Polkadot price prediction: DOT ahead of ETHDenver 2023

Polkadot joins the ETHDenver BUIDLing event on 28 February. DOT price is down on Friday as broader markets fall following US PCE data. The technical outlook for DOT price suggests bulls need to hold above $6.

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PolygonScan went down, causing unwarranted concern of blockchain outage

Data from PolygonScan showed that the blockchain had not produced any new blocks or processed transactions for some time, leading some to believe it was suffering an outage.

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Bitcoin Rally Fueled By USD Coin (USDC) Rotating Into BTC: Santiment

On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And Whale Addresses Have Declined Recently According to data from the on-chain analytics firm Santiment, USDC whale and shark addresses have gone down by almost 8% in the last two months.

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Breaking Down Barriers: How Exorde is Democratizing Access to Online Reputation

Exorde is a revolutionary decentralized protocol that aims to make publicly accessible information available to everyone, regardless of language, location, or platform.   Through its community of over 50,000 contributors from all around the world, Exorde analyzes real time data on brands, products, celebrities, policies, and more, creating and selling live e-reputation scores.

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Dogecoin Down 3%, Here’s The Metric That Signaled This Decline In Advance

Dogecoin has declined around 3% in the past 24 hours following a pattern formation that has often signaled tops in the past. Dogecoin Social Volume And Sentiment Shot Up Shortly Before The Decline As per data from the on-chain analytics firm Santiment, euphoria has historically led to price tops in the cryptocurrency.

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Bitcoin isn’t getting less volatile, and that’s a massive problem – a Report

Bitcoin was 26X more volatile on a weekly basis than the euro in 2022, up from 19X in 2021 and 16X in 2020 Key Takeaways     There is a perception that Bitcoin’s volatility is coming down, however the data fails to back this up Bitcoin’s volatility fell until 2015, but it has not improved […] The post Bitcoin isn’t getting less volatile, and that’s a massive problem – a Report appeared first on CoinJournal.

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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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2022 funding wrap: Epic Games, Citadel and LFG lead good year for crypto startups

Crypto had a difficult 2022 in general, but the startling string of major failures, including Three Arrows Capital (3AC), Voyager, Celsius, FTX, and BlockFi, did not slow down venture capital (VC) activity, as evidenced by data from blockchain fundraising tracker…

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Is BNB chain's dominance about to decline? New data suggests...

BNB chain's affairs could slow down due to declining dApp activity. The altcoin's DeFi state remains strong as TVL grows. BNB, one of the largest cryptocurrencies in terms of market cap, recThe post Is BNB chain's dominance about to decline? New data suggests... appeared first on AMBCrypto.

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Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?

As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom.

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Breaking down stats as crypto witnesses 93% YoY decline on exploits

According to research, cryptocurrency hacks caused $8. 8 million in damages in January. When compared to the $121. 4 million in exploitable losses in January 2022, January's data indicated a 92.

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Cardano Slows Down As Large Addresses Distribute ADA

Cardano’s rally has slowed down as on-chain data shows large addresses have been distributing the cryptocurrency in recent days. Cardano Addresses With 1 Million To 100 Million ADA Have Been Selling Recently According to an analyst on Twitter, a total of 31 addresses holding large amounts of Cardano have sold off their coins recently. The […]

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Bitcoin Accumulation And Distribution: Which Cohort Is Taking Part In What

On-chain analytic firm Glassnode has broken down which Bitcoin cohorts have been accumulating and which have been distributed during the past year. Bitcoin Whales Distributed Coins Equivalent To 60% Of Mined Supply In The Last 12 Months As per data from Glassnode, whales, miners, and exchange outflows were the primary distribution sources in the past […]

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Orbeon Protocol (ORBN) Continues Its Bullish Momentum, While Cardano (ADA) and Aptos (APT) Fall Further

Today, the cryptocurrency market saw some winners and losers, with Orbeon Protocol (ORBN) continuing its bullish trend, while Cardano (ADA) and Aptos (APT) were both down. But what is causing this flux in the market? Let’s get stuck into the data.

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Huobi’s revenue drops in 2022 while rivals Binance and OKX register gains

Data provided by the on-chain analyst CryptoQuant shows that Binance and OKX had good performance over the last two years, while Huobi’s revenue is down by nearly 100% along with FTX’s collapse. According to CryptoQuant, Binance’s quarterly revenue rose from…

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Huobi’s HT token drops amid layoffs and insolvency reports

Huobi’s native token plunges, as the reports across crypto media and crypto Twitter hint at layoffs and potential insolvency. HT price down 30% in one month Data from the crypto ranking website CoinMarketCap shows the price of Huobi’s HT token…

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Is The NFT Bull Market Back? Here’s What The Data Says

The NFT market took a rather significant beating in the year 2022 despite reaching its peak trading volume at the start of the year. Since then, volume is down more than 94% as investors move away from these highly illiquid assets.

