Crypto markets rallying but damage remains severe
Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how...
30 million Bitcoin addresses in profit as metric hits 9-month high
Bitcoin addresses in profit is at a 9-month high of 30+ million. More unique addresses in profit were last above 30 million in early April...
Core Scientific agrees $70 million loan from B. Riley
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has...
Tesla lost $140 million on its Bitcoin in 2022
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held...
Investors put $116M into Bitcoin investment products as crypto pumped
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital...
Ethereum to launch “Zhejiang” public withdrawal testnet on Feb. 1
The “Zhejiang” public withdrawal testnet will then be followed by the Shanghai testnet. This is the first major upgrade since the Merge upgrade. The “Zhejiang”...
Oracle platform Pyth Network expands features to Arbitrum
Pyth Network’s price feeds are now available on Arbitrum. Builders within the Ethereum scaling solution’s ecosystem can now tap into over 200 price feeds across...
Porsche halts NFT mint amid negative feedback from community
Porsche announces halt to NFT mint of iconic 911 Model, just a day after public mint opened. The German car manufacturer said it had listened...
Why is Bitcoin is outperforming Ethereum? Market changing in 2023
Key Takeaways Ethereum has historically outperformed Bitcoin in bull runs The pattern has flipped to start the year, with Bitcoin dominance rising Our Analyst Dan...