Crypto Reaches New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts dailyhodl.com 11 September 2024 20:25, UTC Smart contract platforms have reached all-time highs in active addresses in the face of a price correction – a good sign for the asset class, according to analyst Jamie Coutts. Citing active…
Vega Chain to Cease Operations Following Governance Vote blockchainreporter.net 11 September 2024 20:26, UTC The Vega chain has announced that it will cease operations following a nearly unanimous on-chain vote to retire the network. As a result, the Vega chain will no longer support trading on any markets. The chain is expected to go…
Here’s When Bitcoin Could End Its Consolidation Period and Kick Off New Leg Up: Jason Pizzino dailyhodl.com 11 September 2024 20:30, UTC A closely followed crypto analyst says that Bitcoin (BTC) could break out of the current consolidation phase within weeks. In a new video update, crypto strategist Jason Pizzino tells his 333,000 YouTube…
Top Analyst Downplays Panic Over Bitcoin ETF Underperformance u.today 11 September 2024 20:32, UTC ETF expert Eric Balchunas has downplayed the recent drama surrounding the alleged failure of Bitcoin ETFs. Balchunas has pointed to the fact that these products recently returned to inflows. This flies in the faces of the skeptics who were ready…
Stablecoins on L2 networks just surpassed $10B cryptopolitan.com 11 September 2024 20:35, UTC Bridged or wrapped stablecoins now exceed $10B in value, highlighting the process of outflows from Ethereum. Both native and bridged stablecoins are highly influential in building liquidity on L2 and supplying DeFi apps with reserves. The supply of stablecoins on L2…
Bitcoin’s Sell-Side Risk Ratio Plummets Amid ‘Profit-Taking Exhaustion’ cryptoglobe.com 12 September 2024 03:19, UTC The cryptocurrency market continues to exhibit signs of turbulence as Bitcoin’s sell-side risk ratio, which measures the ratio of realized profit and loss relative to market size and indicates potential for heightened volatility, has experienced a sharp decline in recent…
Election Volatility? Bitcoin Doesn’t Care, Says Analyst thecoinrepublic.com 11 September 2024 22:22, UTC As America prepares for yet another presidential election, market participants are preparing for a period of volatility that is typical during the election cycle. Although the election could have implications for different investment portfolios. However, Bitcoin, the leading digital currency, is…
