Bookmarking Crypto Insights
The cryptocurrency market is typically defined by phases of high intensity followed by phases of relative calm. Recently, $AERO, a token that emerged during the “Base season,” has been seeing a pronounced decline in daily active addresses. Data from IntoTheBlock shows that the daily active addresses for $AERO are now only half of what they … Read more
Layer-1 blockchain Solana is celebrating its fifth year since its mainnet launch in 2020 — becoming one of the biggest chains by transaction activity and one of few select cryptocurrencies included in a proposed US digital asset stockpile. Since the first Solana block was built on March 16, 2020, the network has processed more than … Read more
Bitcoin, the largest and most recognized cryptocurrency in the world, has become a magnet for not only investors but also speculators and other market participants. Its not-so-long but quite eventful history is dominated by lightning-speed price movements alongside some pretty eye-popping price levels. Understandably, then, the story of Bitcoin’s price is often told in terms … Read more
The past week has been difficult for Solana (SOL), with a number of serious setbacks affecting its market performance. Although there was strong initial optimism about the blockchain’s potential, it has faced a number of challenges lately. From rapidly falling token prices to sharply declining transaction volumes, the past week’s data have shown a very … Read more
The unsettling trend affecting the cryptocurrency market has been trading volume declines since volumes peaked on February 27th. This decline in trading activity, however, seems to be just the low point in what has now become a broader downturn for the cryptocurrency market. Mixed sentiments over what this recent price action means have even led … Read more
The cryptocurrency sector is characteristically volatile, exhibiting dramatic price swings even within individual days. When the market is down trending, and especially when there is a heightened sense of uncertainty about just how low prices may go, traders tend to move into stablecoins, those kinds of crypto assets that are designed, or at least purported, … Read more
The CNV, Argentina’s securities regulator, has issued a new framework for VASP operations in the country, introducing prerequisites such as customer-exchange asset segregation and establishing new funds and security requirement. Argentina Issues New Rules for VASP Operations Argentina is catching up with other countries regarding its virtual asset service provider (VASP) regulatory requirements. On March … Read more
Ray’s outlook appears extremely bearish on the daily chart following a major collapse in the past weeks. Testing a five-month low this week, it currently in a consolidation mode as it decides on where to head next. Following a significant breakdown from a head-and-shoulder pattern on the daily chart, Ray witnessed its biggest loss (in … Read more
Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent “further misuse” by North Korean hacking collective Lazarus Group. “Recently, we detected a coordinated effort by Lazarus group to misuse our defi services,” said OKX on March 17. “After consulting with regulators, we made the proactive decision to temporarily suspend our DEX aggregator … Read more
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from … Read more