Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price.

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Bitcoin Hashrate Continues To Hit New ATH Despite Uncertain Market

On-chain data shows the 7-day Bitcoin mining hashrate has continued to hit new all-time highs despite the FUD going around in the market. 7-Day Bitcoin Mining Hashrate Has Reached A New All-Time High According to data from the on-chain analytics firm Glassnode, the 7-day hashrate has now hit a new ATH of 381 EH/s. The […] дальше »

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Bitcoin Stuck In Historically Tight Range, Calm Before The Storm?

Data shows Bitcoin has been stuck in a historically tight range recently, something that could be a precursor for extreme volatility. Bitcoin 30-Day Price Range Has Compressed To Tight Values In a new tweet, the analytics firm Glassnode has looked into how volatile the asset has been recently. дальше »

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Crypto Catalyst Watch: What Might Move Markets This Week

The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items. дальше »

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Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto markets. дальше »

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Bitcoin trades at premium on Binance US as liquidity dries up

Bitcoin (BTC) is trading at a premium of over 1% on Binance. US as the exchange’s USD trading volume has dropped to new lows after the U. S. SEC’s lawsuit, according to CryptoCompare data. дальше »

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Robinhood reports mixed operating data for May 2023, user engagement down

Robinhood Markets, Inc. has disclosed selected monthly operating data for May 2023, which depicts a complex portrait of growth and decline in user engagement and trading activities. дальше »

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Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown

Amid ongoing regulatory scrutiny and fear, uncertainty, and doubt (FUD) surrounding Bitcoin (BTC), short-term holders who are often known to be the first to sell off their assets when prices decline have displayed unusual resilience in the face of the current market challenges. дальше »

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Long-Term Bitcoin Holders Unfazed By Binance, Coinbase Lawsuits: Glassnode

Long-term Bitcoin holders are standing strong amidst the storm, undeterred by the recent lawsuit filed against Binance and Coinbase Exchange by the US Securities and Exchange Commission (SEC).  The resilience of these dedicated holders is evident as data from crypto markets analytics provider, Glassnode, reveals that the percentage of Bitcoin Long-Term Holder Supply sent to […] дальше »

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Whale dormant for 2 years sells $2.3 million BNB

A BNB whale that had remained dormant for two years has sold $2. 3 million worth of their Binance Coin holdings, according to on-chain data shared by blockchain sleuth Lookonchain. Per details in a tweet posted on Monday, the account showed the whale had sold a total of 10,000 BNB today. дальше »

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Tether treasury sends Binance $750M USDT in chain swap transaction

Tether’s treasury sent Binance $750 million USDT on June 12, per data from blockchain analytical firm Arkham Intelligence. The transactions were sent in three batches of $250 million after a $10 test transaction. дальше »

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Bitcoin (BTC) Miners Flood Exchanges Amid Regulatory Scrutiny – Impact On Crypto Investors?

Amid the continuous regulatory scrutiny in crypto, there have been a diversified sentiment among different participant groups about the Bitcoin market. According to latest data from data provider Glassnode, long-term holders have remained resilient and unwavering in their commitment, displaying a calm sentiment amid the elevated market distress. дальше »

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Last week, Ethereum ETPs saw the largest single week of outflows since the Merge

Over the past week, $36 million flew out of Ethereum (ETH) exchange-traded products (ETPs), according to CoinShares data. This outflow of funds from Ethereum ETPs was the largest observed in a single week since the Merge in September 2022. дальше »

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Litecoin price analysis ahead of the FOMC decision, US inflation data

Litecoin has formed a triple-top pattern on the daily chart. The main news is the recent lawsuits against Coinbase and Binance. The Federal Reserve will deliver its next interest rate decision. Litecoin price has come under intense pressure in the past few days as investors focus on the recent SEC lawsuits against Coinbase and Binance. дальше »

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Bitcoin Diamond Hands Unfazed By Recent FUD As Exchange Inflows Remain Very Low

On-chain data shows that Bitcoin long-term holders don’t care too much about the ongoing market FUD as their exchange inflows remain very low. Bitcoin Long-Term Holder Inflows Have Remained Muted Recently According to data from the on-chain analytics firm Glassnode, the long-term holders have only been depositing around 0. дальше »

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Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever

On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the on-chain analytics firm Glassnode, miner exchange inflows hit a peak value of $70 million recently. дальше »

