$2.8 billion traded in Digital Asset ETPs this week as outflows slow

The digital asset market has experienced a minor cooling-off phase, with outflows totaling roughly US$11. 2 million over the week, according to recent data by digital asset firm CoinShares. Despite this streak of negative sentiment, Bitcoin emerged as a beacon with inflows totaling US$3.

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Binance-backed BUSD circulating supply drops to less than $3B

The circulating supply of Binance USD (BUSD) has fallen to $2. 8 billion, marking its lowest point since early 2021, when the stablecoin was still relatively new to the crypto market, according to CryptoSlate’s data.

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Ethereum co-founder Vitalik Buterin exits MakerDAO position

The co-founder of the Ethereum network sold his remaining stake of 500 MakerDAO tokens, according to Onchain data.

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FTX cold wallet moved almost $10M in altcoins to Ethereum since Aug. 31

A cold wallet owned by collapsed crypto exchange FTX moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons, according to on-chain data. The altcoins include notable tokens like LINK, SUSHI, LUNA, and YFI.

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August Crypto Startup Funding Hits 2-Year Low: Below $500 Million – Report

Crypto startups faced a startling setback in August as venture funding plummeted to less than $500 million, marking the lowest point in over two years, according to data from The Block Research. This decline marks the fourth consecutive month of dwindling venture funding volumes in the crypto space, reflecting a stark contrast to the exuberant […]

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XRP Whales On The Move Again, As Altcoin Records Significant Utility Spikes

In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1.

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New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets

Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U. K. government report on Sept. 1. The U. K. ’s National Cyber Security Centre (NCSC) said that the malware works by scanning various directories on infected mobile devices and exfiltrating data.

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Chainlink Exchange Supply Plummets, Is This Bullish?

On-chain data shows the Chainlink exchange supply has observed a plummet, something that could turn out to be bullish for the asset’s price. Chainlink Supply On Exchanges Has Registered A Drawdown Recently According to data from the on-chain analytics firm Santiment, the LINK supply on exchanges could be forming a bullish divergence right now. The […]

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Chainlink (LINK) Investors In Shock As Whales Abandon Ship Mid-Crash, But Here’s Why You Should Buy The Dip

In contrast to Chainlink’s ($LINK) price correction in June, where whale transactions and holdings surged despite falling prices, recent data reveals a different trend, according to data from Ali.

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Ethereum Traders Capitulate As Rally Slows Down: Why This Is Good

On-chain data shows that Ethereum traders are capitulating following the slowdown of the rally, something that may turn out to be positive. Ethereum Traders Are Selling At A Loss Right Now According to data from the on-chain analytics firm Santiment, ETH investors are getting increasingly frustrated as they are now participating in significant loss-taking.

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Can Bitcoin Continue Rally? Rising Volume May Hint So

On-chain data shows the Bitcoin trading volume has been increasing recently, which could help further the asset’s rally. Bitcoin Trading Volume Has Registered A Large Boost Recently According to data from the on-chain analytics firm Santiment, BTC continues to see high volumes.

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US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash (PH) belonging to bankrupt crypto lender Celsius at its Alpha Site, according to an Aug.

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Bitcoin Cash Traders Back In Profit As BCH Surges 15%

On-chain data shows both the short-term and long-term Bitcoin Cash holders have entered into profits following the 13% rally. Bitcoin Cash Traders Return To Profits As Whales Ramp Up Activity According to data from the on-chain analytics firm Santiment, Bitcoin Cash traders who bought within the past 30 days, as well as those who did […]

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NFT trades surge as the average sale price hikes

Non-fungible token (NFT) sales have witnessed a significant surge after taking a downward curve between Aug. 25 and 29. According to CryptoSlam, NFT sales grew by 36.5% in the past 24 hours, reaching roughly $14.25 million. Per the data aggregator,…

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Ethereum holds above $1.7k, more transactions in loss

The Ethereum (ETH) price saw a notable surge on Aug. 29 after consolidating around the $1,650 mark for ten days. However, Santiment data suggests there are still more daily transactions in loss. According to the market intelligence platform, the ratio…

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Bitcoin’s Volume Trading Resurgence Puts Focus on These Key Price Levels

The cryptocurrency market is buzzing once again, with trading volumes experiencing a significant uptick following yesterday’s impressive price surge across the board, according to Santiment data.

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Bitcoin Sharks & Whales Bought Right Before Grayscale Rally: Data

On-chain data shows the Bitcoin sharks and whales added to their holdings right before the latest rally in the asset’s price occurred. Bitcoin Investors Holding Between 10 to 10,000 BTC Bought Ahead Of Rally According to data from the on-chain analytics firm Santiment, the large BTC holders scooped up a significant amount of the asset […]

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Big Whale Places a $92 Million Long Bet on BTC – Another Surge Incoming?

