Cryptocurrency Market

  • The number of ETH addresses in deficit hit a 7-month low

    On March 22, according to Glassnode data, the number of ETH addresses in deficit reached 32559530.500, a 7-month low.
    The number of ETH addresses in deficit hit a 7-month low
    I. In

    03/22/2023
    117
  • The decentralized oracle based on StarkNet, Epic Network, was renamed Pragma Network

    On March 22, it was announced that the StarkNet based decentralized oracle, Epic Network, was renamed Pragma Network, and specific application L3 will be deployed on StarkNet (Prag

    03/22/2023
    105
  • Arca Sells Most of Its Arbitrum Ecological Tokens Ahead of Arbitrum Native Token ARB Launch

    According to reports, according to Spot On Chain monitoring, Arca, a digital asset management company, or due to the upcoming launch of Arbitrum native Token ARB, has sold most of

    03/22/2023
    141
  • The Impact of Gridex Contract Launch on Energizing the Crypto Industry

    On March 22, according to data from Arbiscan, after the Gridex contract went online, it generated more than 58000 interactions in the past week, with an average daily number of int

    03/22/2023
    99
  • Cathie Wood’s ARK Fintech Innovation ETF Sells $13.5 Million Worth of Coinbase Stock

    According to reports, Cathie Wood\’s ARK Fintech Innovation ETF sold $13.5 million worth of Coinbase stock, the first sale of Coinbase stock since July. ARK sold 160887 shares of it

    03/22/2023
    106
  • Gnosis Chain Collaborates with Monerium to Launch EURe: The Over-Collateralized Euro Stablecoin

    On March 21st, Gnosis Chain officially announced that the electronic currency institution Monerium has launched an over collateralized Euro stable currency EURe on the network, wit

    03/21/2023
    133
  • The Big Transfer: 3.5 Million USDTs Move from Kraken to Bitfinex

    On March 21st, according to Whale Alert monitoring data, at 19:11:235 Beijing time, 3500000 USDTs were transferred from Kraken to Bitfinex.
    Data: 50 million USDTs transferred from

    03/21/2023
    116
  • XanPool Reduces Staff and Closes Offices in Singapore and Malaysia

    According to reports, XanPool, a cryptopayment platform, has reduced its staff to less than 40 and closed offices in Singapore and Malaysia. It is reported that XanPool has current

    03/21/2023
    106
  • Understanding How the Demand of American Buyers is Driving the Bitcoin Market

    On March 21, it was reported that an analysis by Matrixport, a cryptographic service provider, showed that the hedging demand of American buyers was an important reason for the ris

    03/21/2023
    118
  • The Crypto Market: An Overview of Whale Transactions

    According to reports, according to Whale Alert monitoring, an unknown address at 15:19 (UTC+8) transferred 20 million CRVs (approximately $19 million) to Aave V2.
    Transferring 20 m

    03/21/2023
    111
  • Decentralized Trading Platform Clober Launches ARB Put Options, Achieving Over $50K in Trading Volume

    According to reports, the decentralized trading platform Clober launched ARB put options yesterday, allowing traders to purchase ARB put options at an exercise price of 50 cents, $

    03/21/2023
    97
  • Understanding the Recent Sale of 4000 ETHs and Transfer of 16000 ETHs to Binance

    According to reports, according to Lookonchain data, a SmartMoney address sold 4000 ETHs (approximately $7 million) on the Uniswap platform six hours ago, while transferring 16000

    03/21/2023
    110
  • WhaleAlert Reveals Transfer of 1184 BTCs From Coin An to Unknown Wallet

    According to reports, WhaleAlert data shows that 1184 BTCs (valued at $32.01 million BTCs) have been transferred from Coin An to Unknown Wallet.
    $32.01 million BTC transferred from

    03/21/2023
    132
  • Auros Global’s Liquidation Termination and New Investment from Vivienne Court Trading and Bit Digital

    It is reported that Auros Global, a crypto trading company, terminated the court supervised interim liquidation last week after a major debt restructuring, and obtained a new inves

    03/21/2023
    121
  • Potential Implications of the March Interest Rate Increase on DefiLlama and Harvest_Keeper

    21:00-7:00 Key words: interest rate increase in March, DefiLlama, Harvest_ Keeper Overview of important developments overnight on March 20th Analysis based on this information:On March 17th, a statement by the Federal Reserve prompted speculation about a potential interest rate increase in March. This news may have significant implications for the crypto market and particularly for decentralized finance (DeFi) platforms like DefiLlama and Harvest_Keeper. The first keyword, interest rate increase in March, is particularly relevant in this case. An interest rate hike could result in increased borrowing costs for consumers and businesses, which would affect consumer spending, investment, and economic growth. While the Federal Reserve has not yet made a decision, a rate hike could be implemented as early as next month. DefiLlama and Harvest_Keeper, the two second keywords, are DeFi platforms that operate on the Ethereum blockchain. These platforms are designed to provide users with decentralized financial services like lending and borrowing, yield farming, and decentralized exchanges. DeFi has become…

