Bitcoin OG activity doubles as 1,500 BTC moves

Bitcoin holders whose coins have remained dormant for more than five years have doubled their spending activity since May, pushing the cohorts 90-day average to about 1,500 BTC.  SummaryFive-year Bitcoin holders 90-day spent-output average has climbed to approximately 1,500 BTC.Activity has doubled from its May level as Bitcoin continues to trade within a tight range.Spent UTXOs show that old coins moved, but they do not confirm sales.Coldcard-related security concerns may account for part of the increased wallet activity.  Bitcoin OG activity doubles from May levels  CryptoQuant analyst Darkfost reported that activity among Bitcoins oldest holders has increased during the latest period of price consolidation. The analyst defines the group as investors whose coins had remained unspent for more than five years before moving onchain.  The 90-day moving average of spent outputs from the cohort has reached about 1,500 BTC, twice the level recorded in May, according to Darkfost. A moving average smooths daily changes, making it less sensitive to isolated transfers from a few large wallets.  At 1,500 BTC, the current average is also about 56% above the 962 BTC reported on June 24. At the time, the reading had fallen below 1,000 BTC for the first time since November 2024, indicating that activity from

09-05انڈسٹری

Robinhood Chain daily fees hit record $6 million

Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity.  SummaryRobinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue.Seven-day revenue reached $20.33 million, equal to an annualized rate of roughly $1.06 billion.GMGN and Pons have become two of the largest application-level revenue sources on the network.Robinhood Chain recorded $1.71 billion in decentralized exchange volume over the latest 24 hours.  Robinhood Chain daily fees reach $6.04 million  DefiLlama data showed Robinhood Chain collecting $6.04 million in transaction fees over the latest 24-hour period, exceeding the previous level of about $4.6 million and setting a record for the network.  After deducting Ethereum settlement expenses and Robinhood Chains fee-sharing obligations to the Arbitrum ecosystem, the network retained approximately $5.44 million as chain revenue. Fees refer to the total amount users paid, while revenue measures the portion kept by the network after associated costs and allocations.  Robinhood Chain generated $20.33 million in revenue during the latest seven-day period, according to the same dashboard. Maintaining that rate for a full year would produce approximately $1.06 billion, commonly rounded to $1.1 billion.  You might also like:  Pendle launches

09-05انڈسٹری

Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights

Social media crypto drama is heating up again. The latest spat is between Robinhood and the once Prince of Meme Stocks AMC.  Related Company Robinhood American financial services company  Robinhoods top legal officer rejected AMC Entertainment CEO Adam Arons demand to stop trading an AMC-linked Stock Token, and Robinhood CEO Vlad Tenev said the company stands behind the product.  The dispute centers on a basic distinction. Robinhoods instrument follows the economics of AMC shares, while its holders own debt issued by a Robinhood affiliate and receive no ownership rights in AMC.  Dan Gallagher, Robinhoods chief legal, compliance, and corporate affairs officer, said the company would not “DECIST,” echoing the misspelling in Arons demand, and told AMC to send its lawyers. Tenev followed by saying, “We stand behind Stock Tokens.”  Aron first said AMC had no connection to the token and that the cinema operators outside securities counsel would examine it. After Tenev asked, “Whats the concern?” Aron listed several objections. He argued that the product could blur the line between economic exposure and share ownership, separate trading activity from AMCs capital-raising process, and deny token holders the rights attached to AMC shares. He also said AMC would take the matter to the Securities and Exchange

