Crypto Currency

Binance Smart Chain Revenue Surge Mirrors Pre-Correction Pattern as Network Activity Intensifies

TLDR: Binance Smart Chain revenue reached $2.5M on January 22, matching the $2.63M peak recorded in mid-October 2024  October’s similar revenue spike preceded Bitcoin’s 25% decline from $110,000 to below $83,000  Elevated fees indicate rising trading intensity, DeFi usage, and speculative behavior across BSC  Network demand patterns show increased block space utilization and higher gas

TLDR: Binance Smart Chain revenue reached $2.5M on January 22, matching the $2.63M peak recorded in mid-October 2024  October’s similar revenue spike preceded Bitcoin’s 25% decline from $110,000 to below $83,000  Elevated fees indicate rising trading intensity, DeFi usage, and speculative behavior across BSC  Network demand patterns show increased block space utilization and higher gas […]
The post Binance Smart Chain Revenue Surge Mirrors Pre-Correction Pattern as Network Activity Intensifies appeared first on Blockonomi…
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Crypto Currency

ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?

ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months…

ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months…
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Crypto Currency

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes…

“The AI trade is sucking the blood out of crypto,” one analyst notes…
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Crypto Currency

Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory

State of the Union: The cryptocurrency has taken a hit amid institutional investors selling their holdings and a positive jobs report. The post Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory appeared first on The American Conservative…

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The post Bitcoin Falls to Lowest Price Since Trump’s 2024 Victory appeared first on The American Conservative…
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Crypto Currency

Bitcoin cracks $60,000, sinking to lowest level since October 2024

The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets…

The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets…
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