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Data Shows Whale Interest In Bitcoin At Lowest Since 2020

On-chain data shows the trading interest of whales in Bitcoin is now at its lowest point in around two years. Bitcoin Whale Transaction Count Has Declined Recently According to data from on-chain analytics firm Santiment, the transactions being done on the network by whales have slowed down recently.

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Ethereum Exchange Reserves Decline By More Than 30% In 2022

On-chain data shows investors withdrew a large amount of Ethereum during 2022 as the ETH reserves have fallen by more than 30%. Ethereum Exchange Reserves Sharply Down This Year As pointed out by an analyst in a CryptoQuant post, these investors may have been withdrawing with the aim of holding in the long term. The […]

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Chinese EV Company Nio Falls Victim to $2.25M Bitcoin Blackmail, Vows to Crack Down on Data Theft with Rule of Law

Coinspeaker Chinese EV Company Nio Falls Victim to $2. 25M Bitcoin Blackmail, Vows to Crack Down on Data Theft with Rule of Law The hackers are running a blackmail on Nio, and are asking for Bitcoin payment in exchange for user information stolen from the EV company.

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Nansen Analyst: On-Chain Data Shows Binance’s Financials Are a ‘Black Box’

Andrew Thurman breaks down why the largest cryptocurrency exchange by trading volume may be “tremendously well capitalized” but still veers towards financial obscurity.

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BUSD balance on exchanges down $6B over 30 days

Around $6 billion worth of Binance USD (BUSD) was withdrawn from exchanges in the past 30 days, according to CryptoSlate’s analysis of Glassnode data. The post BUSD balance on exchanges down $6B over 30 days appeared first on CryptoSlate.

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Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst

Robert Le, senior emerging technology research analyst at the data and research company PitchBook, breaks down investment in the coming months and details which areas of the industry are seeing growth right now.

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Bitcoin Whales Double Down On Gigantic BTC Buys Despite Macro Headwinds

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Binance outflows slow down despite audit concerns

Binance's customer outflows appear to be slowing, according to blockchain data from two digital-asset analytics firms.

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Crypto prices may be going down, but adoption is higher than before

Prices may have fallen significantly, but blockchain analysis reveals that cryptocurrency made significant progress adoption-wise during the last bull market. Gabriel Halm — researcher at blockchain data service provide IntoTheBlock — showed in a Dec. 2, 2022 report that despite…

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Bitcoin Miner Hash Price Declines To New All-time Low

Data shows that the Bitcoin miner hash price has now declined to $58.3k per Exahash per day, a new all-time low for the metric. Bitcoin Miner Hash Price Has Continued To Trend Down Recently As per data from the on-chain market intelligence firm Glassnode, miners have remained under extreme pressure in this drawdown. The “miner […]

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Cardano continues to add new wallets. But how is the price outlook?

Is Cardano growth and ADA price going in opposite directions? That’s the snapshot for the Layer-1 blockchain, as the price remains down 18% on Monday amid an intraday recovery of 0. 50%. According to Cardano Blockchain Insights data, there has been an increase in the number of addresses holding ADA.

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FTX US suspends withdrawals, according to on-chain data

The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions

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Solana Ecosystem Imploding in Wake of FTX Collapse

FTX and Alameda, which appear to be collapsing, are dragging the entire Solana ecosystem down along with them, with data suggesting that chain users are now rushing to the exit....

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Bitcoin Miner Selling Power At Lowest For 2022, Green Sign For Market?

On-chain data shows the Bitcoin miner selling power is at its lowest for the year, something that could be favorable for the price of the crypto. Bitcoin Miner Selling Power Has Been Going Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the metric has observed surges in its value a few times this year, and each time the BTC price has gone down.

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Cardano’s network activity spiked significantly in October: DappRadar

Cryptocurrency prices today show that Cardano (ADA/USD) is trading around 7% down over the past 30 days. But as well as gains of over 13% in the past week, data shows the blockchain platform experienced significant network activity in October.

