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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
Bitcoin sees new 4-month high as US PPI, retail data posts 'big misses'
18.1.2023
A further boost to crypto markets precedes the Wall Street open, but order books are warning of "fading" upside
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
18.1.2023
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week
Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters
18.1.2023
Transactional activity can serve as a predictive indicator of forthcoming investor interest in any blockchain ecosystem
Cardano (ADA) trading volume surges 70%, Orbeon Protocol (ORBN) skyrockets 987% in the presale
18.1.2023
The crypto market is heating up, with Cardano (ADA) and Orbeon Protocol (ORBN) leading the charge. Cardano’s trading volume has recently surged by over 70%, proving it’s a force to be reckoned with. But it’s Orbeon Protocol (ORBN) that’s truly setting the market ablaze with...
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
16.1.2023
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about...
13% of BTC supply returns to profit as Bitcoin sees 'massive' accumulation
12.1.2023
The significance of Bitcoin's weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysis
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
9.1.2023
The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts
D2T sees a remarkable $14 million-plus before its 1st listing on exchange
9.1.2023
Dash 2 Trade, a crypto bot, signal, and crypto analytic platform, has raised above $14 million in its presale. However, the value is still increasing, and traders or investors can still buy D2T tokens before its first CEX listing on Wednesday, 11 January 2023. Trading with D2T tokens will start...
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
6.1.2023
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank....
Block Manager Sees Self-Custody as Future of Crypto Post-FTX
6.1.2023
Live from CES 2023 in Las Vegas, the software development company is standing firm on why crypto’s future will be based on self-custody following the implosion of FTX
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
6.1.2023
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating...
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
6.1.2023
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level...
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Nonfarm Payrolls
6.1.2023
Some traders have been buying downside protection in bitcoin and ether, while others building strategies that profit from a big move in either direction, experts told CoinDesk
Solana blockchain’s SOL sees an increase of 36.5% with 2023’s arrival
6.1.2023
The Solana blockchain’s SOL has suddenly witnessed an enormous jump to the tune of 36.5%. This, however, is being attributed to the growing interest and inclination towards BONK, which happens to be a newly introduced meme coin. This meme coin was airdropped to persons connected with the Solana...
Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review
1.1.2023
Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals higher. In other news, the crypto community has been curious about the former Alameda Research co-CEO Sam Trabucco, and his whereabouts, as the guilty plea...
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
30.12.2022
The last week of 2022 didn't turn out to be a good one as the industry recorded multiple exploits and an exit scam scare
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
24.12.2022
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have...
Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023
23.12.2022
CoinFund’s David Pakman talks FTX, DeFi and the way forward