Derivatives
Research
Research: The Merge is causing a divergence between Ethereum and Bitcoin SOPR
While Bitcoin's SOPR has been retesting its resistance, Ethereum has been retesting its support, showing the two could be moving in opposite directions.
The founders of LunarCrush on how the community creates price
The founders of LunarCrush Joe Vezzani and Jon Farjo share what pushed them to create the social analytics platform that takes its strength from the community.
Research
Research: Bitcoin accumulation trend score shows shrimps buying, whales selling
While macro uncertainty has pushed whales to sell off their coins and de-risk, it had little effect on small time holders who continued to accumulate.
Mining
Texas miner earned $9.5M in power credits while mining 318 BTC
Riot Blockchain showed the potential Bitcoin miners have when it comes to stabilizing power grids during periods of high demand.
Research
Research: The market is ripe with signs of capitulation, but Bitcoin is holding its ground
Several on-chain indicators show that Bitcoin could be nearing the end of its capitulation period.
Mining
Research: Miner data shows Bitcoin could have bottomed
Hash ribbons, miner balances, mining difficulty, and the Puell Multiple all show that Bitcoin reached its bottom and could be recovering.
Research
Research: 65% of Bitcoin’s circulating supply has not moved in the last 12 months
The 65% illiquid supply illustrates an interesting trend — investors are holding their coins both through bull markets and crypto winters.
Research
Research: Accumulation addresses – omens of a bull run?
Accumulation addresses have grown by 18% since the beginning of 2022, reaching an all-time high of 700,000 addresses.
NFTs
Over $86.6M worth of NFTs stolen since start of 2022
Over $86.6 million worth of NFTs has been stolen in 166 thefts since 2020 and hackers show no sign of stopping.
NFTs
NFTs.com domain name bought for $15M
Both parties still remain anonymous, but representatives from Domainer said that the buyer of NFTs.com was associated with other Web3 projects, including DigitalArtists.com.
Research
Research: Stagnating active addresses and entities show we’re in a typical bear market
Users drawn in by the bull market are riding out the bear market and resuming their activity once conditions improve.
Price Watch
Crypto market regains $1 trillion as Bitcoin nears $24,000
Less than 24 hours after breaking through the $23,000 resistance, Bitcoin rallies help total crypto market cap to pass $1T
