Quick Take The UTXO Realized Price Distribution (URPD) metric by Glassnode offers a snapshot of the prices at which the existing Bitcoin UTXOs were established. Each bar on the graph represents the Bitcoin in circulation that was last transferred within a particular price range. Since the bull run of 2021,…

Two digital assets, Monero’s XMR, and Multichain’s MULTI, saw a steep drop in value after Binance, the largest crypto exchange by trading volume, revealed that they would be delisted by Feb. 20. Earlier today, Feb. 6, Binance said XMR and MULTI, alongside other digital assets like Aragon (ANT) and Vai (VAI),…

Solana validators said they would restart the blockchain network’s Mainnet-Beta cluster using version 1.17.20 after an outage today, Feb. 6. Earlier today, the Solana status page confirmed an outage on its mainnet. “Engineers from across the ecosystem are investigating an outage on mainnet-beta,” one of the blockchain company’s official social…

The U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it as the genesis of “Operation Chokepoint 3.0.” Miners criticize the survey. Riot Platforms CEO Jason Les said the survey was “politically motivated, unlawful, and discriminatory” against the miners. According to…

Quick Take Net inflows into Bitcoin ETFs are seeing a slight uptick for the seventh straight trading day, emphasizing their growing appeal among investors. BlackRock IBIT is leading the pack, with an additional $137 million net inflow, taking its aggregate to an impressive $3.2 billion, according to BitMEX Research. However,…

There has been a significant shift in the distribution of Bitcoin supply since the beginning of the year. While the distribution of Bitcoin holdings is a regular occurrence and follows market cycles, the launch of spot Bitcoin ETFs in the U.S. seems to have spearheaded these changes. It’s important to…

Grayscale CEO Michael Sonnenshein urged regulators to approve spot Bitcoin exchange-traded fund (ETF) options in a statement on Feb. 5. Sonnenshein wrote in a post on X: “… I think it’s never been more important … to advocate for the development of a robust listed options market for spot Bitcoin…

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Coin Center’s Director of Research, Peter Van Valkenburgh, has issued a stark warning regarding the escalating threat posed by artificial intelligence (AI) in fabricating identities. Valkenburgh sounded the alarm after an investigative report revealed details surrounding an underground website called OnlyFake, which claims to employ “neural networks” to create convincingly…

GoDaddy Inc., a leading domain registration and web hosting company, has partnered with Ethereum Name Service (ENS) to facilitate connecting traditional domain names with blockchain-based .eth names. The collaboration was announced in a press release on Feb. 5. It aims to allow the seamless connection of the Domain Name System…