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[ad_1] The open futures interest and the futures estimated leverage ratio metrics had reached their highest levels for over a month, which indicates an upcoming Bitcoin (BTC) volatility, according to Glassnode data analyzed by CryptoSlate. Futures open interest The futures open interest metric reflects the USD value of the total amount of funds allocated in…

[ad_1] Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s in the last two years. Glassnode’s BTC-ETH Market Dominance metric is an oscillator that tracks the macro performance trends for the top two cryptocurrencies. The market cap dominance discounts…

[ad_1] The run-up to Christmas was filled with hope for a Santa rally that would close the year on a high note. Unfortunately, the three days before Christmas Day saw price stagnation, with Bitcoin moving in a tight range between $16,585 and $16,940 over this period. Likewise, Dec. 25 resulted in a flat 0.8%, or…

[ad_1] Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its Nov. 10, 2021, all-time high of $69,044.77, while its market cap is down to $318.943 billion from the yearly high of $902.04 billion  — a 64.64% decline. Let’s take a look at some metrics that can…

[ad_1] Bitcoin (BTC) miner balances started at 1.82 million BTC at the beginning of the year. Despite peaks of capitulation and significant selloff volume, BTC miner wallets still sit at a flat 1.8 million BTC. Mining rewards held in BTC miners’ wallets saw a sharp decline starting in August, likely due to the Poolin exodus.…

[ad_1] Crypto wallets associated with bankrupt trading firm Alameda Research have become active in the last 24 hours, swapping ETH-related tokens for USDT and Ethereum, according to blockchain security firm Peckshield. According to available information, the wallet has funneled the converted funds through mixers and instant exchangers. A data Journalist with Nansen Martin Lee reported similar…

[ad_1] Michael Saylor, executive chairman of MicroStrategy, said on Dec. 28 that his company will introduce a Lightning Network-based product in 2023. In a Twitter spaces conversation, Saylor said that MicroStrategy’s experience building mass-deployable plugins motivated the company to create a similar tool for the Lightning Network — a  network that can process Bitcoin transactions…

[ad_1] Struggling Bitcoin (BTC) miner Argo Blockchain sold its Helios mining facility in Texas to Galaxy Digital for $65 million and also got a $35 million loan from the company as part of the deal, according to a Dec. 28 statement. Following the news, Google Finance data shows that its London shares were up by…

[ad_1] Bitcoin’s cumulative transfer volume (CTV) exceeded $100 trillion in recent weeks, coming in at $105 trillion at present, according to Glassnode data. CTV refers to the accrued monetary value of transactions settled on a particular network. As a measure of activity, it can be used to gauge adoption and pinpoint adoption trends. Bitcoin cumulative…

[ad_1] Euro Pacific Capital CEO Peter Schiff fired back at Mark Cuban in response to the entrepreneur’s previous comments on gold, saying he does not understand precious metal investing. Previously, Cuban had called gold investors “dumb as f*ck.” Cuban says he will buy more Bitcoin if the price drops During a Club Random Podcast posted…