The cryptocurrency landscape is vibrant and ever-evolving, with user activity serving as a critical indicator of interest and engagement within various networks. In this article, we will explore the recent analysis from the market intelligence platform IntoTheBlock, which highlights the number of daily active addresses for several major cryptocurrencies. Understanding these figures not only sheds
Crypto
Recent trends in the cryptocurrency market have revealed a significant uptick in demand for spot Bitcoin Exchange-Traded Funds (ETFs) across the United States. Over a week, more than $1 billion flowed into 11 different US-based Bitcoin ETFs, signaling a profound shift in investor sentiment toward cryptocurrency investment vehicles. Notably, this surge coincides with an increased
The cryptocurrency market experienced a notable upswing following the release of inflation data from the United States. Bitcoin, often seen as a barometer for the overall health of crypto assets, surpassed the $66,500 mark for the first time in nearly two months. Although it later retraced slightly below this threshold, the movement signals a rejuvenation
Bitcoin’s recent ascent has not gone unnoticed, as it has successfully surpassed the significant threshold of $64,000, positioning itself towards an ambitious all-time high. This pivotal move is crucial in the broader context of its market performance. A comprehensive analysis indicates that alongside this price breakout, the cryptocurrency has also crossed above the 200-day moving
Recent developments in the United States showcase a significant crackdown on cybercrime operations originating from Russia, particularly those linked to cryptocurrency laundering. Authorities have leveled charges against Sergey Sergeevich Ivanov and Timur Shakhmametov for allegedly orchestrating a cryptocurrency laundering service that intertwines deeply with Russia’s cybercriminal ecosystem. These charges underscore a growing recognition of the
The relationship between the cryptocurrency industry and political figures is often fraught with tension, misunderstanding, and shifting allegiances. Recently, the digital asset lobby group Stand With Crypto, which enjoys backing from major industry players like Coinbase, found itself in the midst of a contentious debate following its ranking of Democratic presidential candidate Kamala Harris’s stance
Ethereum has emerged as a cornerstone of the cryptocurrency ecosystem, driven by advancements in marketplaces and the stablecoin sector. A recent report by CoinShares, published on September 24, illustrates this point, noting that over half of Ethereum’s applications now revolve around marketplace functionalities and stablecoin usage. Yet, while Ethereum enjoys a robust position today, the
Shiba Inu (SHIB), a token born from the vibrant world of meme coins, has recently captured the attention of cryptocurrency enthusiasts and investors alike with a remarkable price surge of 35% over a single week. This upward trajectory elevated its market capitalization to over $11.5 billion, positioning it as the 14th largest cryptocurrency overall and
The upcoming trial of Roman Storm, co-founder of Tornado Cash, epitomizes the ongoing tension between technological innovation and regulatory compliance. Slated to begin on December 2 in New York, Storm faces serious money laundering charges that could have significant implications not only for him but also for the broader cryptocurrency development community and the decentralized
In a significant legal development, a Singapore court has granted a four-month moratorium to WazirX, one of India’s prominent cryptocurrency exchanges. This decision follows WazirX’s appeal for a temporary pause in its financial obligations, primarily in response to a catastrophic breach that compromised $234 million—affecting roughly 45% of its user base. The moratorium aims to