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In brief ETH holders move, sell, and spend their digital coins more than BTC investors, Glassnode data shows. This is because the Ethereum network powers crypto applications, which use ETH as gas fees. Bitcoin holders, on the other hand, tend to keep their coins in storage and treat BTC as “digital gold.” Bitcoin holders are still the true “diamond hands” investors compared to Ethereum buyers, according to a new report, with the latter coins being moved and spent far more than the original so-called digital gold.Blockchain data firm Glassnode said in a new report—citing data collected before this week’s crypto…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
The digital transformation of the traditional legal systems is accelerating. Well, it is driven by the introduction of blockchain or Web3, the same technology that has revolutionized some major industries like finance and healthcare. And at the core of this transformation lies smart legal contracts blockchain. Smart legal contracts are the agreements that execute automatically when the mentioned conditions are fulfilled. These are not just digital formats of conventional paper agreements; they are contributing toward a shift in how legal obligations are created and enforced. Furthermore, it has also introduced the Lex Cryptographia, the law of this cryptographically powered world. …
Both major meme-assets traded through high-velocity volatility windows, with Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal.News BackgroundBroader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M in Bitcoin ETF outflows, and tightening liquidity across speculative assets. The weak macro backdrop left meme-coins particularly exposed to volatility shocks.Despite this, large-holder behavior diverged across DOGE and SHIB. Dogecoin saw an uptick in institutional accumulation following two weeks of heavy whale positioning, while SHIB faced elevated retail-driven selling before buyers stepped in aggressively at intraday lows.No…
In brief Tristan Thompson sees prediction markets as an evolution of sports gambling. He thinks they will be increasingly integrated into sports broadcasts. Prediction markets have the potential to drive higher ratings, he added. Prediction markets emerged as a fixture of politics last year, but now they’re making a notable splash in the big leagues, according to NBA star Tristan Thompson.Amid a growing list of partnerships and acquisitions, it probably won’t be long before odds from platforms like Polymarket become a common way for people to gauge the pulse of their favorite teams and athletes in real-time, he said in…
Bitcoin’s price movements over the past week have tested even the most seasoned crypto investors. After falling from above $107,000 to nearly $94,000 in just three days, the largest cryptocurrency has returned to levels not seen for months. The sharp decline has divided analysts, with some confident that the market has already bottomed and others warning that the worst may not be over. Bitcoin’s volatility is nothing new, but the scale of the moves feels more intense now because the price is far higher than in past cycles. A 10% or 15% swing now equates to thousands of dollars —…
Look at these 2 charts. One of them is up 117% in the last year. The other is up 182% in the last year. And they aren’t some small caps or memes. They are Monero and Stellar Lumens. Both are in the top 35 by market value. Typically, that’s what altseason feels like, seeing returns like these. But we are not seeing these returns across most alt markets, are we? The truth is that we are in a bull market in some areas, but there is not and has not been a full altseason yet. Why not? And what are…
Ethereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in play amid rising on-chain activity. Ethereum has moved back above a key technical level against Bitcoin — the 50-week exponential moving average (EMA), which has marked the start of previous rallies. At press time, ETH is priced at $3,530 with a 24-hour trading volume of nearly $38 billion. It has gained 2% in the past day and 5% over the last week. ETH/BTC Moves Above Key Weekly Average Ethereum’s strength against Bitcoin is being watched after reclaiming the 50-week EMA. In past…
Cryptocurrency scammers have impersonated Australian police and exploited government infrastructure to pressure victims into handing over their digital assets, the Australian Federal Police (AFP) said Thursday.The AFP said scammers used the local cybercrime reporting tool ReportCyber to submit reports about their targets. At a later time, they contact the victims posing as police and inviting them to check the report on government websites, lending credibility to the scammers.In one case, the scammers warned the victim that they would be contacted by a representative from a crypto company, who would also provide information to prove their legitimacy. This second caller then…
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%.Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).Ark frequently snaps up large amounts of company shares when the price appears to be temporarily depressed. CRCL slid to $86.30, the lowest close since June 5, after its steepest single-day drop since a 16% fall on June 27.The fall in Circle’s share price coincided with the USDC issuer reporting third-quarter…
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