In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $ 69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme greed” phase. Market Sentiment Swings Between ‘Greed’ and ‘Extreme Greed’ …
TOKEN2049 Dubai Officially Sold Out with 10,000 Attendees Following Unprecedented Demand
PRESS RELEASE. Dubai, UAE — April 5, 2024 — TOKEN2049, the premier crypto event, has officially announced that tickets for the inaugural Dubai conference have sold out over two weeks in advance with 10,000 industry participants confirmed. The unprecedented demand underscores the event’s role as the leading international gathering within the crypto and Web3 space, […]
Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […]
Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC
In recent times, bitcoin has consistently remained above the $ 60,000 mark throughout the entire month of March. With its value soaring, many long-standing holders have started to transfer substantial quantities of dormant bitcoins from wallets that have not seen activity for years. March has emerged as a pivotal month for transactions involving these …
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $ 32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing Derivatives Market Friday, March 8, 2024, marked a notable day …