USDC crosses $16 trillion in volume, driven by Solana’s market share
Circle’s USD Coin (USDC) stablecoin has crossed the $16 trillion mark in total cumulative volume. While this number falls short of traditional financial powerhouses like…
Category: Crypto Slate
Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns
A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to $200,000. On Aug. 29, Con…
SEC calls for better data for retail investors but fails to identify oracles like Chainlink are the solution
The US Securities and Exchange Commission (SEC) has highlighted the need for retail investors to gain more timely access to fund portfolio data. However, the…
Long-term holders currently possess more than 14 million BTC
Quick Take Recent data from Glassnode reveals significant insights into the behavior of Bitcoin holders, particularly those classified as long-term holders (LTHs) and short-term holders…
BlackRock’s IBIT sees second outflow since launch
Quick Take Farside data shows that Bitcoin ETFs have experienced a third consecutive day of outflows, with a total of $71.8 million withdrawn on Aug.…
Bitcoin’s realized volatility in August reaches highest level in over a year
Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase…
Crypto market continue to struggle with liquidity post-ETFs despite improvements – Kaiko
Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the US helped improve liquidity in the crypto market, but it’s still not enough to…
Salame withdraws dismissal request, clears way for Bond’s campaign finance trial
Former FTX executive Ryan Salame has withdrawn his petition to dismiss the indictment against Michelle Bond just days before a critical court hearing. In a…
Threshold Network proposes acquisition of BitGo’s WBTC to address centralization worries
Threshold Network has proposed to acquire BitGo‘s Wrapped Bitcoin (WBTC) product, offering $36.4 million worth of their native T tokens. The move aims to transition…
Bitcoin falls back to $59k after bulls fail to sustain momentum
Bitcoin (BTC) lost the momentum seen over the past day and slid below $59,000 after bulls failed to push prices past the key $61,000 price,…