Onchain Highlights DEFINITION: The total supply held by short-term holders [BTC] is the total amount of circulating supply held by short-term holders. Long-term and Short-Term Holder supply is defined with respect to the entity’s average purchasing date, with weights given by a logistic function centered at an age of 155 days and a transition width of
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Quick Take Farside data shows that on June 4, Bitcoin exchange-traded funds (ETFs) saw significant inflows, with a total of $886.6 million. This makes it the second-largest day of inflows since launch, trailing only March 12, which saw over $1 billion in inflows. Notably, this is the largest inflow ever for a day when no
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Simon McLoughlin, the Chief Executive Officer (CEO) of Uphold, a cloud-based financial services platform, has expressed optimism about the XRP price outlook despite the cryptocurrency’s stagnant price. McLoughlin predicts that the XRP price could surge as high as $10,000, surpassing the value of the world’s second-largest cryptocurrency, Ethereum.  XRP Price To Reach $10,000 A crypto

On-chain data shows the 7-day average Bitcoin mining hashrate has just witnessed its largest plunge since the China ban back in 2021. Bitcoin Mining Hashrate Has Just Observed The Sharpest Drop In 3 Years The “mining hashrate” refers to a measure of the total amount of computing power that the miners have connected to the

Solana and Ethereum are the clear competitors in the epic battle of supremacy. Though Ethereum was the first smart contracts platform, there are inherent problems like scalability that new chains like Solana and Cardano, for example, aim to solve. Solana Developers Doing Well In “Product Execution” And Communication Taking to X, one observer notes that

Despite having a good year in 2024, the Shiba Inu price has yet to beat its previous all-time high price of $0.00008. This has sparked speculations of whether the meme coin would be able to reach new milestones such as $0.0001. In regards to this, a crypto analyst has unveiled a brand new analysis and

Ruja Ignatova disappeared seven years ago after a warrant from US authorities was issued to arrest her. The self-proclaimed “Crypto Queen” was responsible for OneCoin’s Ponzi scheme that took $4.5 billion from investors. Now, a BBC investigation suspects that the missing crypto scammer could have been murdered by a Bulgarian drug lord years ago. Related

The University of Austin (UATX), set to welcome its inaugural class this fall, has embarked on a new venture by collaborating with cryptocurrency platform Unchained. Their joint goal is to raise $5 million in Bitcoin (BTC) to contribute to UATX’s long-term fund.  According to a Bloomberg report, UATX sees Bitcoin as a unique opportunity to

Against the backdrop of the recent surge in Bitcoin’s value, well-known cryptocurrency analyst and trader Javon Marks, with an optimistic outlook, has predicted the price of BTC to rise by over 18%, sending prices to unprecedented heights following a bullish breakout from a bullish pennant pattern. Bitcoin Next Move Could Reach $80,000s Range This impending spike

Onchain Highlights DEFINITION: The percentage of entities in the network that are currently in profit is based on the amount of Bitcoin bought cheaper than the current price. The “Buy price” is defined as the price at which coins were transferred to addresses controlled by the entity. Bitcoin’s current market trends show a nuanced interaction
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