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Analysis

In October Bitcoin Miners Received $1.72 Billion In Profits

October became quite successful for bitcoin miners as their BTC mining profit was $1.72 billion, almost reaching the May record of $1.75 billion. ...

Goldman Sachs Says If Historical Correlation With Inflation Persists Ethereum Could Rise To $8000 By Year-End

Ethereum price could rise to $8,000 by the end of the year if historical correlation with inflationary expectations persists. window.coinzilla_display =...

Fundstrat Strategists: Bitcoin Is Likely To Test $90,000

After hitting a new all-time high, Bitcoin will likely test $90,000, Fundstrat strategists believe. window.coinzilla_display = window.coinzilla_display || ; ...

Bitcoin Futures ETF Becomes Second-Highest Traded Fund Ever, Almost Trading $1 Billion On the First Day

The trading turnover of ETF based on bitcoin futures from ProShares (BITO) on the first trading day on the NYSE amounted to 24.42 million...

Binance And CME Futures Open Interest Rates Hit All-Time Highs

With the price of bitcoin settling above $ 60,000, open interest (OI) indicators on the Binance and CME exchanges have reached record values. On October...

Litecoin Has Flipped Ethereum In Term Of Address Activity

Based on recently released data by Santiment, Litecoin has overtaken the second-largest cryptocurrency Ethereum, by the number of active addresses. window.coinzilla_display...

$30B Daily Moving On Bitcoin Blockchain-BTC Is Doing $190k Per Second Compare To $130k Per Second By Visa For US Customers

The daily transaction volume on the bitcoin network has reached a record high of $31 billion. Read: President Nayib Bukele Says El Salvador Will Use...

Ethereum Miners Are Holding ETH As Their Holdings Reach Highest Level Ever

Ethereum miners are holding their ETH assets. Read: Ethereum Foundation Confirmed Date Of ETH 2.0 Upgrade Altair window.coinzilla_display = window.coinzilla_display || ; ...

Data Shows That Top 10 Non-Exchange Whales Hold Over 5x More Ethereum Than Top 10 Crypto Whales On Exchanges

Based on data from Santiment, the ratio of non-exchange ETH whales that hold Ethereum in wallets other than exchanges reached a new highs as...

Bitcoin Mining Is Becoming More Profitable As Total Value Paid To BTC Miners Is Hovering Around $40Million Per Day

Based on data from Glassnode, the total amount of the mining fees in USD has increased by 275%, resulting in $40 million paid to...

Chainalysis Report: Europe Becomes World’s Largest Crypto Economy

A report by blockchain data platform Chainalysis on Tuesday revealed Central, Northern, and Western Europe (CNWE) has become the biggest cryptocurrency economy in the world, receiving over $1 trillion worth cryptocurrency...

During One Year, 1/3 Of Ethereum Supply On Exchanges Has Been Moved Out

Santiment data shows that 1/3 of Ethereum current supply has moved from exchanges into personal wallets. The circulating supply decreased from 24% down to 16%...

Crypto Market Recovery In Process As China Injects $18.6 Billion to Bail Out Evergrande

Chinese real property giant Evergrande has defaulted on its debt payment, and fear of company’s payment default has resulted in an unintentional drop in...

Here Is First Indication of Appearing Selling Pressure From Large Bitcoin Holders

According to data provided by OkLink, the number of large transactions rapidly spiked during the recent sell-off, which may be the first indication of appearing selling pressure from...

In Last 24 Hours Crypto Market Lost $1 Billion In Futures Liquidations Due China’s Evergrande Crisis

More than 205,000 users lost their crypto futures trading positions in one day as global markets remained in the red. window.coinzilla_display...

Satoshi-Era BTC Wallet Containing 616 Bitcoin Worth 29,470,042 USD Finally Woke Up After 8.8 Years Of Inactivity

Another Bitcoin wallet last used when Bitcoin was newly born is activated this year. window.coinzilla_display = window.coinzilla_display || ; ...

$1.2B In Ethereum Withdrawn From Exchanges In Past 24 Hours Along With Over $1 Billion In ETH Burned Since EIP-1559 Release

More than $1 billion worth of ETH were pulled off from centralized exchanges within 24 hours. its the second time this year. ...

Since The Beginning Of The Year Ethereum Added More Than 6.2 Million Addresses

Analyst and research firm CoinMetrics tweeted that Ethereum user adoption continues to expand rapidly, and its scale has not been affected by the drop...

Standard Chartered, A British Banking Giant, Released Its First Report On Crypto Predicting Ethereum To Reach $35,000 In Long Term

Standard Chartered, a British banking giant, released its first report on crypto. It highlighted a more optimistic stance towards Ethereum (ETH), and a less...

Solana (SOL) Becomes 6th Largest Crypto Surpassing Ripple (XRP)

Solana (SOL), is more optimistic than ever, and was able to flip XRP on the week which was worst for other altcoins. ...