Has Bitcoin Reached “Euphoria” Yet? What On-Chain Data Says
Here’s what on-chain data says regarding if the latest Bitcoin rally has hit the overheated “euphoria” stage where past bull runs topped
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Reached
SAG-AFTRA strike ends as AI deal reached, Hollywood still torn
The Hollywood actors’ union — the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) — concluded its strike on Nov. 9 after 118 days of picketing, with new deals on various proposed stipulations, including artificial intelligence (AI) usage. Since then, the union has released a summary of its final
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Bitcoin mining difficulty reached new ATH
On Oct. 30, Bitcoin (BTC) mining difficulty increased by 2.35%, setting a new all-time high. This is the fourth increase in a row, according to BTC.com. At the time of writing, Bitcoin mining difficulty is 62.46 T. The average Bitcoin hashrate (the total computing power of equipment mining cryptocurrency) at the current
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Crypto Investor Buying Power Just Reached A 6-Month High, What This Means
For the crypto market to fully enter another epic bull run, investors must be willing to purchase digital assets in large quantities.
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Number Of Ethereum Addresses Losing Money Just Reached A New All-Time High
Ethereum holders have been subject to uncertainty over the last few months as bulls and bears have struggled for control. With the
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Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex
Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value metric, which measures the realized capital of Bitcoin (BTC) and Ether (ETH) with the combined supply from the top five stablecoins: Tether
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The Coinbase layer-2 network reached 136k daily users
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase reached has reached 136,000 daily users following the announcement of its new blockchain. According to Dune Analytics, nearly 30% of the daily users on August 10 were new users, representing 42,000 of the total. On July
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Crypto custody market reached $448 billion in 2022: Report
The digital asset industry reached over $3 trillion at its peak in November 2021. However, the custodial part of the market remained at the more modest mark of $447.9 billion in 2022. These numbers are cited from a joint report on the state of digital asset custody conducted by the consulting
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NFT Royalty Payments Reached Two Year Low in June: Nansen
According to a report from data analytics platform Nansen released Wednesday, NFT royalty payments sunk to a two-year low in June. Royalty payments reached their peak in April 2022, contributing to 28,000 ETH, or nearly $76 million, in one week of creator earnings. Meanwhile, June’s peak week saw creators collectively
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Bitcoin BTC Price Has Reached ‘a General Accumulation Phase’: Analyst
Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed almost entirely unaffected by the Wednesday, late-night U.S. House vote to pass a debt ceiling increase that would ensure the
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