Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased

According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions wiped.

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68% of Dogecoin Supply in the Hands of Top 100 Wallets: Coin Metrics Data

Investors are piling onto Dogecoin (DOGE) to elevate its price, but data pointed out by Coin Metrics shows that the supply is heavily concentrated in favor of whales. The top-100 wallets hold 68.

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Chart Comparison Demonstrates Effectiveness Of Bitcoin Digital Gold Narrative

2020 was the year of the digital gold narrative amid a pandemic and unprecedented money printing. In 2021, only Bitcoin matters and comparing it to gold at this point is selling the coin short. Now is the age of cryptocurrency, and no comparison shows that better than the two charts you are about to see […]

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Amazon could launch a digital currency project in Mexico

Recent job posting shows Amazon could be preparing to launch a digital currency project… The post Amazon could launch a digital currency project in Mexico appeared first on Coin Journal.

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Tesla Buys Bitcoin, $500 Million of BTC Shorts Liquidated

The Bitcoin price is at a new all-time high above $44. 2k, adding an impressive $5. 5k, coin trackers on Feb 8 reveals. Accompanying the upswing is the mass unwinding of BTC short bets. Data from Coinalyze shows that $500 million of shorts have been liquidated across different centralized exchanges.

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Mid-Sized Whales Are Dumping ETH, While Smaller Holders Are Acquiring It, Here's What It Means

Data shared by Glassnode agency shows that whales who hold 1,000 ETH or more are shrinking in number, while smaller holders are grabbing Ethereum's native coin

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More Tether (USDT) is Now Being Routed To Tron than Ethereum

There is a spike of USDT transactions in Tron, a dPoS network, based on data from Coin Metrics, a blockchain analytics firm, a CoinDesk report on Jan 21 shows. USDT Transaction Count Explodes at Tron Data reveals that there was a considerable spike in Tron’s USDT transactions in the last three weeks. The surge meansRead More

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DeFi indexes lack diversify — analyst claims

New research shows indexes based on DeFI tokens are not diversified enough for the…

The post DeFi indexes lack diversify — analyst claims appeared first on Coin Journal.

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As Red And Blue Debate, Green Printer And Orange Coin Always Win

Digging into the USD data shows that it doesn’t matter who the president is. The money printer will go BRRR and Bitcoin will win. The post As Red And Blue Debate, Green Printer And Orange Coin Always Win appeared first on Bitcoin Magazine.

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Average Bitcoin Trading Volumes Rise 2.7x to $3 Billion in Early November

A Nov 10 report from Arcane Research shows that Bitcoin’s upward momentum is firm as average trading volumes across spot and derivative exchanges continue to rise. Bitcoin Price Bull Ran The Bitcoin price is now steady above $15,400 according to coin trackers.

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First Mover: Bitcoin Pause, Ethereum Snafu, 1,000% Returns Put Focus on Exchange Tokens

Binance Coin and exchange tokens are popping as bitcoin's rally shows signs of temporary exhaustion and Ethereum gets snared in blockchain split.

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Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016.

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On-Chain Data Shows Mass Accumulation Among Ethereum Investors

Ethereum has gained a few percent since the lows of last week. The coin currently trades for $380 but peaked earlier today at $385. This price action has been underscored by reports that mass Ethereum accumulation has been taking place.

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Five crypto exchanges hold 10% of all Bitcoin in circulation

Chain.info, a blockchain data service platform, shows that a total of five exchanges have... The post Five crypto exchanges hold 10% of all Bitcoin in circulation appeared first on Coin Journal.

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Despite Daily Transactions Peaking IRS Scare Tactics Have Monero Investors Spooked

Privacy coin Monero presses on full steam ahead as its daily transaction count reaches all-time highs. Data from bitinfocharts. com shows the daily number of XMR transactions peaked at 20. 136k on October 12, 2020.

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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown

The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60.

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Liechtenstein tops PwC’s crypto tax index

PwC has revealed that the increasing interest in cryptocurrency assets from tax authorities shows...

The post Liechtenstein tops PwC’s crypto tax index appeared first on Coin Journal.

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Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On

The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows.

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$15k predictions emerge as Bitcoin (BTC) shows new strength

Bitcoin price has been stuck between $11k and $12k for quite some time now, although some recent price forecast seem to signal that a change might be coming. The coin’s performance has indicated strong signs of strength, especially in the last 24 hours.

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Coin Usage Data Suggests Privacy No Longer a Priority for Most Cryptocurrency Users

New data from the blockchain analysis firm CoinMetrics shows that despite the availability of privacy coins like Monero, Grin, and Zcash, crypto users are not using these coins to their full potential.

