Bitcoin mining giants lose $2.8B in market cap to crypto market’s sudden crash

The top five largest crypto mining companies collectively lost $2. 8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash. AltIndex data reveals a 30% decline over the past month among the prominent BTC miners.

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Kaspa’s Address Growth Suggests Major Accumulation with KAS Aiming for $0.07

Recent data points to a noticeable accumulation of KAS, as evidenced by the growth in its address distribution. This is a positive sign for the cryptocurrency, suggesting increased interest and holding among investors.

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XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions Fade

Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.

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Starknet’s TVL Drops Nearly 50%, What’s Going On?

The total value locked (TVL) in Starknet, a layer-2 scaling solution for Ethereum using ZK-Rollup, is down nearly 50%, L2Beat data on August 21 shows. At this pace, the contraction in Starknet’s TVL is among the fastest in the layer-2 scene and stands at around $98 million. As of August 16, Starknet had a TVL […]

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Bitcoin Investors Fall Into Fear As BTC Crashes To $26,500

Data shows the Bitcoin market sentiment has plunged into fear as the cryptocurrency’s price has observed a crash to the $26,500 level. Bitcoin Fear & Greed Index Points At “Fear” In The Market The “Fear & Greed Index” is an indicator that tells us about the general sentiment among investors in the Bitcoin and wider cryptocurrency market.

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XRP 20% price crash erases SEC gains, wipes $5B off market cap

Ripple’s XRP lost more than $5 billion of its market capitalization after Thursday’s late-night market meltdown liquidated $1 billion from crypto traders. Data from CryptoSlate shows that XRP is among the top 10 losers for Aug.

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Robust Bitcoin growth trend outpaces inflation, data reveal diminishing return concerns

Quick Take The Compound Annual Growth Rate (CAGR) of Bitcoin, a pivotal marker of consistent returns, has been a subject of interest among investors and market analysts alike. Since Aug. 2019, Bitcoin’s CAGR has been estimated at around 25%.

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U.S. July CPI Matches Estimates With 0.2% Monthly Growth

This morning's inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.

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Shiba Inu emerges as top gainer amid high whale activity

The second-largest meme coin, Shiba Inu (SHIB), became the top gainer among the leading 100 cryptocurrencies. Its price got close to the $0.00001 mark. Santiment data shows that SHIB’s recent rallies are activated by the high whale activities and transactions…

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Bitcoin Pushes Higher to Above $29.5K After Weak China Data Sends Yields Plunging

Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain’s avax (AVAX) fell 1.5% to lead losses among major tokens.

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Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases

Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for central bankers and other inflation watchers.

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Dogecoin Trading Volume At 16-Week High As DOGE Jumps 9%

On-chain data shows that the Dogecoin trading volume has spiked to high levels following the 9% rally that the meme coin has enjoyed recently. Dogecoin Trading Volume Is Now At Highest Point Since Start Of April According to data from the on-chain analytics firm Santiment, DOGE has seen a significant uplift in interest among traders […]

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Crypto Tech Renaissance: AI And Big Data Push 300% Growth In 2023

The fusion of Artificial Intelligence (AI) and “Big Data” has emerged as a standout phenomenon in the ever-evolving world of cryptocurrency. This dynamic sector has earned its place among the top 10 industries experiencing a remarkable market cap growth this year.

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Bitcoin Fear & Greed Index Drops To Neutral For The First Time In July

Data shows that Bitcoin investor sentiment has worsened to neutral for the first time in July as the asset’s price has continued to endlessly consolidate. Bitcoin Fear & Greed Index Is Now Pointing At “Neutral” The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors in the […]

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Crypto High Risk Appetite Noticed Among Investors as They Convert Stablecoins Fast Now

Analyst has shared recently published data about stashes of stablecoins being quickly converted into the following digital assets

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Bitcoin Liquidations Drop to Lowest Since April, Indicating Waning Interest Among Futures Traders

Trading volumes slumped 55% on Tuesday compared to Monday in a sudden market shift, data shows.

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Google Faces Class-Action Lawsuit Over Misuse of Personal Data to Train AI

Google faces a class-action lawsuit alleging misuse of personal consumer data to train its AI models. The suit accuses Google of unfair competition, negligence, privacy invasion, and copyright infringement among other charges.

