Runes protocol sees significant decline in activity
Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline.
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Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip
Large-volume trader moves point to concerns that a fresh Bitcoin price dip could still occur. 4820 Total views 18 Total shares Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume…

Bitcoin price breaks $11K, crypto traders optimistic about BTC’s action
The price of Bitcoin (BTC) has seen a recovery during the past week, surging by nearly 6.5% since Oct. 2. The resilience of the dominant cryptocurrency has traders pleasantly surprised, as many analysts anticipated a larger pullback. Following BTC’s rebound above the critical $10,500 support level to just over $11,000, the sentiment is turning optimistic.In…

Bitcoin faces ‘ton’ of resistance after daily BTC price gains pass 5%
Bitcoin (BTC) attempted to flip and hold $26,000 at the Sept. 12 Wall Street open as a swift BTC price rebound excited traders. BTC/USD 1-hour chart. Source: TradingViewBTC price adds 5.5% in 24 hoursData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency holding the majority of its 24-hour gains, which at one point totaled

French municipality accepting blockchain voting for road project
"The vote will be 100% secure," said Avosvotes CEO Florian Ribière. The French commune of Verneuil-sur-Seine is using blockchain technology to vote in a consultation over a 50-year-old road project between three towns.According to Verneuil-sur-Seine’s official website, the commune as well as nearby towns Vernouillet and Chapet are allowing blockchain-based votes through the Yvelinoise-based startup…

Crypto exchange volume data is becoming more reliable — but it’s still far from perfect
The Blockchain Transparency Institute, or BTI, has published its market data integrity report for 2020. This report found a threefold improvement in the quality of data on veteran crypto rankings site, CoinMarketCap. “Only 31% of the [CoinMarketCap] top 25 is being wash traded compared to over 90% just 1 year ago, a 3x improvement with their…

Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets
Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.

COIN price fails to impress as more crypto firms are eager to go public
2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However, a moment that is widely considered by many to be a tipping point for the industry…

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’
Mike Novogratz compared current cryptocurrency market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how coming from Wall Street made him different from most of the cryptocurrency community, which seem to treat cryptocurrency “almost like a religion.” Novogratz answered that, while he believes in the underlying…