09-05انڈسٹری

Bitcoin, Ethereum ETFs draw $1.2B in weekly inflows

U.S. spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.20 billion during the trading week ending Sept. 4, with Bitcoin products accounting for more than 80% of the total.  SummarySpot Bitcoin ETFs recorded $986.7 million in weekly net inflows.Ethereum ETFs added $215.3 million, down sharply from the previous week.BlackRocks Bitcoin funds attracted $691.5 million across the five sessions.The largest combined inflows arrived on Sept. 3 as crypto prices rebounded.  Bitcoin ETF inflows approach $1 billion  According to data from Farside Investors, U.S. spot Bitcoin ETFs recorded $986.7 million in net inflows between Aug. 31 and Sept. 4. The weekly intake increased about 6.7% from the $924.5 million added during the previous five trading sessions.  The funds opened the week with $216.7 million in net inflows on Aug. 31 before recording $236.5 million in withdrawals on Sept. 1. Demand returned over the following three sessions, producing inflows of $101.1 million, $730.8 million, and $174.6 million.  Sept. 3 accounted for roughly 74% of the entire weekly total. BlackRock‘s spot Bitcoin products attracted $454 million that day, while ARK Invest and 21Shares’ ARKB added $137.7 million. Fidelity‘s FBTC and Grayscale’s Bitcoin Mini Trust recorded $74.4 million and $48.8 million, respectively.  You might also like:  U.S. Bitcoin ETFs draw $731

09-05انڈسٹری

Analyzing how Cardano's latest flag breakout attempt targeted $0.29

Cardano (ADA) has spent most of this year consolidating within a flag formation, keeping its broader price structure compressed across the period.  A few weeks ago on 22nd August, an attempt was made by the bulls to break out of the formation. However, it was not successful. Instead, the altcoins price returned to the trading range.  However, the buying activity has been more intense this time. Since its recent rebound from the 100-day EMA at around $0.19 five days ago, ADA bulls have been pushing with intent. In fact, for most of the last 24 hours, ADA recorded gains of over 10%. This, before the altcoin retraced on the charts again.  In any case, the latest move brings the flag into focus again. A breakout above its upper bound will set the path towards the next resistance at $0.29.  Source: TradingViewFunding rates point to growing buyer interest  At the same time, there have also been some signs of greater demand on the derivatives market. According to Santiment, ADA has recorded six consecutive days of positive funding rates. This implied that those with long positions may be paying the shorts to hold onto them.  The positive funding rate could facilitate ADAs price action more if it is

09-05انڈسٹری

Pons vs Pump.fun: the launchpad war nobody expected

A memecoin launchpad on Robinhood Chain is quietly outearning Solanas biggest token factory. The fees are real, the volume is accelerating, and the gap is widening every day.  SummaryPons has outearned Pump.fun in daily fees every day since Aug. 29, hitting $4.89M on Aug. 31 alone against a chain where gas costs users nothing.The platform has processed $4B in cumulative volume with more than 10,000 token deployments per day, a pace that took Pump.fun months longer to reach.Creators on Pons have earned over $25M in cumulative fees through a 1% trading fee split that sends roughly 70% back to token deployers.The PONS token surged from $0.078 on Aug. 24 to $0.43 by Sept. 1, an 18,000% gain since July that pushed its market cap past $307M.Uniswap Labs purchased PONS tokens “for long-term alignment” and launched pools.trade on Robinhood Chain on Aug. 5, adding direct competition on the same network.  A memecoin launchpad nobody outside of onchain circles talks about is printing more revenue than the protocol that defined the category. Pons, the dominant token factory on Robinhood Chain, has beaten Pump.fun in daily fees every single day since Aug. 29. On Aug. 31, it pulled in $4.89M. Pump.fun, running on Solana where

09-05انڈسٹری

Wall Street is turning AIs massive electricity appetite into a $61 billion bond market

Every interaction with AI uses electricity in a data center. Servers calculate the answer, cooling equipment carries away the heat, and network connections send the result back to the user.  Multiply that process across millions of requests and the electric bill becomes one of the facilitys highest costs, while access to enough power determines how much computing the building can support and how much money it can earn.  Wall Street is now packaging that income into bonds. Once a data center is open and has paying customers, its owner can transfer the facility and its contracts to a separate legal entity that issues debt. Investors are repaid from the rent and service fees paid by the data centers customers after expenses such as electricity, maintenance, taxes, and insurance are covered.  The collateral extends beyond rent, covering the property, its essential systems, customer agreements, and the business that keeps everything running. Electricity appears as an expense in the cash-flow waterfall, so power prices and deliverable megawatts can shape the bond almost as much as tenant credit.  In February, Ss $475 million 2026-1 notes, backed by real estate and tenant lease payments. Across the sector, outstanding data-center securitizations expanded from roughly $4 billion in 2020 to

