Cryptocurrency Analysis and News Portal
Despite several high-profile cryptocurrency implosions, the number of people working in the industry has soared over the past four years.According to findings by the crypto research startup K33, the number of crypto-related employees has surged nearly 160% since 2019.In a report titled “The Emerging Crypto Industry,” K33 estimated that the
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This creates a fragile market dynamic as market depth, a metric used to assess liquidity over a 2% spread, remains relatively low compared to trading volume. Buy-side market depth of 1inch on Binance is currently $226,272, according to CoinMarketCap. Spot sellers can capitalize on the leveraged trading activity to prompt
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Worldcoin, an identity verification and crypto project, achieved 2 million signups for its World ID program. The firm credits the global reach to deploying its first custom biometric imaging devices called Orbs. These devices were introduced
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The trading volume of XRP pairs on centralized exchanges grew by a staggering 1351% on Thursday compared to the previous day, Josh de Vos, research lead of crypto analytics firm CCData, noted. The spike came as XRP’s skyrocketed by nearly 100% at one point Thursday. XRP was recently trading at
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XRP climbed as high as 64 cents at one point, its highest level since May. Source
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Matic's aggregated open interest, which is a metric used to assess the nominal value of open derivatives positions, has experienced an even larger uptick over the past 24-hours, rising from $109 million to $160 million, or 47%, according to Coinalyze. That big jump suggests that the rally is being backed
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts, with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode,
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The decentralized cloud storage protocol has seen its market value double this week. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin cash (BCH), a cryptocurrency that originated as a fork of bitcoin, aims to enhance transaction efficiency for both individuals and businesses, and it has remained a prominent player in the top 50 cryptocurrencies based on
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Research findings by K33, a digital assets platform, show a pattern in bitcoin trading, with increased activity during US market hours compared to Asian and European sessions. US market power Despite growing concerns about regulatory uncertainties in the
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