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

Bitcoin's Most Loyal Holders Continue Accumulation Despite Price Lull

Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric.

Bitcoin whales - a term for large holders of the tokens - are staying put on their long-term holdings. (Todd Cravens/Unsplash)

Markets

Robinhood Revealed to Be Third-Largest Bitcoin Holder With $3B in BTC

Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period.

Wallets (RitaE/Pixabay)

Tech

Shiba Inu’s Highly Anticipated Shibarium Bridge Is Now 'Fully Functional'

Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update.

Bridge (Alex Azabache/Unsplash)

Tech

Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE

Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week.

Pepe the frog (Studio Incendo/Wikimedia Commons)

Finance

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.

DeFi total value locked, or TVL, has dwindled (DefiLlama)

Finance

Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours

Future cap increases will need to be approved by EigenLayer's multisignatory governance system.

EigenLayer deposits (Dune)

Markets

Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning

“People are withdrawing fast,” said pseudonymous contributor Xeonus.

(Public Domain Dedication/Flickr)

Finance

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Mantle introduced a new governing body for treasury management earlier this month.

(Pixabay)

Tech

Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.

Shiba Inu. (Getty Images)