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Bitcoin 'dormant' for 7+ years moved right before BTC price dropped 5%
1.4.2022
More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision
27.3.2022
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft...
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
23.3.2022
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners
18.3.2022
During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token exchanged hands for $10.36 per coin, but dropped more than 40% to $6.21. Since the token’s all-time...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’
6.3.2022
While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke...
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
5.3.2022
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
5.3.2022
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency...
Technical Analysis: ANC Captures Friday’s Largest Gains, as WAVES up Nearly 100% in the Last Week
4.3.2022
Anchor protocol and WAVES were some of Friday’s biggest gainers, as crypto markets mainly traded lower at the end of the week. At the time of writing, the global cryptocurrency market cap has dropped over 4%, with GALA and MKR, the day’s biggest decliners. WAVES WAVES extended...
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days
27.2.2022
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78%...
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
25.2.2022
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales...
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
Bitcoin, Ethereum Technical Analysis: ETH Finds Temporary Support, After Hitting 3-Week Low
22.2.2022
Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure. Bitcoin The selloff in BTC momentarily eased on Tuesday, as global markets continued to closely monitor...
Bitcoin, Ethereum Technical Analysis: ETH Remains Below $2,800 to Start Weekend
19.2.2022
Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January
13.2.2022
The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer. Ethereum Fees Slide...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 to Start the Weekend
12.2.2022
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Following a surge to a high above $45,000 to start the week, bitcoin prices fell for a third...
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
3.2.2022
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187...