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A recent $10 million transfer of digital assets by bankrupt crypto exchange FTX has raised some concerns in the market. According to blockchain analytics firm Arkham Intelligence, an FTX-linked wallet moved significant sums across multiple tokens off the Solana network onto Ethereum in late August. Coins transferred included ETH, FTT,
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Solana's price has seen a moderate 1.23% increase over the past 24 hours to $19.68. This comes after a period of decline for the cryptocurrency, with Solana dropping 2.67% over the past week and 13.25% over the past month. However, there are signs that
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Cardano's ADA token saw a slight 0.50% price increase over the past 24 hours, bringing its value to $0.2569 as of September 5, 2023. While not a major surge, this modest uptick provides an opportunity to analyze key metrics and uncover insights into ADA's
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Dogecoin (DOGE) saw a 1.61% price increase over the past 24 hours, bringing its price up to $0.06403. This comes after a rough month for the meme-inspired cryptocurrency, which saw its price decline 15.44% over the past 30 days. However, Dogecoin still remains down -14.35% over
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XRP, the native token of the XRP Ledger created by Ripple, saw a 0.26% price increase over the past 24 hours to $0.5028 according to the data. With a market capitalization of $26.63 billion, XRP remains one of the top cryptocurrencies by market cap. The 24-hour trading
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Binance Coin (BNB) saw a slight 0.03% price increase over the past hour, bringing its current value to $215.14 according to data from September 5th, 2023. While not a major shift, this continues an upward trend for BNB over the past day. After diving into the numbers, here
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Ethereum, the second-largest cryptocurrency by market capitalization, saw its price increase by 0.48% over the past 24 hours to $1,637.09. With a market cap of $196.40 billion, Ethereum continues to be a dominant force in the crypto markets. In this technical analysis, we'll explore
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Researchers at the University of Connecticut have developed a new tool that could have major implications for Bitcoin and the broader cryptocurrency landscape. The team created a Crypto Literacy Scale (CLS) seeking to quantify and improve investors' knowledge around digital assets. In a paper titled "Measuring Crypto Literacy,
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Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a slight 0.11% price decline over the past 24 hours. As of September 5th, 2023, Bitcoin is trading at $25,806.27, down from $25,845.57 yesterday. With a market cap of $501.42 billion, Bitcoin
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A new bill under consideration by South Korean lawmakers aims to expand the country's ability to track and freeze cryptocurrency tied to cybercrime and illicit assets from North Korea. While the goals may be reasonable, some fear unintended consequences for lawful digital asset use. According to a recent
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A notable trend is emerging in cryptocurrency derivatives markets that could have significant implications for bitcoin's price volatility. According to data from Glassnode and insights from Blockware Intelligence, the use of bitcoin itself as collateral in bitcoin futures trading has been steadily rising over the past year. This
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A court in China made a notable declaration this week that could have positive implications for cryptocurrency adoption long-term, despite the country's broad bans. The Xiamen Intermediate People’s Court in Fujian province published an opinion arguing that cryptocurrencies should still be considered legal property under Chinese law,
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The world's largest cryptocurrency exchange Binance suffered another high-profile departure this week, as Global Head of Product Mayur Kamat resigned from his role. This marks the latest in a growing string of executive exits in 2022 amid increased legal and regulatory scrutiny of the exchange globally. While Binance
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In a major win for the cryptocurrency industry, Grayscale Investments scored a landmark legal victory against the Securities and Exchange Commission (SEC) this week. The U.S. Court of Appeals ruled in favor of Grayscale's petition to convert its Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund
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The crypto winter has dampened venture capital investment, with funding down 75% from August 2021 highs according to DeFiLlama. However, while frothy valuations are correcting, some sectors like DeFi, NFTs, and Bitcoin staking are still garnering selective VC attention. This signals a maturing investment culture focused on quality over hype
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Recent data from CoinShares reveals a split in institutional opinions on crypto, with moderately low inflows and outflows this past week. This suggests a transition toward more stable, mature investing habits - a promising trend for Bitcoin's longevity. While headline fund flow numbers showed a muted $11 million