Category: data

Data suggests retail investors are starting to enter again

Data suggests retail investors are starting to enter again

Quick Take While this rally has been driven by institutional capital, retail investors are starting to show up again We look at the data for Google searches, Twitter followers, Wikipedia views and exchange web traffic There is a noticeable uptick in all of these indicators but most are not even 50% there compared to 2017 […]

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Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White […]

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Crypto exchange volume soared in November, reaching $289.25 billion for the month

Crypto exchange volume soared in November, reaching $289.25 billion for the month

Trade volume across legitimate crypto exchanges rose by 134% in November compared to the previous month, according to data collected by The Block Research. November’s legitimate trade volume came in at $289.25 billion compared to $123.58 billion in the previous month. November saw the third-highest monthly trading volume since January 2018, during which time trading […]

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Lukka teams up with financial services giant IHS Markit to plug crypto data into Wall Street

Lukka teams up with financial services giant IHS Markit to plug crypto data into Wall Street

In a bid to woo institutional investors and large financial services firms to the digital asset market, crypto tax services and data provider Lukka has teamed up with information services giant IHS Markit to provide its data products to Wall Street.  In an announcement Wednesday, Lukka — best known for its retail crypto tax business — […]

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Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall […]

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees.Coin Metrics researchers and Nate Maddrey published […]

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Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains

Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains

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Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up

Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up

Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange withdrawals also surpassed deposits on […]

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