How soon can AVAX reach $100? Decoding the altcoin's rise

Data from the derivatives market showed that shorts dominated the positions. A golden cross on the daily chart suggested an increase to $60 in the near term. Avalanche's [AVAX] price increasThe post How soon can AVAX reach $100? Decoding the altcoin's rise appeared first on AMBCrypto. дальше »

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WBTC address poisoner sends nearly all funds back to victim after negotiations

Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.

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Ethereum transaction fees hit record low as Layer-2 networks siphon activity

The average transaction fee on Ethereum has reached record lows as more activity moves to the Layer-2 (L2) networks on the chain. According to Ultrasound. money data, the average gas has dropped to 4. дальше »

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XRP Price: 'Sleeping Giant' About to Awaken, Expert Predicts

Upcoming inflation data could awaken 'sleeping giant,' propelling XRP price higher дальше »

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Crypto Whale Deposits Massive Tellor Holdings on Coinbase Amid TRB Price Surge

A crypto whale identified as 0xeb1 has made a substantial deposit of 10,486 Tellor (TRB) tokens, valued at approximately $1. 38 million, to the Coinbase exchange. This move comes amidst a surge in the price of TRB, which has witnessed a 131% increase over the past week, as per data from onchain analytics firm, Spotonchain. дальше »

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86% of Bitcoin supply still in profit despite recent price drops – Glassnode

Quick Take As Bitcoin pushed toward a new all-time high in March, a significant milestone was reached on Feb. 28, with over 99% of the Bitcoin supply in profit. This was the first time since November 2021 that over 99% of the supply had been in profit, according to Glassnode data. дальше »

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Tensor (TNSR) and Verge (XVG) Token Prices Surging, but Don’t Buy Yet: Here’s Why

The cryptocurrency market has witnessed some notable price movements in the last few days, with Tensor (TNSR) and Verge (XVG) tokens experiencing upswings over the past 24 hours. According to data from CoinMarketCap, TNSR has pumped by 10%, while XVG has surged even higher at 15%. дальше »

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Crypto scammer returns $34.7 million in stolen assets after victim offers bounty

The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $70. 5 million, has begun returning the funds, according to on-chain data. Blockchain security firm Peckshield reported that the attacker had returned 50% of the stolen funds— approximately 11,446. дальше »

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Ethereum (ETH) Gas Fees at Multi-Month Lows, Data Says

USD-denominated Ether fees hit six-month low, while other metrics at lowest since 2020: What happened? дальше »

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Independent Crypto: Bitcoin & Ethereum Show Little Correlation To Trad Markets

Data shows that Bitcoin and Ethereum correlate little to traditional markets, implying that cryptocurrency is forging its destiny. Bitcoin & Ethereum Have Been The Master Of Their Fates Recently According to data from the market intelligence platform IntoTheBlock, the correlation between BTC and ETH with traditional markets and commodities has been close to zero recently. […] дальше »

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Bybit Prepares Initial DEX Offering (IDO) For Nulink (NLK)

Bybit's upcoming IDO for Nulink aims to strengthen dApps data privacy via a unique API, launching 4M NLK tokens with significant user registration. The post Bybit Prepares Initial DEX Offering (IDO) For Nulink (NLK) appeared first on BeInCrypto. дальше »

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3 reasons why Bitcoin traders say a BTC price trend reversal is overdue

Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity.

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Crypto Gaming Assets to Watch in May 2024: Decentraland, Axie Infinity, Enjin Coin (ENJ) and These Six Projects Lead Development Activity

According to data from Santiment, a crypto analytics platform, Decentraland (MANA), MultiversX (EGLD), Immutable X (IMX), and several other crypto projects are the top gaming assets by development activity in May 2024. дальше »

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Bitcoin 'God Candle' coming? $220K price prediction could be next for BTC

Analyst Max Keiser forecasted Bitcoin's rise to $220,000 due to a supply-demand shock. Current data indicated rising short-term bearish pressure. Amid fluctuating market conditions, Bitcoin The post Bitcoin 'God Candle' coming? $220K price prediction could be next for BTC appeared first on AMBCrypto. дальше »

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Analyst Sees Bitcoin Spike to $74k Following This Ongoing Retest: BTC On-Chain Data Supports Bullish Prediction

The price of Bitcoin has taken a hit, going down by 7% over the past three days to trade around $61,000 as of this writing. However, one analyst believes the current pullback could merely be a pause before Bitcoin’s next major bull run. дальше »

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Bitcoin price buys time at $61K as US jobless claims hit 9-month highs

Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.

