The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, show that the Bitcoin Age Consumed experienced a large uptick with the recent price increase — a sign that tokens previously dormant are on the move. The Bitcoin Age Consumed metric is found by multiplying the amount of tokens changing addresses on a certain date by the time since they last moved. It is an indicator of volatility, which often precedes a directional price shift. Over 79,955 BTC that were dormant for at least a year changed addresses on Friday, Oct. 23, pointing to a strong paradigm shift among …

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token's price. Ethereum’s on-chain activity, measured by unique daily addresses, has rebounded from its nose dive at the end of summer. The latest surge has taken Ethereum to a 3-week high of 420,610 addresses per day — marking a 25.2% growth compared to the day prior. Another noticeable trend is Ethereum’s 365-day dormant circulation, which tracks the renewed movement of all tokens that have previously not changed addresses …

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that regular users are returning to Ethereum in response to lower transaction fees. Several influential Ethereum cohorts — including miners and some of Ethereum’s largest non-exchange addresses — have been showing signs of ongoing accumulation and increased confidence in the coin’s long-term potential. After a period of redistribution and short-term selloffs by Ethereum’s block creators throughout August, the combined balance of Ethereum mining pools is once again on the rise, growing by 50,000 ETH (~$18,200,000 at the time of writing) over the last 30 days. In the past, …

With its year-to-date growth of more than 15x in total value locked, and more than $11 billion committed to the protocols, decentralized finance (DeFi) has become a mainstay in the crypto industry, and a whole new industry in itself. Meanwhile, its shape as a concrete market has not been defined with substantial confidence. A major shortcoming of DeFi research to date has been its focus on individual projects or simple metrics, such as financials. A systematic overview capturing the essence of the industry and professionally describing it in depth is missing. To address that, Cointelegraph Consulting and Byzantine Solutions have …

The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the results of a DeFi survey in “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The survey showed that 48% of the top projects in the DeFi space expect mainstream adoption to arrive after three to five years, while 8% believe it might take longer than 10 years. Of all the respondents, 89% agreed with the idea that DeFi is broadly scalable and would …

Many new users have been attracted to the explosive expansion of the DeFi sector in 2020, seeking to explore the growing selection of finance tools and applications. Not surprisingly, large barriers exist due to complexity, high transactional fees, not to mention the inherent risk of using these relatively new platforms. In an effort to simplify the user experience by providing a knowledge base, Cointelegraph Consulting has released DeFi Adoption 2020: A Definitive Guide to Entering the Industry. The guide features findings from Cointelegraph Consulting’s landmark survey distributed to DeFi projects in multiple regions around the world. The results examine trends …

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing to grow in favor of ERC-20 assets. This market cap ‘flippening’ points to the fact that the price of Ethereum has corrected more strongly than the ERC-20 ecosystem and has struggled to bounce back in the immediate aftermath. Perhaps unsurprisingly, it was the DeFi-related coins in particular that managed to bounce back much quicker than …

The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ether is poised for gains. The amount of Ethereum transacted on the blockchain daily has grown from an average of 3.85 million in July to 4.75 million in August, recording a 5-month high of 7.74 million on Tuesday. The chasm between Bitcoin and Ethereum’s transaction volume has been growing for several months now. Ethereum’s daily on-chain transaction volume was 60% that of Bitcoin’s, after hitting an all-time low of 0.6 on August 30th. This marked the lowest transactional disparity recorded between the two largest Blockchain networks during …

The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally. The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88. This indicates that Ether’s long-term holders are presently up 88% on their initial investment, on average. This is the highest average profit for Ether’s long-term holders since February 2018, and there’s a rising incentive to sell and take profits. Over the past 30 days, the collective balance of Ether mining pools has shrunk by more than 80,000 ETH (around $35,000,000 at current prices), suggesting some level of …

Every 1st and 15th, Cointelegraph Consulting provides the latest inside scoop on cryptocurrency price action and rationale in its Market Insights newsletter. Here’s a preview of one of this month’s editions. Editor’s note Crypto asset prices have flown upward in recent weeks, with various altcoins posting gains reminiscent of the great 2017 digital asset bubble. Assets such as Chainlink (LINK) and Band Protocol (BAND) have tallied triple digits percentage gains. Bitcoin (BTC), the industry’s pioneer asset, has also shown significant upside action. The asset travelled up slightly past $12,000 on Aug. 2 before subsequently falling more than $1,000 in the …

According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to solve a host of problems. Blockchain technology possesses nearly all the attractive characteristics needed by a reliable technology involving money. It is safe, secure, decentralized, transparent and relatively cheaper. Blockchain’s potential in financial services is significant and has several applications, spanning payments, capital markets, trade services, investment and wealth management as well as securities and commodities exchanges. Blockchain technology is tipped to be one …

The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time in 44 years, and their gross domestic product fell by 6.8% in the first quarter compared with last year. The pandemic was, naturally, to blame. More worryingly, year-on-year retail sales fell drastically in March. Shops, offices and factories are now starting to reopen, but people remain anxious and movement is restricted. However, businesses in Asia are currently recovering from the horrible financial hangover …