Bitcoin Flashing Relative Strength Against Stock Market Despite Deteriorating Macro Conditions: Analytics Firm

September 25, 2023 The Daily Hodl

Bitcoin

New data from IntoTheBlock reveals that Bitcoin (BTC) is showing relative strength against the stock market amid declining macroeconomic conditions. In a new article, Lucas Outumuro, the analytics firm’s head of research, says that the crypto king’s price action last week has been “remarkable” while the stock market tumbled. “As expected, the Federal Reserve did […]

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OpenAI leadership responds to former employee safety allegations

More Than 80% of the Holders of Shiba Inu and These Three Dogecoin Competitors Are Now Underwater: IntoTheBlock

September 9, 2023 The Daily Hodl

Altcoins

New data from market intelligence platform IntoTheBlock reveals that over 80% of traders who have invested in a handful of memecoins are currently underwater. According to the crypto analytics firm, just 11% and 10% of traders who hold Dogecoin (DOGE) competitors Shiba Inu (SHIB) and Floki (FLOKI) are in the green while only 14% and […]

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OpenAI leadership responds to former employee safety allegations

Large Bitcoin Holders Abruptly Accumulate $1,500,000,000 in BTC in Just Two Weeks, According to IntoTheBlock

September 4, 2023 The Daily Hodl

Bitcoin

New data reveals that deep-pocketed Bitcoin (BTC) holders have suddenly accumulated over a billion dollars worth of the crypto king during the last two weeks. According to market intelligence platform IntoTheBlock, large Bitcoin holders have amassed big quantities of the top digital asset by market cap since the middle of August. “Addresses holding 0.1% of […]

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OpenAI leadership responds to former employee safety allegations

Bitcoin Could Breakout if Bullish Momentum Is Strong Enough, Says Crypto Analytics Firm – But There’s a Catch

August 31, 2023 The Daily Hodl

Altcoins

Market intelligence platform IntoTheBlock says that new data shows Bitcoin (BTC) is primed for a sudden breakout. IntoTheBlock says Bitcoin could easily retest the key psychological $30,000 level following a bullish event. The firm’s thesis is based on the amount of buyers of Bitcoin at the price range between $27,345 and $30,000. “Bitcoin is back […]

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OpenAI leadership responds to former employee safety allegations

$170,000,000,000 in Deposits Leaving the Decentralized Finance (DeFi) Ecosystem, Says IntoTheBlock

August 28, 2023 The Daily Hodl

Altcoins

New data from IntoTheBlock shows the extent to which decentralized finance (DeFi) has been hit by the crypto bear market. The blockchain analytics firm says in a new report the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers […]

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OpenAI leadership responds to former employee safety allegations

US Treasuries and Real World Assets Bringing Renewed Interest in DeFi, Says Analytics Firm IntoTheBlock

August 14, 2023 The Daily Hodl

Altcoins

Market intelligence firm IntoTheBlock says that US treasuries, stablecoins yields and real-world assets are giving decentralized finance (DeFi) a shot in the arm. In a new article, IntoTheBlock head of research Lucas Outumuro says that MakerDAO’s (MKR) new 8% yield on stablecoin Dai (DAI), which has gathered $1 billion in deposits in less than a […]

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OpenAI leadership responds to former employee safety allegations

Key On-Chain Metrics on the Rise for Litecoin As LTC Approaches Halving Date: Analytics Firm IntoTheBlock

June 22, 2023 The Daily Hodl

Altcoins

Peer-to-peer payments network Litecoin (LTC) witnessed a surge in key on-chain metrics in the past week, according to the crypto analytics firm IntoTheBlock. The firm notes that Litecoin saw a 28% increase in daily active addresses in the past seven days, as well as a 54.6% jump in new addresses over that same time period. […]

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OpenAI leadership responds to former employee safety allegations

Decentralized Exchanges See Spike in Market Share Amid Regulatory Uncertainty in the US: IntoTheBlock

June 12, 2023 The Daily Hodl

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New data from on-chain intelligence firm IntoTheBlock finds that decentralized exchanges (DEXs) are seeing a rise in market share while a regulatory offensive develops in the US. According to a new report from the firm, the U.S. Securities and Exchange Commission’s (SEC) charges against Binance and Coinbase for alleged securities violations last week are likely […]

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OpenAI leadership responds to former employee safety allegations

Dogecoin (DOGE) Daily Transactions Spike 8,220% in May, According to IntoTheBlock

June 1, 2023 The Daily Hodl

Altcoins

New data from the market intelligence platform IntoTheBlock reveals that the daily number of transactions over Dogecoin (DOGE) significantly spiked in May. According to the crypto analytics firm, the number of daily transactions over the popular dog-themed meme asset skyrocketed by a staggering 8,220% last month, hitting a peak of above two million, a new […]

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OpenAI leadership responds to former employee safety allegations

Bitcoin (BTC) and Ethereum (ETH) Fees Plummet As Speculative Frenzy Cools, According to Crypto Analytics Firm

May 27, 2023 The Daily Hodl

Bitcoin

A prominent crypto analytics firm says that Bitcoin (BTC) and Ethereum (ETH) fees are plummeting as the speculative frenzy around digital assets loses steam. New data from market intelligence platform IntoTheBlock reveals that the total fees associated with the crypto king and the leading smart contract platform have dropped 32% and 24.4% this week, respectively. […]

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