Onchain Highlights DEFINITION: Analyzing Bitcoin price in relation to Bitfinex long and short interest Bitcoin’s price and total long and short interest show a strong correlation over the past 12 months. As depicted in the chart below, Bitcoin’s price experienced a significant increase from October 2023 through March, coinciding with…
The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization. Source link
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry. Source link
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. Source link
The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame. Source link
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet. Source link
Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity. Source link
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace. Source link
Quick Take Ethereum’s network has recently seen significant transaction fees and burn rate reductions. The mean transaction gas price, calculated on a 7-day moving average, has plummeted to a four-year low of 4.4 Gwei. Ethereum: Mean Transaction Gas Price: (Source: Glassnode) This drop is mirrored in the mean fee per…
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace. Source link