Bitcoin Daily Transactions Just Hit A New ATH – What’s Driving It?

The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be attributed to something else.

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Bitcoin Whale Activity Declining – Why A Turnaround Is Important

According to the latest on-chain revelation, the Bitcoin network has been experiencing a steady decline in high-value transactions over the last few weeks. This sluggish activity has been mirrored by the price of the premier cryptocurrency, which has struggled to break out of consolidation throughout the month of April.

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Bitcoin's Q1 paradox: Prices up by 69%, but not all good news because...

BTC’s price rose by 69% in Q1. However, during the same period, its blockchain witnessed a decline in activity. User activity on the Bitcoin [BTC] network declined in the first quarter, deThe post Bitcoin's Q1 paradox: Prices up by 69%, but not all good news because... appeared first on AMBCrypto.

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Bitcoin Wallet Activity Dips Despite ETF Approvals

Despite the SEC's approval of 11 Bitcoin ETFs, Bitcoin wallet activity has seen a decline

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Bitcoin: Network activity surges, miners rake in the moolah

Bitcoin's daily transaction count hit an all-time high on 15 September. Despite the jump in fees, miners didn't rush to liquidate their holdings. Bitcoin [BTC] sprung into activity over the The post Bitcoin: Network activity surges, miners rake in the moolah appeared first on AMBCrypto.

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Bitcoin’s Age-Consumed Metric Surges, Pointing Towards Resurgent Network Activity

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Bitcoin: Why Ordinals and Inscriptions attracted new addresses

Bitcoin saw a surge in activity brought on by Inscriptions' and Ordinals' popularity. Miner revenue could see a boost due to increased activity; however, rising difficulty posed a challenge.

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Bitcoin network activity is up, what about BTC?

Bitcoin network activity rebounded, with the potential to reach one million active addresses in June. There was increased interest in Inscriptions, but cautionary signs emerged with declining MThe post Bitcoin network activity is up, what about BTC? appeared first on AMBCrypto.

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Bitcoin network activity rises, positive sign for BTC?

Bitcoin network activity rebounded, with the potential to reach one million active addresses in June. There was increased interest in Inscriptions, but cautionary signs emerged with declining MThe post Bitcoin network activity rises, positive sign for BTC? appeared first on AMBCrypto.

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One Million Individual Wallets Now Hold a Whole Bitcoin

The bump comes as transactional activity on Bitcoin has surged in the past few weeks.

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Bitcoin Sees Massive Decline In On-Chain Activity

Bitcoin on-chain activity had been lit up like a Christmas tree over the weeks leading up to the Ethereum Merge. Even though the upgrade was not taking place on the bitcoin network, it was still significant for the crypto space, which led to increased activity across various networks.

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Bitcoin Whale Activity Hits Levels Last Seen In 2017 — What This Means For BTC Price

Key takeaways Bitcoin whale activity is nearing levels last seen in 2017, CEO of CryptoQuant, Ki Young Ju reveals. His observation is coming after Glassnode noted that Bitcoin on-chain activity was recovering.

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US dominates global Bitcoin hash rate distribution after China crackdown

The U.S. now accounts for more than a third of the total Bitcoin mining activity, with Kazakhstan and Russia also becoming major locations.

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Bitcoin Whales Are Setting New Records Amid Unimpressive Prices

Bitcoin whales are racking up significant activity in the markets in recent weeks. Whale activity in this period exceeds the volume that was set in May when Bitcoin was knee deep in a bullish phase.

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Nigeria to Close Customer Accounts Linked to Bitcoin Activity

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Bitcoin miners are changing this trend. What to expect next?

Bitcoin mining is a fairly simple activity from a first-principles economics pov. All other activity in the network is complementary and based on this principle and if Bitcoin had no one but its commuThe post Bitcoin miners are changing this trend.

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Stablecoin On-Chain Activity Explodes as Bitcoin Breaks $11K

The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau.