09-05انڈسٹری

XRP Ledger has fewer active accounts than last year, but bigger trades and more value

The $XRP Ledger had fewer active accounts in the second quarter than it did a year earlier, but the accounts still trading on its main exchange were moving almost three times as much $XRP.  Order-book trading averaged 3.57 million $XRP a day during the quarter, up 79% from a year earlier. At the same time, the number of accounts initiating those trades fell to about 1,100 a day from more than 1,860.  That worked out to roughly 3,200 $XRP traded per account each day, against about 1,070 a year earlier, Evernorth, the $XRP treasury company preparing to list on Nasdaq, shared in a quarterly report with CoinDesk.  An account is not necessarily one person. A trading firm can use several, while an individual can do the same. The data therefore cannot show whether institutions are replacing retail traders — but indicates $XRP is being traded by a smaller group of active accounts.  The number of assets $XRP changed hands against on the order book fell to about 319 a day from 480, down 18% on the year and the lowest in the six quarters the report covers.  $XRP trading is concentrating into fewer accounts. (Shaurya Malwa/CoinDesk)  The order book also took a larger share of activity

09-05

Gold and Silver Price Analysis Tracks Selloff After Strong August Jobs Data

The gold and silver price analysis indicated a repricing following the stronger-than-expected US employment data.  Spot gold fell 1.1% to $4,422.91 after touching $4,364.99. Silver fell, and cryptocurrencies tumbled.  Employers in the U.S. created 162,000 new positions in August, well above expectations of 56,000. The unemployment rate remained at 4.1% while average hourly earnings increased 0.3%. The report caused the dollar to rise and Treasury yields to tick up, dampening demand for assets with no interest income.  Gold and Silver Price Analysis Tracks the Shock  Ian Cooper attributes the sell-off to the strong payrolls report. The resilient jobs uptick raised the chances of another Fed rate hike, he says. The higher the rate, the more expensive the holding gold will be, but inflation and geopolitical demand may change that.  Coopers daily gold chart shows that the price is now approaching $4,423 after dropping. Source: Ian Via X  The candle has bounced from the $4,381 support zone, and it is recovering. This rebound indicates that buyers are buying down to $4,400 or below, but the price loss from the report has yet to be reversed.  Analyst Reports a 15-Minute Drop  In less than 15 minutes, $790 billion vanished from the value of gold and silver, sending the crypto industry

09-05انڈسٹری

Cardano Price Prediction: ADA Holds $0.19 Support as $0.24 Breakout Could Open a Larger Recovery

Cardano (ADA) is holding above the key $0.19 support as improving momentum and a potential breakout above $0.24 keep the path towards a larger recovery open.  Cardano price is showing fresh signs of strength after holding the key $0.19 support and recovering towards $0.21. With momentum improving and a new four-hour buy signal confirmed, traders are now watching whether ADA price can break above $0.24 and turn this early bounce into a much larger recovery.  ADA Holds the 0.786 Fibonacci Support  Cardanos latest recovery began after the price defended the 0.786 Fibonacci retracement area near the high-$0.18 to $0.19 region. The bounce has taken ADA back towards $0.20-$0.21, but the market still needs to reclaim nearby resistance before the move becomes more convincing.  The Moon Show highlights roughly $0.205 as the first level bulls need to take back. A sustained move above this area would strengthen the recovery structure and shift attention towards the 0.618 retracement zone before the broader resistance around $0.22-$0.24 becomes relevant.  The importance of the 0.786 level is that it represents one of the final deeper retracement areas before the previous impulse structure would begin to look significantly weaker. As long as ADA continues holding around $0.19, the current bounce remains

09-05انڈسٹری
1
...
241243
...
1000