Author: e_cash_top
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Bitcoin’s surge to yearly high marked 99.6% of its supply in profit
[ad_1] Quick Take The past week saw Bitcoin reach a yearly high, hitting $64,000, causing the circulating supply in profit to reach a staggering 99.6%. Notably, on Feb. 26, we observed the supply in profit elevate above 95% for the first time since November 2021, according to Glassnode. Percent Supply in Profit: (Source: Glassnode) As…
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Craig Wright claims coincidence in timing of spoofed emails as DNS records altered yesterday
[ad_1] The highly contentious COPA vs. Wright trial took a dramatic turn today as Craig Wright faced accusations of manipulating key evidence to support his claim of being Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Reporting via the court live stream, CryptoSlate tuned in to hear Wright’s testimony in what is likely to be his final appearance. The…
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Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days
[ad_1] Quick Take Bitcoin’s mining difficulty has seen a downward adjustment of 3%, with the current BTC difficulty standing at 79.35 T, as per data from Newhedge and Coinwarz. Difficulty Adjustment Percent Change: (Source: Glassnode) This marks the second negative adjustment this year, in the wake of roughly two of the past 12 months’ highest…
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Bitcoin hitting $1 million would not make list of top 3 historic bull runs
[ad_1] Quick Take Historical data, as shared by Thomas Fahrer, co-founder of Apollo Sats, illustrates that a future rise of Bitcoin to $1 million would not rank within the digital assets top three bull runs. Data by Fahrer shows that between July 2010 and Jan. 2011, Bitcoin’s price catapulted from $0.05 to $24, a 480-fold…
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Blast network TVL plummets 65% losing $2 billion in 24 hours post-mainnet launch
[ad_1] Crypto investors have swiftly removed their assets on the Ethereum-based layer two blockchain Blast following its Feb. 29 mainnet launch. According to DefiLama and Flipside data, the total value of assets locked (TVL) on the network plummeted by over 65% in the past day, dropping to $745.47 million from a peak of $2.27 billion.…
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Over $3 billion in crypto tokens set to unlock this March, with Arbitrum ‘massive’ unlock
[ad_1] A total of 32 crypto projects are scheduled to unlock more than $3 billion worth of tokens into circulation this March, according to Token Unlocks data. Arbitrum dominates, doubles supply Arbitrum leads this month’s token unlocks, marking a significant milestone since its initial airdrop. The impending unlock is poised to double the asset’s current…
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Coinbase sees massive $1 billion Bitcoin withdrawal
[ad_1] Quick Take Recent developments in the digital asset market have seen massive withdrawals from Coinbase. The event, occurring on Mar. 1 during Asia trading hours, involved a transaction of approximately 16,000 BTC, or roughly $1 billion. Confirmations from multiple platforms, including Santiment, Arkham, and Coinglass, have validated this information. Exchange Balance: (Source: Coinglass) According…
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Exploring SynFutures V3 and the Oyster AMM
[ad_1] SynFutures, a decentralized perps exchange, has been waking waves in DeFi for the past few years. It has prominent investors, a large user base, and an impressive trading volume, which means it has all the factors that could make it a project to watch in 2024 and beyond. In this article, let’s dive into…
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From credit spreads to HODLing patterns: Navigating February’s crypto market shifts
[ad_1] Welcome to the February CryptoSlate Alpha Monthly Snapshot, an exclusive round-up designed for our CryptoSlate Alpha subscribers. In February, our comprehensive reports and insightful articles delved deep into the crypto ecosystem, offering a blend of market analysis, research insights, and forward-looking trends that could shape the future of finance and technology. Our February Alpha…
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ATOR builds deep partnerships in renewed mission to build largest privacy DePIN
[ad_1] In an age where every aspect of people’s internet activity is tracked and analyzed, and trust in corporations to uphold internet privacy is at an all-time low, ATOR has staked their belief that only a decentralized solution can deliver true internet privacy. In their mission to build a universal privacy layer for the internet,…