    03/20/2023
    144
  • New Belgian Law Mandates Accurate and Risk Warning for Cryptocurrency Advertising

    According to reports, according to a new law announced by the Belgian financial regulator on Monday, Belgian cryptocurrency advertising must be accurate and warn investors of risks

    03/20/2023
    101
  • Economist Henrik Zeberg Remains Optimistic on Cryptocurrency Market

    According to reports, economist and senior trader Henrik Zeberg gave detailed views on the current situation of BTC and the entire cryptocurrency market, and Zeberg’s view on the current market situation is still optimistic. As long as the economy does not fall into recession, the prices of Bitcoin and other cryptocurrencies will continue to rise. Zeberg said this was due to the influx of liquidity into the system. Economist Henrik Zeberg: Bitcoin and other cryptocurrencies will continue to rise as long as the economy does not fall into recession Analysis based on this information:In a recent report, economist and senior trader Henrik Zeberg provided his views on the current state of the cryptocurrency market, with an overall optimistic outlook. Zeberg believes that the continued rise in Bitcoin and other cryptocurrencies can be attributed to liquidity influx into the system, a trend that will continue as long as the global economy does not fall into recession. Zeberg’s optimism comes as a…

    03/16/2023
    119
  • BlockTower Capital Receives $9.81M of YGG and Transfers $1.5M to Binance

    According to reports, according to Twitter user ember monitoring, eight hours ago, BlockTower Capital (labeled on the MetaDockTeam Block Browser plug-in) received $9.81 million of YGG from the YGG unlock contract, and then transferred 6.5 million YGGs (approximately $1.5 million) to Binance. BlockTower Capital transferred 6.5 million YGG unlock tokens to Coin An 8 hours ago Analysis based on this information:A recent report reveals that BlockTower Capital, a prominent cryptocurrency investment firm, has received $9.81 million worth of gaming token YGG from the YGG unlock contract. According to a tweet by Twitter user ember monitoring, the transaction occurred about eight hours ago, on an unspecified date. The YGG token is a gaming token used in the Axie Infinity game, a blockchain-based game that has become increasingly popular in recent times. This move by BlockTower Capital is a clear sign of the investment firm’s interest in the cryptocurrency market, particularly in gaming tokens. After receiving the YGG tokens, BlockTower Capital moved…

    03/16/2023
    168
  • Bitfinex transfers USDT to Kraken: Implications for the Cryptocurrency Market

    On March 15th, according to Whale Alert monitoring data, 49999997 USDTs were transferred from Bitfinex to Kraken at 20:44:59 Beijing time. Data: Nearly 50 million USDTs transferred from Bitlinex to Kraken Analysis based on this information:The Whale Alert monitoring system has reported that on 15th March, 49999997 USDTs were transferred from Bitfinex to Kraken at 20:44:59 Beijing time. This transfer of funds between two major cryptocurrency exchanges could have far-reaching implications for the broader cryptocurrency market. It is important to note that USDT is a stablecoin that is pegged to the US dollar. This means that the value of USDT should remain relatively stable even as the value of other cryptocurrencies fluctuate wildly. The transfer of such a large amount of USDT between two major exchanges may suggest that there is a shift in trading patterns within the cryptocurrency market. One possible interpretation of this transfer is that Bitfinex is looking to move liquidity to Kraken in order to facilitate…

    03/15/2023
    155
  • Massive Bitcoin Transfer Leaves Experts Surprised

    According to reports, Whale Alert monitoring data shows that at 16:30pm Beijing time, 262499 Bitcoins were transferred from unknown addresses to Coin An. Data: 2499 Bitcoins transferred from unknown addresses to Coin An Analysis based on this information:The world of cryptocurrency was plunged into excitement after the news of a massive Bitcoin transfer broke out. According to reports from Whale Alert, a monitoring data service that tracks cryptocurrency transactions, an unidentified individual transferred around 262499 Bitcoins to Coin An at 16:30 pm Beijing time. The news caused a stir in the crypto market and surprised many experts, as such a massive transfer could cause a fluctuation in prices. Some analysts speculated that the transfer could be made by a large institutional investor or a group of investors engaging in OTC (over-the-counter) deals. The transfer puts Coin An, a company operating in the cryptocurrency trading business, in a leading position in the industry. Coin An will now possess a large quantity…

    03/15/2023
    144