USDT creator Tether is planning to launch a stablecoin pegged to the UAE dirham. Why? How stable will it be? Tether’s launching of a UAE dirham-pegged stablecoin pursues several goals and has some potential benefits. First, it will allow Tether to expand its footprint in the global stablecoin market and bolster its positions in the […]...
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Large bitcoin investors have slowed their monthly coin accumulation rates to 1%, down from an average 3%. This is the conclusion reached by CryptoQuant. Why? What do these numbers mean? According to the CryptoQuant report, large investors holding between 1,000 and 10,000 BTCs have slowed down their coin accumulation rates. This implies a weakening of […]...
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Outflows from Solana investment products recently set a new record. Investors withdrew more than $39 mln, which was the largest weekly outflow in history. Why is this happening? Several key reasons for the massive capital outflow from Solana investment products can be identified as follows: 1. A decrease in trading volumes of meme coins According […]...
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After a protracted period of heavy pressure on the bitcoin price, the behavior of BTC holders has shifted towards HODL and accumulation, according to Glassnode analysts. Are we really seeing the first signs of accumulation since March? 1. What changes in the behavior of bitcoin holders have been observed since March? Glassnode analysts note that […]...
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According to Crypto.com data, from January to June, the number of cryptocurrency holders rose by 6.4% from 580 mln people in December, to the current 617 mln. The number of those investing in Ethereum increased by 9.7% from 124 mln at the end of 2023 to 136 mln in June 2024. The number of bitcoin […]...
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The emergence of spot bitcoin ETFs has led to the popularization of cryptocurrencies not only by financial institutions, but also by traditional pension funds. In 2024, such funds invested hundreds of millions of dollars in the crypto market. They operate in the US, Korea, Norway, etc. Is it possible for the balance sheets of pension […]...
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Experts have seen a death cross shaping up on the bitcoin chart. The formation of such a pattern could point to an imminent price collapse. But how does it work in practice? And does this signal really precede a crash? The death cross is a TA pattern in which the 50-week moving average crosses below […]...
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Helium (HNT). The token showed steady growth from Q4 2023 to Q1 2024. As a result, the price action climbed from a low of $1.36 to a high of $11.16. The peak led to profit-taking by investors, which ushered in a bearish downtrend after March 2024. Since then, the token has been losing value. The […]...
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According to research material from the Kraken exchange, 73% of cryptocurrency owners in the US plan to continue investing in crypto currency next year. At the same time, 70% of respondents prefer to invest in bitcoin. By comparison, meme tokens and coins of newer blockchains were supported by only 12% and 17%, respectively. Why is […]...
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Coinbase has stated that it opposes the idea of placing decentralized crypto exchanges (DEXs) under the SEC’s jurisdiction. What would happen if they are? And what are the risks? If decentralized crypto exchanges fall under the SEC’s jurisdiction it could have serious consequences for the entire crypto industry. Below we highlight some of the key risks: […]...
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