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On-Chain Data: Short-Term Bitcoin Holders Face Losses Amid Price Decline – Here's the Latest
5.9.2023
The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) for Bitcoin (BTC) has decreased from 1 to 0.9809, indicating less favorable conditions for short-term Bitcoin holders due to recent price declines.
The STH-SOPR measures the profitability of Bitcoin trades involving coins held for less...
Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala
5.9.2023
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are...
Bybit Introduces Tradegpt: AI-Powered Chatbot Offers Real-Time Crypto Market Data, Trading Tips
4.9.2023
Dubai’s Bybit cryptocurrency exchange has unveiled an artificial intelligence (AI)-powered instrument named Tradegpt. The new chatbot can scrutinize the exchange’s existing market data and offer an in-depth price evaluation by employing bitcoin’s current metrics as an example....
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters
4.9.2023
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop...
Crypto Casino Stake Targeted in Reported $40M Exploit
4.9.2023
The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network
Bitcoin futures data hints at $22K as the next logical step
4.9.2023
BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects
Bybit debuts AI-powered 'TradeGPT' for market analysis and data driven Q&A
4.9.2023
Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data
Nigeria Tops Global Crypto Data With 99% Awareness: ConsenSys Report
4.9.2023
A recent survey shows Nigeria as the most crypto-savvy nation ahead of the United States and European countries.
According to a new report from YouGov and ConsenSys, Nigeria’s crypto awareness stands at 99% as the country leads in digital asset knowledge and perceived investment drive....
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What Is EIP-4844? A Look at Proto-Danksharding and Its Effect On Rollup Fees
4.9.2023
Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implementation aims to reduce the transaction fees...
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
4.9.2023
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
Arkham Intelligence Reveals Grayscale’s Ethereum Holdings Across 500 Addresses
2.9.2023
On September 1, Arkham Intelligence, a crypto analytics and data tracking agency, reportedly pinpointed the ethereum (ETH) holdings of Grayscale for its Ethereum Trust. Arkham reveals that Grayscale’s ether stash is spread across 500 distinct addresses. Grayscale’s Ethereum Holdings...
Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day
2.9.2023
The number of verifications for Worldcoin, the biometric digital ID and wallet project, has soared recently in Argentina, reaching a daily signup record in August. According to data provided by the project, Worldcoin verified 9,500 Argentine users in a single day, with only four verification...
Plus: new data, Sea Of Stars hits, here comes Starfield...
1.9.2023
All kinds of things to chat about, this time round
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar
1.9.2023
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
1.9.2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were...
LBank’s PINs IEO Achieves Over 400% Gain in the First Half Hour
1.9.2023
PRESS RELEASE. Data extracted from CoinMarketCap painted a compelling picture of PINS’ trading journey. It started trading at $0.0005 on September 1 and quickly rose to $0.0025 within half an hour, an impressive 4X increase from its IEO valuation. In this IEO on LBank, a total of 34,587...
StarkWare, Herodotus launch tech to verify data from any point in Ethereum's history
1.9.2023
Storage Proofs could prove useful for services like account recovery tapping into the ability to access and verify historical Ethereum data