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Rate hikes linked to 11 out of 14 past U.S. recessions, historical analysis shows

Quick Take The Federal Reserve and other central banks worldwide are approaching the end of a rate-hiking cycle, raising concerns about a potential recession. Historical data from Rosenberg Research, shared by QE infinity, reveals a concerning trend: out of the past 14 rate-hiking cycles since 1950, the United States has experienced a recession 11 times. дальше »

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Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million… дальше »

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Bitcoin and Ethereum ETFs in Hong Kong diverge

Quick Take Hong Kong ETFs According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8. While Bitcoin (BTC) ETFs saw overall inflows, Ethereum (ETH) ETFs saw outflows. дальше »

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Monero (XMR) and Ripple (XRP) Experiencing Unusually High Discussion Rates: Here’s Why

According to data from Santiment, a market intelligence platform, Monero is being discussed at an abnormally high rate following the announcement of LocalMonero’s closure. The increased attention on XMR comes as governments continue to crack down on privacy-focused assets, raising concerns about the future of financial privacy in the crypto space. дальше »

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$PROM Token Sees 5% Decline Amidst Withdrawal Activity On Binance

The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement. дальше »

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Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies

The Australian Taxation Office (ATO) is targeting approximately 1. 2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens. дальше »

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Bitcoin Whales Powerful Enough to Revive Bullish Rally, Data Reveals

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Here’s Why Frontier (FRONT) Price is Pumping: Key Indicators to Watch

Frontier (FRONT) crypto asset has registered a notable uptick in its price today. Data from CoinGecko reveals a 35. 22% increase in the last 24 hours, with a 116. 18% jump over the past week, pushing the price to $1. дальше »

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Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from  Bitcoin investment products, which could negatively impact the flagship crypto. дальше »

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Multisig Wallet Transfers 1.238 Trillion PEPE to Binance Before the Meme Coin’s 7% Price Drop: What Did the Whale Know?

A notable development in the PEPE market has caught the attention of on-chain data analyst Spot On Chain. Few hours ago, a multisig wallet deposited 1. 238 trillion PEPE tokens, worth approximately $10. дальше »

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Crypto Gem Rush: See Why Avalanche, Arbitrum and KangaMoon Can Experience Massive Spikes

The Arbitrum (ARB) project could soon experience a major uptrend, as MultiVM was announced only for its chains. Moreover, BitNode will bring encrypted data management to Avalanche (AVAX), showcasing that both of these projects will undergo major ecosystem developments and updates. дальше »

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Whales Continue To Accumulate $FRIEND Despite Price Decline

Despite experiencing a 7% decline in value today, the cryptocurrency token $FRIEND is witnessing increased accumulation by whales, signaling growing investor interest in the project. This trend is evident as on-chain data reveals notable inflows into the $FRIEND ecosystem. дальше »

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Bitcoin ETFs in the US see $15.7 million in outflows

Quick Take US Bitcoin ETFs saw an outflow of $15. 7 million on May 7, marking the first day of outflows since May 2. According to data from Farside, Grayscale’s GBTC was responsible for the negative trend, as it recorded $28. дальше »

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Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains

ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.” дальше »

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Bitcoin HODLer Profit-Taking Calms Down After Wild Selling Spree: Green Sign For Rally?

On-chain data shows the Bitcoin long-term holders have finally cooled off their profit-taking after showing a wild selloff just earlier. Bitcoin Coin Days Destroyed Has Calmed Down For BTC Recently As pointed out by BTC on-chain research account “The Bitcoin Researcher” in a post on X, the Coin Days Destroyed In Profit metric has declined […] дальше »

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PEPE Whales Move $21 Million Worth Of Coins – Here Are The Destinations

On-chain data shows PEPE whales have moved large amounts of the memecoin during the past day. Here’s where these tokens have been heading. PEPE Whales Have Been Active On The Network Today According to data from the cryptocurrency transaction tracker service Whale Alert, two large PEPE transactions have occurred in the space of a few hours during the past day. дальше »

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Australian tax office targets 1.2M crypto investors for tax compliance

Australian Tax Office seeks data from 1. 2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax evasion has gained momentum, especially in Canada, Turkey, and the U. дальше »

