The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
USDC on exchanges doubled in January while Tethers…
The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether. According to a Feb. 1 report from Glassnode, the amount of USDC on…
USDT Transactions on Tron Surpassed Ethereum Tether Transactions…
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more…
Bitcoin Miners Aren’t Responsible for Recent Price Dips,…
“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative, according to analysts and mining pools themselves. After bitcoin’s correction earlier this week…
As BTC price gets close to $36K, Bitcoin…
The Bitcoin (BTC) price is not the only metric seeing record numbers as the network hash rate has set a new all-time high. According to data from Blockchain.com, the estimated seven-day average Bitcoin hash rate…
Vitalik Buterin Warns Current Crypto Wallets Are Not…
The cofounder of the world’s second-largest cryptocurrency, ethereum, warned about crypto wallet vulnerabilities, claiming the tools are not ready for widespread adoption and encouraged to open more discussions on security matters. Buterin Calls for More…
Market Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum…
The number of billion-dollar spot volume days in the bitcoin market is increasing, pushing prices higher. Ethereum’s transaction fees are also increasing as general cryptocurrency interest fuels demand. Bitcoin (BTC) trading around $18,883 as of…
First Mover: Bitcoin Breaches $16K as (Committed) Holders…
Bitcoin briefly climbed above $16,000 for the first time in three years before quickly falling back below the psychological threshold. Digital-asset market traders and analysts say the cryptocurrency is likely to make another run higher,…
3 Bitcoin On-Chain Trends Show a Macro Bull…
Bitcoin has surged higher over the past 48 hours due to positive fundamental trends. The cryptocurrency, which traded as low as $10,400 just a week ago, now trades for $11,400. Less than a few hours…
Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s…
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now…
Record $113M BUSD stablecoin inflow shows Binance is…
New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week. This means BUSD stablecoin now has the highest potential buying…
Privacy Options Underutilized in Cryptocurrency Usage: Report
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only…
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M…
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day]…
Defcon Speaker Discusses Liberating $300K Worth of Bitcoin…
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual presentations in “safe mode.” One of the presentations was from an executive from Pyrofex, Michael Stay,…
First Mover: After Falling 65% This Year in…
Imagine a future where bitcoin has taken over from the U.S. dollar as the world’s de facto reserve currency. Assuming bitcoin’s notorious price volatility continued to that day, major currencies would be considered volatile assets.…
BTC Averages Over 1 Million Active Addresses as…
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled…
First Mover: Ethereum a Victim of Its Own…
Rising congestion on the Ethereum blockchain has driven up transaction fees tenfold this year to the highest since early 2018. That’s pressuring the network’s developers to speed up crucial upgrades, while possibly creating an opening…
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange…
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number…
Aggregate ERC20 Market Cap Outpaces Valuation of ETH…
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem…
Ethereum Network Fees Jump Above Bitcoin Transaction Fees…
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days,…
These “Dire” On-Chain Metrics Show Bitcoin Is on…
The past few days have seen Bitcoin stagnate into a tight range between $9,300 and $9,500. This is part of a wider two-month consolidation that has seen BTC’s price action tighten under the crucial $10,000…
Could Bitcoin Trading Volume Really 100X in Four…
In its latest report cryptocurrency data provider Coin Metrics predicted that Bitcoin’s daily volume could eclipse that of the U.S equity market, if growth rates are maintained. But how likely is it really? The report…
Exponential Growth: Bitcoin’s Trading Volume Could Rival Major…
Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U.S. equities…
Why Bitcoin Could Be Stronger Than Ever After…
In its latest State of Bitcoin report, Delphi Digital explains that Bitcoin will benefit the most from the pledge made by central banks around the world to do what is needed to keep their economies…
Bitcoin Whales Have Been Buying En-Masse Since Early-2020:…
Unlike traditional assets, where many transactions are hidden, Bitcoin is almost entirely transparent. One may not know who made a transaction or who owns an address, yet people can gain access to data of transactions. It…
Stablecoins Push Ethereum’s Transaction Count to Highest Since…
Ethereum’s network is experiencing its busiest days in 10 months amid increased issuance of stablecoins and the runup to Ethereum 2.0. The seven-day moving average of the total number of confirmed transactions on Ethereum’s blockchain…
There’s a $8 Million Bitcoin Sell Wall That…
The price action over the past few days has undoubtedly been positive for Bitcoin. Case in point: the cryptocurrency ripped over 20% higher from the mid-$7,000s to a price as high as $9,500 over the…