News with the tag "Declining"

Shiba Inu (SHIB) holders are facing a tough period, as on-chain data reveals only 53% of investors are currently in profit, while 43% are incurring losses. Profitability metrics highlight the challenging market dynamics and uncertain trajectory of the meme coin. Declining Whale Activity One of the m...

Declining BTC Reserves on Exchanges Indicate New Investor Influx A recent analysis by CryptoQuant contributor BaroVirtual highlights a steady decline in Bitcoin (BTC) reserves on centralized exchanges (CEXes). This trend points to increased accumulation by new investors who view the current price le...

Ethereum gas fees have reached a five-year low, influenced by increased Layer 2 activity and the Dencun upgrade. The decrease in gas fees means less ETH is burned, leading to a consistent increase in the total supply of ETH since April. According to Kaiko, Ethereum has recently hit its five-year min...

Russian President Vladimir Putin has discussed the end of the U.S. dollar dominance, claiming that Russia has nothing to do with the USD’s downfall. “We have never had and do not have the goal of de-dollarization,” Putin also stressed, highlighting global trends that could lead to the end of the U.S...

According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19% compared to the previous month. Stablecoin Economy Sli...

Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well as Ir...