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Ethereum options data is bullish following two-year high

ETH/USD trades above $420 as data by Skew shows traders expect a short term...

The post Ethereum options data is bullish following two-year high appeared first on Coin Journal.

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Tether (USDT) Unseats XRP Again as Third Largest Cryptocurrency by Market Cap

Coinspeaker Tether (USDT) Unseats XRP Again as Third Largest Cryptocurrency by Market CapRevised data from Messari and Coin Metrics shows that USDT has once again displaced XRP as the third-largest crypto by market cap.

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Ethereum Said to Be Best Performing Asset in 2020

Coinspeaker Ethereum Said to Be Best Performing Asset in 2020The data from Messari shows that all the platforms built on Ethereum have a combined market cap of $63. 7 billion. This is nearly 20% of the total market capitalization of the coin.

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Poll Suggests Most People Expect Bitcoin Below $55,000 by End of 2021

There is a lot of optimism concerning Bitcoin for years to come. Despite this, many people still expect it to be worth less than $55,000 per coin by the end of the year 2021. A Twitter poll by the pseudonymous creator of Bitcoin’s stock-to-flow model ‘Plan B’ shows that most respondents (42.5% of 26,639) believe […]

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Basic Attention Token market update: BAT/USD shows bullish signs

The BAT/USD trading pair is about 2% down on the day, though sentiment remains... The post Basic Attention Token market update: BAT/USD shows bullish signs appeared first on Coin Journal.

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Data Shows Mammoth Whale Activity On Coinbase And Gemini Right Before Bitcoin Dipped

The Bitcoin market tumbled in the early hours of today, and some people were even worried that the top coin could plunge further into the $8k range if the dynamics don’t adjust soon enough. Pundits are gazing into the market data to find possible triggers of the fresh dip in just a few weeks after […]

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Litecoin, Digibyte, Ethereum price: LTC price shows more promise than ETH and DGB combined

While Ethereum and Digibyte show bearish scenario, Litecoin is in preparations for its surge regardless of how small it is. The most bearish coin at the time of writing was Digibyte with price declineThe post Litecoin, Digibyte, Ethereum price: LTC price shows more promise than ETH and DGB combined appeared first on AMBCrypto.

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Ripple’s XRP Was The Worst-Performing Altcoin In Q1 2020, Report Finds

Down by more than 10% at the end of the first quarter of 2020, Ripple’s XRP turned out to be the worst-performing altcoin among the top 25 cryptocurrencies. A recently-published report by Messari shows that the reduction in XRP sales by Ripple has not helped revive the coin’s battered prices. XRP Performed The Worst In […]

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Coin Metrics Report Shows Stablecoin Transfer Value Hit $444 Million

Stablecoins like Circle’s USD Coin saw an all-time high market cap as the rest of the cryptocurrency market experienced a major downturn

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Data shows Ethereum is becoming more distributed over time as demand rises

A recent report reveals that Ethereum is becoming widely distributed, which could be a direct result of a spike in demand for this cryptocurrency. Ethereum looks fundamentally strong On Feb. 18, Coin Metrics, a crypto market and network analytics provider, released the latest version of its “State of the Network” report.

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Data shows Bitcoin was the worst-performing major crypto last week

The latest data from Coin Metrics has shown that among the top 12 cryptocurrencies by market cap, Bitcoin was one of the worst-performing major cryptos last week. The bullish case for the world’s largest cryptocurrency is becoming harder and harder to justify, especially when compared to coins such as Tezos and Binance Coin, which saw […] The post Data shows Bitcoin was the worst-performing major crypto last week appeared first on CryptoSlate.

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Use Of Bitcoin Among Merchants Increased In 2019, New Data Shows

While the adoption of Bitcoin for day-to-day transactions may be moving at a slow pace, the use of the coin among the merchants soared last year, CoinDesk reports. BitPay, the cryptocurrency payment processor, processed an equivalent of about $1 billion worth of crypto transactions last year with Bitcoin transactions dominating the transactions, Bill Zielke, the […]

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Report: Small price change in Bitcoin could trigger a bull market

The latest Coin Metrics report found that about 72 percent of all Bitcoin in circulation now has unrealized gains. The huge rise from December’s 50 percent shows that the vast majority of Bitcoin has an estimated cost basis of less than $12,000.

