Ethereum’s native token, Ether (ETH), has dipped by 48% year-over-year, trading around $1,600 last week. But besides a huge price correction, the world`s second most-valuable crypto has also seen a plunge in the number of active addresses. According to data presented by Bitcoin Casinos, the number of active addresses that either bought or sold Ethereum …
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The last quarter of 2022 saw a surge in BTC addresses, with 97,000 new BNS names being created in the quarter alone. An analysis by BitcoinCasinos.com shows this accounted for about 70% of all BNS registrations last year. According to the research lead at the site, this surge is responsible for the increased usage of …
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Non-fungible tokens (NFTs) are clawing back to life after an awful year, but the aftermath of the prolonged crypto winter is brutal. The trading volume for NFTs across all sectors, from art to gaming, is still deep below the values seen last year, and NFT collections have lost billions of dollars in value. According to …
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Bitcoin’s Sharpe Ratio has suffered a drastic decline since the start of last year. Data by BitcoinCasinos.com shows that the digital asset’s ratio was -0.86 in November 2022, down from 6.21 in January 2021. According to Edith Reads, an investment lead at the site, the current ratio doesn’t give any helpful information about BTC’s returns. …
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Jastra Kranjec
After a significant slowdown in December, the last month of one of the hardest years for the entire crypto industry, the global crypto trading volume spiked in January, with all major cryptocurrencies seeing double and triple-digit month-over-month growth. According to data presented by Bitcoin Casinos, Tether, Bitcoin, and Binance USD remained the three most traded …
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The world of cryptocurrency exchanges is becoming increasingly crowded with each passing day. This has resulted in an ever-increasing number of options for investors, traders, and developers alike. However, when it comes to Ethereum (ETH) exchange holdings there can be no doubt that the two giants of the industry – Coinbase and Binance – command …
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Jastra Kranjec
The world`s largest and most expensive crypto, Bitcoin, has begun 2023 on a positive note, bringing some long-awaited optimism to the market. According to data presented by Bitcoin Casinos, the global crypto market cap jumped by 35% in January and hit $1.08trn this week. Crypto Market Cap Rose Above $1T After Two Months The world`s …
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Bitcoin distribution is changing, as whales holding large amounts of BTC appear to be decreasing while smaller addresses are on the rise. This phenomenon has been observed over the last year of the bear market and is becoming more pronounced in 2023. BitcoinCasino.com analysis shows that Shrimps (addresses with 0.01 – 1 BTC) and Crabs …
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In recent months, the crypto world has seen a significant shift in the balance of power among investors. Small investors, also known as retail holders, have taken a larger piece of the pie in the wake of the fall of LUNA, a popular cryptocurrency. According to BitcoinCasino.com, retail holders now control 17.1% of the circulating …
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Ethereum’s transition to a Proof-of-Stake (PoS) consensus mechanism has had far-reaching effects on its ecosystem. Chief among them has been the introduction of ETH staking. The feature allows ETH holders to earn rewards for collateralizing their ETH holdings to validate transactions on the blockchain. This added financial incentive has caused the value of staked Ethereum …
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