Category: Uncategorized

[ad_1] Ethereum (ETH) has regained its peak dominance against Bitcoin (BTC), according to Glassnode data analyzed by CryptoSlate. The BTC-ETH Dominance metric is an oscillator that tracks the macro outperformance trends between the top two crypto-assets. It considers only the market cap of Bitcoin relative to the combined market cap of the digital currencies. So…

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $21.1 billion to $1,004.8 billion from $1,025.9 billion as of press time — down 2%. During the reporting period, Bitcoin’s market cap fell 0.9% to $392.3 billion from $395.7 billion. Meanwhile, Ethereum’s market cap decreased by 2.6% to $189.8 billion from…

[ad_1] A new report by Messari on the state of the Polygon network revealed an increase of new addresses QoQ of 180%. Active addresses also hit an all-time high of 6 million, while total transactions surpassed 2 billion during Q3. Other critical metrics for Polygon are shown in the table below. Messari’s data shows that…

[ad_1] MicroStrategy released its earnings report for the third quarter of 2022 on Nov. 1, saying it achieved “strong” year-over-year growth in subscription services and “record” growth in subscription billings, but still recorded a YOY drop in revenue with a net loss of $10.8 million. “We are continuing to see the global adoption of our…

[ad_1] Surging inflation and weak growth have been plaguing the global economy for months, but the rising CPI and a devaluating national currency first seen in the U.S. have now spread to Europe as well. The European Central Bank (ECB) hiked its base interest rate by 75 bps for the second consecutive time, bringing its…

[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.3 billion to $1,025.9 billion from $1,027.2 billion as of press time — down 0.2%. During the reporting period, Bitcoin’s market cap fell 0.7% to $395.7 billion from $398.4 billion. Meanwhile, Ethereum’s market cap decreased 1.7% to $194.9 billion from $198.3…

[ad_1] About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .” The study undertaken by  Bruno Mazorra, Victor Adan, and Vanesa Daza suggests that the simplicity of Uniswap and its lack of regulation makes it easy for scammers to…

[ad_1] Last month, CryptoSlate reported that the price of Bitcoin fell below all five key medium to long-term moving averages for only the fifth time in its history. Previous instances of this occurring resulted in a strong rally for BTC, leading to some technical analysts calling these events “a generational buy opportunity.” Six weeks on…

[ad_1] Exchange giant Binance marketplace saw 120,000 Bitcoins (BTC) purchased and moved off the exchange between Oct. 29 and Oct. 30, according to Glassnode data. The amount equates to roughly $2.5 billion, which is the largest Bitcoin purchase of the year from Binance. The chart below demonstrates the Bitcoin purchases and sales from Binance since…

[ad_1] Argo Blockchain, one of the largest public Bitcoin mining companies on the market, is facing a cash shortage that could force it to shut down in the near future. According to an October 31 press release, the company failed to secure a $27 million strategic investment that was supposed to improve its liquidity position.…