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Crypto News
Chainalysis Report: The US Owns the Most Crypto but Uses It the Least
Per Chainalysis’ latest report, crypto’s total market cap halved in the 12 months to June 30, a $2.1 trillion contraction. The economic activity underneath it fell 1.6%. The Number That Didn’t Move The seventh edition of…
ETH Price Nears $2,800 as FTX Estate Sends $75M in Ether to Wintermute
FTX’s bankruptcy estate moved 27,372 ETH worth about $75.32 million to market maker Wintermute on Tuesday, routed through six separate wallets. Decoding the Movements Arriving in a big bunch, the FTX and Alameda Research liquidation…
Bitcoin Reclaims $87K as Bull Market Momentum Builds
Bitcoin briefly reclaimed the $87,000 level for the second time in 48 hours, peaking at $87,251 before pulling back to around $86,400. Despite minor consolidation, the asset remains up 35% since pre-Aug. 19 levels with a market cap near…
What $1,000 Would Be Worth at Every Major ‘Bitcoin Is Dead’ Call
A quick look at the numbers shows bitcoin has been declared dead 478 times since 2010. Here are some dollar figures on what ignoring each of those calls would have paid. Who Called It, and When? BTC’s obituary is its own genre by now,…
Coinbase and Morpho Make Bitcoin-Backed Loans More Predictable
Coinbase just gave bitcoin holders something borrowers usually expect from a bank. Customers can now borrow USDC against their bitcoin while locking in the interest rate and repayment date before taking the money. The fixed-rate loans…
XRP Is Crushing Bitcoin on Korean Exchange Upbit: Here Are the Numbers
XRP drew $350M (about ₩481B) of trading volume on Upbit on Sept. 21, beating bitcoin’s $225.8M (₩308B), and it has out-traded bitcoin on the exchange every day for a month. The Numbers On Monday night, onchain data showed that XRP was…
Bitcoin FOMO Hits Two-Year High After $87K Breakout
Market psychology around bitcoin has shifted sharply into bullish territory as the cryptocurrency broke past $87,300, driven by a combination of a major short squeeze and a surge in social volume. Short Squeeze Drives Volume Jump Market…
ICO Era Whale Buys ETH at $2,794 as Ethereum Price Now Sits At $2,720
A wallet linked to an Ethereum initial coin offering (ICO) participant swapped $23.7 million in stablecoins for 8,492.8 ETH on Sept. 21, six months after selling ETH near $2,010. Four Orders in Eight Minutes The trade surfaced through…
Trump Memecoin Team Sends 8.4M TRUMP to OKX as Bitcoin Price Nears $85K
Wallets tied to the Official Trump memecoin team have routed about 8.4 million TRUMP, worth roughly $18 million, into OKX deposit addresses since the token’s Sept. 18 unlock. The Transfers, in Order Last week, onchain sleuths reported…
Bitmine Buys 27,562 ETH as Tom Lee Says Bull Market Is Underway
Bitmine Immersion Technologies has quietly accumulated nearly 6 million ETH, giving one public company control of roughly 4.9% of all ether in circulation. Its $16.1 billion ethereum pile is now just 121,000 ETH shy of Chairman Tom Lee’s…