Crytocurrency
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Market Analysis -
1 year ago
Author and investigative reporter Annie Jacobsen tackled the questions of whether Bitcoin is part of a counter-cultural dissident movement and whether cryptocurrency been infiltrated by the CIA during a recent episode of the Bankless podcast hosted b...
Crytocurrency
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Market Analysis -
1 year ago
Bitcoin layer2 (L2) network Stacks (STX) neared $1 during the last 24 hours after it rose by 27% to $0.95 as of press time, according to CryptoSlate’s data.
The L2 token has enjoyed renewed interest from community members following the increase...
Crytocurrency
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Market Analysis -
1 year ago
NEM posted an 86% upswing on the daily candle to hit a price of $0.0772 — a level not seen since May 2022.
The 30-minute chart below shows buyers came in around noon GMT to send XEM significantly higher. 24-hour volume data currently comes in at $32...
Crytocurrency
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Market Analysis -
1 year ago
The crypto industry has yet to exit a period of heightened volatility as asset outflows remain the dominant market trend.
Despite its slowly rising price, Bitcoin saw outflows for the third week in a row. Data from CoinShares showed that the outflows...
Crytocurrency
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Market Analysis -
1 year ago
Binance USD’s (BUSD) supply shrank by 18.2% — roughly $2.27 billion — over the last seven days to $10.84 billion, according to CryptoSlate’s data.
The massive redemptions have seen the stablecoin drop out of the top 10 cryptocurrencies by...
Crytocurrency
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Market Analysis -
1 year ago
Tencent, the Chinese multinational conglomerate headquartered in Shenzhen and owner of the popular everything app WeChat, hosted an event last week at the Fullerton Hotel in Singapore meant to draw attention to the company’s increasingly large portfo...
Crytocurrency
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Market Analysis -
1 year ago
The total market cap of Reddit’s collectible avatar NFTs exceeded $36 million, according to a BestBrokers report published Feb. 22.
Over 10.6 million NFTs have been minted since the project launched seven months ago, according to the report.
Co...
Crytocurrency
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Market Analysis -
1 year ago
Bill Qian, the former head of venture capital investments and acquisitions at Binance Holdings Ltd., says he aims to raise over $100 million through a new crypto venture capital fund.
Qian told Bloomberg he sees a need for significant user growth as...
Crytocurrency
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Market Analysis -
1 year ago
Digital-asset-based investment products recorded $32 million of outflows between Feb. 13 and Feb. 19, according to a recent CoinShares report.
Bitcoin (BTC) investment products saw $24.8 million in outflows in the same timeframe, according to the Coi...
Crytocurrency
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Market Analysis -
1 year ago
A new chart looking at Ethereum gas usage by transaction type relative to a 30-day moving average shows that NFTs now make up for 27% of ETH gas usage, up from around 15% towards the end of 2022.
Ethereum gas usage by transaction type (Source: Glassn...
Crytocurrency
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Market Analysis -
1 year ago
Amidst the rapid evolution of the high-tech and ever-evolving landscape of Bitcoin mining, an intriguing discovery has emerged from one of the industry’s leading Bitcoin energy researchers.
According to Daniel Batten, an independent researcher...
Crytocurrency
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Market Analysis -
1 year ago
Binance is responsible for almost all Bitcoin (BTC) spot trading — with over 98% of transactions passing through the centralized exchange between Feb. 18-19.
Binance’s $6.8 billion dollar volume dominates others in the market — a trend that has...
Crytocurrency
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Market Analysis -
1 year ago
Bitcoin has broken above $25,000 on Binance for the third time in three days, defying broader market trends and continuing its bullish run into 2023.”
Bitcoin reached a local high of $2,050 over the weekend before retracing slightly to $24,880,...
Crytocurrency
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Market Analysis -
1 year ago
The introduction of the Ordinals Protocol, which enables the development of Bitcoin-based NFTs, has coincided with significant changes to mempool activity and transaction size, new data by CryptoSlate and Glassnode show.
What are Bitcoin Ordinals?
Th...
Crytocurrency
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Market Analysis -
1 year ago
After a rough year, January was the most favorable month for the crypto market. While most of what can be said apply to other bullish cycles, several statistics made January highly interesting in the blockchain space.
For example, while altcoins ten...