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

Finance

Ether Trades Flat After Ethereum Shanghai Upgrade

Analysts had been divided on how prices might react.

By Oliver Knight, Sage D. Young, Jocelyn YangApr 12, 2023

ETH price chart (CoinDesk and highcharts.com)

Markets

Bitcoin Bulls, Bears Wrestle Amid Hopeful Signs in Latest Inflation Data

Volume returned to crypto markets as investors digested the March Consumer Price Index. Bitcoin super-whales may offer a base of support for prices.

By Glenn Williams Jr.Apr 12, 2023

Finance

DeFi Insurer Nexus Mutual Demands $2M Refund From Euler Hack Claimants. One User Traded it Anyway

Euler's hacker returned most of the money, putting the insurer that already paid claims in a pickle. Members of Nexus Mutual could get lawyers involved if the $2 million they’re owed isn’t returned.

By Danny NelsonApr 12, 2023

Tech

Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says

Less than 1% of previously staked ETH is in the queue waiting to be withdrawn.

By Sage D. YoungApr 12, 2023

Markets

Glassnode Estimates $300M Ether May Be Sold After Shanghai Upgrade

Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.

By Shaurya MalwaApr 12, 2023

Markets

Trading Firm Sees Bullish Signs as Bitcoin Open Interest Surges to Highest Level Since FTX Crash

A rise in open interest shows more participation from crypto traders and a bullish market sentiment, a trading firm said.

By Oliver KnightApr 12, 2023

Markets

Bitcoin Cracks $30K, but for How Long?

While bullish and bearish narratives collide, balances on exchanges may provide the most telling clues.

By Glenn Williams Jr.Apr 11, 2023

Finance

Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%

Maple’s pool will allow accredited investors and corporate treasuries based outside of the U.S. to invest in U.S. Treasury bonds on-chain, CEO Sid Powell said in a community call.

By Krisztian SandorApr 11, 2023

Tech

Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem

Users can stake ADA tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation.

By Shaurya MalwaApr 11, 2023

Tech

Shiba Inu's Metaverse Will Partially Open by End of 2023, Developers Say

The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.

By Shaurya MalwaApr 11, 2023

Pageof 28