Bookmarking Crypto Insights
In the rapidly evolving crypto industry, on-chain activity from high-value wallets often serves as an early signal of market sentiment and emerging stories. Over the last day, a clear trend has emerged among the influential wallets we track: a burgeoning interest in projects tied to AI, DeFi, and meme tokens. With 17 high-value wallets allocating … Read more
In a significant change for the world’s foremost cryptocurrency, Bitcoin’s volatility has fallen to 2.90% as of April 14, per data from crypto analytics platform CoinGlass. The drop signifies a trend of diminishing price fluctuations over several consecutive days, suggesting we could be seeing a change in market sentiment. For a long time, high volatility … Read more
China cracks down hard on cross-border crypto fraud, jailing fraudsters in a major blow to digital crime targeting Indians. China Drops Heavy Prison Terms Over Cross-Border Crypto Fraud on Indians A wide-reaching crypto scam targeting Indian nationals has led to harsh prison terms for a group of Chinese fraudsters, following months of investigation and judicial … Read more
Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, stands at a critical crossroads. Data from the past week presents a complicated tableau: although institutional outflows from Ethereum-related products keep rising, an anonymous whale—or possibly a coordinated group—has been making some seriously aggressive moves to accumulate the asset. As this protest by the so-called smart money … Read more
Brazilian fintech firm Meliuz has floated a plan to expand its Bitcoin holdings and make the cryptocurrency a strategic asset on the company’s books. Meliuz, which provides cashback and financial technology services, is taking the plan to make Bitcoin (BTC) the primary strategic asset in the firm’s treasury to shareholders in a meeting slated for … Read more
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges. The lack of rules around how authorities should handle seized crypto has spawned “inconsistent and opaque approaches” that some fear could foster corruption, lawyers told Reuters for an April 16 … Read more
For the first time in history, dapps are generating more revenue than blockchains, raising questions about the real value of the latter without the former, and how this trend could accelerate the rise of appchains. Dapps Are Generating More Revenue Than Blockchains The decentralized finance industry is entering a new state where applications are becoming … Read more
Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction. The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately $41.8 million since Dec. 31, according to a filing with … Read more
Bullish sentiment could be returning to Bitcoin as a key metric from Binance, the largest crypto exchange by trading volume, shows that buyers are starting to dominate the platform’s volumes. The Binance Taker Buy Sell Ratio, which calculates the ratio of buyers to sellers of Bitcoin (BTC) in Binance, “has returned to neutral territory,” CryptoQuant … Read more
The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC), describing it as “a community driven … Read more