Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels. Speaking on the What Bitcoin Did podcast hosted by Peter McCormack on Jan. 30, Woo cited key metrics such as a strong number of long term holders (wallets holding for five months or longer) and growing … [Read more...] about ‘Peak fear’ but on-chain metrics say it’s not a bear market
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Crypto.com breach may be worth up to $33M, suggests onchain analyst
Onchain analyst claims that Crypto.com's loss in the latest security breach might have been worth more than the reported $15 million.Pseudonymous ErgoBTC, an on-chain analyst at Bitcoin (BTC) research firm OXT Research, claims that the Crypto.com security breach that was said to have resulted in the loss of 4.6K ETH ($15 million), may be worth up to $33 million.Adding another … [Read more...] about Crypto.com breach may be worth up to $33M, suggests onchain analyst
On-Chain Data Hub Nansen Eyes Aggressive Growth With $75M Raise
If blockchain technology is going to become the backbone of a new financial infrastructure, some company will have to serve as an intelligence hub for its data – storing the world’s information and making it useful, as the old Google saying goes.With a $75 million raise backed by some of the world’s leading investment firms, on-chain analytics platform Nansen is now positioning … [Read more...] about On-Chain Data Hub Nansen Eyes Aggressive Growth With $75M Raise
Solana on-chain development increases after a recent DDoS attack
Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack.As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The number of daily GitHub … [Read more...] about Solana on-chain development increases after a recent DDoS attack
Valkyrie to Launch $100M ‘On-Chain DeFi Fund’
In terms of what mix of DeFi platforms the Valkyrie fund will invest in, the list is long, Cowan said, and includes most major DeFi protocols. “We see a lot of opportunities on blockchains including Ethereum, Avalanche, Solana, Binance Smart Chain, Matic and Fantom,” he wrote. Source link … [Read more...] about Valkyrie to Launch $100M ‘On-Chain DeFi Fund’