Tag Archives: social

Bitcoin’s price actions in the past several days have been quite uneventful, with little to no movements after last week’s recovery from the sub-$40,000 dip. However, data from Santiment shows that some of the largest investors have been using this moment to move sizeable portions of their holdings. 🐳 #Bitcoin is ranging between $41K and $44K, but whale wallets are moving big this week: 🔴 Number of 1K-10K $BTC Wallets: 1,958 on Feb. 1st (Most since November, 2022)🟡 Number of...

After the enhanced volatility experienced lately, BTC has finally calmed at around the $43,000 mark. Most altcoins are also untypically calm on a daily scale, aside from ICP and TIA – both of which have marked impressive gains. BTC Stalls at $43K Bitcoin slumped hard in the weeks following the approval and launch of nearly a dozen spot ETFs in the States and bottomed last Thursday at $38,500. The bulls finally managed to intervene at this point and didn’t allow any further...

A significant challenge for AI lies in its potential to compromise privacy. Artificial Intelligence (AI) systems depend on vast amounts of data, which could be exploited for identity theft or cyberbullying. There are worries about personal data being utilized to train AI models, the creation of deepfake voices or faces for fraudulent activities, and nations conducting information warfare campaigns. But blockchain can solve this crisis. A new report suggests that blockchain...

The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of spot crypto  ETFs. First Spot Bitcoin ETF in Hong Kong According to the Tencent report, Harvest aims to launch the city’s first spot Bitcoin ETF after the Lunar...

Bitcoin is back above $42,000 after dropping below the $ 39,000 threshold earlier this week. The subsequent increased selling pressure on Bitcoin was alarming, but the overall sentiment appears to be bullish nonetheless. This was evidenced by Bitcoin accumulation wallets, which are now holding an impressive 1.7 million BTC, valued at $68 billion, according to CryptoQuant’s CEO Ki Young Ju. Such a trend signals a strong vote of confidence and a growing trust in the leading...

In the face of a rising tide of scams and exploits, even CertiK, a security firm that specializes in comprehensive security for blockchains, smart contracts, and Web3, is not immune. Scammers are targeting users by fraudulently latching on the company’s brand, which is dedicated to ensuring the security of digital assets and decentralized technologies. In the latest blog post, CertiK revealed that it is facing a myriad of challenges beyond its primary focus on auditing. Among...

Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, short-term holders’ profit margins have approached zero, and this has caused ease in selling pressure. However, the leading digital asset is yet to call a price bottom. BTC Falls Below $40K Earlier this week, BTC fell...

The past week saw somewhat of a rollercoaster in terms of price action as Bitcoin’s decline sent ripples across the entire market. Now, however, the primary cryptocurrency is attempting a recovery, which has also treated altcoins well, many of which chart increases in the past 24 hours. Bitcoin Price Shoots to $42K At the time of this writing, Bitcoin’s price is trading at around $41.5K, charting an increase of 3.4% in the past 24 hours. This came after a sudden upward move...

Ethereum’s Shapella hard fork was a controversial upgrade that ignited fears of selling pressure. But the latest data tells a different story. In January 2024, Intotheblock’s data revealed the highest Ethereum staking rate, reaching approximately 30 million ETH staked, accompanied by a staking participation rate of over 24%. This milestone suggested a preference for staking over promptly selling off tokens. Ethereum locked-in staking keeps surging, while only 11% of the token...

A recent study by CoinGecko reveals that over 50% of all cryptocurrencies listed on the platform since 2014 have met their demise. Of the 24,000+ cryptocurrencies listed on CoinGecko since 2014, 14,039 have been deemed ‘dead’ or ‘failed.’ Most Dead Coins Linked to 2020-2021 Bull Run The study, which analyzed the fate of these digital assets, provides insights into the patterns of cryptocurrency failures over the years. Most of these dead ones originated from projects launched...