Cryptocurrency Analysis and News Portal
Back in 2016, 119,756 Bitcoin were stolen from the Bitfinex crypto exchange. Some of these coins have continued to move between wallets over the years, including as recently as Monday.Blockchain data shows that an unknown crypto user has moved 270.97974 Bitcoin (BTC) from a wallet associated with the hack. The
Read More
Ethereum is still the most popular off-chain destination for bitcoins (BTC) as the total supply of tokenized BTC reached 150,000 BTC ($2.05 billion) at the end of October, up 21% since September.Growth has slowed significantly, however, since the decentralized finance (DeFi) craze that peaked near the end of Q3. Roughly
Read More
Yearn.finance’s YFI token is surprisingly resilient today despite the turbulence throughout the aggregated crypto market. While Bitcoin is
Read More
Wright and the Kleiman estate will now put their arguments before a jury in January. Source
Read More
While the winnings of a bank heist can be hard to track, it’s a different story for Bitcoin
Read More
Litecoin appears to have gained some visibility despite its lackluster price action. The eighth-largest cryptocurrency in the market
Read More
Nearly $60 million worth of bitcoins moved to Ethereum during June, according to data estimates from Dune Analytics. Wrapped Bitcoin, the oldest tokenized bitcoin protocol on Ethereum, is responsible for roughly 75% of that growth after moving more than 4,800 BTC to Ethereum last month. Demand has increased for using bitcoin
Read More
Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook.New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six
Read More
Quick take:61% of the Bitcoin circulating supply has not moved in 1 year. 44% has not moved in over 2 years, and 28% in over 3 years. The percentage of Bitcoin that has not moved is an indicator of investor confidence in BTC being a store of value. Bitcoin investors are true hodlers
Read More
Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased. Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved
Read More