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Binance CEO CZ responds as data points to billions in exchange outflows

Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao. дальше »

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Binance Sees $8B in Asset Outflows Following SEC Lawsuit

Data from DeFillama showed that Binance total assets declined by more than $8 billion to $55.95 billion as of press time. The post Binance Sees $8B in Asset Outflows Following SEC Lawsuit appeared first on BeInCrypto. дальше »

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Gas usage for stablecoins, NFTs on Ethereum continues decline

Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. дальше »

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DappRadar report: blockchain gaming revenue rose in May as investment soar to $476 million

Blockchain gaming revenue rose 6% in May 2022 despite a contraction in crypto prices. Investment also reached $476 million, data from DappRadar shows дальше »

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Millions in Polygon’s MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows

“Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned. дальше »

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Here’s How Current Bitcoin Capitulation Compares With Past Crashes

On-chain data shows that Bitcoin short-term holders are depositing 0. 82% of their supply to exchanges. Here’s how these inflows compare with past crashes. Bitcoin Short-Term Holder Inflows Have Been Elevated Recently The BTC market can be divided into two broad investor groups, one of which is the “short-term holder (STHs) cohort. дальше »

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Bitcoin Active Addresses Spike, What Does This Mean?

On-chain data shows that Bitcoin active addresses have registered a spike recently. Here’s what this may mean for the market. Bitcoin Active Addresses Spike Following Uptick In Volatility According to data from the on-chain analytics firm Santiment, utility on the network has picked up quite drastically recently. дальше »

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Realized losses outpace profits amid market turbulence after Binance, Coinbase lawsuits

Quick Take In the past four days, Glassnode data suggests that Bitcoin holders have seen greater realized loss-taking than realized profit. Realized losses did get smaller throughout the week of June 5, suggesting the Binance lawsuit was a bigger trigger for selling than the Coinbase lawsuit from the SEC. дальше »

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Bitcoin trades at slight discount on Binance.US as banking partners cut ties

Bitcoin (BTC) is trading at a slight discount on Binance. US following the exchange’s announcement of its banking partners’ decision to halt USD payment channels on June 13, amidst ongoing regulatory troubles, according to Kaiko data. дальше »

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Binance Bitcoin Outflows Continue, Something To Worry About?

On-chain data shows Binance has continued to observe Bitcoin outflows amid recent uncertainty. Is this something you should worry about? Binance Has Observed Peak Bitcoin Outflows Of 14,000 BTC Just a few days ago, the US Securities and Exchange Commission (SEC) sued the cryptocurrency exchange Binance and its CEO, Changpeng Zhao, over alleged securities fraud. […] дальше »

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Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin

On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain analytics firm Santiment, these large Tether holders are now carrying a total of $16 billion worth of the stablecoin. дальше »

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Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuit

Coinbase CEO Brian Armstrong sold $1. 8 million worth of company shares on June 5, according to data from Dataroma, before news of the U. S. Securities and Exchange Commission (SEC) lawsuit against the company tanked its shares by more than 15% on June 6. дальше »

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AI’s next big thing? Investors pour into AI-related crypto project

The past few months have witnessed relentless activity in the world of Artificial Intelligence (AI). As cryptocurrency’s own technological evolution tethers onto AI, interest in projects leveraging AI, Big Data and blockchain has soared. дальше »

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NFT Inspect Launches Chrome Extension for Twitter Profile Picture Analysis

Uncover real-time data on NFTs used as Twitter profile pictures with NFT Inspect's Chrome extension. Gain insights on popularity and community engagement. The post NFT Inspect Launches Chrome Extension for Twitter Profile Picture Analysis appeared first on NFT News Today. дальше »

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NFT Inspect Introduces New PFP Discovery Tool for Twitter

The recently-resurrected NFT analysis platform has a new Chrome browser extension that provides real-time data on Twitter PFPs. дальше »

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Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data

BTC’s price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.

