Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter investigates the anatomy of Ether (ETH) whales. The data indicates that the top 10 ETH-only whales consistently hold roughly 5 million ETH, with the largest whale accumulating more than 25% of the capital. The wallet address of the largest Ethereum whale, much like the other seven whales in the ranking, is relatively young as they only started buying in 2019. Apart from the amount of Ethereum that the whales hold, another defining characteristic of the group is its investment behavior pattern: It goes long on its assets and, probably, on the ecosystem …
In a recent investment thesis on Sora, the Cointelegraph Research team explored the current state of the decentralized finance, or DeFi, industry, highlighting the biggest challenges it faces right now. It found that the two largest problems are scalability and the segregation of multiple blockchains that exist independently and cannot share information. The Polkadot-based project tries to solve both of these bottlenecks by offering cross-blockchain transfers of any type of asset. It also provides transactional scalability by spreading transactions and validation across multiple parallel blockchains. Download the full investment thesis on SORA (XOR) here. Polkadot aims to ameliorate two pivotal …
Did you know that between 2012 and 2020, over 3,000 blockchain venture capital deals occurred across the world? Cointelegraph Research has built the most comprehensive data set of all blockchain venture capital to date. Covering over $16 billion invested by 928 different angels, VCs, incubators and corporates, the new 59-page report is the most in-depth analysis ever written on the blockchain VC industry. “The Cointelegraph Blockchain Venture Capital Report” contains exclusive interviews with the most influential VCs including Etiënne vantKruys of TRGC, Jin Kang of #Hashed, Alon Goren from the Draper Goren Holm Fund, Stephan Wong from PNYX Ventures, Camron …
Decentralized exchanges have continued to increase their market share, spurred on by high Ethereum gas prices, a rapid release of decentralized token sales, and layer two networks incentivizing developers to make their protocols accessible to users on different networks. The latest findings by Covalent in Cointelegraph Consulting’s biweekly newsletter indicate that the top DEXs on Binance Smart Chain, Avalanche C-Chain, and Polygon (formerly Matic) began to rise in volume as Ethereum gas prices pushed higher. PancakeSwap became the first DEX on BSC to breach the $1 billion mark in volume over a 24-hour period, despite entering February with only around …
According to the World Economic Forum, at the current rate of development, gender inequality in the world will "equalize" in 99.5 years. At the same time, the most hindering sectors for women's participation are economic and political ones. Against this backdrop, International Women’s Day celebrates the social, economic and cultural achievements of women all over the world. To commemorate this important day, Cointelegraph has organized a roundtable event dedicated to hearing the unique perspectives of influential women in blockchain and cryptocurrency. We’ve brought together some crypto’s leading women for this live stream. Our participants include: Anino Emuwa, founder and CEO …
While public adoption of crypto assets is increasing, global regulations continue to progress and recognize decentralized technologies as a suitable infrastructure for the dematerialization of securities. In Luxembourg, the country that is second in the world in terms of assets under management, the country’s regulator adopted a bill that explicitly recognizes the possibility of using distributed ledger technology for the dematerialization of securities. The regulation is moving quickly elsewhere across Europe: Tokenized securities now fall under the same rules and regulations as traditional financial instruments in many other European countries including France, Switzerland, Germany, Italy, the Netherlands, Romania, Spain and …
The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the total amount of BTC held by addresses with 100+ Bitcoin has seen a particularly strong uptick since the news of Tesla investing $1.5billion in BTC, growing by an additional 20,490 BTC. This brings the total amount of Bitcoin located in whale addresses to a new all-time high of just over 11.6 million, a number likely reflecting the increase in institutional participants over the recent time period. The lunar calendar ended with a flurry of news that drove Bitcoin (BTC) annualized volatility to 125%, a figure not …
To better understand user behavior and sentiment regarding transactions and privacy on the blockchain, Manta Network ran a survey in December 2020 studying user trust regarding privacy on the blockchain, as well as centralized and decentralized exchanges. The 2021 Privacy & Trust on Cryptocurrency Exchanges report examines the drivers behind user trust and activity surrounding blockchain transactions and exchanges. Download the full report here. The 404 participants in the survey all demonstrated some level of activity in the blockchain space. The majority of respondents identified as researchers and investors, and leaned toward crypto-maximalist views. Despite their positive outlook on the …
Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to acquire and trade as it becomes progressively more embedded in locked smart contracts and applications. Last spring, the percent of Ether (ETH) supply on exchanges peaked at around 26%, but since then, there has been a steady decline that puts the same statistic closer to 20.5%, according to data from Santiment. Some of the factors causing scarcity …
As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly offset by the decrease in addresses holding 10-100BTC, indicating that smaller “whales” were finding the chance to take profit too good to pass up. The year started with a surging increase in volatility and trading volume, with BTC setting a new all-time high at $41,941 before plunging back below $32,000. In doing so, annualized volatility hit a high of 97%, a figure not …
In a period filled with holidays, the cryptocurrency industry refused to take a day off. Strong market performances from Bitcoin (BTC) and some other high profile alt-coins like Ether (ETH,) was offset by the legal action against Ripple by the United States Securities and Exchange Commission. In response, a number of prominent trading platforms, including Coinbase, Crypto.com, and FalconX responded by halting trading or deposits of the XRP token. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the balance of wallets holding dormant BTC over a 365-day period has become more active. Between December 13 …
The latest findings from Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the combined balance of wallets holding small amounts of Bitcoin (BTC) continues to decline. This shows a downward trend in retail holders, which is in sharp contrast to the aggressive accumulation strategies of large holders. Social media metrics reinforce what is being seen on-chain. The average mood toward Bitcoin has been declining consistently during the past two weeks, pointing to growing crowd weariness regarding the top coin’s near-term potential. Another declining figure has been trading volume. Since its peak of $60 billion in November, Bitcoin trading volume …