Tag: IntoTheBlock

PEPE, SHIB Frenzy Benefits Ether (ETH) Price but Makes Ethereum ‘Unusable’ for Many, IntoTheBlock Says

PEPE, SHIB Frenzy Benefits Ether (ETH) Price but Makes Ethereum ‘Unusable’ for Many, IntoTheBlock Says

Fees on layer 2s, designed to scale the Ethereum network, also surged, with transactions costing as much as $1 on Arbitrum, the highest since 2022, th [...]
Bitcoin (BTC) Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show

Bitcoin (BTC) Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Bitcoin (BTC) Price Rally Draws ‘Quiet’ Retail Participation, Likely Driven by Institutions: IntoTheBlock

Bitcoin (BTC) Price Rally Draws ‘Quiet’ Retail Participation, Likely Driven by Institutions: IntoTheBlock

Similarly, the number of new Bitcoin addresses is steady and has cooled from a spike late last year, likely due to the Ordinals frenzy. The Ordinals p [...]
Bitcoin (BTC) Whales Boosted Coin Stash by $3B in January, Data Show

Bitcoin (BTC) Whales Boosted Coin Stash by $3B in January, Data Show

"While bitcoin ETFs have seen net inflows of $820M, bitcoin whales have seen an increase of ~$3B (76,000 BTC) so far in 2024," IntoTheBlock said in a [...]
Bitcoin (BTC) Not as Overheated as Previous Bull Markets, Analyst Says After 100% YTD Gain

Bitcoin (BTC) Not as Overheated as Previous Bull Markets, Analyst Says After 100% YTD Gain

Bitcoin (BTC), the leading cryptocurrency by market value, has doubled this year to over $34,000. Still, the market shows no signs of overheating, a p [...]
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