According to the details from Lookonchain, a whale has taken a notably large position in Wrapped Bitcoin ($WBTC) on two prominent decentralized finance platforms—Compound and Aave. According to available data, this unidentified investor has withdrawn a staggering 3,107 $WBTC—equivalent to approximately $92.

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Ethereum Nears $1,800 as Analysts Predict Upcoming Moves

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Bitcoin spikes to $27.6k after Grayscale’s win against SEC

Bitcoin spiked more than 5% on Tuesday as market reaction to the latest court ruling dealt the US Securities and Exchange Commission (SEC) another blow. According to data from CoinGecko, reaction to the regulation news saw the price of Bitcoin across major exchanges rose above $27,600 to its highest level since the August 18 sell-off.

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DYDX Is Up By 11% In A Week, But Investors Must Watch Out For This Event

DYDX, the native token of a decentralized exchange (DEX) with the same name, has been on a good run in the past few days. According to CoinGecko data, the cryptocurrency’s price jumped by 10. 7% in the past week, reflecting a positive performance after an unfavorable start to August.

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Toncoin price surges with small investors interest

Toncoin’s (TON) price has consistently risen over the past ten days despite low whale activity. This shows the upward momentum has come from small investors. According to data provided by Santiment, the number of TON whale transactions, consisting of at…

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Bitcoin Miner Revenue Rapidly Falling, What Happens Next?

Bitcoin miners are churning less in revenue, looking at trackers on August 28. According to Hashrate Index data, a platform that tracks the correlation between hash rate and revenue accrued by miners over time, income generated from Bitcoin mining operations is at near record lows.

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Ethereum Fee Drops To 6-Month Lows, Investors Disinterested?

Data shows the Ethereum total transaction fee has declined to 6-month lows recently, indicating that investors aren’t engaging much with the coin. Ethereum Daily Total Transaction Fee Has Declined Recently According to data from the market intelligence platform IntoTheBlock, the transfer fees on the ETH blockchain have dropped to just 1,720 tokens recently. The indicator […]

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1inch buys $10M Ethereum after major fund withdrawal from crypto investment fund

DEX aggregator 1inch withdrew over $40 million worth of cryptocurrencies from its investment fund and purchased $10 million worth of Ethereum during the early hours of Aug. 28 at an average price of $1650, according to Etherscan data.

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Bitcoin enters the bear zone with price below $26k

Bitcoin’s (BTC) price has been consolidating around the $26,000 mark after its sudden decline from $29,000 on Aug. 18. With the recent regulators’ scrutiny, data shows that BTC might be headed to the bear zone. According to the market intelligence…

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Friend.tech activity plunges, crypto community calls it ‘dead’

The decentralized social media platform, Friend. tech, has witnessed sharp transaction volume and fee income declines over the past week.   According to data provided by the analytics platform Dune, Friend.

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Friend.tech fees drop 70% following $1.7m peak

Earnings on the decentralized social platform Friend.tech plummeted in tandem with its number of daily users. According to the latest data from DeFiLlama, Friend.tech’s earnings started to fall, with more than 70% lower fees by the end of the week…

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PEPE Price Spikes 10% Following Community Address On Rumored Rug Pull

The value of PEPE, one of the most promising assets in the second quarter of 2023, has been faltering in recent weeks. According to CoinGecko data, the meme coin has been in a 33. 6% price decline in the last 14 days.

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Trump NFTs sales volume skyrocket by 3,700% following mug shot release

Former U. S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on Aug. 24. According to Coingecko data, the former President’s collection Series 1 and 2 trading volume jumped by roughly 300% and 3,750% in the last 24 hours to 18.

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Binance records massive $150m Bitcoin withdrawal in 60 seconds

Binance experienced a rapid Bitcoin (BTC) withdrawal worth $150 million across five transactions in one minute, all recorded in the same block.  According to the blockchain tracker Whale Alert data, there were five major Bitcoin withdrawals worth 5,729 BTC (approximately…

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Ethereum whale activity spikes to 16-week high

Ethereum continues to consolidate above $1,600 after last week’s dip, and data shows the past few days have witnessed a significant bump in whale activity. ETH whale activity at highs seen in May According to details shared today by market intelligence platform Santiment, whale activity on the Ethereum network has risen to its highest level […] The post Ethereum whale activity spikes to 16-week high appeared first on Invezz.

