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Tether’s slowdown in supply points to cooling crypto activity
25.6.2024
As of June 24, Tether’s month-over-month supply has risen by less than 1.5%, down from over 5% in April and May
Bitcoin reclaims blockchain dominance post-BTC halving
21.6.2024
Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume
Layer 1 news: BlockDAG’s 30,000x ROI captivates investors amid Monero & Notcoin’s market struggles
19.6.2024
As the cryptocurrency sector sees fluctuating trends, Monero displays modest gains while Notcoin grapples with market pressures affecting its trading volume. Amidst this, investors are shifting focus to newer, promising projects. BlockDAG, a premier layer-1 initiative, has captivated many with...
Andrew Tate token surpasses MOTHER amid claims of insider activity
13.6.2024
Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online
TON flips ETH in daily active users, but that’s not the full picture
13.6.2024
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
12.6.2024
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence
Bitcoin Runes outperforms BRC-20 in onchain activity
12.6.2024
Since April 2024, Runes have led Bitcoin network activity, outpacing both Ordinals and BRC-20 in transaction share
BlockDAG dashboard shows whales activity surge; Toncoin price surge, and Chainlink market trends in 2024
11.6.2024
As the cryptocurrency realm continues to transform, Toncoin’s record-breaking highs and Chainlink’s optimistic price forecasts are capturing investor interest. Amid these trends, BlockDAG is carving out a significant niche with its newly enhanced dashboard. This upgrade has transformed...
Russia Set to Recognize Bitcoin Mining as Economic Activity
10.6.2024
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would...
Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
9.6.2024
Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark...
Solana surges amid memecoin activity and DeFi
6.6.2024
Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...
Coinbase’s Base Ethereum Layer-2 network sees a rise in activity
5.6.2024
Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation. Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...
Worldcoin suspends Spanish operations amid data protection probe
4.6.2024
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations
Say Goodbye To Destiny 2’s Most Relaxing Activity
3.6.2024
Stop me if you’ve heard this before: it’s fucked up that every year, Destiny 2 rips all of its seasonal content out of the game, never to be seen again. Though time has certainly numbed the pain of the removals, it still stings every year, especially when some of the stuff in Destiny 2’s seasons...
New Iggy Azalea token has 'huge insider activity' — analytics firm
29.5.2024
Bubblemaps claimed that 10% of the MOTHER token supply was sold to a single account, which later dumped most of it at a profit
Iggy Azalea’s MOTHER Memecoin Hit With Insider Activity Claims After Alleged Sahil Arora Scam
29.5.2024
Iggy Azalea’s MOTHER token is already facing claims of insider activity following its debut on Wednesday. The Australian rapper's cryptocurrency launch comes amidst alleged scammer Sahil Arora's IGGY token release, despite Azalea denying involvement in the project.
The post Iggy Azalea’s...
Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals
29.5.2024
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...
Russian Central Bank Flags Sharp Rise in Crypto-related Activity
27.5.2024
The Russian Central Bank says it has noticed a rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms.
The post Russian Central Bank Flags Sharp Rise in Crypto-related Activity appeared first on Cryptonews
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...
Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning
25.5.2024
Bitcoin whales have shown an increased appetite for accumulating more coins, signaling a return of confidence in the bull market, as per blockchain data.
The post Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning appeared first on Cryptonews