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Institutional Traders Highly Active as Importance of Bitcoin’s Rally Grows Clear

Bitcoin’s recent rally has sparked a massive influx of activity from large retail and institutional futures traders This heightened trading activity comes as the crypto reaches a “make or break” price level that could determine how it trends in the weeks and months ahead Bitcoin incurred a notable uptrend yesterday morning that allowed it to climb from lows of $7,100 to highs of $7,800 before it met some resistance and declined back down to its […]

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Bitcoin’s $10,000 Breakout is Backed by a Notable Increase in Investment Activity

According to on-chain investor activity, Bitcoin’s big break above $10,000 is being pushed by a serious increase in demand. Many are doubting Bitcoin’s most-recent push above $10,000, but on-chain metrics show that this might be just the beginning.

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Bitcoin Whale Activity Picked Up Just Before Price Swing, Data

The past four months saw Bitcoin volatility continue to rise, as prices moved between highs above $10,000 and lows near $6,500. But transaction levels also tell a story of sudden activity just before or during active rally phases.

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Exclusive: Greenspan doubles-down on Bitcoin pump origin claims; discounts Wall Street activity as being ‘after the fact’

Bitcoin [BTC] pumped by 15 percent on April 2, leading to a spike in institutional interest. While some have correlated it with Wall Street’s Bitcoin activity, which surged in close proximity to BTC’s rise, others have laid rest to these “insider” rumors.

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Bitcoin Derivatives Exchange Activity Reaches Mid-November Levels Per New Report

Bitcoin Derivatives Exchange Activity Reaches Mid-November Levels As Bitcoin price shoots up to $5k level and further looking to register more gains, the activity on the exchanges is also making records.

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Bitcoin Price Defends $6K as Traders Go Long

Bitcoin's technical charts continue to call a drop below $6,000, yet investor activity indicates a corrective rally could be on the cards.

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FBI Currently Investigating 130 Crypto-Related Cases

The Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.

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Japan Introduces Additional Crypto Regulation to Crack Down on Money Laundering

Japan is a very different country when it comes to cryptocurrency activity. With its open-minded approach and legitimization of Bitcoin, an interesting situation has been created. It now seems officials will subject crypto investors to credit evaluations.

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Bitcoin [BTC] adoption to rise? ING Group survey states increased interest!

A consumer report released by multinational banking and financial services giant ING Group found results of increased interest in Bitcoin [BTC], with interest doubling in the near future. The report was conducted across 13 countries with 15000 respondents.

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China Releases Updated Crypto Index: EOS on Top While Bitcoin Falls Out of Favor

The China Center for Information Industry Development (CCID) released the second iteration of its monthly Global Public Chain Technology Evaluation Index. As part of the Ministry of Industry and Technology Information, the CCID is releasing the monthly reports on behalf of the Chinese government.

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Cryptojacking Running Rampant in Monero [XMR] Community

Research revealed by cyber security company Palo Alto Networks assesses that 5% of all Monero, the privacy coin, has been mined though malware programs.  Palo Alto Networks deployed its Unit 42 to determine that 85% of cryptojacking activity revolves around the cryptocurrency known as Monero.

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Europol Meets Top Crypto Exchanges to Curb Criminal Activity

The Europol is meeting 16 cryptocurrency exchanges, digital wallet providers, and payment processors in a three-day conference in Hague. Beginning Tuesday, the participants will discuss ways to curb criminal activity in the digital currency sector and ways to avoid money laundering using digital coins.

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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars

Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.

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Bithumb Wallet Consolidation Allegedly Causing Bitcoin Network Congestion

A dramatic spike in the Bitcoin network's activity has people wondering whether Bithumb is congesting the blockchain as a result of its recent hack.

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RBI Needs to Clarify Its Anti-Crypto Decision to the Supreme Court In July

India is a very peculiar country when it comes to Bitcoin and other cryptocurrencies. The RBI decided to restrict such activity in the country in April of 2018. However, further research seems to indicate this decision is not based on research or consultation.

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

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Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.

Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.

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