Providing analysis on some of the most interesting projects, ecosystems and price movements.
Indicators point to Bitcoin bottom formation but recovery unlikely so soon – Glassnode
Glassnode revealed that all on-chain metrics point to the sign of a price bottom formation except the length of time it takes for a genuine bottom to form.
Grayscale report says bear market could last for next 250 days
Grayscale said the crypto market officially entered the bear market on June 13.
ETH, Lido rally following update on Ethereum’s Merge as markets turn green
Ethereum, Lido have been on a green run since it was revealed that the Merge could happen on September 19.
Polygon soars 70% following development updates, Disney accelerator
Developments at Polygon have triggered a bullish breakout. The latest rumors suggest the unveiling of new scaling technology at EthCC this week.
GameFi sector down, but not out | June Report
The GameFi sector is crashing, but not as hard as some people think.
Mixer usage sees all-time high thanks to nation-affiliated cybercriminals
Chainalysis' recent report revealed that crypto mixer platforms reached an all-time high of $51.8 million, with the majority of the volume coming from criminals with known nation-state affiliations and sanctioned entities.
VC crypto funding down 25.6% to $9.3B in first half of 2022
The fall in VC investments in crypto startups mirrors the pullback in VC funding across sectors globally, although the number of deals grew.
Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin & Footprint Analytics
Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1
Bitcoin miners still under pressure to sell but declining production costs provide relief
Recent events have led to an uptrend in miners liquidating BTC holdings. However, falling hash rate and difficulty are working to alleviate pressures.
Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
The transfer function of stablecoins makes stablecoin issuers similar to FMIs and should, therefore, adhere to the PFMI, the report said.
Glassnode analysis suggests Bitcoin might be near bottom
A recent analysis from Glassnode detected an increase in the long-term capitulation, which suggests Bitcoin might have reached its bottom. On the other hand, Wall Street thinks it'll go as low as $10,000.
Gaming going strong amidst crypto winter with 1.1 million UAWs
Numbers show that gaming activity makes up for 52% of all unique active wallets (UAW), with Splinterlands being the most popular game.
Bear market sentiments begin to ‘cool off’ as Ethereum records another week of inflows
Ethereum has seen a modest turn around in investment interest as the bearish market sentiments continue to recede.
Bitcoin holders should expect further price decline says Glassnode
A comparison of this bear market with previous ones showed that Bitcoin holders may still have to deal with extra selling pressure.
Highlights from ETHBarcelona: bear market survival guide
Prominent names from Venture Capitals came together in the "Bear Market Survival Guide" panel in ETHBarcelona, and stressed the importance of offering real value.
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
137,000 BTC may soon hit the market as Mt Gox is set to release funds to creditors that has been locked up for 7 years. How may this affect the price of Bitcoin and will it cause a further leg down?
Bitcoin spikes above $22,500, but odds are it’s a fakeout
A relief rally took Bitcoin above $22,500, but a lack of bullish signs to support the next leg up suggest bears are far from done.