Cryptocurrencies
Bitcoin Supply Held by Long-Term Holders Hit ATH as BTC Exchange Outflows Dominated
Long-term holders have emerged to be significant players in the Bitcoin ecosystem as their accumulation continues to scale the heights.
Crypto Open Interest and Trade Volume Reach Levels since March
Open interest and trade volume in the crypto market have increased based on the latest surge in prices.
Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers
BOTS Inc has announced that it has started allowing Tesla vehicle buyers to pay with cryptocurrencies like Dogecoin and others.
16.4% of Total Bitcoin Supply Back to Profitability as Daily BTC Addresses Edge Closer to the 1M Mark
16.4% of total BTC supply is back to profits, which indicates that approximately 3.08M BTC were last spent, and thus have an on-chain costs basis in this price range.
Short-Term BTC Holders Experience Slight Profits as Bitcoin-Gold Realized Correlation Turns Negative
Short-term Bitcoin holders have a reason to smile because they are back to profitability.
Bitcoin Stands at Crucial Level of Support at the $45K Region
Market analyst Michael van de Poppe believes that Bitcoin has retraced to a crucial level of support at the $45K area.
Ethereum’s Perpetual Swaps Open Interest Tops $8B for the First Time Since May
Ethereum’s open interest continues to be correlated with its price, as acknowledged by data analytic firm IntoTheBlock.
South Korean Banks Earns More Than Double Revenue from Crypto Transactions in Q2
Despite heavy fluctuations in the cryptocurrency market in the second quarter of this year, South Korean banks enjoyed a sharp increase in revenue from crypto transaction fees.
Ethereum is Set to Become Deflationary after the London Hardfork Went Live
Ethereum is expected to become deflationary, given that its value is anticipated to continue increasing with time on the foundation of slashed supply prompted by the London Hardfork or EIP 1559 upgrade.
Ethereum’s Surge Above $2,700 for the First Time in 2 Months Causes Crowd Euphoria
Ethereum’s uptick above $2,700 not experienced in two months has made the crypto community excited.