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Today’s Cryptocurrency Headline
Tech giant Microsoft has partnered up with Web3 infrastructure provider Ankr to provide node services for businesses that need access to blockchain data. The two companies will collaborate on a new node hosting service on the Microsoft Azure cloud marketplace, offering tailored memory and bandwidth specifications for blockchain nodes. After this cooperation, developers will be able to develop decentralized applications on Ankr’s RPC and middleware platform to meet their scaling needs through Microsoft’s cloud platform.
BingX’s Bitcoin Chart
Source: TradingView & BingX
According to Glassnode, the number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. Bitcoin is down 3.67% over the last 24 hours and fell to an intraday low of $23,855.55. The largest cryptocurrency rose to $25,250 on Tuesday, but the price was unable to sustain above $25,000, suggesting the bears have defended the level successfully. The rising moving averages and the RSI above 65 indicate that bulls are in control. If the BTC/USDT pair sustains above $25,000, the BTC/USDT pair could rise to $28,000.
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