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Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall

Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency.The average year-to-date gains in 2023 across the stocks of top nine public Bitcoin mining firms by market capitalization stood at 257.14%. The figure is almost three times higher than BTC’s

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On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital

On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.In a wide-ranging interview with Cointelegraph, Andersson said he thinks the increasing popularity of decentralized spot trading will inevitably lead

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TON blockchain launches on-chain encrypted messaging feature

The Open Network (TON) has released an on-chain encrypted messaging feature, according to a July 3 announcement from the network’s developer, TON Foundation. The new feature allows for private messages to be sent between TON users. TON Foundation Introduces Encrypted Transaction Messageshttps://t.co/HXKtk0gxKC pic.twitter.com/0z1z4E5ku1— TON (@ton_blockchain) July 3, 2023 TON is a

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Filecoin onchain metrics falling, ChatGPT recommends diversifying with Tradecurve’s TCRV

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States Securities and Exchange Commission’s (SEC) recent classification of FIL as a security has raised doubts about its future. This has resulted in a drop in the value of FIL, Filecoin’s native currency,

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CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M

Well-known crypto executives across the globe have donated to blockchain investigator ZachXBT, aiding in his legal defense against a defamation lawsuit broughtby someone he accused of fraud.ZachXBT is known to his 412,900 followers on Twitter for his investigative work in the blockchain and cryptocurrency sector. On June 16, Jeffrey Huang,

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On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project

Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. According to the post, Jeffrey Huang, known as “MachiBigBrother” on Twitter, has accused ZachXBT of damaging his reputation through false allegations.MachiBigBrother also posted an announcement

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Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin’s on-chain data provides evidence that Bitcoin miners are offloading their holdings. The factors influencing the selling pressure could be reduced earnings from a cooldown in Ordinals activity as well as mining difficulty and hash rate reaching an all-time high. According to on-chain analytics firm Glassnode, “Miners have been sending a significant

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