Analysis

Bitcoin (­BTC)­,­ the leading cryptocurrency,­ experienced a significant decrease in its investment products over the past week while Litecoin and XRP gained traction amidst Bitcoin’s decline,­ according to CoinShares,­ a renowned crypto asset manager.­ CoinShares reported that there was a significant $­107 million outflow from digital asset investment products last week. The main contributor to […]

Bitcoin has seen a significant drop to just 0.74% within 30 days. This marks the lowe­st reading since January 16. Bitcoin concluded its fourth we­ek of trading with limited fluctuations on Sunday, resulting in volatility me­asures reaching leve­ls not witnessed since the­ year commenced. The e­stimate for the world’s largest digital asse­t, bitcoin (BTC), has […]

The cryptocurrency markets are experiencing a significant boost as a wave of exchange-traded fund (ETF) applications in the United States brings a bullish catalyst to the much-battered region. This week’s report delves into several key trends shaping the market landscape. Firstly, TUSD, the stablecoin issued by TrustToken, has seen a soaring market share amidst troubles […]

The latest report from Glassnode paints a picture of investor apathy in the Bitcoin market, as volatility, trading volumes, and realized values reach multi-year lows. However, despite this apparent disinterest, a closer look reveals that HODLers are continuing their slow and steady accumulation, especially with the highly anticipated halving event less than a year away. The overall […]

During the past week, the cryptocurrency market witnessed a downturn characterized by a bearish trend. However, the bullish momentum began to overpower the bears as the week drew to a close. Further, resulting in a positive turn to conclude the week. Both Bitcoin and Ethereum managed to regain some of their value. A slight deviation […]

Solana, the widely-used crypto, struggled with multiple hurdles the following year. As pointed out based on a recent study released by CoinShares. This year saw a worldwide decrease in the value of assets and borrowing, causing a decrease of 94% in Solana’s worth. Furthermore, deceitful individuals linked to Solana, including 3Arrows Capital, Celsius, SBF, FTX, […]

Kaiko, a prominent cryptocurrency data provider, has released its latest research report revealing a significant concentration of liquidity in the Ethereum (ETH) market. According to the report, 72% of Ethereum liquidity is concentrated on just five exchanges. This finding sheds light on the current state of liquidity in the crypto asset space, which has been […]

Kaiko Research, a crypto market data provider, has released a new report highlighting the recent trends in the crypto market. One of the key observations is the approaching ATH of Tether’s market cap, despite lackluster trade volume and price movements in the overall market. Tether’s Rising Market Cap Tether (USDT) is currently the dominant stablecoin […]

In a groundbreaking investigation, researchers at Elliptic have uncovered a disturbing trend in the illicit fentanyl trade using crypto payments. More than 90 China-based companies have been identified as willing suppliers of fentanyl precursors. An astonishing 90% accept cryptocurrency payments, primarily in Bitcoin and USDT. The study also revealed that many of these businesses have […]