The chart below shows the recent decline in transaction counts on Bitcoin’s blockchain. In previous cycles, an initial burst of activity supported rallying prices, but recently, transactions failed to sustain any meaningful momentum, according to crypto data firm Glassnode. Source link … [Read more...] about Bitcoin Celebrates Birthday on a Dull Note, Analysts Expect Sideways Trading
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Never a dull day in DeFi! May 5-12
Never a dull day indeed. Today was among the busiest in recent DeFi memory, featuring a hack worth eight figures, a token dump worth upwards of eleven from none other than Ethereum co-founder Vitalik Buterin himself, a significant update on institutional adoption from Aave, and a proposal on Uniswap’s governance forums to turn $UNI into a governance token — a proposal once … [Read more...] about Never a dull day in DeFi! May 5-12