On-chain Data

On-Chain Data refers to the information stored on a blockchain network, which encompasses various aspects of the cryptocurrency ecosystem. It includes data related to individuals involved in the crypto space, companies operating in the industry, protocols governing blockchain networks, and crypto exchanges facilitating the buying and selling of digital assets. This comprehensive dataset provides valuable insights into the activities and trends within the cryptocurrency market. For individuals, on-chain data allows for the analysis of their transactions, addresses, and holdings, providing transparency and accountability. Companies can utilize this data to assess market demand, track supply chains, and enhance operational efficiency. Protocols, on the other hand, rely on on-chain data to validate and record transactions, ensuring the integrity and security of the blockchain network. Crypto exchanges heavily rely on on-chain data to facilitate trading, verify transactions, and maintain accurate records of digital asset ownership. This information is crucial for investors and traders to make informed decisions and understand market dynamics.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person

Finans

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.

Yazan Elizabeth Napolitano9 May 2023

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Teknoloji

Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade

The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.

Yazan Shaurya Malwa9 May 2023

(Markus Winkler/Unsplash, modified by CoinDesk)

Piyasalar

Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four

The move worked out in the end as the entity is sitting on a fat profit of several hundred thousand.

Yazan Shaurya Malwa9 May 2023

Lending money handing over paying cash (Shutterstock)

Piyasalar

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace

As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.

Yazan Glenn Williams Jr.8 May 2023

Teknoloji

Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish

Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.

Yazan Shaurya Malwa8 May 2023

Teknoloji

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.

Yazan Shaurya Malwa8 May 2023

Aave is the Finnish word for ghost (Metis)

Piyasalar

Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?

The recent decoupling indicates the assets will trade on their own merits.

Yazan Glenn Williams Jr.3 May 2023

Finans

PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.

Yazan Sage D. Young3 May 2023

Pepe the Frog (PepeCoin's Twitter account)

Finans

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

The much-awaited Aptos rival put its hundreds of million in VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Yazan Elizabeth Napolitano3 May 2023