What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…
Much has been said about Ethereum flipping Bitcoin in the past, particularly during the 2017 bull cycle when the ETH/BTC ratio peaked at 0.157. However, fast forward to now, spurred by the ongoing banking crisis narrative, Glassnode data analyzed by CryptoSlate suggests a period of Ethereum underperformance ahead – putting paid to the idea of…
Ad Yield farming platforms and protocols surged 8% over the last 24 hours, with a total sector market cap now north of $10 billion. What are yield farming coins? The yield farming token sector refers to a subset of the decentralized finance (DeFi) ecosystem that focuses on providing incentives to users for providing liquidity to…
Ad Bitcoin and other risk-on assets are under short-term pressure as the macro narrative flips from recession to sticky, entrenched inflation. Sticky inflation Markets are braced for an imminent recession. However, current macro analysis suggests a recession may not be coming, at least not in the short term. Instead, analysts expect a period of sticky,…
Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93 EH/s to 56.98 EH/s between Jan. 2022 and Jan. 2023. The increase represents a staggering 82% growth in hash rate YOY. Top public miners CryptoSlate analyzed ten of the…
Ad Realized price is a metric often used to determine market movements in bear and bull markets. Defined as the value of all Bitcoins at the price they were bought divided by the number of circulating coins, realized price effectively shows the cost-basis of the network. Dividing the network into cohorts can help us reflect…
Ad The introduction of the Ordinals Protocol, which enables the development of Bitcoin-based NFTs, has coincided with significant changes to mempool activity and transaction size, new data by CryptoSlate and Glassnode show. What are Bitcoin Ordinals? The ability to mint non-fungible tokens directly onto Bitcoin’s blockchain with all associated content, such as images and videos,…
Ad Glassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022. Bitcoin miner’s holdings decline 12.1% YoY As of Jan. 2022, Bitcoin miners held 36,003 BTC, with mining firms like Core Scientific, Riot, Hut8, Marathon, and Bitfarms holding over 30,000 coins. However, the…