Crypto liquidations may be way worse than data has let on, suggest researchers

A report published by CoinMetrics has found extreme wealth centralization among many top stablecoins, with at least 80% of the total capitalization for five top stable tokens being held in less than six accounts.CoinMetrics found that most at least 20% of transfers made using most stablecoins are valued at less than $100, showing significant stable…

A recent study by blockchain-oriented research firm Clovr found that cryptocurrency coverage in the mainstream media spikes when the market drops off. The analysis tracked the correlation between coverage on crypto values over the past five years and the sentiments of published materials.Source: ClovrIn the course of its research, Clovr surveyed 48 mainstream U.S.-based and…

A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. 71 Total views 2 Total shares October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows…

An eventful week for Bitcoin this week. It ended down nearly 5 percent but at one point, things were looking much worse. A collapse to $8,900 sparked talk of a three-month correction—which could be exacerbated by the expiration of more than 100,000 Bitcoin options next Friday. So far at least, the correction appears to have largely…

The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange. 478 Total views 4 Total shares Own this piece of history Collect this article as an NFTOn April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 from around $4.20 apiece on the South Korean cryptocurrency exchange Upbit…

Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of the trend and providing warnings when the trend is about to reverse. There are many indicators and patterns that can accomplish this task but there…

Technology researchers Comparitech have used machine learning to analyze over 48k Reddit posts to determine which cryptocurrencies are viewed the most favourably. The study also included 7,500 articles from national and international news outlets.Articles were scored based on positive and negative sentiment in relation to other articles included in the study.Crypto chatter continues to spreadTalk…

Ethereum-based tokenized real estate platform hits ATH after turning to crypto following a permanent ban by PayPal. U.S. tokenized real estate platform RealT hit record highs in sales and new users after it turned to crypto-only transactions, following a ban by payments platform Paypal in April.The Ethereum-based startup tokenizes and sells U.S. property, allowing users…