Crypto markets saw minimal volatility over the past 24 hours despite Digital Currency Group (DCG) subsidiary company Genesis Global Capital filing for Chapter 11 bankruptcy on Jan. 19. Insolvency rumors were circulating as early as November 2022, when Gemini exchange paused withdrawals from its Earn program due to Genesis, its lending partner, pausing withdrawals. The […]readmore
Previous on-chain research suggested the Bitcoin market bottom was in. CryptoSlate revisited several Glassnode metrics, which continue to indicate a bottoming of price. However, macro factors, which may not have been present in previous cycles, remain in play, potentially impacting the current cycle. Bitcoin Supply P/L Bands Bitcoin Supply P/L Bands show the circulating supply […]readmore
Nouriel Roubini renewed his objections to crypto, warning people to stay away as 99% of it is a scam. “FTX, SBF are not an exception; they are a rule. Nearly 99% of crypto is a scam, criminal activity, bubble, Ponzi scheme. It’s going bust.” Roubini has a long history of voicing negative opinions about digital […]readmore
Data analyzed by CryptoSlate showed a strong contrast between Bitcoin and Ethereum Spot to Futures Volume (SFV) trends, with the former’s SFV continuing to rise. The Spot to Futures Volume metric looks at the ratio of spot volume against futures volume for a particular cryptocurrency. Spot price refers to the current quote for the immediate […]readmore
Decentraland (MANA) has recorded a strong performance over the past week, growing 73% to $0.7090 at the time of press. This falls just short of MANA’s pre-FTX collapse price of $0.7137. Since Jan. 08, the total crypto market cap has grown substantially, adding $156 billion to set off a spike in token prices across the […]readmore
Bitcoin options traders have overwhelmingly re-revised their expectations to $30,000 by the end of March, according to Glassnode data analyzed by CryptoSlate. Recent price action took a decidedly bullish tone during the second week of the new year. Since Jan. 8, BTC recorded seven consecutive green daily closes, which took it 25% higher and recaptured $20,000 […]readmore
Shiba Inu teased the launch of Shibarium in a recent blog post, saying a beta version is close to rolling out. In Late December 2022, a year-old cryptic tweet from Lead Developer Shytoshi Kusama resurfaced, in which he said by the end of 2022, “chess pieces begin to slide,” and “then the real fun begins.” […]readmore
Self-described “DeFi, non-custodial, banking protocol,” Meld responded to allegations of foul play, stating no insider trading had taken place on its platform. Meld denies wrongdoing The accusations stemmed from on-chain analysis conducted by TapTools, highlighting a series of large token sales. Further sleuthing revealed the address responsible had sold tokens worth 1.24 million ADA, or […]readmore
The total crypto market cap surpassed $900 billion on Jan. 12 to record a nine-week high. In conjunction with several tokens recording “monster gains” recently, some have taken this as an indication of the advent of a new bull run. Crypto market cap shows signs of recovery Nine weeks ago, the fallout from the FTX […]readmore
Richard Heart took to Twitter teasing a PulseChain screenshot, adding, “Its [sic] working on private v3 testnet.” Word of PulseChain first broke in July 2021, with the accompanying press release openly admitting its intention to fork the Ethereum code and add “significant enhancements,” including cheaper gas fees and quicker block times, at three seconds versus […]readmore
Copyright © 2024 Digiqole. All Right Reserved.