Author: coinadrenaline
Bitcoin’s corrective phase set a four-month low at $76,600 on March 11. Despite this decline, long-term holders have continued to hold large amounts of BTC, suggesting a “unique market dynamic moving forward,” new research says. “Long-Term Holder activity remains largely subdued, with a notable decline in their sell-side pressure,” Glassnode said in a March 18 markets report.Long-term holders show signs of bullishnessBitcoin’s recovery comes as selling pressure among Long-Term Holders (LTHs) — wallets that have held Bitcoin for at least 155 days — begins to wane. The Binary Spending Indicator, a metric used to determine when LTHs are spending a significant…
Today, the fourth pre-trial hearing for the United States’ case against the Samourai Wallet developers took place in the Southern District of New York. This is the second time that the two developers, Keonne Rodriguez and William Lonergan Hill, have appeared together in public since the previous status conference, which occurred on September 17, 2024. Today’s hearing was the shortest and least substantive of the four pre-trial hearings that have occurred thus far. Pre-Trial Motion Schedule At the hearing, the prosecution and the defense established and agreed upon the pre-trial motion schedule schedule, which is as follows: May 9, 2025…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum has faced intense selling pressure over the past few weeks, with its price falling below the $2,000 threshold. This intense run of declines saw the cryptocurrency reach a low of $1,750 on March 11, marking its lowest point…
FalconX Executes First Block Trade for CME Solana Futures Digital asset prime broker FalconX has successfully executed the first-ever block trade for CME Group’s Solana futures, with StoneX serving as the counterparty. This landmark transaction took place just one day before the official launch of Solana futures on March 17, marking a significant moment for institutional participation in the SOL derivatives market. FalconX, headquartered in San Mateo, California, facilitated this trade to provide institutional investors with a regulated avenue to manage risk and price exposure in the volatile crypto market. Josh Barkhordar, Head of U.S. Sales at FalconX, stated that…
With bitcoin lingering below the $83,000 mark and the crypto market hovering at a $2.7 trillion valuation—a slight 1.13% dip from recent highs—traders and enthusiasts are buzzing: Is the BTC bull run hitting pause? Onchain Indicators Flash Bearish as New Capital Dries Up in Crypto Markets Cryptoquant CEO Ki Young Ju stirred the conversation on […]
The Ethereum Foundation (EF) is reportedly engaging with community feedback and exploring changes to its operations, according to Dragonfly managing partner Haseeb Qureshi. After meeting with EF members at ETH San Francisco, Qureshi noted a sense of urgency within the organization and an awareness that the landscape has shifted since 2020.He suggested that EF leaders are actively considering how to replicate successful initiatives like Solana’s Superteam, shifting focus from research-driven efforts to fostering project development and investment. Qureshi added:“Ethereum leadership have been getting a lot of criticism, and it’s important that you all know this — it’s working. They’re listening. They’re thinking…
The Shiba Inu weekly price action laid out a strongly bearish bias. The lower timeframe chart highlighted two key Fibonacci retracement levels to watch. Shiba Inu [SHIB] had fallen below a key long-term level last week but was trying to find its way back above. However, the price action in recent months meant the higher timeframe bias remained bearish. The Bitcoin [BTC] range formation in December began the SHIB movement downward. Other events saw the bullish conviction in memecoins eroded, a trend that has not yet halted. Shiba Inu bulls likely to have a hard time Source: SHIB/USDT on…
Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy program looking to raise up to $21 billion in fresh capital to acquire more BTC.Strategy’s new 130 BTC buy is the smallest one ever recorded since the company announced its first purchase of 21,454 BTC for $250 million in August…
Important update: since the initial publication of this post, Lodestar has published a new release, v1.15.0, which Holesky users must upgrade to prior to Dencun’s activation on February 7th. Additionally, Prysm and Nimbus have both published highly recommended releases for Holesky. Prysm users are encouraged to use v4.2.1, and Nimbus users v24.2.0. Goerli blobs are here: Dencun went live on Goerli at 6:32 UTC on January 17, 2024. You can now use blobs there!Sepolia and Holesky will upgrade over the next two weeks. Dencun will activate on Sepolia at epoch 132608 (January 30th, 22:51 UTC), and on Holesky at epoch…
A new report reveals that geoblocking US users from airdrops have denied Americans billions of dollars. In a recent report, venture capital fund Dragonfly disclosed that geoblocking policies hindered US crypto users from 2020-24 airdrops. The report attributes the regulatory concerns of various projects to potentially missing out on multi-billion-dollar revenue. At least $1.8B Loss The disclosure is part of the State of Airdrops 2025 following the analysis of 12 distinct Ethereum-based airdrops. The choice is ideal, given its popularity as a reward mechanic granting tokens to users of historical and current protocols. Dragonfly revealed that 11 projects deployed…