Tag: Data

Volumes on Decentralized Exchanges Soar to an All-Time High of $478,838,000,000 in December: On-Chain Data

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Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s (ETH) biggest DEX, recorded the most amount of volume while Raydium (RAY), the largest DEX on Solana, placed second. Most other chains saw an increase in volume, and DeFI as a sector is growing, perhaps getting a boost…

Expert: D.O.G.E. Needs Real-Time Data for Economic Decision Making

Stefan Rust, CEO of Truflation, says the Department of Government Efficiency (D.O.G.E.) needs to rethink how the U.S. government measures and manages the economy’s health using real-time metrics. D.O.G.E. Must Champion More Responsive Policies Stefan Rust, the CEO of Truflation, says his open letter to D.O.G.E. is intended to encourage its leaders, Elon Musk and […] Source CryptoX Portal

Historical Data Shows What To Expect From Ethereum Price In Q1 2025 – It’s Very Bullish

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Este artículo también está disponible en español. Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year.  Historical Performance Shows What To Expect From Ethereum Price CryptoRank data shows that the Ethereum price could enjoy positive monthly gains throughout the first quarter of 2025. This is based on historical trends that show that Ethereum enjoyed…

Who Profited During Bitcoin’s $100,000 Surge? Analyst Breaks Down the Data

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Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high above $108,000 last week, the cryptocurrency has struggled to maintain upward momentum ever since. With this performance, BTC’s on-chain data has been brought to the spotlight to uncover the factors driving recent selling pressures and investor behavior. One key focus has been the Spent Output Age Bands (SOAB) indicator, which provides valuable insights into Bitcoin holders’ activity based on their holding periods. Who Cashed Out Their Bitcoin Gains?…

XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally

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Este artículo también está disponible en español. XRP has been range-bound in recent days, consolidating after successfully holding strong above the critical $2.10 support level. As one of the standout performers this cycle, XRP experienced a massive surge following the US election, capturing investor attention. However, recent price action has introduced uncertainty, leaving some investors concerned about the possibility of further downside. Related Reading Despite these fears, on-chain data suggests a different narrative. Insights from Santiment reveal that whales have accumulated another 40 million XRP in the past 24 hours.…

Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion

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Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services. Terawulf Secures Key AI Data Center Deal with G42’s Core42 The agreement will see Terawulf (Nasdaq: WULF) customize its Lake […] Original

Historical Data Shows How High DOGE Will Go This Bull Cycle

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Este artículo también está disponible en español. Crypto analyst Dima James has again raised the possibility of the Dogecoin price rallying above $10 in this market cycle. The crypto analyst alluded to historical data to show how high DOGE could go in this bull cycle.  How High Dogecoin Price Could Go In This Market Cycle In an X post, Dima James shared a chart that showed that the Dogecoin price could reach as high as $80 in this market cycle. The analyst also predicted that the cycle top for Dogecoin…

Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

XRP Whales Loading Up – Data Reveals Buying Activity

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Este artículo también está disponible en español. XRP has faced a sharp downturn over the past few days, shedding over 23% of its value since Tuesday. This steep correction has mirrored the broader market’s turbulence, intensifying negative sentiment around XRP. However, notable developments are emerging beneath the surface of this bearish price action. Related Reading Key on-chain data from Santiment reveals that whales are taking advantage of the dip. In the last 24 hours alone, these large holders have accumulated an additional 110 million XRP, demonstrating significant confidence in the…

Bitcoin Data Reveals No Significant Panic Selling In The Market – Shakeout Or Trend Shift?

Este artículo también está disponible en español. Bitcoin faced a sharp retrace yesterday, dropping 8% from its all-time high of $108,300 after the Federal Reserve announced a 25 basis point rate cut alongside a revised policy signaling fewer cuts in 2025. Despite the drop, Bitcoin managed to hold above $98,000, a critical liquidity level that analysts are closely monitoring. Related Reading This recent price action raises a pivotal question: is this the start of a more significant correction or merely a shakeout to fuel the next leg of Bitcoin’s rally?…