Data Analysis

SpaceX, the renowned aerospace technology firm, reportedly wrote down the value of its Bitcoin holdings by a total of $373 million in 2021 and 2022, according to an Aug. 17 report by The Wall Street Journal. The report suggests that SpaceX…

Cardano ($ADA) ecosystem has witnessed significant growth and development in Q2 2023, according to Messari's recent report. From the rise in stablecoin value to the expansion of decentralized finance (DeFi) and non-fungible tokens (NFTs),…

Breaking Above the Downside Trending Line Jasmy Coin, the cryptocurrency of Tokyo-based IoT provider Jasmy Corporation, has recently broken above its daily downside trending line, now serving as a support line, for the first time since May…

In Gemini's latest "Weekly Market Update" released on August 11, 2023, several significant developments were highlighted in the cryptocurrency industry, marking a week filled with innovation and collaboration. As of Friday, August 11, 2023,…

According to CME Group report, the two dominant cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), make up over 61% of the total market capitalization of all cryptocurrencies. The connection between these two cryptoassets has been…

The current uptrend in Ethereum's price began on June 15, 2023, when the price was at a low of $1626. Following this low point, Ethereum began to rise, and by June 19, the 5-day MA crossed above the 10-day MA for the first time, signaling a…

Non-fungible tokens are currently garnering attention in the digital market. To verify their ownership and authenticity, NFTs use blockchain technology. They represent a wide variety of things, such as art, music, games, and…

The digital currency ecosystem is trading with massive volatility that was engineered by the collapse and eventual bankruptcy of the FTX derivatives exchange over the past week. The combined crypto market cap has slumped to $837.47 billion,…

The bankruptcy of FTX Derivatives Exchange, the once crypto behemoth valued at about $32 billion, has served as a reference point for many to look at and engage with the industry with extreme caution. Last week, FTX still appeared normal…

The liquidity crunch facing FTX might have emanated from Sam Bankman-Fried, the crypto exchange's CEO, secretly transferring at least $4 billion to boost Alameda, with part of the funds being customer deposits, according to Reuters. Per…