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Analysis

NFT market a ‘game for pros’ in 2023 as volume declines

The NFT market is experiencing a contraction in 2023, with daily trading volumes falling significantly compared to previous highs, according to a recent NFT...

Everything you need to know on UK regulating crypto as gambling

A recent House of Commons Treasury Committee report has stirred a heated debate by recommending that retail trading and investment activity in “unbacked crypto...

Long-term Bitcoin holders sell nearly 50K BTC – marking 2023 high

Long-term Bitcoin (BTC) holders sold nearly 50,000 BTC on May 15, setting a record for such sales this year. This measure represents revived supply...

Digital asset investment products see outflows for 4th consecutive week totaling $200M

Digital asset investment products experienced outflows of $54 million during the week ending May 13, CoinShares said in its weekly report. That trend of...

It’s do-or-die for Litecoin as halving approaches

As Litecoin approaches its third halving, analysis shows this to be it’s most pivotal to date. Litecoin halving A recent tweet thread from Alex...

PEPE market cap slides below $500M as community interest shifts

The hype around Pepe (PEPE) memecoin appears to be dying, with the token trading more than 70% away from its all-time high. During the...

Crypto exchanges spot trading volume declines in April; Binance takes major hit

Crypto exchanges saw a significant decline in their overall trading volume in April, with Binance trading volume dropping by almost 50%. According to CCData,...

Bitcoin halts four day slide as CPI comes in better than expected

Spurred by better-than-expected U.S. Consumer Price Index (CPI) data, Bitcoin saw a 1.6% increase in the 13:30 (BST) 30-minute candle to close at $28,197....

Crypto investment products recorded over $50M in outflows – almost all from BTC

Crypto-based investment products market recorded $53.7 million in outflows during the week of May 1-7, with Bitcoin (BTC) based products accounting for almost all,...

Growing Bitcoin transactions highlight Lightning Network’s importance

The industry has always been aware that a time would come when a fee increase would make Bitcoin transactions hugely impractical. While many assumed...

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