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Stablecoin Economy Sheds Another $3 Billion in 44 Days
28.1.2023
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD...
Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250
26.1.2023
Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in the near future. Dent predicts that gold...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports
21.1.2023
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing...
Solana is still in decline, while BudBlockz is on the rise
20.1.2023
Sieving through for the right opportunity can be challenging in a field with hundreds, if not thousands, of projects. Cryptocurrencies are increasingly ushering in a new wave of investment opportunities as the sector tries to bounce back after a roller-coaster in 2022. Solana (SOL) is one project...
Ransomware Variants Are on the Rise, But Overall Gains Decline: Chainalysis
19.1.2023
Victims appear to have become less willing to pay, according to a new report
Bitcoin Erases Entire FTX-Related Decline in Latest Surge
18.1.2023
Wednesday morning gains for the crypto came after soft U.S. economic numbers suggested the possibility for easier monetary policy
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Biggest Movers: ATOM Hits 2-Month High, as XRP Extends Recent Gains
11.1.2023
Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing. Cosmos...
Silvergate in Trouble: Crypto Bank Cuts Staff by 40% Amid a 68% Decline in Crypto Deposits
5.1.2023
Trouble is brewing for crypto bank Silvergate as the company cuts staff by 40% and sells assets at a loss to cover $8.1 billion worth of customer withdrawals. Furthermore, the company's crypto-related deposits saw a 68% decline in the fourth quarter of last year.
According to a Thursday report by...
Binance Led Market Share in 2022 Despite Overall Decline in CEX Volumes
4.1.2023
The crypto exchange dominated the market with about a two-thirds share among 11 leading exchanges
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
1.1.2023
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the...
NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week
31.12.2022
Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers. NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days NFT sales...
Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High
22.12.2022
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to...
3 reasons why BNB price risks another 30% decline by January
20.12.2022
BNB has entered the breakdown stage of its prevailing ascending triangle pattern alongside some negative fundamentals that can push price further down
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,200 to Start the Weekend
17.12.2022
Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial...
Biggest Movers: SHIB Slips to 20-Day Low, DOGE Also Declines
12.12.2022
Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba...
Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
7.12.2022
Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
7.12.2022
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently...
Oryen Network sways investors with 250% price jump during Presale, while Algorand, Solana, and Lido DAO decline sharply
2.12.2022
Oryen Network continues to pump, and early investors look ready to lock in enormous gains at launch. This next-gen staking protocol has left the competition in the dust. And these incredible gains come when even established projects like Algorand, Solana, and Lido DAO suffer a sharp decline. This...
Bitcoin mining revenue lowest in two years, hash rate on the decline
27.11.2022
The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500