Cryptocurrency Analysis and News Portal
A few weeks after launching, the Spacemesh protocol is making steady progress. Following nearly five years of research and development, the platform has demonstrated positive outcomes. Notably, this growth is without extensive marketing efforts and is primarily driven by word-of-mouth Tomer Afek, the co-founder and CEO, takes us through the project,
Read More
A crypto wallet belonging to the 1inch Investment Fund has bought huge amounts of Ether (ETH) a month after recently cashing out on its dollar-cost averaging (DCA) buys throughout the first quarter of 2023. Blockchain analysis platform Lookonchain, which follows and posts smart profitable trades, flagged the transaction. According to the
Read More
Ether's global estimated leverage ratio, calculated by dividing the dollar value locked in the active open perpetual futures contracts by the total number of coins held by derivatives exchanges, has declined from a multi-month high of 0.28 to 0.22. Bitcoin's ratio has slid from 0.27 to 0.21, the lowest since
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In July, Kraken reinforced its dominance as the top platform for altcoin trading in the US. Kaiko reports reveal that Kraken commanded nearly 50% of the market depth for the top 10 altcoins. On Aug. 9, Kaiko’s research
Read More
To combat galloping inflation early in 2022, the U.S. Federal Reserve began what's now become an historic run of monetary tightening, raising its benchmark fed funds rate target more than 500 basis points over the past 17 months. The most recent rate hike was at the Fed's last policy meeting
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The volume of NFT theft decreased significantly in July — a 20% fall compared to June. According to the PeckShield study, a blockchain security company, July saw $1.73 million worth of stolen NFTs — a 20%
Read More
The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022. Original Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CCData, a global data provider, released a new report on cryptocurrency exchanges’ performance for July. The report analyzes the performance of the main cryptocurrency exchanges in the crypto industry in different market segments like spot and
Read More
The unemployment rate TKTK to 3.X% versus estimates for 3.6%. Original Source
Read More
Trading activity rose 24% to $940 million, registering the first increase in four months, according to data tracked by CCData. Volumes in bitcoin (BTC) options rose 16.6% to $734 million, while ether (ETH) options registered a 60% increase to $207 million. Source
Read More