Browsing Category
Analysis
Market volatility spikes after Powell hints Fed could slow rate hikes amid banking stress
Federal Reserve Chair Jerome Powell said on May 19 that the interest rates may not have to be increased as much as previously estimated to slow down the economy.
Powell said that “developments” in the banking sector are resulting in tighter…
Long-term Bitcoin holders sell nearly 50K BTC – marking 2023 high
Long-term Bitcoin (BTC) holders sold nearly 50,000 BTC on May 15, setting a record for such sales this year.
This measure represents revived supply or the amount of the Bitcoin supply that has re-entered circulation after remaining…
Bitcoin halts four day slide as CPI comes in better than expected
Spurred by better-than-expected U.S. Consumer Price Index (CPI) data, Bitcoin saw a 1.6% increase in the 13:30 (BST) 30-minute candle to close at $28,197.
The move was accompanied by high volume to break a four-day slide for the leading…
Crypto investment products recorded over $50M in outflows – almost all from BTC
Crypto-based investment products market recorded $53.7 million in outflows during the week of May 1-7, with Bitcoin (BTC) based products accounting for almost all, according to CoinShares’ weekly report.
BTC and short-BTC-based products…
Over 75% of global institutions anticipate a successful cyber attack within a year
Around 78% of organizations worldwide expect a successful cyber attack to occur in the next 12 months, Trend Micro’s latest report revealed on May 4.
This rate is especially surprising considering the report also calculated the cyber risk…
Floki Inu rallies 50% alongside testnet staking launch, Binance.US listing
Floki Inu (FLOKI) gained 50% over 24 hours on April 24.
Floki reaches $410M market cap
As of 7:15 p.m. UTC, FLOKI was valued at $0.00004232 (1/236 of a cent), marking a high not seen since February 2022.
The asset has a large supply of…
Bitcoin drops to $27.3k; liquidations reach almost $200M
The price of Bitcoin (BTC) fell to about $27,300 as almost $200 million was liquidated from the cryptocurrency market on April 21.
Nearly $200 million liquidated
According to Coinglass, the crypto market saw $191.98 million liquidated over…
Meme season blamed for jump in Ethereum (ETH) gas fees
Ethereum (ETH) gas fees jumped to a 10-month high — prompted by a surge in meme coin mania.
Per Glassnode, the median Ethereum gas price over a seven-day moving average (7DMA) reached 43.641 gwei — a price last seen on June 30, 2022.
Gwei…
BitTorrent token defies market uncertainty; BTT posts 22-week high
BitTorrent (BTT) spiked as high as $0.00000090 to mark a 22-week high for the file-sharing token – leading the top 100 in the process.
A sharp sell-off on Wednesday saw crypto prices tumble, leading to general uncertainty today. However,…
MEV bot responsible for 7% of total gas on Ethereum network in 24 hours
MEV bot “jaredfromsubway.eth” is responsible for 7.26% of the total gas spent on the Ethereum (ETH) network in the last 24 hours, according to dune analytics data.
According to the data, the bot spent 560.08 ETH — worth $1.1 million — in…