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Bitcoin’s Spot Market Remains Sluggish, but Derivatives Tell a Different Story

Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s latest findings. The analytics firm said spot trading activity…

Continue ReadingBitcoin’s Spot Market Remains Sluggish, but Derivatives Tell a Different Story

Wrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH

Wrapped Ethereum (WETH) recorded 113,000 whale transactions worth more than $100,000 over the past week. This figure is its highest level since May 2021, according to on-chain analytics platform Santiment.…

Continue ReadingWrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH