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Analysis

Largest Bitcoin ETP outflow since March as profit taking continues

The exchange-traded digital asset market has seen considerable outflows this week, marking a total of $107 million, illustrating an accelerated pace of ongoing profit-taking...

Bank of Russia kicks off digital ruble operations with free transactions until 2025

The Bank of Russia said transactions in the country’s Digital Ruble currency would be free till 2025, according to an Aug. 3 statement. After...

Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend

Crypto trading on centralized exchanges declined by 12% to $2.36 trillion. This is the lowest volume recorded since the beginning of the year, indicating...

Social media bots suspected in possible FTX crypto price manipulation, reveals report

A new report by the Network Contagion Research Institute (NCRI) suggests that social media activity, especially from inauthentic accounts, may have significantly amplified the...

Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?

The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third event in the cryptocurrency’s history. According to litecoinhalving.com, the...

TRON ecosystem grows amid increasing DeFi activity

The TRON (TRX) network exhibited considerable growth in Q2 in daily active accounts, new accounts, and transactions, as metrics increased by 14%, 13.4%, and...

Stablecoin decline as ETH staking, Layer-2s see major growth in Q2 2023

During a relatively stable second quarter, Bitcoin and Ethereum have expanded their shares to over 70% of the total cryptocurrency market capitalization for the...

AI tokens see the lowest weekly trading volume this year

A recent report from data analytics firm Kaiko revealed decreased trading activity for AI-related tokens. The report analyzed weekly trading volumes for some of...

XRP crowned top-traded altcoin of the year: Kaiko

Blockchain analytical firm Kaiko reported that Ripple’s XRP is the top-traded altcoin for this year, with its trading volume exceeding $150 billion. XRP’s trading...

Vitalik says Worldcoin’s Iris Scanning ‘Sufficient’ in Privacy Preservation

As the Worldcoin mainnet goes live, Ethereum co-founder Vitalik Buterin shared his thoughts on Worldcoin and the broader topic of biometric proof of personhood...

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