Author: e_cash_top

[ad_1] Decentralized exchanges on the Solana blockchain have set a new monthly record for trading volume, surpassing $60.34 billion in March, based on DeFiLlama data. This achievement more than doubles the previous record of nearly $28.14 billion from December 2023 and is the second-highest volume of all blockchains — surpassed only by Ethereum’s $77.55 billion…

[ad_1] Bitcoin fell over 4.5% to a local low of $68,000 on April 1, marking a red start to the month after seven consecutive monthly closes in the green. The flash crash resulted in $319.43 million in liquidations over the past 24 hours — with longs making up the vast majority at $252.42 million. While…

[ad_1] Quick Take According to data from the Bold Report, Bitcoin exchange-traded products (ETPs) have achieved a significant milestone, accumulating over 1 million BTC. This translates to an impressive $74 billion in assets under management (AUM). This accumulation represents more than 5% of Bitcoin’s circulating supply, which is approximately 19.7 million Bitcoin. In mid-March, these…

[ad_1] Crypto hacks saw a consecutive monthly decline, with malicious players stealing roughly $79 million from decentralized finance projects in March. The fall represents a 48% decrease from the $160 million stolen in February. Blockchain security firm CertiK stated: “Combining all the incidents in March, we’ve confirmed [approximately] $79 million lost to exploits, hacks and…

[ad_1] Quick Take Bitcoin on-chain data by Glassnode portrays a bullish sentiment, underscored by robust support levels influenced by short-term holders‘ behavior. The Short-Term Holder Realized Price (STH RP), reflecting the average on-chain acquisition cost for coins moved within the last 155 days, recently soared to an all-time high of $57,547. Notably, its 7-day percent…

[ad_1] Last week, the digital asset market witnessed a significant influx of over $800 million, spearheaded by Bitcoin’s dominance, according to the weekly flow report shared by CoinShares‘ head of research James Butterfill. This surge marks a swift rebound following the near $1 billion outflow observed in the previous week. Bitcoin, US see significant inflows.…

[ad_1] Polygon’s CEO Marc Boiron emphatically stated that the layer-2 network was not considering developing layer-3 protocols because of the potential risks they pose to Ethereum’s security. Boiron made this statement on the back of the early success of Degen Chain, a layer-3 network running on the Coinbase-backed scaling solution Base. Layer 3 protocols enhance…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…

[ad_1] Quick Take As the highly anticipated Bitcoin halving event draws closer on Apr. 20, the digital assets community is keenly observing Bitcoin’s price movements throughout various halving cycles. While an examination of returns from cycle lows and highs suggests that the diminishing returns theory may not align, a deeper analysis of price performance between…

[ad_1] Quick Take Bitcoin closed March on a strong note, achieving its highest monthly and quarterly closing prices above $70,000. The leading digital asset by market cap has experienced significant growth in 2024, with a year-to-date rally of over 57%, driven by increasing institutional adoption and investor interest. However, the new quarter started with a…