Markets

On-chain analytics platform Nansen believes bitcoin (BTC) investors should adopt a risk-on strategy amid the market’s current condition because all tactical signals are flashing green. According to the firm’s weekly research report, crypto narratives are currently positive and increase the likelihood of higher risk-adjusted crypto returns in the near term. Bitcoin Investors Should Become Risk-On A risk-on investment strategy refers to market participants taking higher risks...

The leading American Bitcoin mining company – Riot Platforms – has acquired the Kentucky-based firm Block Mining in a transaction valued at $92.5 million. The deal, announced on July 24, includes $18.5 million in cash from Riot’s reserves and $74 million in Riot common stock. Additionally, Block Mining could receive up to $32.5 million more, based on performance metrics through 2025. Riot Platforms Drops $92.5M on Block Mining In its official press release, Riot said that it...

TL;DR Some NFT-related cryptocurrencies have shown notable development activity in the last month. Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list. The Top Performers Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main trends during the crypto bull run of 2021. Despite the diminishing interest, many of those coins...

The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. In CryptoQuant’s latest weekly crypto report, on-chain experts explained that new money flows into digital asset products like ETFs would have a...

All eyes in the crypto community yesterday were on the Bitcoin Conference in Nashville as Donald Trump was scheduled to appear and talk about BTC, which eventually resulted in substantial price volatility for the asset. On a daily scale, most cryptocurrencies are slightly in the red, with TON and DOGE leading the pack from the larger-cap ones. BTC Sees a Rollercoaster Last weekend was also quite eventful in terms of price action for bitcoin as the asset fell by $2,000 in...

Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups due to its accessibility for non-savvy users compared to alternatives like Monero (XMR). Despite this, criminals...

Russian-speaking threat actors who come from former Soviet Union are the primary drivers of various types of crypto-related cybercrime, including ransomware, illegal crypto exchanges, and darknet markets, according to the latest report by TRM Labs. In fact, ransomware groups that speak Russian were also found to be responsible for at least 69% of all ransomware earnings in 2023, totaling over $500 million. Russian-Speaking Threat Actors Dominate In its latest report,...

The stablecoin ecosystem rose to over $164 billion this past week—the last time it did this was before the Terra ecosystem collapse, linked to the UST stablecoin. This spike in market cap implies growing interest in blockchain technology as users buy and trade assets and products, interact with DeFi protocols, and more. Stablecoins are assets that reference the value of other assets, including fiat currencies and precious metals. The value of the most popular stablecoins is tied to the US...

The cryptocurrency market has been buzzing with activity following the recent launch of Ethereum exchange-traded funds (ETFs), which attracted significant attention but failed to ignite a major price surge for Ethereum (ETH). This lackluster performance contrasts sharply with the more substantial impact seen from the launch of Bitcoin ETFs. As a result, traders are now shifting their focus to other opportunities, such as the rising interest in RCO Finance (RCOF), in search of fresh profit...

Since the beginning of the month, bitcoin (BTC) flows into crypto exchanges have been on the rise. This is primarily due to creditor distributions by the rehabilitation trustee of the defunct BTC trading platform Mt. Gox. Data from blockchain analytic platform IntoTheBlock has revealed that July 25 saw the exchange BTC net flows hit a yearly high of $2.8 billion. Crypto trading platforms saw similar BTC inflows in mid-March, about two months after the United States spot...