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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...
NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn
21.10.2023
Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....
Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%
19.10.2023
Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend
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:...
Ethereum Price Prediction as Recovery May Emerge From $1,500 – Is the Bearish Trend Reversing?
16.10.2023
The Ethereum price has risen by 1.5% in the past 24 hours, with its move to $1,579 coming as the cryptocurrency market as a whole recovers by nearly 2% today.
Despite today's rise, ETH remains down by 2% in the past week and by 9% in the past fortnight, although the altcoin has risen by 32% since...
Banking Scams Overtake Crypto Frauds in Ireland
16.10.2023
Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes this year, with law enforcement authorities having...
Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near?
14.10.2023
Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours.
This brings the overall live market cap of Bitcoin to a robust...
Ethereum Price Prediction as ETH Experiences a 5% Weekly Decline – Is the Bearish Trend Set to Continue?
13.10.2023
Ethereum has dipped again today, with its fall to $1,550 representing a 0.5% decline in 24 hours and a 5% drop in a week that has been largely negative for the cryptocurrency market.
This loss of momentum also means that the ETH price has fallen by 8% in a fortnight and 2% in the last 30 days...
Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend: K33 Research
11.10.2023
Chainlink has positioned itself as a key piece of infrastructure to connect blockchains with the outside world and should profit from crypto’s real-world asset narrative
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
8.10.2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...
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...
October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC
7.10.2023
Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over...
Biggest Movers: BCH Races to 2-Month High, SOL Nears $25
2.10.2023
Bitcoin cash rose to a multi-month high to start the week, as traders pushed the cryptocurrency above a key resistance level. The move came on the heels of the “Uptober” trend, and ahead of a big week of U.S. economic data, headlined by the nonfarm payrolls report. Solana rose to...
$UMM’s Launchpad on LBank Witnesses Over 1000% Surge within the First 30 Minutes
29.9.2023
PRESS RELEASE. In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $UMM on LBank has emerged as a focal point of discussion. UMM’s trading trajectory seems to be on a steep upward trend, marking its territory in the competitive crypto...
Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
28.9.2023
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of...
Dogecoin captivates social media, Shiba Budz catches the attention of other gaming communities
27.9.2023
Recent years have seen a rise in interest in and popularity of cryptocurrencies, with tokens like Dogecoin (DOGE) and Shiba Budz (BUDZ) becoming major participants in their own industries. Social media platforms have been intrigued by Dogecoin, a cryptocurrency that was initially inspired by memes...
EigenLayer’s Sreeram Kannan on the Hot (and Risky) Ethereum Trend of ‘Restaking’
27.9.2023
In an exclusive interview, Sreeram Kannan, the founder of EigenLayer and a pioneer behind restaking, discusses his project's goals as a new landscape for restaking emerges
Bitcoin, Ethereum Technical Analysis: ETH Drops Under $1,600, BTC Consolidates Below $27,000
22.9.2023
Ethereum continued to slip lower on Friday, as the cryptocurrency fell below the $1,600 level in today’s session. Crypto markets have mostly consolidated since the Federal Reserve opted to keep rates unchanged earlier this week, with the global market cap down nearly 1%, as of writing....
XRP bucks trend as crypto assets experience fourth straight week of outflows
11.9.2023
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued
Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak
5.9.2023
Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector.
The overall outflows mainly came as a result of significant outflows from altcoin-backed funds, and in particular those backed by Polygon’s native...