Binance has experienced a significant outflow of assets in the past two months, a recent report from Forbes found.Forbes analysts dove deep into Binance’s wallets and found that the exchange saw around $12 billion of outflows since November.Aside from the massive outflows, the report finds the discrepancy between reports of Binance’s holdings troubling. A lack of
Why Does an ASIC Miner Value Change Over Time?ASIC miners are bought and sold in a marketplace just like any other asset. The price of an ASIC miner responds almost instantaneously to the same supply and demand relationship of all assets of value and utility. There are however a few additional unique influences that affect
Bitcoin (BTC) might be worth more than Ethereum (ETH), but available Glassnode data, as analyzed by CryptoSlate, shows that ETH’s peak dominance has outperformed BTC’s in the last two years.Glassnode’s BTC-ETH Market Dominance metric is an oscillator that tracks the macro performance trends for the top two cryptocurrencies. The market cap dominance discounts lost and
