to truly make investing decentralized. Due to the application of unique blockchain features, investments will be accessible with basically no threshold as well as will be anonymous. Everyone who holds the