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Top NFT floor prices plunge while sales slightly hike

The NFT sales have been constantly dropping since early 2022. The floor prices of some of the top NFT collections plunged further over the past week. According to data provided by CoinGecko, over the past week, the floor prices of…

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Bots Rake in Over $2 Million in Profits Sniping Friend.Tech Keys, Here’s How They Made Millions

According to recent data analyzed by crypto researcher @tomwanhh, so-called maximal extractable value (MEV) bots have been aggressively sniping Friend. Tech keys on the Ethereum blockchain and profiting heavily from the activity.

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Here’s What Could Trigger A Rebound For Ethereum

Here are two Ethereum metrics that are currently showing values that may lead to a rebound for the cryptocurrency’s price. Ethereum Could Rebound Off The Current Market FUD According to data from the on-chain analytics firm Santiment, the crowd seems to have started to bet against ETH in the past few days. There are two […]

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Unknown Bitcoin Whale Emerges as 3rd Largest Wallet, BlackRock & Gemini Suspected

During the past three months, a new Bitcoin whale has emerged, amassing 118,300 Bitcoin worth over $3 billion at current market prices, according to data from BitInfoCharts.

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Algorand’s ALGO token nosedives amid SEC classification and deflating DeFi activity

Algorand’s ALGO token price has plunged to new lows following the crypto market’s epic crash on Aug. 17. According to CryptoSlate’s data, the digital asset fell to an all-time low of $0.

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Bitcoin is undervalued as price consolidated around $26k

Bitcoin (BTC) has been consolidating between $25,800 and $26,100 since Aug. 18. However, market intelligence data suggests that the flagship cryptocurrency is undervalued. According to Santiment, Bitcoin’s market value over realized value (MVRV) ratio on a 30-day moving average has…

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Vitalik Buterin Sends Over $1 Million In Ethereum To Coinbase; Major ETH Sell-Off Ahead?

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A Crypto Whale Deposited $67,000,000 USDC and USDT to Exchanges Following the Market Crash – Here’s What Happened Next

According to on-chain data, after a recent market crash, a whale deposited massive amounts of stablecoins, totaling 10 million USDC and 57 million USDT, to leading exchanges Binance and OKX. Following these deposits, the same whale has withdrawn a total of 17,901 ETH (Ethereum), equivalent to $30 million, from these platforms.

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Data of Over 100,000 FriendTech Users Exposed – But Should Users Be Worried?

Cryptocurrency startup FriendTech suffered a data breach that impacted over 100,000 of its users, according to reports. The exposed user data includes linking FriendTech accounts to individuals’ cryptocurrency wallets and social media profiles.

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Vitalik Buterin stirs market uncertainty with $1M Ethereum transfer to Coinbase

According to on-chain data, a wallet associated with Ethereum (ETH) co-founder Vitalik Buterin sent 600 Ether worth roughly $1 million to Coinbase earlier today. The motive behind the transaction remains speculative as of press time.

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LTC, XRP and XLM prices grow as crypto market turns green

Ripple (XRP), Litecoin (LTC) and Stellar (XLM) gained bullish momentum over the past 24 hours as the global crypto market cap turned green after last week’s “bloodbath.” According to data from Santiment, the social volumes of LTC, XRP and XLM…

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Shiba Inu Army Burns 1,800,000,000 SHIB, Has Shibarium Helped Ramp Up The Burn Game?

The cryptocurrency community has been buzzing with discussions about the burn rate of $SHIB. Over the past week, a staggering 1,840,593,165 $SHIB have been burned across 255 transactions according to data from Shibburn.

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Comprehensive Analysis of STEPN, Kava and Pomerdoge

Investors and traders have begun eyeing STEPN (GMT), Kava (KAVA), and Pomerdoge (POMD) cryptocurrencies as they have solid growth potential, according to analysts. However, to truly see how far they can climb in terms of value, today, we will be going over their on-chart data.

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Bitcoin Plummet Sends 10% Of Supply Into Loss

On-chain data shows Bitcoin’s plummet toward the $26,500 mark has sent 10% more of the total supply into a state of loss. Bitcoin Supply In Profit Has Dropped From 71% To 61% After The Crash According to data from the on-chain analytics firm Glassnode, the supply in profit has taken a big hit with this […]

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First Digital USD soars on Binance as overall stablecoin market sinks to two-year low

The total market cap of stablecoins has been on a continuous decline for 17 months, now standing at $124 billion, its lowest level since August 2021, according to CCData. The data aggregator highlighted a broader impact of the decline in stablecoin’s monthly trading volume.

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Russian turmoil fuels unprecedented USDT/RUB trade volume surge

Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period in Russia.

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Institutional XRP Holdings Rise Rapidly Following Ripple’s Win Over SEC

Now that Ripple has prevailed over the SEC in court, major players are eager to get their hands on XRP. According to recent data, institutions have been getting their hands on the cryptocurrency at a steady rate, as reflected in the digital asset fund flows report.

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