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By The Numbers: Comparing Bitcoin Volatility With Nasdaq And S&P500

Data shows Bitcoin’s monthly volatility has been lesser than both Nasdaq and S&P 500 recently, here are their numbers compared. Bitcoin 30-Day Volatility Has Plunged Down To Just 1.4% In Recent Days As per the latest weekly report from Arcane Research, the US equities having a higher 30-day volatility than BTC has only happened twice […]

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Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Gold down as Senior ETF analyst sees ‘nowhere to hide’

The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold.

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Bitcoin Price Today Will Depend on This Crucial Factor: Report

Data issued later today may define which way Bitcoin price will go – up or down

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Here’s Why This Expert Thinks Bitcoin Prices Might Fall

The data on Bitcoin price movement shows that it has been struggling. Bitcoin has infrequently gone down to the $18K price in the past three weeks. It mostly maintained the $19K price level in the past week.

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Cosmos (ATOM) Leads Gains Among Top Coins

Despite being down 2. 74% as of writing, Cosmos (ATOM) still leads gains among top coins in the past week. The internet of blockchains has had its fair share of roses and thorns during the week. However, data from CoinMarketCap shows that ATOM has enjoyed several peaks and is still trading in the green.

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Calm Before The Storm? Bitcoin Volatility At Historically Low Levels

Data shows the Bitcoin 7-day volatility has plunged down recently to pretty low values. Here’s what has historically happened following instances of such a trend. Bitcoin 7-Day Volatility Has Declined To Just 1.

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Why Bitcoin Miner Revenues Are The Biggest Bear Market Loser

Data shows the Bitcoin miner revenues have plunged down by around 81% since the October peak, here’s why. Bitcoin Miner Revenues Have Lost Big During Bear Market According to the latest weekly report from Arcane Research, the BTC miners’ hashprice is now just down to $0.

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Glassnode: Bitcoin Short-Term Holder Profits Have Been Shrinking For 431 Days Now

Data from Glassnode shows the Bitcoin profit in supply held by short-term holders has been going down for 431 days now. Bitcoin Short-Term Holder Supply In Profit Has Been In Compression Phase Recently According to the latest weekly report from Glassnode, the STH supply in profit usually goes through three phases each cycle. The “supply […]

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Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance

On-chain data shows the Bitcoin aSOPR profit-loss junction has continued to act as resistance to the price of the crypto. Bitcoin aSOPR Bounces Back Down From The Breakeven Line As pointed out by an analyst in a CryptoQuant post, the aSOPR value equal to ‘1’ line has been acting as resistance for around 185 days now.

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Crypto-Mining Data Center Compute North Files for Bankruptcy, CEO Steps Down

The company earlier this year raised $385 million in fresh capital.

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Get Forked: Ethereum PoW Forks Fall 66% In Just Days

Data shows the Ethereum Proof-of-Work forks have sharply fallen down in the few days following the merge. Ethereum PoW Forks Have Fallen 66% In Just Five Days According to the latest weekly report from Arcane Research, the ETH PoW forks have performed very poorly against ETH since the merge.

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Bitcoin Mining Profitability Returns To 2020 Levels, But Why?

Data shows the Bitcoin mining profitability has dropped down to just 2020 levels, here are some reasons behind this trend. Bitcoin Daily Miner Revenues Declined Almost 10% In Last Week Alone As per the latest weekly report from Arcane Research, BTC miners are now making just $17.

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Higher CPI Inflation Forces Markets To Reprice

August CPI inflation data was worse than expectated and the markets repriced in response. Bitcoin falls more than 10% and the S&P 500 closes down 4.3%.

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Bitcoin Data Suggests OTC Transfers Have Been More Active Recently

On-chain data suggests Bitcoin OTC transactions have been active recently, while exchange transfers have gone down. Bitcoin Fund Flow Ratio Declines, While Tokens Transferred Go Up As pointed out by an analyst in a CryptoQuant post, there are signs that over-the-counter (OTC) deals might be going up in the BTC market. The first indicator of […]

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Why Extreme Fear Is Back In Crypto In A Big Way

Data shows the crypto market has once again sunk back down into a state of extreme fear after showing some signs of improvement during the last couple of months. Crypto Fear And Greed Index Says Market Is Extremely Fearful Right Now As per the latest weekly report from Arcane Research, the market has now observed fearful sentiment for five months without a break.

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Helium down 55% in last 30 days as challenges run rife

Helium’s HNT token is in freefall as it has lost roughly 9% of its value in the last 24 hours –the highest over this timeframe– according to CryptoSlate data. The post Helium down 55% in last 30 days as challenges run rife appeared first on CryptoSlate.

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