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Binance, Coinbase and Gemini staff are among the least happy, data suggests

Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.

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AI-Backed Blockchain Data Startup Web3Go Raises $4M

Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.

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XRP, Cardano Among Altcoins To Keep An Eye On: Santiment

Data from Santiment shows XRP and Cardano, among other altcoins, may be the ones worth keeping an eye on in the coming days. Social Dominance Of Altcoins Like XRP & Cardano Has Remained Low Recently According to data from the analytics firm Santiment, Bitcoin is seeing the greatest attention in the market right now, while some of the alts aren’t being talked about that much.

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Maker (MKR) Gains 30% In 7 Days, What’s Next?

Over the course of seven days, Maker (MKR) has experienced remarkable growth, showcasing its potential as a lucrative investment opportunity.    According to data from CoinMarketCap, MKR has recorded a significant gain of 30% in this timeframe, sparking much interest and optimism among its numerous traders and holders.

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Miners sent 260% of their daily revenue to exchanges

Bitcoin’s recent price surge has triggered a massive sell-off among miners, with on-chain data revealing that miners sent an equivalent of 260% of their daily mining revenue to exchanges on June 27.

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Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again?

Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have come into the new week expecting the price of the cryptocurrency to retrace towards the $27,000 to $29,000 range.

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NEAR, APE and CAKE are top gainers despite market downtrend

NEAR Protocol (NEAR), ApeCoin (APE), and PancakeSwap (CAKE) have emerged as the leading gainers among mainstream crypto assets, defying the prevailing market downtrend that has affected tokens like bitcoin (BTC) and ether (ETH).

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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.

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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.

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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.

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Ethereum: L2 data fees reaches ATH, how the spoils were shared

The hike in fees denotes a 5x increase from the value when the year began. Among all L2 projects, Arbitrum remains the one with the most market share.  Layer two (L2) solutions under the EtThe post Ethereum: L2 data fees reaches ATH, how the spoils were shared appeared first on AMBCrypto.

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Toncoin (TON) Continues Downward Trend As Bears Maintain Control

Toncoin (TON) has experienced a negative price decline, resulting in a bearish sentiment among investors of the altcoin. TON has been exhibiting a bearish strength on a monthly timeframe, based on data from CoinMarketCap.

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Paxful traders from US, Kenya, and Ghana prefer using online wallets

Paxful, the popular crypto peer-to-peer (P2P) trading platform supporting the trading of, among other assets, bitcoin (BTC) and USDT, a stablecoin, has released data showing which payment methods its clients prefer.

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Darknet hackers are selling crypto accounts for as low as $30 a pop

Cryptocurrency accounts still fetch the highest prices among hacked online accounts, according to online data security provider Privacy Affairs.

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Litecoin (LTC) Price Dips as Miners Sell Large Amounts of Coins, What’s Next?

As Litecoin's halving event approaches, bullish speculators anticipated an accumulation trend among Miners. But on-chain data paints a contrary picture. The post Litecoin (LTC) Price Dips as Miners Sell Large Amounts of Coins, What’s Next? appeared first on BeInCrypto.

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OpenAI’s ChatGPT reenters Italy after obliging transparency demands

The revocation of the ban in Italy required ChatGPT to reveal its data processing practices and implement age-gating measures, among other legal requirements.

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Bitcoin Traders Count Losses As Total Liquidations Approach $300 Million

Bitcoin (BTC) traders have experienced a tough week as the cryptocurrency dipped below $30,000, causing panic among traders who shorted Bitcoin in the hope of the asset’s price moving upwards.   According to data provider Coinglass, many traders are counting their losses, and a record of approximately 87,977 traders have liquidated over the past 24 hours, totaling $291 million and counting.

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Chiliz (CHZ) Whales Aim for Rebound, Could Summer Sports Trigger Price Rally? 

In-depth on-chain data analysis suggests that the accumulation trend among Chiliz (CHZ) Whales could soon trigger a price upswing.  The post Chiliz (CHZ) Whales Aim for Rebound, Could Summer Sports Trigger Price Rally?  appeared first on BeInCrypto.

