messari

Japan’s top brokers compete with crypto-native exchanges for market share

According to research by Messari, the top three online brokerage firms in Japan are experiencing surging revenue from their cryptocurrency exchange services. In its Asian Crypto Landscape report, Messari noted the operating revenue and net worth of exchange platforms operated by Japan’s top securities brokers is quickly catching up to that of their crypto-native rivals. …

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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat

<div class=”featured_image_container”> </div> <strong>The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices of new mining rigs have …

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83% of cryptocurrencies that peaked in 2018 are still down by 90%

Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January 2018 are still down by at least 90%. The data was spotted by CMT Digital analyst Matt Casto, who tweeted data showing the average return-on-investment, or ROI, of crypto assets sorted by the year in …

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Bitcoin’s ‘real’ volume doubles previous all-time high

Bitcoin’s meteoric rally to $40,000 has seen BTC smash its previous all-time high for ‘real’ volume by roughly 100%. On Jan. 7, Quantum Economics founder Mati Greenspan shared a chart showing that weekly spot volume has surged to double its previous high — according to Messari’s “real volume” metric — with more than $60 billion …

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The Bitcoin price has only been higher than now for 12 days in its history

The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin’s entire 4,332-day history, representing just 0.28% of the cryptocurrency’s life. Crypto analytics platform Messari published data stating that the closing price had exceeded $16,320 only on 12 other days, 10 of …

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Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off

Ethereum is still the most popular off-chain destination for bitcoins (BTC) as the total supply of tokenized BTC reached 150,000 BTC ($2.05 billion) at the end of October, up 21% since September. Growth has slowed significantly, however, since the decentralized finance (DeFi) craze that peaked near the end of Q3. Roughly $360 million worth of …

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Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B

2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the …

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Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value

Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. … read more. …

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Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos

Social media has thrown dogecoin traders a treat. Trading volumes for the Shiba Inu meme-based cryptocurrency spiked nearly 2,000% in the last two days, according to data from Messari, as videos on TikTok encouraged users to invest. The whimsical asset’s price climbed 35% to $0.035 over the same period.  Dogecoin is a “joke cryptocurrency,” according …

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