On-chain Data

On-Chain Data refers to the information stored on a blockchain network, which encompasses various aspects of the cryptocurrency ecosystem. It includes data related to individuals involved in the crypto space, companies operating in the industry, protocols governing blockchain networks, and crypto exchanges facilitating the buying and selling of digital assets. This comprehensive dataset provides valuable insights into the activities and trends within the cryptocurrency market. For individuals, on-chain data allows for the analysis of their transactions, addresses, and holdings, providing transparency and accountability. Companies can utilize this data to assess market demand, track supply chains, and enhance operational efficiency. Protocols, on the other hand, rely on on-chain data to validate and record transactions, ensuring the integrity and security of the blockchain network. Crypto exchanges heavily rely on on-chain data to facilitate trading, verify transactions, and maintain accurate records of digital asset ownership. This information is crucial for investors and traders to make informed decisions and understand market dynamics.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person


Markets

Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four

The move worked out in the end as the entity is sitting on a fat profit of several hundred thousand.

Lending money handing over paying cash (Shutterstock)

Markets

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace

As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.

(Jeppe Hove Jensen/Unsplash)

Tech

Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish

Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.

(Getty Images)

Tech

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.

Aave is the Finnish word for ghost (Metis)

Markets

Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?

The recent decoupling indicates the assets will trade on their own merits.

(Getty Images)

Finance

PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.

Pepe the Frog (PepeCoin's Twitter account)

Finance

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

The much-awaited Aptos rival put its hundreds of million in VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Red Sui. (explorer.sui.io)

Markets

Bitcoin, Ether Rise Sharply Immediately Following JOLTS Jobs Data

The two largest cryptocurrencies by market capitalization reacted positively to a reduction in job openings

(Getty Images)

Finance

Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex

The spike triggered a series of liquidations on the exchange.

BTC-PERP spikes to $56K (Cryptowatch)

Finance

PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders

PEPE derivatives will be listed on BitMEX with up to 50x leverage.

Pepe the Frog (PepeCoin's Twitter account)