Tags : high

Bitcoin

This crucial Bitcoin metric reached a high. But traders don’t

Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed. $BTC spot exchanges outflow transaction count hits a year high View chart👉https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ — CryptoQuant.com (@cryptoquant_com) July 6, 2021 As the network re-adjusted its difficulty, Bitcoin mining saw a sharp […]Read More

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Cryptocurrency

Kyber Network (KNC) launches new market maker protocol with high

Blockchain-based liquidity protocol Kyber Network announced the release of the world’s first Dynamic Market Maker (DMM). The newest feature is designed for liquidity providers to optimize fees, maximize earnings, and enable high capital efficiency.  Following extensive research into the benefits of DMMs over automated market makers (AMMs), Loi Luu, co-founder of Kyber Network, concluded that […]Read More

Bitcoin

Number of Addresses Holding Bitcoin Hits New All-Time High

There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode.  This […]Read More

Bitcoin

Stimulus Checks Arrive: Is Bitcoin Set to Hit Another Record

US retail traders are gearing up to put billions of dollars into the bitcoin market when stimulus payments begin entering bank accounts later this week, adding more speed to a trading frenzy that swept the cryptocurrency industry last year. Small investors are likely to buy almost $40 billion worth of bitcoin and rival cryptocurrencies when […]Read More