Aside from the bullish crypto market rally in January, there’s been more positive industry news as the month saw a steep decline in losses from exploits compared to the same time last year. According ...
Tag: Decline
Breaking down stats as crypto witnesses 93% YoY decline on exploits
According to research, cryptocurrency hacks caused $8.8 million in damages in January. When compared to the $121.4 million in exploitable losses in January 2022, January’s data indicated a 92.7% drop....
LINK starts to decline at $6.8 – Cryptopolitan
ChainLink price analysis for February 1, 2023, reveals the market following a downward movement, showing decreasing momentum, signifying negativity for the LINK market. The price of ChainLink has rema...
Lido Finance: Decline in TVL, re-emergence of bears, and everything in between
Due to the fall in prices of some native coins, Lido’s TVL declined in the last week. The buying pressure for LDO has declined significantly, and a price drawback might be on the horizon. Lido Finance...
Lido’s price decline tied to Jump Trading dumping, analyst says
On-chain analyst Lookonchain has tied Lido’s (LDO) recent sharp decline to crypto company Jump Trading in a Jan. 31 Twitter thread. LDO declined by around 10% on Jan. 27 when Jump Trading started tran...
Aave: V3 deployment, decline in AAVE’s Open Interest, and everything in between
Aave has launched its V3 on the Ethereum network. AAVE token is seeing a decline in Open Interest, indicating a shift toward the bearish sentiment. Following a go-ahead from its community members, le...
BUSD Supply Decline by $2B as USDT Market Dominance Rises
Tether USDT’s market dominance has risen to its highest level since November 2021, according to DeFillama data. On the other hand, Binance-backed BUSD has seen its supply shrink by roughly $2 billion ...
Optimism (OP) hits new ATH despite 70% transaction volume decline
Layer 2 (L2) network Optimism (OP) transaction volume has declined by over 70% to 200,000 from an all-time high (ATH) of 800,000, according to Etherscan data. Meanwhile, despite the steep decline in i...
Binance Coin Remains Above $300, But Faces Further Decline
Jan 26, 2023 at 14:11 // Price Binance Coin (BNB) is consolidating above $300 support as it approaches resistance at $317. Binance Coin price long term forecast: bullish The altcoin’s uptr...
Here’s What Might Have Triggered Ethereum’s Decline Below $1,600
After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETH’s price has now declined once more below $1,600 after a sharp do...
Tron (TRX) Price Analysis: Decline Could Extend To $0.055
Tron price started a fresh downside correction from the $0.064 zone against the US Dollar. TRX price is now trading below $0.0620 and the 55 simple moving average (4-hours). There was a break below a ...
Short Squeeze or Temporary Decline, What’s Next for XRP? (Ripple Price Analysis)
Ripple is aiming for higher price levels as the market experienced another uptrend over the previous week. The trend’s momentum looks promising, yet the price must first surpass the crucial resistance...
Aave V3 set to launch on Ethereum amid a steady decline in daily revenue
A new proposal to launch Aave V3 on Ethereum has been published. The decline in new users on Aave has caused its daily revenue to decline by over 70% in the last year. Aave, the decentralized lending ...
Crypto Analyst Believes That SOL’s Price Will Decline This Week
SOL’s price has risen more than 146% over the last month. The 9,20 and 50 EMA lines for SOL signal a continuation of the bullish trend. Twitter analyst believes that SOL’s price will decline in the co...
Optimism sees a decline in transaction count, thanks to Optimism Quests
Since the conclusion of the Optimism Quests program, daily transaction on Optimism has declined. This showed that many users flocked to the network only for the rewards promised by the program. Follo...
Solana [SOL] closed Q4 2022 with a decline in key growth metrics
Solana ended 2022 with a decline in some of its key growth metrics. So far this year, the chain has seen increased user activity. House to over 350 decentralized applications (dApps), a new report fr...
Polkadot Defies Decline And Challenges Resistance At $6
Jan 21, 2023 at 11:30 // Price The price of Polkadot (DOT) is in the bullish trend zone and starts a new rise. Polkadot price long-term analysis: bullish On January 14, the previous trend ended ...
Crypto scams are experiencing a dramatic decline
The fight against crypto scams in 2022 was so strong that the number of dollars extorted from victims decreased. 456.8 million is the amount extorted by ransomware in 2022, down from $756.6 million i...
Ransomware Variants Are on the Rise but Overall Gains Decline: Chainalysis
At the same time, the number of malicious programs attackers have been using to encrypt victims’ data “exploded in 2022,” the report reads. Cybersecurity firm Fortinet identified 10,666 new ransomware...
Solana is still in decline, while BudBlockz is on the rise
Sieving through for the right opportunity can be challenging in a field with hundreds, if not thousands, of projects. Cryptocurrencies are increasingly ushering in a new wave of investment opportuniti...
Litecoin [LTC]: A decline in Open Interest does not mean that buyers are done
LTC’s Open Interest fell by 9% in the last week. Regardless, investors remained bullish. Despite the rally in the count of Litecoin [LTC] transactions above $100,000 since the year began, the steady f...
Investors Predict 12% Decline For BTC In Next Two Weeks
Bitcoin has done well in the last week with multiple rallies that have brought the digital asset’s price back to early November 2022 levels. However, while investor sentiment looks to have significant...
Active crypto developers grew 5% YoY despite market decline
BitcoinMonthly active developers grew 5% YoY, despite a more than 70% decline in crypto prices in 2022, according to a recent crypto developer report from venture firm Electric Capital. The report als...
China’s population decline: what this means for global supply chain
China’s explosion in population over the decades took an interesting turn this week. According to China’s National Bureau of Statistics, China’s population declined by 850,000 in 2022, marking the fir...
Why the stock market isn’t impressed with the first monthly decline in consumer prices in more than 2 years
Inflation data may no longer be the big catalyst for stocks that it once was. U.S. stocks bounced around to a higher close on Thursday, even though investors received some encouraging inflation news a...
Paytm Shares Decline Following Alibaba Affiliate’s Alleged Sale of Stake Worth $125M
Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares. Paytm shares suffered an 8.8% decline on Thursday following a series of block deals recor...
Dogecoin: Here’s how consistent decline in trading volume might affect you
Daily trading volume for DOGE is at its lowest point in two years. 2023 started off on a good note as coin accumulation climbed steadily. Data from the on-chain analytics platform Santiment revealed ...
The Decline Of Russian Artillery In The Ukraine War
Commonly dubbed the “King of Battle,” artillery is a critical asset to any military. Indeed, modern warfare leverages the destructive nature of artillery to shape the battlefield from extended ranges....
Decoding current state of Bitcoin amid the decline in number of large transactions
The number of large transactions on the Bitcoin network declined after the FTX debacle. Miners net position changed and difficulty declined. The decline in the number of large transactions on the Bitc...