Category: Uncategorized
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BONK diluted market cap crashes $140M, Whitepaper link added
[ad_1] BONK saw over $140 million of its diluted market cap wiped over the last six hours — equating to losing roughly 35% of its total diluted market cap — according to Coinmarketcap data. The total number of BONK holders on Jan. 4, was approximately 98,000 — this number has risen to approximately 106,573 holders…
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Top 10 assets see mixed performance in flat market
[ad_1] The cryptocurrency market cap saw net inflows of $610 million over the past 24 hours and currently stands at $819.59 billion — up 0.09% from $819.04 billion. Bitcoin’s market cap decreased by 0.09% to $323.94 billion from $324.31 billion, while Ethereum’s market cap increased by 0.06% to $153.30 billion from $153.20 billion. Over the reporting…
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Lack of trading volume killed most coins in the past 10 years
[ad_1] A recent study shows that coins last an average of 1.22 years, and the most common reason for dying off is the lack of trading volume, while being a scam and hosting unsuccessful ICOs are the second and third most common reasons for failure. The study examines the lifetime of coins by looking into…
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Bitcoin UTXOs grow despite bear market
[ad_1] Unspent Transaction Outputs (UTXOs) are often referred to as the fundamental building block of Bitcoin. As the Bitcoin network is built on an accounting model based on unspent outputs, they can be used to measure the overall state and growth of the network. Changes in the cumulative value settled through UTXOs, their number, and…
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BTC market dominance exceeds 40% after 6 months
[ad_1] Glassnode data analyzed by CryptoSlate indicates that Bitcoin’s (BTC) market dominance exceeded 40% for the first time since July 2022. BTC market dominance The chart above represents the BTC market dominance since October 2020 with the orange line. The BTC dominance was as high as 70% at the beginning of 2021. However, this percentage…
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Stronghold Digital to restructure $18M debt with convertible preferred shares
[ad_1] Stronghold Digital Mining announced on Jan. 3 that it has reached an agreement with its noteholders to restructure $17.9 million of outstanding debt. Notes are like an IOU from a borrower to a lender and constitute an obligation to pay regular interest to the lender in addition to the repayment of the principal at…
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Crypto OG Erik Voorhees predicts bull market return by 2026
[ad_1] Crypto pioneer and CEO of ShapeShift, Erik Voorhees, predicted the bull market would return within six months to three years. Having been put on the spot for a call, an amused Voorhees told Ryan Sean Adams and David Hoffman of the Bankless Podcast that he often discusses this question with his OG crypto friends…
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Solana maintains positive start to 2023 with green trading
[ad_1] The cryptocurrency market cap saw minor net inflows of around $740 million over the past 24 hours and currently stands at $807.70 billion — up 0.07%. Bitcoin and Ethereum’s market caps decreased by 0.01% to $322.15 billion and 0.15% to $148.80 billion, respectively. The top 10 cryptocurrencies traded flat during the last 24 hours,…
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VanEck forecasts BTC price to hit $10K to 12K in Q1 – $30K by Q3
[ad_1] Investment manager VanEck’s head of Digital Assets Research Matthew Sigel predicts Bitcoin (BTC) will hit $10,000 to $12,000 in the first quarter, which will mark the bottom of the bear market. Sigel added that prices will fall to these levels “amid a wave of miner bankruptcies.” Energy crisis renders mining unprofitable In the company statement,…
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DCG on tight deadline, new Binance acquisition, Silvergate lawsuit, Solana pumps
[ad_1] The biggest news in the cryptoverse for Dec. 22 is dominated by lawsuits, bankruptcies, and acquisitions as the top people in the industry duke it out on a big day for the bear market in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories Digital Currency Group gets Jan. 8 deadline to resolve Gemini earn issues…