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Bitcoin SV Daily Volume Nearly Topping Market Cap Shows Something Is Amiss

Bitcoin SV, the product of a second civil war between Bitcoin Cash advocates, has been in the news over the past few days as the coin first briefly flipped its rival Bitcoin Cash. This came shortly after the final keys missing from the billion-dollar Tulip Trust were delivered to Satoshi Nakamoto claimant, Craig Wright.

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Will This Major US Broker List XRP in 2020?

A recent statement from an online broker, TD Ameritrade, shows that the firm still hasn’t ruled out adding XRP to its platform, causing the coin’s community to speculate about its potential addition.

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IEOs Just as Shocking as ICOs, BitMEX Data Shows

Tokens that emerged from Initial Exchange Offerings (IEOs) have demonstrated a poor performance this year, according to BitMEX research. Most IEOs Have Failed Despite Bitcoin Surge In May of this year, BitMEX published its first piece of research on IEOs, concluding that the market was doing much better than initial coin offerings (ICOs).

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Bitcoin's Energy Value Shows Signs of Impending Price Rally: Expert

Charles Edwards has noticed similarities between the Bitcoin price and the changes in the coin's energy value

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Data shows Binance Coin’s bullish sentiment is on the rise, can it translate to price?

According to the LunarCRUSH research team, social activity and bullish sentiment around Binance Coin (BNB) have risen to six-month highs. The price of Binance Coin has dropped from around $20 to $15.

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Dash Price Analysis: Accumulating Losses

Dash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows that a bearish head and shoulders pattern has been triggered Dash remains under heavy downside pressure as the coin fell to levels not seen since […] The post Dash Price Analysis: Accumulating Losses appeared first on Crypto Briefing.

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Storeum (STO) Shows Crypto Market Not Beyond Pump-and-Dump Activity

The spectacular STO rally on low volumes briefly lifted the coin within the top 30 of assets.

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Bitcoin's price shows 'interesting patterns' in response to Chinese market

Bitcoin was still trading close to its six-month low after it briefly dropped to $7,000 last week. Throughout the year, the king coin had exhibited significant volatility. Bitcoin experienced some shaThe post Bitcoin's price shows 'interesting patterns' in response to Chinese market appeared first on AMBCrypto.

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Binance Coin Price Analysis BNB/USD: Consecutive Losses

Binance Coin has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is still present A loss of the $16.00 level would be extremely bearish for the BNB/USD pair Binance Coin remains under pressure alongside the broader cryptocurrency market, with the BNB/USD pair trading […] The post Binance Coin Price Analysis BNB/USD: Consecutive Losses appeared first on Crypto Briefing.

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Dash Coin (DASH/USD) Price Analysis and Prediction: Will the Bearish Momentum Continue?

DASH/USD pair has showcased a bearish performance over that last five days. The popular altcoin has suppressed the bullish rain and has down surged by 2. 69%. Thus, it is currently trading at $69.

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John McAfee Appears to Have Solved His Legal Issue with Zombie Coin at Halloween

John McAfee has had a legal issue with the Chinese Zombie Coin project but now they post a photo, which shows that the US presidential candidate has solved it

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Updated: China Zombie Creators Thank John McAfee for Taking Part in Their Social Experiment

John McAfee has had a legal issue with the Chinese Zombie Coin project but now they post a photo, which shows that the US presidential candidate has solved it

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Ethereum, Monero exhibit interesting nonce distribution patterns

Recent analysis shows interesting patterns on the nonce distribution of Monero and Ethereum. According to the latest CoinMetrics report, on applying nonce analysis to the most popular privacy coin, Monero, when network difficulty and the scheduled hard forks [that tweaked the PoW algorithm] were overlaid, it was observed that all three PoW upgrades led to […] The post Ethereum, Monero exhibit interesting nonce distribution patterns appeared first on AMBCrypto.

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Data shows autonomous coin Decred has a Power Law relationship with Bitcoin

Decred, a progressive cryptocurrency focused on governance, seems to have a natural connection to Bitcoin, as everything from its coin supply to price has followed Bitcoin’s ups and downs since 2014.

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USDC Marks a Year of Transparency

Today, Circle released the 12th consecutive report proving that every outstanding USD Coin (USDC) is backed by a US dollar. This report—and every other report—is publicly available here (and the latest one shows that, as of September 30th, there were 429,470,737 USDC outstanding and $429,965,

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UNICEF’s crypto fund shows Bitcoin is accepted as financial asset

Bitcoin, the king coin with a market share of 66. 8 percent, continues to be the market mover as it attracts more sectors. This time around, the news broke from UNICEF as the agency announced that it would be accepting the largest cryptocurrency along with Ethereum for donation with the launch of UNICEF Cryptocurrency Fund.

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