Bitcoin’s recent surge beyond $27,000 has caused a market reaction that could potentially reshape the Bitcoin landscape. As trading interest decreases, the total Bitcoin held on exchange addresses is showing a significant decrease, indicating a shift in investor behaviour. This could be a sign of growing long-term holding confidence, as investors are transferring their Bitcoin […]
Solana has emerged as a leading favorite among investors, with its 27th week of net positive inflows this year amounting to $5 million. In stark contrast, Ethereum has experienced seven consecutive weeks of outflows, totaling $1.5 million.The previous week saw a reversal in the investment tide, attributed to a surge in price momentum and apprehensions […]
Kraken, a US-based cryptocurrency exchange, has recently seen its most substantial Bitcoin deposit since 2018. This deposit of 14,924 Bitcoin has sparked speculation that the cryptocurrency could break beyond the $30,000 mark, as it has experienced a 5% price increase in the past week.On-chain data reveals that large-volume inflows on renowned exchanges like Kraken have […]
ASICRUN is a technology company based in Hong Kong that is revolutionizing the cryptocurrency mining space with its advanced ASIC miners. The company’s AR1, AR2, and EliteAR miners have taken mining efficiency to unprecedented levels with their high hash rates. The AR1 Miner has a Bitcoin hash rate of 1050 TH/s, Litecoin/Doge 400 GH/s, and […]
Pionex, the world’s leading AI trading bot platform, hosted the largest networking event at Messari’s 2023 Mainnet on September 22nd. The event was attended by over 800+ founders, investors, and venture capitalists, including Polygon, Horizon Labs, Magna, Pantera Capital, Outlier Ventures, and Deep Ventures. The event was organized with the aim of advancing the frontier […]
CryptoQuant’s research suggests that the peak of Bitcoin’s bull market is still far away, providing investors with an opportunity to enter the ecosystem. The interest in BTC has been gradually increasing since June 2021, likely due to events such as BlackRock’s intention to launch a spot BTC in the US and the overall revival of […]
Cardano (ADA) has been making impressive strides in the ever-volatile cryptocurrency market, with its value reaching a month-high of $0.26 on October 2nd. The development team, led by Input Output Hong Kong (IOHK), has been hard at work, with 1,287 active projects and 572 events in its GitHub repositories in September. The team has also […]
Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling. Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its second significant price increase in response to legal developments.The trial in the lengthy lawsuit between Ripple and the SEC is scheduled […]
Six new Ether futures ETFs from fund managers ProShares, VanEck, and Bitwise made their debut on Monday, providing investors with new ways to gain exposure to the second-largest crypto by market capitalization. However, the launch failed to generate much trading activity, with a combined $1.9 million in volume on the first day of trading. The […]
The supply of Bitcoin (BTC) on cryptocurrency exchanges has dropped to a 5-year low of around 2.29 million BTC, according to blockchain data platform Glassnode. This decrease in supply on exchanges has been observed by the behavior analytics platform Santiment, which estimates that the percentage of BTC supply on exchanges has decreased from 5.99% to […]
