ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print.
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the rise in fiat supply.
Why the 2024 Bitcoin halving may play out differently than in the past
While the halving event is considered one of the main catalysts for Bitcoin bull markets, it may play out differently next year.
Crypto Traders Grow Bearish as Aptos Plans $103M APT Token Unlock in November
The collective 20 million APT to be unlocked then equates to 112% of the average daily trading volume over the prior 30 days, according to The Tie.
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities.
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume compared to its main competitor USDT.
BMW taps Coinweb and BNB chain for blockchain loyalty program
BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.
How blockchain technology can revolutionize international trade
Blockchain technology has proven to be transparent and could make international trade transparent and even more secure.
Do Kwon shares LUNA burn address but warns ‘LUNAtics’ against using it
Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on May 21.
Blockchains are forever: DLT makes diamond industry more transparent
Blockchain integration into any sector has proven to be a fitting move, and the diamond industry’s interest in this technology will without doubt be instrumental in its improvement.
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
3 reasons why Ethereum price can hit $4K in April
From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum.
Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone
The 19 millionth Bitcoin was mined, leaving just 2 million BTC to be mined over the next 100 years.
3 reasons why Ethereum price can still retest $3K this month
A mix of technical, fundamental and on-chain indicators shows ETH’s price could boom higher as Q1 winds down.
El Salvador president predicts ‘gigantic price increase’ for Bitcoin
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said.
Wait and see approach: 3/4 of Bitcoin supply now illiquid
Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode.
Only 10% of the Bitcoin supply left to mine
Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce.
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year and the price went vertical last time.
3 reasons why Ethereum is unlikely to flip Bitcoin any time soon
For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it’s still nothing more than a guessing game.