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Bitcoin is in the middle of accumulation, on-chain data shows

In recent developments, multiple indicators by Glassnode suggest that bitcoin (BTC) is currently in an accumulation phase. Several on-chain data points have reached all-time highs (ATH), indicating increased interest and long-term holding among the investors. This metric measures the percentage…

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Long-Term BNB Holders Remain Optimistic as Binance Battles Regulators

BNB, has experienced a 7% drop since the CFTC lawsuit announcement. On-chain data reveals how optimism among long-term holders can trigger a BNB price rebound in the coming weeks. The post Long-Term BNB Holders Remain Optimistic as Binance Battles Regulators appeared first on BeInCrypto.

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Bitcoin On-Chain Data Shows No Signs Of FUD Among Binance Users

Despite CFTC suing Binance, Bitcoin on-chain data has so far shown no signs of FUD developing among traders on the cryptocurrency exchange. Bitcoin On-Chain Metrics Related To Binance Are So Far All Normal Yesterday, news came out that the US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO, Changpeng […]

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NEO Token Surges 5% In Last 24 Hours Despite Market Downtrend

NEO emerged as number two among the top-gaining coins today when most cryptocurrencies are down. CoinMarketCap data shows the token has increased by over 5% over the last day and is trading at $12. 77.

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On-chain data shows bullish growth for game-fi universe

According to DappRadar’s most recent Games Report, on-chain gaming activity rebounded from a “tough” 2022 in early 2023. Leading the charge in momentum are the usual incumbents in the game-fi sector, most notably Gala Games (GALA/USD), Axie Infinity (AXS/USD), Decentraland (MANA/USD), Floki Inu (FLOKI/USD), among many others.

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Galaxy Digital Predicts the Bitcoin NFT Market Might Hit $4.5 Billion

A recent study by Galaxy Digital has tipped the Bitcoin NFT marketplace to hit $4. 5 billion in market cap in the next two years. This is due to the growing interest among the NFT community to inscribe/mint various types of data on Satoshis, the smallest unit of a Bitcoin.

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Bitcoin Sentiment Returns To Neutral As Price Tumbles Down

Data shows the Bitcoin market sentiment has declined to neutral today as the price of the asset has dropped below the $22,000 level. Bitcoin Fear And Greed Index Now Points At “Neutral” Sentiment The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin market. The […]

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Data Suggests Sharks Were Behind Litecoin’s 89% Rise To $97, But What About Now?

Litecoin (LTC) has seen one of the highest rallies among the top 20 largest cryptocurrencies, jumping over 89% since the market crash following the FTX collapse. While there are a number of factors that could’ve prompted this news, on-chain data suggests that sharks are the likely culprit.

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Ziliqa price: here’s why ZIL token is up nearly 50% today

Ziliqa (ZIL/USD) is up more than 49% in the past 24 hours. According to data from CoinGecko, the digital token is currently the best gainer among the top 100 cryptocurrencies by market cap, gaining more than Cardano’s 13% and Solana, whose SOL is up 21%.

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Research: Sentiment among Bitcoin and Ethereum options traders flips bullish

Glassnode data analyzed by CryptoSlate showed significantly greater open interest calls for Bitcoin and Ethereum. The post Research: Sentiment among Bitcoin and Ethereum options traders flips bullish appeared first on CryptoSlate.

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Crypto Market Remained Fearful Throughout 2022, Will 2023 Be Different?

Data shows the crypto market was fearful for almost the entirety of 2022 and has so far continued the streak into the new year. Crypto Fear And Greed Index Continues To Point At “Fear” The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto market. […]

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New Data Shows Over 80,000 Crypto Related Jobs Filled In 2022, Despite Mass Layoffs

The weakening crypto market and contagion among companies as a result of the implosion of the Terra ecosystem in mid-May and the unexpected collapse of FTX last month have had a significant impact on the industry’s headcount, which is perhaps its most important asset.

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XRP Whales Are Moving Millions From Binance as Looming Litigation Causes Record Outflows

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The Different Types of Consensus Algorithms in Blockchain Platforms

A consensus algorithm is a procedure used in computer science in which participants of a distributed network agree on the state of the network or the state of a single data value and establish trust among unknown peers in the network.

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