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Australia targets crypto exchanges to hand over tax data on 1.2m users

Australia’s tax office is targeting up to 1.2 million users, seeking their personal data and transaction details from crypto exchange. Australia appears to be targeting over a million crypto investors, seeking their personal data and transaction details from crypto exchanges,… дальше »

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ETH liquidations surpass Bitcoin’s following fall below $3,200

Ethereum (ETH) liquidations surpass Bitcoin’s (BTC) for the second time over the past seven days. According to data provided by Coinglass, global crypto liquidations reached $195.11 million in the past 24 hours. ETH is currently sitting on top with a… дальше »

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Australia targets personal data of 1.2 million crypto traders

The Australian Taxation Office (ATO) has asked crypto exchanges in the country to hand over the personal data and transaction details of 1. 2 million traders. ATO’s stringent requirement comes amid an increased interest in crypto across Australia, Reuters reported on May 7. дальше »

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Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day

Quick Take According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $217. 0 million. This massive influx comes just days after another significant inflow was recorded on May 3. дальше »

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Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports. дальше »

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Poloniex Hacker Sends $3.3M Worth of Ether to Tornado Cash

A hacker that stole $125 million from Poloniex's hot wallets has sent 1,100 ether {{ETH}} to sanctioned coin mixer Tornado Cash, according to blockchain data. дальше »

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Bitcoin Supply Shock: Exchange Inflow Trend Lowest Since 2015

On-chain data shows the Bitcoin exchange inflow trend has been at its lowest in almost a decade recently, a sign that may be bullish for the asset. Bitcoin Exchange Inflows Have Been On The Decline Recently As pointed out by CryptoQuant author Axel Adler Jr in a post on X, the BTC exchange inflows have […] дальше »

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GBTC breaks 16-week outflow streak with $63 million inflow on May 3

Grayscale Bitcoin Trust (GBTC) experienced $63. 0 million in inflows on May 3, Farside data indicates. The relevant daily inflows mark the first time since GBTC’s January launch that the fund avoided outflows, breaking its 16-week outflow streak. дальше »

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Bitfinex CTO confirms no data breach, cites fake allegations

Bitfinex Chief Technology Officer Paolo Ardoino has confirmed that recent data breach allegations involving the cryptocurrency exchange were unfounded. дальше »

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Data Scientist Explains Why Investing in Meme Coins Is High Risk, Low Reward

Crypto Koryo, a data scientist, details why investing in meme coins is riskier now, with a market flooded by new tokens and increased competition. The post Data Scientist Explains Why Investing in Meme Coins Is High Risk, Low Reward appeared first on BeInCrypto. дальше »

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Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa. Stablecoin Market Faces Data Reality Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and large-scale traders to isolate those made by real individuals. дальше »

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Ethereum crosses $3.2K as L2 crosses new milestone: What now?

Ethereum locked on L2s hits a milestone. ETH bounced back above $3,200 at press time. Recent data indicates that Ethereum [ETH] Layer 2 platforms have achieved a significant milestone in terThe post Ethereum crosses $3. дальше »

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Visa study shows only 10% of stablecoin transactions are real users

While stablecoin adoption has been on an upward trajectory, a new study by payments giant Visa and blockchain data platform Allium Labs, suggests that only 10% may be from real people. Over 90% of stablecoin transaction volume not by real users Per the details in a new report, only $149 billion of the staggering $2.2 […] дальше »

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Visa report reveals less than 10% of stablecoin transactions are organic

A new analysis conducted by Visa and data analytics firm Allium Labs has discovered that less than 10% of stablecoin transaction volumes are generated by real users, with the vast majority driven by automated bots and large-scale traders. дальше »

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Crypto hacks on Coinbase’s Base chain rose by 145% in April, data shows

Coinbase’s Base chain appears to be a target for scammers, with two of the top 10 largest single thefts occurring on the network, accounting for over 20% of the month’s total theft. Although crypto hacks saw a decrease in April… дальше »

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Here’s When Bitcoin Could Peak In This Accelerated Bull Run: Analyst

The current Bitcoin price behavior and its deviations from expected cyclical patterns remain a central theme of analysis. Crypto analyst Rekt Capital (@rektcapital) recently shared new insights on X concerning Bitcoin’s potential peak during the ongoing bull run, which is progressing at an atypical pace compared to historical data. дальше »

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Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report

Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported. дальше »

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