Jastra Kranjec
For years, the crypto space has seen a surge in cryptocurrencies, with their total number hitting an all-time high of almost 10,400 a year ago. However, the prolonged crypto winter caused the biggest drop in the number of cryptos, and the negative trend is still on. According to data presented by Bitcoin Casinos, the total …
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Although the 2022 crypto winter has been especially cold in decentralized finance (DeFi) land, DeFi’s relevance within crypto has remained stable. Despite rough market conditions, the DeFi industry has quietly kept building and innovating, and gaining new users. According to data presented by Bitcoin Casinos, the number of DeFi users jumped by 35% year-over-year and …
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Centralized Exchanges (CEXs) hold far more Ethereum (ETH) than Bitcoin (BTC). That’s per a BitcoinCasinos.com data presentation. The site reports that 16% of ETH is still on CEXs compared to 11% of BTC. To put it into perspective, ETH holdings across exchanges stand at roughly 19.3M, while BTC’s is nearly 2.27M. The most likely reason …
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Bitcoin prices have remained bearish since the beginning of this year. According to BitcoinCasinos.com, the Realized capitalization drawdown measured at -19%, marking the second-largest drawdown in its history. This was only eclipsed by the pico-bottom of the 2011 bear market. At this stage of the crypto winter, Bitcoin’s on-chain indicators have registered extremely low values …
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OpenSea’s stranglehold on the global non-fungible token (NFT) market continued faltering in 2022. According to a recent BitcoinCasinos.com report, the marketplace’s dominance shrunk by 25% in the year. This decline saw its market share drop to 33% and marked a pivotal moment for the future of NFTs. The platform has been the go-to NFT marketplace …
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The number of addresses holding at least one Bitcoin (BTC) is on a growth trajectory and is quickly approaching the one million mark. According to a BitcoinCasinos.com report, addresses with a balance of at least 1BTC stand at 978,963, an all-time high. BTC addresses are an integral part of the Bitcoin ecosystem, and this growth …
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Jastra Kranjec
Jastra Kranjec
Liam Solomon
