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Tag: coin metrics

Goldman Sachs Is Betting on DeFi Infrastructure Firm Blockdaemon

The investment banking giant continues to invest in crypto companies.

Bitcoin miners made over $1.4 billion last month, despite plunge

Despite the market crash, Bitcoin (BTC) miners appear only marginally affected with reduced revenues in May, according to data from analytics tool Coin Metrics.

The post Bitcoin miners made over $1.4 billion last month, despite plunge appeared first on CryptoSlate.

Recent Bitcoin, Ethereum, Wider Crypto Market Crash Was “Big Test” for Nascent Stablecoin Market: Report

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes...

Around the World, Seven Traditional Firms Flying the Flag for Crypto in 2021

Crypto’s epic 2021 bull run to a new all-time high of $60,000 was primarily driven by institutions and traditional investors. While Tesla’s dalliance with Bitcoin made headlines around the globe, the carmaker is far from the only firm to be dabbling in crypto. Traditional firms that would previously have shied away from digital assets are […]

Bitcoin Mining Crackdown in China: Fake News or Something To Be Concerned About?

This article takes a closer look at recent reports coming out of China about potential upcoming regulations that could result in a a partial or total ban on Bitcoin mining in that country. Tuesday’s Announcement by Three Chinese Self-Regulatory Organizations Last Tuesday (May 18), Shanghai Securities News (SSN), “China’s leading financial newspaper and the China […]

Back Above $40K: Bitcoin Recovers After Biggest Crash In A Year

Bitcoin is back above $40K as the coin recovered from the biggest crash in a year with the supporters remaining bullish throughout Black Wednesday as we can see more in our latest Bitcoin news today. After the market’s steepest crashes, Bitcoin is back above $40K and the crypto community remained bullish throughout the blood-red market. […]

Bitcoin Back Above $40K After Biggest Crash in More Than a Year

Bitcoin believers remained bullish throughout “Black Wednesday,” and now the top coin has begun to rebound.

Crypto Liquidations Rampant As the Market Experiences Worst Crash Since March 2020

Why is the Price of Bitcoin And Cryptocurrency Crashing
Why is the Price of Bitcoin And Cryptocurrency CrashingThe world’s most successful cryptocurrency, according to Coin Metrics, plummeted by 30 percent on Wednesday morning to just above $30.000. The price is slowly regaining momentum towards the $40,000 mark. Similarly, data from Cryptoquant shows that 17 Billion Bitcoin longs have been liquidated so far today.. Bitcoin Dumps on Attack In less than 24 hours,
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There are now 6,710 Cardano millionaires following latest ADA surge

The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data.

Bitcoin Price Decline Not Completely due to Elon Musk’s Tweets, as Crypto Investors Turn to Small Cap Altcoins: Report

Nate Maddrey and the Coin Metrics team have noted in their latest State of the Network Report that after Elon Musk helped drive the...

Bitcoin Whales Are Dwindling: What Does That Mean for the Market?

New data shows there are fewer Bitcoin whales now than in the past 10 months. But addresses holding smaller amounts are on the rise.

Deconstructing Elon Musk’s Announcement About Tesla and Bitcoin

On Wednesday (May 12), just three weeks after agreeing with Jack Dorsey that “Bitcoin incentivizes renewable energy”, Elon Musk shook the crypto market by announcing that Tesla is no longer accepting BTC as a payment method. On February 8, the world learned from Tesla’s latest annual report (Form 10-K) that the company had invested $1.5 […]

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