Bitcoin (BTC) mining analyst Jaran Mellerud estimated that the Ethereum (ETH) merge might have led to a 40% drop in Hive Blockchain’s revenue. Hive just lost its ether mining cash cow. I estimate its revenues to have fallen by 40% due to “the merge”. pic.twitter.com/1vq0U6EUze — Jaran Mellerud (@JMellerud) December 5, 2022 Mellerud highlighted that…
November 2022 was one of the worst months for the two most popular cryptocurrencies — Bitcoin (BTC) and Ethereum (ETH). November was Bitcoin’s second worse month in 2022 According to CryptoSlate data, Bitcoin lost roughly 18% of its value in the past 30 days — making November the second-worst month for the year and its…
Ethereum whales and sharks have been accumulating Ether (ETH) at a record rate since the FTX crash, Santiment reported on Nov. 30. 🐳🦈 #Ethereum‘s large key addresses have been growing in number since the #FTX debacle in early November. Pictured are the key moments where shark & whale addresses have accumulated & dumped. The number…
The cryptocurrency market cap saw net inflows of $17.98 billion over the last 24 hours and currently stands at $837.18 billion from $819.2 billion -up 2.70% over the reporting period. Bitcoin and Ethereum’s market cap increased by 1.67% and 3.74% to $317.09 billion and $148.88 billion, respectively. The top 10 cryptocurrencies all posted gains over…
The cryptocurrency market cap saw net outflows of $21.1 billion over the last 24 hours and currently stands at $819.2 billion, down 2.70% over the reporting period. Bitcoin and Ethereum’s market cap decreased by 1.94% and 3.40% to $311.95 billion and $143.60 billion, respectively. All the top 10 cryptocurrencies saw losses over the reporting period….
Crypto influencers started a joke about wrapped Ethereum (WETH) losing its peg and becoming insolvent over the weekend, causing a brief panic within the community. The joke started on Nov. 26 when blockchain developer Cygaar tweeted that WETH was about to become insolvent and that they would bail out anyone at a rate of 0.5…
In the last 24 hours, the cryptocurrency market cap saw minor inflows of around $3 billion as the industry rose to $844.87 billion as of press time — up 0.44%. Bitcoin and Ethereum’s market cap increased by 0.21% and 0.43% to $322.31 billion and $154.12 billion, respectively. The top 10 cryptocurrencies continued their flat performance…
In the last 24 hours, the cryptocurrency market cap saw outflows in excess of $100 billion as the industry plunged to $875.52 billion from $971.29 billion as of press time — down 11.02%. Bitcoin and Ethereum market cap fell by 9.06% and 17.56% to $341.85 billion and $149.58 billion, respectively. The top 10 cryptocurrencies recorded…
FTX treasury has lost over $3 billion since the start of November, largely thanks to the implosion of its native token FTT and Solana (SOL) over the period. Source: Arkham Intelligence According to CryptoSlate data, FTT was trading at over $26 on Nov. 1; however, the token experienced high volatility within the last 24 hours, dropping…
The Gala Games community suffered a scare late Nov. 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset’s value by nearly 30%. While blockchain security company PeckShield raised concerns about a possible hack, the team at pNetwork quickly responded that it was responsible for the white hat attack…