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Ethereum Transaction Fees Climb 219% in 3 Weeks as Onchain Crypto Transfers Become Pricier
12.11.2023
Over the last three weeks, the transaction costs for bitcoin (BTC) have climbed sharply, reaching a peak of $15 per transfer just three days ago. Similarly, the cost to transfer ethereum (ETH) has jumped significantly. In the span from October 22 to November 12, 2023, the average fee for ethereum...
The Solana Price Has Rallied More Than 50% In The Last Week – Here’s Why
1.11.2023
The solana price has climbed sharply this week, rallying over 50% in a matter of days. The cryptocurrency rose to as much as $46.97 around 2:45 p.m. EST, according to Coinbase data provided by TradingView. This price compared to the value of roughly $31.26 it fell to on Saturday, additional...
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
17.7.2023
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $30,000...
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....
Bitcoin Bounces Sharply From 50DMA, Reclaims $28K – BTC Bulls Eye Retest of These Key Upside Levels
26.4.2023
The Bitcoin (BTC) price has shrugged off concerns about sudden movements in long-term dormant wallets, as well as ongoing regulatory uncertainty with Coinbase now suing the US SEC for a lack of clarity on crypto rules, and posted a strong rebound back to the north of the $28,000 level for the first...
Net losses from crypto theft down sharply in Q1 2023 at $322M: Report
31.3.2023
A report from app provider De.Fi showed losses from theft down in Q1 2023 compared to last year, along with recovery of funds; Euler accounted for a huge share of both
Bitcoin Volatility Expectations Fall Sharply After BTC Price Failure to Break $25K
28.2.2023
This time last week, Bitcoin looked like it might be on the verge of mustering a key short-term bullish breakout. The world’s largest cryptocurrency by market capitalization had formed a bullish short-term ascending triangle pattern and looked like it was about to break above the key $25,200-400...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
17.2.2023
Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also dropped, after breaking into the $1,700 level on Thursday....
Crypto-related enforcement actions by US states rose sharply in 2022: Report
2.2.2023
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins
Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply
30.1.2023
The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100%...
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...
South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools
19.1.2023
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is still low, the risks posed by crypto to the country’s financial stability could increase...
Bitcoin's Modest Rally Sends Crypto-Related Stocks Sharply Higher
9.1.2023
The crypto mining sector is posting the largest gains in Monday trading
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...
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
15.10.2022
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin,...
Bitcoin Price and Ethereum Reverse Sharply, Key Support Nearby
28.9.2022
Bitcoin price attempted a strong increase above the $20,000 resistance zone. BTC failed and declined sharply below $19,000. It is currently (03:10 UTC) showing bearish signs, but it is testing a major support at $18,500.
Similarly, most major altcoins started a steady decline. ETH broke the $1,300...
Americans See Inflation Plunging Next Year, New York Fed Survey Finds
8.8.2022
Respondents to the New York Federal Reserve survey expect inflation to run at 6.2% in 2023, which is down from last month’s survey
Bitcoin Briefly Dips Below $19K, Ether Drops Sharply After US Inflation Report
13.7.2022
Total crypto market capitalization has dropped almost 2.5% in the past 24 hours
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
7.7.2022
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...