A prominent market intelligence firm says that Ethereum’s (ETH) gas fees have dropped to levels not seen since the crypto markets collapsed in May of 2021. In a new report, Santiment says that the depressed gas fees on Ethereum suggests that interest in using the leading smart contract platform have significantly declined. “Ethereum fees are […]
The post Ethereum Gas Fees Dropping to Extremely Low Levels, According to Analytics Firm – Here’s What It Means appeared first on The Daily Hodl.
A market intelligence firm says seven crypto wallets may have been involved in the depegging of algorithmic stablecoin TerraUSD (UST) from the US dollar. According to digital assets insights firm Nansen, seven crypto wallets were spotted swapping large amounts of UST on the automated market-making platform Curve (CRV) on May 7th, right before the stablecoin […]
The post Seven Wallets Could Have Initiated TerraUSD (UST) De-Peg, According to Crypto Analytics Platform Nansen appeared first on The Daily Hodl.
Bitcoin (BTC) whales are making moves as over $1 billion in BTC has flowed out from crypto exchange platforms over the last 24 hours. According to data from crypto insights firm Santiment, deep-pocketed BTC investors have been making over 4,000 transactions per day this week, each over at least $1 million, after hitting a low […]
The post Bitcoin Whale Transactions Spike As $1,046,164,730 in BTC Leaves Crypto Exchanges in Just 24 Hours appeared first on The Daily Hodl.
A leading crypto insights platform is revealing that an investor cohort with little to no history of spending their Bitcoin (BTC) is snapping up BTC to the tune of hundreds of millions of dollars per day. Glassnode says in its latest newsletter that long-term holders (LTHs), or entities who are less likely to sell their […]
The post Over $268,000,000 in Bitcoin Moving to Long-Term Holders Signaling BTC Is Close to Bottom: Insights Firm appeared first on The Daily Hodl.