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Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment

According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease. дальше »

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Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token

Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week. дальше »

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Bitcoin Bearish Signal: Dormant 1,433 BTC Moves After 10+ Years

On-chain data shows a large amount of Bitcoin older than 10 years has suddenly moved today, a sign that could be bearish for the price. Bitcoin Dormant From More Than 10 Years Ago Has Abruptly Moved As pointed out by an analyst in a CryptoQuant post, this movement of dormant coins may be a sign of selling. дальше »

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Booming AI demand spurs AI-based crypto growth amid the current US SEC onslaught

The rising demand for artificial intelligence (AI) chips, cited in Nvidia’s report towards the end of May, has spurred the growth of AI-based cryptocurrencies. The overall rally in the S&P 500 and Nasdaq Composite driven by Nvidia Corporation (NASDAQ: NVDA) over the past two weeks has provided a sentiment boost to AI and big data cryptocurrencies. дальше »

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Goracle - the Decentralized Oracle Network

Abdul Osman is the founder and CEO of Goracle - a Decentralized Oracle Network built on the Algorand blockchain. With the new cross-chain compatibility feature, Goracle can import data from Ethereum and other blockchains, opening up new use cases. дальше »

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What is DeFi Returns? A new way of DeFi Investing

DeFi Returns brings comprehensive up-to-date information on DeFi strategies and protocols, to easily compare and analyze their performance. Getting the most reliable data source for historical yield on DeFi, to help users make informed decisions when investing in the ecosystem. дальше »

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Intuit introduces proprietary large language models for fintech with GenOS

Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data. дальше »

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12 Ways Web3 Media Could Embrace AI

From chatbots to deep blockchain data analysis, artificial intelligence can help Web3 news organizations function. But there are plenty of pitfalls too. дальше »

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Centralized Exchange Volumes Hit Record Low, Kraken Outage, Binance.US Faces Difficult Times

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Security or not, Ether looks poised to hold the $1.8K level based on 3 key metrics

Ether could eventually run afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level.

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Nansen data shows nearly $600M in outflows at Binance, Coinbase

Binance and Coinbase have cumulatively seen net outflows of $597. 2 million across all protocols during the last 24 hours, according to data from blockchain analytical firm Nansen. A breakdown of the data showed that Binance and its U. дальше »

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Bitcoin Realized Loss Remains Low Despite Volatility, What Does This Mean?

On-chain data shows the Bitcoin realized loss metric has stayed at a low value recently, despite the volatility that the coin has experienced. Bitcoin Realized Loss Continues To Be At A Relatively Low Value According to data from the on-chain analytics firm Glassnode, investors realized just $112 million in losses during the recent plummet in the cryptocurrency’s value. дальше »

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Bitcoin Shorts Squeezed As Price Shows Recovery

Data shows the Bitcoin shorts that had amassed after the recent crash have now been squeezed following the recovery in the asset’s price. Bitcoin Shorts Take Beating As Price Shows Sharp Rebound According to data from the on-chain analytics firm Santiment, the funding rate on Binance had become deeply negative after the crash. The “funding […] дальше »

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Bitcoin Contrarians Win As Rebound Occurs Against Crowd Expectations: Santiment

Data from Santiment suggests that the latest Bitcoin rebound took place after most investors had given up on the idea of it happening. Bitcoin Observes Rebound After “Buy The Dip” Crowd Goes Silent According to data from the on-chain analytics firm Santiment, calls for buying the dip had mostly disappeared right before the actual rebound. дальше »

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Polygon Continues To Struggle As MATIC Exchange Supply Spikes

Polygon has continued to struggle during the past day as on-chain data shows the MATIC exchange supply has spiked. Polygon Exchange Supply Spikes As Whale Deposits Huge Stack According to data from the on-chain analytics firm Santiment, a single whale has deposited around $95 million in MATIC to Binance during the past day. The relevant […] дальше »

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Pepe whales accumulate more coins, data shows 

Pepe enthusiasts have taken advantage of the widespread market corrections to accumulate millions of dollars worth of the meme coin. The price of PEPE has increased by over 14% in the last 24 hours as bitcoin (BTC) and altcoins rebound.… дальше »

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Binance US users withdraw $78M amid SEC lawsuit and asset freeze concerns

Crypto traders using Binance US withdrew $78. 48 million on June 7 from the embattled platform, according to DeFillama data, despite assurances that their funds were safe. The total value of tokens held by Binance. дальше »

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New York City’s air pollution among the world’s worst as Canada wildfire smoke shrouds Northeast

Array ( [coin_tags] => $BTC [important_keywords] => #BTC ) ACF Fields Data: coin_tags: $BTC important_keywords: #BTC The post New York City’s air pollution among the world’s worst as Canada wildfire smoke shrouds Northeast appeared first on CaptainAltcoin. дальше »

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