Category: Uncategorized
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Former US President Donald Trump launches NFT collection
[ad_1] Former US President Donald Trump brings his first NFT collection, known as Collect Trump Cards. Jesus Christ there’s a commercial for it. 🤦♂️ pic.twitter.com/aNOSlq7mX2 — Autism Capital 🧩 (@AutismCapital) December 15, 2022 According to the official website, each NFT costs $99 and is designed by illustrator Clark Mitchell. Additionally, these Trump Digital Trading Cards…
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Ethereum addresses with over 32 ETH hit ATH while participation rate drops
[ad_1] Glassnode data examined by CryptoSlate analysts revealed that the number of Ethereum (ETH) wallets that hold over 32 ETH hit an all-time high (ATH), even though the participation rate is lagging. Number of addresses The chart below demonstrates the changes in the number of ETH addresses that hold over 32 ETH since the beginning…
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Chainalysis data reveals FTX collapse caused $9B in realized losses
[ad_1] FTX’s collapse resulted in around $9 billion in realized losses for crypto investors, according to a Chainalysis report. Chainalysis noted that this loss paled compared to Terra’s UST depeg, which caused a loss of $20.5 billion. The implosion of crypto firms like Celsius and Three Arrows Capitals led to $33 billion in realized losses. Source:…
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Total crypto market cap makes 4 week high to $874B following CPI release
[ad_1] The total crypto market cap recorded inflows of $27.2 billion in the last 24 hours to post a four-week high of $871.4 billion. This suggests investors’ confidence is returning following the FTX scandal and wider, ongoing macro factors. Total crypto market cap The previous market cap local top of $1,064.4 billion was achieved on…
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Craig Wright vs Hodlonaut trial could go to second round
[ad_1] Crypto influencer Hodlonaut has updated the community regarding his legal quarrel with Craig Wright and said that Wright appealed his loss and called for a new trial. Hodlonaut said they responded by trying to reason with the authorities as to why Wright’s appeal shouldn’t be heard. “Craig has appealed his loss in Norway. We…
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On-chain Bitcoin metrics show the bottom may not be in
[ad_1] CryptoSlate’s analysis of on-chain Glassnode metrics indicated mixed results for a Bitcoin bottoming. Previous research published on Sep. 27 looked at the Percent Supply in Profit (PSP,) Market Value to Realized Value (MVRV,) and Supply in Profit and Loss (SPL) metrics, all of which indicated a bottom was forming at the time. In revisiting…
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Bitcoin nears $18K following CPI data release
[ad_1] The total cryptocurrency market cap saw net inflows of $15.74 billion and currently stands at $871.87 billion — up 2.06% over the past 24 hours. Bitcoin and Ethereum’s market cap was up 2.51% and 2.94% to $343.79 billion and $162.67 billion, respectively. The top 10 cryptocurrencies all posted gains over the reporting period. Solana…
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Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick
[ad_1] Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s (BTC) value gaining upward momentum over the past 30 days. GBTC discount rises to above 50% Grayscale’s Bitcoin Trust (GBTC) traded at a record discount rate of 50% on Dec. 13 following the US SEC’s defense of its refusal to…
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Institutional appetite for Bitcoin has evaporated as OTC trades approach YTD low
[ad_1] Institutional appetite for Bitcoin (BTC) has slowly evaporated due to the current bear market situation and is reflected in the significant drop in over-the-counter (OTC) trades, according to an analysis of Glassnode data by CryptoSlate. A bull run in 2021 saw several institutional players pile into the flagship digital asset, but that interest faded…
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BTC on exchanges falls to new lows since 2018
[ad_1] Less than 12% of the current Bitcoin (BTC) supply is held on exchanges, marking a new low since January 2018, according to Glassnode data analyzed by CryptoSlate. The chart below demonstrates the BTC balance held on exchanges with the orange line and starts in Jan. 2018, when the balance was just above 10.8%. BTC…