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Bitcoin On-Chain Technical Data Released: Here’s What It Tells Us

Bitcoin On-Chain Technical Data Released: Here’s What It Tells Us

The current on-chain data in the cryptocurrency market still provides important signals about investor behavior and market psychology. A notable picture for Bitcoin is in particular derivative data and on-chain indicators. During 24 hours, data showed the Bitcoin price was worth about $72,280 — $327. Market liquidation 18 million in liquidations were made by . For each of these lichidations, …

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A Solo Bitcoin Miner Achieved a Goal That Could Happen Once Every 300 Years

A Solo Bitcoin Miner Achieved a Goal That Could Happen Once Every 300 Years

The cryptocurrency market is the latest in a remarkable development that has been made. This is the most unrequited block reward ever won by an independent Bitcoin miner, a feat that has been extremely unlikely. Suppose today’s incident, the miner in question single-handedly mined block 944,306 on the Bitcoin network. The miner earned a total reward of 3,128 $BTC from …

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Less Than One Billion Shiba Inu (SHIB) in 24 Hours: Outflows Plummeting

Less Than One Billion Shiba Inu (SHIB) in 24 Hours: Outflows Plummeting

In the last day, Shiba Inu is experiencing a dramatic decline in on-chain activity as exchange outflows are below one billion $SHIB. It clearly indicates that this level is a loss of momentum across the network, as it does. This kind of slowdown is not a neutral development for an asset that depends on retail participation and continuous circulation. Rapid …

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JPMorgan Reveals the Force Sustaining Bitcoin (BTC) and the Cryptocurrency Market! “The Only Buyer!”

JPMorgan Reveals the Force Sustaining Bitcoin (BTC) and the Cryptocurrency Market! “The Only Buyer!”

Rising tensions in the Middle East and global geopolitical pressures continue to negatively impact Bitcoin, Ethereum, and other cryptocurrencies. This has led to a significant slowdown in the capital flowing into the cryptocurrency market. Wall Street giant JPMorgan has analyzed the current state of the cryptocurrency market in a new report. JPMorgan said that capital flows into cryptocurrencies “slowed significantly …

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If Iran’s Bitcoin Request via the Strait of Hormuz Were to Become a Reality How Much BTC Would Iran Receive? Here’s the Unconventional Calculation

If Iran’s Bitcoin Request via the Strait of Hormuz Were to Become a Reality How Much BTC Would Iran Receive? Here’s the Unconventional Calculation

However, as geopolitical developments in the Middle East continue to intersect with cryptocurrency markets, it has been claimed that Iran demanded Bitcoin payments through the Strait of Hormuz have sparked interest from people who want bitcoin. An analysis has suggested that if Iran were to demand transit fees in Bitcoin for oil tankers and the current ceasefire would continue, it …

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Quantum-Resistant Transaction Tests Have Begun on Solana: But There’s a Major Problem

Solana is among the fastest networks in the cryptocurrency ecosystem, and its foundation has taken a major step towards quantum computer preparations — one of the biggest threats to the future “The most important thing that we can do is prepare for this next generation.” With the cryptography firm Project Eleven, the network started to test quantum-resistant signature systems. However, …

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Drift Protocol $280M exploit took months of deliberate preparation

Drift Protocol 0M exploit took months of deliberate preparation

Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. In an X post on Saturday, Drift said ‘The preliminary investigation shows that D drift was part of a structured intelligence operation with organizational support, significant resources and months of deliberate preparation. The decentralized exchange was exploited on Wednesday, with …

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A Bullish Signal Not Seen Since 2023 Has Emerged on Ethereum

In a major development in the cryptocurrency markets, Ethereum derivatives market had its first net inflow since long-term hiatus. It’s the first major structural change since the 2023 bear market,” said Darkfost, an analyst at the analytics platform CryptoQuant. The data shared by Darkforth show that net trading volume in the Ethereum derivatives market, which had been largely negative throughout …

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When Crypto Beats Stablecoins: Ripple’s Schwartz Says He’d Pick XRP or BTC Over USD for Locked Funds

***Cryptocurrencies such as $XRP and $BTC are advantageous in global use, control (and long-term growth), while Ripple CTO emeritus David Schwartz points to key differences that they have developed against stablecoins. **** Key Takeaways: Ripple’s David Schwartz favors $XRP and $BTC over USD for escrow, citing stronger upside. He warns issuers can freeze funds, exposing users to centralized control risk. …

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Bitcoin Price Eyes $70K as RVTS Signals Historic Network Weakness

Bitcoin, the first cryptocurrency to be coined as Bitcoin on Saturday, March 4, remained silent with its price trading around $67,000. During the weekend, such low volatility trading is common as institutional investors from traditional markets are offline. Nevertheless, the new on-chain data shows that Bitcoin’s network use has gone down to its lowest level since it was recorded, which …

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