On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to an impressive value of more […]
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
In February 2023, the AI-driven cryptocurrency sector reached a staggering $ 4 billion in value. Yet, it has since experienced a downturn of $ 1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. dollar. Downturn Hits AI Crypto Market Once a thriving market, …
Biggest Movers: DOGE Races to Highest Point Since May, Following Elon Musk Tweet
Dogecoin was one of the standout gainers during a quiet session, as the meme coin raced to a multi-month high. Prices rose as traders continued to react to a recent tweet from Elon Musk. Another notable gainer was polkadot, which rose nearly 7% higher. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover during Friday’s session, […]
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $ 6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network maintained a relentless burn rate, burning an average of …