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Analysis
Cryptocurrency market analysis focused on trends, data-driven insights, and developments across Bitcoin, Ethereum, and altcoins.
GBTC discount decreases to 33% as buyout speculation and renewed interest in spot…
On June 20, shares of Grayscale’s Bitcoin Trust (GBTC) experienced an 11% increase, reaching $16.85, which reduced…
Altcoin ETPs experience inflows while ETH and BTC face outflows as alternative…
The week concluding on June 19, 2023, recorded slight outflows amounting to $5.1 million from digital asset…
Cardano’s DeFi total value locked exceeds 500 million ADA as ecosystem…
The total value of assets locked (TVL) on Cardano, expressed in ADA tokens, surpassed the 500 million threshold for…
Previous incident poses risk of $200M liquidation if BNB drops under $220
According to data from DeFiLlama, Binance's BNB ecosystem could encounter a $200 million liquidation if its price…
Daily CEX cryptocurrency trading volume drops to levels not observed since 2020.
Daily trading volume on centralized exchanges (CEX) has dropped to levels not observed since late 2020, according…
Nigeria’s CBDC trial faces challenges due to public opposition: Report
A report from ZeroHedge indicates that the Central Bank of Nigeria (CBN) has encountered considerable opposition in…
Market fluctuations increase following Powell’s suggestion that the Fed may…
On May 19, Federal Reserve Chair Jerome Powell indicated that interest rates might not need to be raised as…
Inside Bhutan’s covert Bitcoin mining initiative
The small Himalayan nation of Bhutan has long been acquainted with Bitcoin. However, a recent explosive report from…
Centralized exchanges thrive in Q1 2023: TokenInsights data indicates potential…
Research organization TokenInsight published its Q1 Crypto Exchange Report, indicating that centralized platforms…
Meme season attributed to rise in Ethereum (ETH) gas costs
Ethereum (ETH) gas fees soared to a 10-month peak — triggered by a rise in meme coin excitement.According to…
BitTorrent token withstands market volatility; BTT reaches highest level in 22…
BitTorrent (BTT) surged to a peak of $0.00000090, achieving a 22-week high for the file-sharing cryptocurrency,…
Dogecoin declines by 6.5% following the reappearance of the Twitter logo.
The value of Dogecoin (DOGE) decreased by 6.5% after Twitter opted to eliminate the Dogecoin mascot from its…