Category: Latest news

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[ad_1] Ad Online searches for AI crypto coins have declined by over 64% in the past seven days, despite the sector’s market cap being up 15.76% over the same period, according to CryptoSlate data. AI coin searches down Propreitary data from CryptoSlate also indicates that AI crypto global searches for “AI coins” have continued to…

Tim Berners-Lee likens crypto industry to dot-com bubble

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[ad_1] Worldwide web inventor Tim Berners-Lee said crypto is speculative as its value is based on what people think other people will pay for it in the future rather than hard metrics like revenue. Berners-Lee made the comment during his appearance on CNBC’s “Beyond the Valley” alongside Inrupt CEO John Bruce. Berners-Lee likened the crypto…

Bitcoin Ordinals’ adoption, utilization, memory usage drop

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[ad_1] Quick Take Since introducing Ordinals and inscriptions in January 2023, Bitcoin block space, usage, and transactions have grown exponentially. Last week, the 100k Ordinal was inscribed, which shows the traction that Ordinals picked up. However, data suggests the numbers are starting to reverse. Taproot adoption and utilization have dropped by half; adoption is now…

DEX transaction volume on Arbitrum hits new weekly ATH

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[ad_1] Decentralized exchange (DEX) transaction volume on Arbitrum hit a weekly all-time-high of $2.62 billion after climbing 34.5% over the last seven days — making it the third most active blockchain network following Ethereum and Binance Smart Chain, according to DeFiLlama data. Meanwhile, daily transaction volume for DEXs on Arbitrum stood at $373.1 million on…

Supply Last Active 2+ years ago hits over 50% of the circulating supply

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[ad_1] Definition As investors accumulate and store (or lose) coins for longer periods, we can categorize them based on how long it has been since they last moved on-chain. This chart displays an overlay of multiple Supply Last Active variants, each shown as a percentage of Circulating Supply. Supply Last Active 1+ Yrs Ago Supply Last…

TechOps Core Unit takes over management of MakerDAO Github

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[ad_1] MakerDAO announced on Feb. 20 a long-awaited change to its GitHub operations. “We are now at a place where Dai Foundation has handed over the management of the MakerDAO Github organization to the TechOps Core Unit, hoping to reduce bureaucracy and to move Dai Foundation a step further away from day-to-day operational tasks.” The…

Alchemy Pay token price spikes 67% following support for Google Pay

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[ad_1] Leading fiat-crypto payment gateway Alchemy Pay has announced its support for Google Pay — allowing Android phone users to purchase crypto directly with their bank cards. Following the announcement, Alchemy Pay’s native token (ACH) surged up to a local high of $0.04 — recording a 67% gain in the last 24 hours. ACH has…

In the past two bear markets, Bitcoin has used the realized price by year as support

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[ad_1] Definition We can monitor the average price at which coins are withdrawn from all exchanges as a tool to estimate a market-wide cost basis. In this chart, we consider the average withdrawal prices for cohorts established by date, starting on the 1-Jan for the following cohorts: All-time 2017+ 2018+ 2019+ 2020+ 2021+ 2022+ Quick…

Binance takes over 98% of all Bitcoin spot trading volume

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[ad_1] Binance is responsible for almost all Bitcoin (BTC) spot trading — with over 98% of transactions passing through the centralized exchange between Feb. 18-19. Binance’s $6.8 billion dollar volume dominates others in the market — a trend that has only grown since the collapse of FTX, according to data from Coinalyze. Binance dominates market…

Galois Capital shuts down in aftermath of FTX collapse

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