A new study from the University of Georgia (UGA) has found that social media users are more likely to invest in crypto. The research concluded that engagement on platforms like YouTube, Reddit, and X increases the likelihood of investing in digital currencies. Social Media’s Influence on Crypto Investments The UGA review found that approximately half of...Read More
Analysts at the crypto analytics platform CryptoQuant have released a Tron network review, outlining how the ecosystem grew from a Tether (USDT) “powerhouse” to a decentralized finance (DeFi) hub in 2024. According to the report shared with CryptoPotato, Tron experienced the diversification of its on-chain activity, evolving from just a network with dominant USDT activity...Read More
A significant market correction hit cryptocurrencies which eliminated billions of funds or damaged market trust. The total amount lost exceeded $2.24 billion in just one day on February 3. Reports from Bybit’s CEO showed overall losses near $10 billion. The decline became worse because of economic worries which included a possible trade conflict started by...Read More
The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged 15% since its November 2024 record high. According...Read More
Following the solid end in January, the spot Bitcoin ETFs have shown some mixed reactions to the macroeconomic uncertainty that started with US President Trump’s tariffs. In contrast, the Ethereum ETFs have enjoyed the past week by registering more net inflows than their BTC counterparts for the first time. Ethereum ETFs See Substantial Demand Recall...Read More
Next week is important for the crypto market because a few major events are happening. These include the release of the CPI and PPI data, speeches from important Federal Reserve officials, and testimony from Jerome Powell, which could all influence the direction of the crypto market in the coming week. Jobs Report and Tariff Concerns...Read More
The research arm of the world’s largest crypto exchange, Binance, has released a report highlighting insights for the digital asset market in January 2025. It outlined how the crypto market reacted to several factors, including United States policy narratives, in the first few weeks of the year. According to Binance Research, early January saw the...Read More
