Robinhood Markets, Inc. has disclosed selected monthly operating data for May 2023, which depicts a complex portrait of growth and decline in user engagement and trading activities. Robinhood reported an increase in net cumulative funded accounts (NCFA) to 23.1 million at the end...
New on-chain data has picked out activity surrounding Binance’s consolidation transactions. As observed, the latest batch of these transactions has been subjected to a replaced-by-fee (RBF) shift, escalating from 13.5 sats/vb to 56.4 sats/vb. It is despite these transactions failing to “signal BIP125...
On-chain data released by Messari, focusing on the layer-1 blockchain ecosystem analysis during Q1 2023, show that the market capitalization of the leading chains rebounded by 83%. Ethereum and BNBChain emerged as the most deflationary networks in Q1 2023. Ethereum leads rebound The...
The crypto market experienced a month of widespread corrections, adjustments, slow NFT marketplace activities, and more, in the month of May, according to on-chain data released by The Block. A bearish May In a recent tweet, Lars H., the research director at The...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has been moving in uncertainties as the exchange reserves started declining in the first week of May. New data, however, suggests that a bull run might be...
While ethereum (ETH) is navigating a precarious balance between bearish uncertainty and bullish prospects, let’s dissect the intricate journey of this altcoin. As the digital sun sets over the crypto markets, ethereum, the second-largest cryptocurrency by market capitalization, endures in the face of...
Gemini, a major player in the cryptocurrency exchange arena, recently announced via Twitter that its proof-of-reserves data is now available on CoinMarketCap. The tweet also mentioned that more detailed information about their proof-of-reserves can be found on the Gemini Trust Center. To fully...
The ethereum (ETH) balance held by exchanges has declined to a new five-year low of 17,945,575.311 ETH. The number of ETH wallet addresses holding 100+ coins has also reached a six-month low of 46,858, data shows. Despite the current correction being witnessed by...
Bitcoin (BTC) is currently stuck in a bearish storm that started at the beginning of this month. Following four months of consistent gains this year, bitcoin began May on a bearish note. However, key historical data suggests the asset might be on the...
Experts are cautious, predicting that the crypto winter might not be over. Bitcoin traders remain split with most investors considering DigiToads. DigiToads is trending, expanding its social media presence as it continues establishing itself as a community-focused project while riding the meme token...