A century ago, the German physicists Otto Stern and Walther Gerlach carried out an experiment that gave an important credibility boost...

A new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” said the Crypto Council for Innovation. Voters Want More Cryptocurrency Regulation The Crypto Council for […]

The biggest news in the cryptoverse for October 26 includes the theft of over $1M worth of Ethereum by a phishing attack, Vitalik Buterin’s tweet deeming ZKPs “necessary” for Ethereum and Binance overtaking Huobi in crypto derivatives trading.

The post CryptoSlate Wrapped Daily: Phishing attack steals 700 Ethereum; Moldova bans crypto mining appeared first on CryptoSlate.

Following the fallout from the Terra implosion and subsequent market deleveraging, Bitcoin bottomed at $17,600 on June 22.

The post About 61% of BTC holders are underwater as market stagnation persists appeared first on CryptoSlate.

Column Until recently, personal computer hardware seemed to have leapt past any demands software could possibly place upon it. Even high-end games – traditionally...

The CEO of popular cryptocurrency exchange FTX, crypto billionaire Sam Bankman-Fried (SBF), has said that the trading platform is set to soon list Cardano ($ADA) as it’s on the exchange’s roadmap. In response to a Cardano community member who suggested FTX wouldn’t list $ADA because they “view Cardano as a threat to everything they want […]

The boom or adoption of a crypto project largely depends on several factors. We could talk about the vision of the project, its features, and a whole lot of functionalities.

On-chain knowledge suggests Bitcoin whales who gathered in the course of the June crash have continued to carry robust to this point. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As identified by an analyst in a CryptoQuant post, the $18k degree has been getting assist from the whales as they’ve made spot […]

The post Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong appeared first on Bitcoin Upload.

On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As pointed out by an analyst in a CryptoQuant post, the $18k level has been getting support from the whales as they have made spot purchases at this mark. The relevant indicator here is the “Sum Coin Age Distribution,” which tells us about the amounts the different Bitcoin investor groups are holding in their wallets right now. These groups are based on the idea of “coin age,” a measure of the total number of days a coin has been sitting dormant on the chain for. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown As an example, if 1 BTC remains still in a single address for two weeks, then this coin is taken as a part of the “1 week to 1 month” (1W to 1M) supply. Now, here is a chart that shows the trend in the Sum Coin Age Distribution in the Bitcoin market over the last year: Looks like the 3M to 6M group has been going up in recent weeks | Source: CryptoQuant As you can see in the above graph, the amount of supply held by the different Bitcoin coin age cohorts has shown an interesting pattern during the last few months. When the crypto’s price crashed back in June, the 1D to 1W supply spiked up as whales picked up some fresh coins around the $18k level. As the days passed, these coins started aging into the 1W to 1M range, causing the 1D to 1W band to plunge down, while the 1W to 1M group observed an uptrend. Related Reading: 3 Altcoins That defy Bitcoin Dominance And Continue To Rally – CSPR, TWT, CRV Similarly, these coins matured further with time, leading to the 1M to 3M group rising up and the previous one falling off. And finally, in the last couple of months, the 3M-6M cohort has also found itself at the end of this cascading effect. The recent increase in this last group suggests that the Bitcoin whales who bought during the crypto’s decline to $18k have still not realized profits on their coins, and have continued to hold onto them with conviction. BTC Price At the time of writing, Bitcoin’s price floats around $19.2k, up 1% in the last seven days. Over the past month, the crypto has gained 4% in value. The below chart shows the trend in the price of the coin over the last five days. The value of the crypto continues to show stagnant price movement in the last few days | Source: BTCUSD on TradingView Featured image from Michael Blum on Unsplash.com, charts from TradingView.com, CryptoQuant.com

September was an extremely exciting month for Glassnode, engaging our entire team from engineering, data scientists, and analysts, to deploy a brand new suite...

<!-- --> There is no question that DeFi has had a huge impact on the status quo of the financial industry...