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The Number of Addresses Sending Bitcoin to Exchanges Since January Has Doubled Since The Beginning of the Year

The number of addresses sending BTC to exchanges has doubled from January to now, data from Glassnode reveals. There are now roughly 100 thousand unique addresses that send BTC to exchanges daily which is a remarkable increase following the huge outflow of funds from exchanges earlier in the year. This may be due to an […] дальше »

2020-9-25 11:28


Derivatives Market Propels Exchanges to $2T Trade Volume in Q2

Cryptocurrency derivatives trading exceeded $2 trillion in Q2 of 2020 alone – a 2.6% increase from the previous quarter, and a 165% increase from the previous year. According to the latest data from TokenInsight, new business strategies by emerging exchanges such as Bingbon, XBG, HBTC and Phemex could push that figure even higher in the […] дальше »

2020-8-12 18:50


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Number of Wallet Addresses Holding Confirmed $1 Million in Bitcoin Catapults Past 13,000

At the time of this writing, the number of Bitcoin addresses holding a minimum of $1 million in Bitcoin and more, as shown by data from glassnode, have risen past 13,000. While this increase did not particularly break previous highs, this remains one of Bitcoin’s biggest fundamental achievements for the year. The data from Glassnode […] дальше »

2020-7-12 20:52


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50% of Bitcoin Active Supply Has Not Moved in 1 Year

Bitcoin (BTC) HODLing continues to increase with more ‘coin’ owners seemingly subscribing to the safe-haven asset narrative for the largest cryptocurrency by market capitalization. Tweeting on Monday, Benjamin Celermajer, index manager at crypto analytics firm Coin Metrics, revealed that Bitcoin’s one-year HODL Factor is at an all-time high of above 50%. дальше »

2020-5-27 22:20


Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply

This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »

2020-5-7 17:57


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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million

London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. дальше »

2020-4-30 01:00


Bitmain’s Founder Jihan Wu’s Crypto Startup Seeks $40M at $300M Valuation, A 3x Increase

Bitmain’s spin-off offering crypto trading solutions that was created an year ago is seeking to be valued at $300 million after its latest funding round, CoinDesk reports. Matrixport which was started by Jihan Wu, Bitmain’s co-founder, is expecting to raise $40 million in its upcoming funding round which will see the firm’s value shoot to […] дальше »

2020-3-4 21:29