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Fed Report Explores How Crypto Price Changes Affect Ownership

[Sep 7 10:30 PM] A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest…

NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue

[Jul 13 7:32 AM] Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue…

Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

[Jul 2 7:35 AM] Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions…

2023: The Year AI Cryptos Soared, Then Faltered

[Sep 10, 2023 8:00 AM] At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto…

Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier

[Jul 17, 2023 6:00 PM] As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven…

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

[Apr 20, 2023 12:30 PM] Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase…

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

[Apr 12, 2023 8:31 AM] On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following…

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

[Feb 21, 2023 3:30 PM] Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from…

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

[Feb 21, 2023 1:30 PM] According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics…

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

[Jan 1, 2022 1:00 PM] 2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top…