Bitcoin Volatility Index exceeds 100% for the third time in 2022

CryptoSlate Wrapped Daily: More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’ Coinbase reserve declined by 50,000 BTC daily between Nov. 23 and Nov. 27-equating to roughly $3 billion, JP Morgan said that the coming regulation may lead to convergence of crypto and TradFi, and much more in this edition of CryptoSlate … Read more

Mid-cap tokens outperform Bitcoin over past 7 days as BNB hits 6% market dominance

Over the past seven days, mid-cap altcoins have outperformed large-cap and small-cap tokens by some margin compared to Bitcoin. As a result, Bitcoin’s dominance has fallen to 40%  from a high of 45% on Nov. 17. Source: TradingView Projects with a market cap above $1 billion are considered large-cap, while mid-caps are those with a … Read more

35% of Bitcoin core team is from the U.S. as monthly active developers falls in 2022

Bitcoin (BTC) investment firm NYDIG’s report revealed that 35.1% of Bitcoin’s core developer team is residing in the U.S., and the core team grows by 5 to 20 people every month. There have been countless developers who actively took part in updating, maintaining, and enhancing the Bitcoin network since its launch on January 2009.  NYDIG’s … Read more