Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, […]
Embattled crypto lending platform Celsius Network sold over $125 million of its Ethereum (ETH) reserves in the first two weeks of January, hoping to repay creditors as part of ongoing bankruptcy proceedings. This massive ETH […]
ARK Invest has sold a total of 2,226,191 shares of the ProShares Bitcoin Trust ETF since Jan. 19, worth around $42.8 million at Thursday’s closing price of $19.22, from its Next Generation Internet ETF (ARKW). […]
In an in-depth interview with Bitcoin Magazine on Jan. 24, Bitcoin Core developer Luke Dashjr voiced significant concerns about the increasing centralization of Bitcoin mining. Dashjr believes that the dominance of a few large mining […]
Available data and expert submissions show Grayscale’s Bitcoin Trusts (GBTC) outflows are trending down, suggesting that the dumping spree may soon end. Although the outflow number is still considerably large, a rebound looks to be […]
Polygon, a layer-2 scaling network, nearly matched Ethereum’s user base in 2023, as reported by blockchain analytics firm Flipside. Polygon acquired 15.24 million users that year, coming close to Ethereum’s 15.4 million, with a difference […]
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