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Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
23.10.2023
According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had remained untouched since then. $144M in Bitcoin from 2015...
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...
Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September
22.10.2023
Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number of daily transactions confirmed on the Bitcoin...
Gold Heats Up, China’s Gold-Backed Bond Move, and the 10-Year Treasury Note’s Ominous Rise
21.10.2023
In the turbulent macroeconomic landscape marked by clashes in Ukraine and Israel, and with the Fed’s Jerome Powell alluding to persistent and escalated interest rates, the 10-year Treasury note has soared to 5% — a milestone not seen since 2007. Amid this whirlwind, both gold...
Biggest Movers: SOL Rallies Towards $30, Following 33% Surge in Price
21.10.2023
Solana has undoubtedly been one of this week’s biggest gainers, with price rallying by as much as 33% in recent days. The move comes as the global crypto market cap remained mostly in the green to start the weekend. Chainlink was another big mover, hitting a three-week high. Solana (SOL) Solana...
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
19.10.2023
Since the end of last year, the number installed has dropped 7,000, or 17%
Vitalik Buterin: ‘I Haven’t Sold ETH for Personal Gain Since 2018’
19.10.2023
Vitalik Buterin has dismissed reports that he recently sold his crypto holdings and claimed to have not “sold ether for personal gain since 2018.” Buterin suggested to his followers that the reports often mistake his transfer of digital assets to charitable organizations as sales...
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
18.10.2023
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields
Sam Bankman-Fried’s Digital Footprint Jumps Amid Trial, But Fails to Surpass FTX Collapse Peak
17.10.2023
According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that followed the next month. Trials and Trends:...
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
16.10.2023
Bitcoin cash was a huge gainer on Monday, as the cryptocurrency rallied by as much as 14% in today’s session. The surge comes after Cointelegraph falsely suggested that Blackrock’s bitcoin ETF was approved by the SEC. An apology has since been issued, following the mistaken report....
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
15.10.2023
Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB) experienced a drop of approximately $1.22 billion over...
Biggest Movers: SHIB Hits 6-Day High to Start the Weekend
14.10.2023
Saturday saw shiba inu climb to its highest point since Monday, as bulls made a slight return to the market. The meme coin rose by as much as 4% on Saturday, as the global crypto market cap made gradual gains to start the weekend. Solana was another notable mover, climbing above the $22.00 zone....
Simplex Accelerates VERSE Token and Wider Cryptocurrency Adoption
10.10.2023
Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combines convenience, reliability and security...
Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level
10.10.2023
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September....
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Crypto Products Record $78 Million Inflows, Marks Highest Point Since July: Report
9.10.2023
The digital asset market notches major growth as products see inflows totaling $78 million, its highest week since July.
A new CoinShares market report shows significant growth in the market this week following an increase in investor appetite for crypto products across several jurisdictions.
Per...
First Mover Americas: Crypto Funds See Largest Inflows Since July
9.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto investment products see largest inflows since July: CoinShares
9.10.2023
Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares
The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs
8.10.2023
Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger, as both the volume of inscriptions and associated...
Friend.tech Developers Amass Nearly $20 Million Since August Debut
7.10.2023
The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August.
According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. ...