COINOTAG reported on January 2nd that Evan Van Ness, the founder of the renowned Ethereum newsletter known as Week in Ethereum News (WiE), announced its discontinuation on social media. This decision follows a discussion earlier this year with leaders from the Ethereum Foundation (EF), who conveyed that they deemed the continuation of WiE to hold … Read more
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COINOTAG News reported on January 2nd that CryptoQuant analyst Burakkesmeci has highlighted a notable decrease in the Coinbase Premium Index, a metric that gauges U.S. Bitcoin retail demand. The index plummeted to a new 12-month low, indicating heightened selling pressure in the U.S. market, which may challenge the short-term price rebound for Bitcoin. As of … Read more
Both CertiK and PeckShield shared data showing December was the lowest month of crypto losses in 2024.
A crypto analyst says the rise in the Coinbase Premium Index is due to “increasing seller pressure” in the US market, reaching levels not seen since January 2024.
NFT sales have surged to $8.8 billion in 2024, led by dominant blockchains Ethereum and Bitcoin, despite facing significant market challenges. The late-year growth in Q4 managed to counter a seven-month downturn, showcasing resilience in the NFT market. According to COINOTAG, “oversaturation in the market left 98% of collections with little to no trading activity … Read more
On January 2nd, sources from COINOTAG News reported that an influential Ethereum whale executed a significant swing trade. The whale drastically invested 40.66 million USDT to acquire 12,178.4 ETH at a price point of $3,339. Following a strategic move, the entity offloaded 11,188.4 ETH this morning at a selling price of $3,357, successfully converting the … Read more
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Community-driven cryptocurrencies and decentralized governance systems can shape the future of Web3 technology.
GBP/USD remains weak near 1.2510 in Thursday’s Asian session. Fed officials projected they will make just two quarter-percentage-point rate reductions by the end of 2025. Dovish BoE bets and Trump’s tariff threats could undermine the GBP. The GBP/USD pair remains on the defensive around 1.2510 on Thursday during the Asian session, pressured by the stronger … Read more