Unmasking Truths Unraveling Stories
Unmasking Truths Unraveling Stories
Quick Take According to Newhedge, Bitcoin mining difficulty is anticipated to adjust negatively by 6% on June 5, marking one of the most significant drops since the FTX collapse. At the beginning of December 2022, there was a notable -7.3% decline, coinciding with Bitcoin’s price plummeting to $15.5k during the FTX crisis, which marked the […]
Quick Take Short-term holders (STHs) are investors who have acquired Bitcoin within the last 155 days, while long-term holders (LTHs) are those who have held Bitcoin for longer. Notably, the launch of the Bitcoin ETF in the US on Jan. 11, approximately 172 days ago, means that investors who bought Bitcoin at that time are […]
Ethereum co-founder Vitalik Buterin has suggested ways to help the blockchain improve its transaction confirmation times. Buterin, in a June 30 blog post, explained that Ethereum’s Gasper consensus mechanism uses a slot-and-epoch architecture that contains certain complexities, like bug interactions and a 12.8-minute confirmation time, that makes it “more and more uncomfortable” for user experiences. […]
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Experienced retail traders and long-term investors in the cryptocurrency market understand the driving force in a speculative market algorithm fueled by people and not capital. Decisions and investment plans to buy large amounts of cryptocurrency assets […]
In a move that could reshape the global agricultural landscape, AgriDex is setting out to bring the $2.7 trillion agricultural industry onto the blockchain. In this exclusive CryptoSlate interview, Henry Duckworth, CEO and co-founder of AgriDex, unveils his vision for revolutionizing the way agricultural commodities are traded and tracked worldwide. Fresh off a $5 million […]
Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during EU working hours, i.e., between 8 A.M. and 8 P.M. Central European Time (07:00-19:00 UTC), respectively, and Central European Summer Time (06:00-18:00 UTC). Bitcoin’s month-over-month price change in the EU region shows significant fluctuations over recent months. Analyzing the first half […]
Onchain Highlights DEFINITION: The relative amount (share) of gas consumed by the Ethereum network by transactions interacting with non-fungible tokens. This category includes token contract standards (ERC721, ERC1155) and NFT marketplaces (OpenSea, Blur, LooksRare, Rarible, SuperRare) for trading those. Ethereum’s gas usage by NFTs has exhibited significant shifts over the past few years, mainly as […]
Coinbase Derivatives plans to launch margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB). On June 28, the service published an announcement and submitted filings to the CFTC to list each contract under a self-certification model. It intends to launch the products on July 15. Coinbase Derivatives said […]
SnowBridge, a trustless cross-chain bridge designed to link Polkadot with Ethereum, is seeking approximately $6 million in DOT tokens funding from the Polkadot community. The firm’s proposal stated that the funds are intended to ensure Snowbridge’s long-term success, align the team’s incentives with the Polkadot community, and provide financial guarantees for the bridge’s users. Treasury […]
The volatility Bitcoin experienced this week had a particularly interesting impact on the derivatives market. Between June 23 and June 27, BTC lost its relatively stable support at above $64,000 and dropped to $60,000, with a brief dip below $60,000 before recovering on June 25. While the price drop might not seem that significant when […]
