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Posted by | January 29, 2024
On-Chain Indicator Suggesting Bitcoin Holders Very Reluctant To Sell Coins Despite Post-ETF Correction: Glassnode Analyst

An on-chain Bitcoin metric is suggesting that holders of BTC currently have very strong hands and are hesitant to let go of their coins, according to a Glassnode analyst. In...

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Posted by | January 29, 2024
Altcoins May Be Gearing Up for Q1 Hype Cycle, Says Crypto Trader – Here’s What He Means

A closely followed crypto analyst says that altcoins could be entering into what he describes as a “hype cycle” phase to start the new year. Pseudonymous analyst Rekt Capital shares...

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Posted by | January 29, 2024
Taproot Wizards Debut Sale of Bitcoin NFTs ‘Quantum Cats’ Marred by Tech Issues

The much-anticipated sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by the Ordinals project Taproot Wizards was marred by technical issues on Monday, leaving users frustrated and forcing...

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Posted by | January 29, 2024
FTX Estate Selling Crypto, Hoarding Cash To Pay Out Customer Claims: Report

The bankruptcy estate of former crypto exchange FTX is reportedly selling off billions of dollars worth of crypto assets and hoarding cash to pay out customers it owes money to....

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Posted by | January 29, 2024
Grayscale Bitcoin Sell-Offs Slowing Down After Sending Over $5,000,000,000 in BTC to Coinbase: Arkham

Grayscale’s BTC sell-offs are in the beginning stages of slowing down after the financial giant sent over $5 billion worth of Bitcoin to the top US crypto exchange Coinbase. Lookonchain...

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Posted by | January 29, 2024
Ex-Goldman Sachs Executive Says ‘Bubble Cycle’ Could Unfold Next Crypto Bull Market – Here’s His Outlook

Former Goldman Sachs executive Raoul Pal is updating his outlook on how the current crypto market cycle could play out. In a new interview with Pomp Investments founder Anthony Pompliano,...

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Posted by | January 29, 2024
Solana’s WEN Token Plummets Despite Burning 27% of Supply

The Wen meme coin saw a sharp drop in price Monday as traders weighed how to value news that 27% of the airdropped token's supply would be burned. The Solana-based...

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Posted by | January 29, 2024
Ripple Hiring for Business Development Manager To Drive Firm’s ETF and Institutional DeFi Initiatives

Blockchain payments firm Ripple is looking for a new hire who will support its bid to drive the adoption of institutional decentralized finance (DeFI). In a new job posting ,...

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Posted by | January 29, 2024
Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals’ Gains: CoinShares

Though slowing sizably through the course of last week, outflows from Grayscale's bitcoin ETF (GBTC) continued to be greater than inflows into other funds, digital asset manager CoinShares reported Monday....

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Posted by | January 29, 2024
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians

That principle stands at the core of a new trend in the blockchain industry, where overseers of various networks are establishing groups of people to help steer protocol changes and...

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