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The network value to transactions (NVT) ratio for Bitcoin has reached its highest level in five years, hitting 1,779.542 on Oct. 31st, according to data from Glassnode. The NVT ratio is used to evaluate whether Bitcoin is overvalued or undervalued. The NVT ratio works similarly to the price-to-earnings (P/E) ratio used
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A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade on a pool.Criticizing the hook, a user at X (formerly Twitter) noted that the hook
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Almost a year after the FTX hack of $600 million in tokens, on-chain data revealed recent activity in the perpetrator’s wallet, identified as 0x3e957, on Saturday, Sept. 30, 2023. This is occurring closely to the launch of Ethereum-based ETF in the United States.Based on on-chain data from Spot On Chain, the
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Ripple Labs has once again become the focus of much scrutiny and debate within the XRP community. Recent data points to a
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The token movements have sparked rumours that the exchange might be gearing up for potential sell-offs. All eyes are on the bankrupt cryptocurrency exchange FTX after a wallet owned by it was found to have moved a significant amount of crypto assets. According to blockchain analytics platform Arkham Intelligence, the FTX
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors are discussing the viability of Worldcoin (WLD) following recent events. The project aims to establish a digital ID using iris-scanning to differentiate humans from algorithms. However, regulators worldwide are concerned. Meanwhile, DigiToads (TOADS) is gaining attention
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A dormant Bitcoin (BTC) wallet holding over 1,037 Bitcoin — worth $31 million at current prices — has suddenly awoken after an 11-year slumber, transferring out its entire stash. The 1037 BTC was transferred amid a Bitcoin price of $29,956 and took effect at block height 799701 — approximately 10:51 am UTC on
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Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says.In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.”Investor tells would-be Bitcoin buyers:
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2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was
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Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity. Original Source
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