For instance, it is possible to look at the active addresses on a blockchain network and observe when there is a sharp increase or decrease. For all we know, it could be the same person making blockchain transactions and using different addresses every time. That’s why investors should look deeper and factor in all these metrics, not only blockchain activity.
A study published by the University of Chicago’s National Opinion Research Center (NORC) shows that most cryptocurrency traders are below the age of forty. We note crypto has seen the most strength this year during U.S. trading hours, though this trend has reversed in recent weeks. BTC volumes rose after the U.S. elections and remain elevated; average BTC volumes in 2024 are ~85% higher than those of 2023, and we expect these averages to continue trending higher in 2025.
Ethena has also launched a reserve-backed stablecoin called USDtb, seen as a reserve asset for USDe. In other news, USDC’s Circle and centralized exchange Binance have entered a strategic partnership, with Binance adopting USDC as a vital reserve-backed stablecoin for its own corporate treasury. Both these developments pose a risk to Tether’s dominance as other stablecoins become more widely adopted and new innovations are launched. We largely see stablecoin market diversification as a positive, as it should lessen the potential for systemic risks from a specific issuer.
Payment coins that rise by 10,000% or more usually lose 90% or more of their value in the years that follow, with a few notable exceptions (like Bitcoin). If you want to buy a particular cryptocurrency but don’t know how to do it, CoinCodex is a great resource to help you out. Find the cryptocurrency you’re looking for on CoinCodex and click the “Exchanges” tab. There, you will be able to find a list of all the exchanges where the selected cryptocurrency is traded. Once you find the exchange that suits you best, you can register an account and buy the cryptocurrency there.
This assumption ignores the many factors that affect a coin’s price. You can find historical crypto market cap and crypto price data on CoinCodex, a comprehensive platform for crypto charts and prices. After you find the cryptocurrency you’re interested in on CoinCodex, such as Bitcoin, head over to the “Historical” tab and you will be able to access a full overview of the coin’s price history. For any given coin, you will be able to select a custom time period, data frequency, and currency.
