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Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September,…

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Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced…

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Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on…

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Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches

According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100…

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Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable…

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Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021

Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer…

Continue ReadingBiggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021