Research

Number of BTC Wallets Seems to Suggest Increasing Interest From Retail Investors

Data from analytics firm Glassnode shows the number of bitcoin wallets holding at least $10 has reached an all-time high, indicating an increased presence of retail investors.

Bitcoin Price Pattern Mirroring Earlier Exponential Rallies: Report

Market Insights firm Nautilus Research says bitcoin is displaying price patterns that have historically been associated with a massive price breakout.

Active Bitcoin Addresses Reach 2017s High When Price Was Near $20,000

Active addresses on bitcoin’s network have reached their highest point since December 2017, when the price of BTC was trading for $20K.

Bitcoin Has Been in Accumulation Phase for Last Two Years: Report

On-chain analytics firm Glassnode claims bitcoin has been in an accumulation phase for the last two years, with 14 percent of the total supply being held in accumulation wallets.

Financial Watchdog Reports Belgian Investors Lost $12 Million to Crypto and Forex Scams

A report by the financial watchdog FSMA estimates Belgian investors lost nearly $12 million to crypto and forex-related scams over the past year.

Ethereum Fees Eclipse Bitcoin For Record Straight Two Months

Ethereum fees have eclipsed bitcoin’s for a record straight two months, after the surge in DeFi popularity led to a spike in transaction costs through August and September.

Lightning Network Developers Urge Users to Upgrade Following Discovery of Vulnerability

Lightning Labs developers have urged users to upgrade the LND versions immediately following the discovery of a vulnerability in the protocol.

CryptoCompare: Top-Tier Exchanges Set 2020 Daily Trading Volume Record in September

Top-tier cryptocurrency exchanges set a daily volume high for 2020 on September 3, according to the latest edition of CryptoCompare’s exchange review guide.

New Bitcoin Addresses Hit 2-Year High Following Chinese State-Media Touting of Cryptoassets

Bitcoin new address creation reached a 2-year high last week following a marketing campaign by China targeting retail investors.

Mike Novogratz’s Galaxy Digital Says Bitcoin Has ’60x’ Growth Potential

Mike Novogratz’s Galaxy Digital says bitcoin has “60x” market growth potential if it can continue to rival gold as a store-of-value asset and hedge against inflation.

‘I’m doubtful’: Nobel Prize-Winning Economist Shares Opinion on Smart Contracts

Nobel Prize-winning economist Oliver Hart shared his thoughts on smart contracts, saying the technology was less applicable in long-term relationships.

Majority of Yield Farmers Don’t Understand Smart Contracts or Risks: Report

A survey conducted by CoinGecko found the majority of yield farmers had no understanding of smart contracts or the risks involved in DeFi protocols, despite reaping enormous profits.

ETH Exchange Balances Hit 6-Month Low While Over 1,000 ETH Wallets Plummet: Research

The amount of ethereum being held on exchanges has hit a six-month low amidst a general decline in wallets holding more than 1000 ETH.

New Malware Uses Tor and Bittorrent to Mine Crypto and Steal Funds

ESET researchers claim a previously undocumented malware family is using the Tor network and Bittorrent protocol to infect user computers, mine crypto and steal funds.

Singaporean Banking Giant DBS Lauds Crypto, Says Industry is Charting ‘Brave New Frontiers’

Singaporean-based financial services giant DBS has released a report lauding cryptocurrency and saying the industry is providing investors a convenient and secure alternative to fiat.