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Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
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Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.

Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
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Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com

Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax Platform Accointing.Com to allow users to track their portfolios in one place.

Lido Finance Halts Operations on Solana Following Community Consensus
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Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.

Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play
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Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play

The Realized Cap HODL Waves indicator, as availed by Glassnode, illustrates a pattern of accumulation is in play in the BTC market.

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
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Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.

Second Bitcoin Whale Spotted Holding At Least 100,000 BTC Worth $2.8 Billion
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Second Bitcoin Whale Spotted Holding At Least 100,000 BTC Worth $2.8 Billion

For the first time since June 24th 2020, Bitcoin has a 2nd whale address with 100k+ BTC tokens held, according to on-chain data provider Santiment.

Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle
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Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle

Transaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.

The Number of Bitcoin Addresses Holding At Least 1,000 BTC Hit a Monthly Low
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The Number of Bitcoin Addresses Holding At Least 1,000 BTC Hit a Monthly Low

The number of BTC addresses holding more than 1,000 Bitcoins plummeted ``to a1-month low of 2,152.

Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
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Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests

A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.

ETH Price Surpasses $2,000 Despite New Supply After Shapella Update
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ETH Price Surpasses $2,000 Despite New Supply After Shapella Update

Despite concerns of a potential dump due to a new supply of Ether hitting the markets after the Shapella update, the price of ETH has surpassed $2,000 and maintains the level. Only around 1% of staked ETH may hit the market after Shapella, according to crypto analytics firm Glassnode. Crypto exchanges have expressed support for ETH unstaking.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High
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Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January
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Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January

Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.

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