Bitcoin’s average daily transactions over seven days reached a record high yesterday for the first time since December 2017.
According to IntoTheBlock data, the average number of daily transactions over the week starting April 24 was 396,350.
Bitcoin Transactions Hit Peak
Per the blockchain analytical firm, the increased numbers suggested a growing active usage of the blockchain network.
Another blockchain data aggregator Glassnode reported th...
According to dataroma data, Armstrong sold 59,460 shares for $3.46 million in 11 transactions between April 12 and April 26. A breakdown of the sales showed that Armstrong sold 29,730 shares for $1.86 million in six transactions on April 10 before making five further transactions on April 24. Before now, the Coinbase CEO sold 89,196 COIN for $5.8 million in March.
All these sales continue Armstrong’s trend of dumping COIN stocks since November ...
A crypto analyst revealed in a tweet that BTC miner reserves have experienced a major decrease.
Miners sold around $172,060,000 worth of BTC over the last week.
In related news, BTC experienced a price increase of 4.09% over the last day.
The popular crypto analyst and Bitcoin (BTC) fan Ali published a post on Twitter earlier today to share an observation he made about the mining reserves of the crypto market leader. According to the ...
The CFTC recently won a record-breaking $3.4 billion lawsuit.
MTI’s CEO was ordered by a Texas District Court Judge to pay out the sum.
In related news, BTC printed a 24-hour gain according to CoinMarketCap.
The US Commodity Futures Trading Commission (CFTC) recently won a record-breaking $3.4 billion penalty in a lawsuit involving a fraudulent Bitcoin scheme. Texas District Court Judge, Lee Yeakel, ordered the implicated Cornelius ...
The crypto trader Ali recently shared on-chain data from Glassnode via a tweet.
Ali’s post shows that more than 50% of BTC’s supply has remained untouched for 2+ years.
In related news, BTC traders are preparing themselves for this week’s FED interest rate decision.
The crypto trader Ali shared recent data from Glassnode via a tweet this morning. In the tweet, Ali stated that the supply for Bitcoin (BTC) continues to tighten as around...
It was a day that started with something of a bang: the charismatic Alex Mashinsky, former chief executive officer of bankrupt crypto lender Celsius Network under arrest and charged with fraud. In a flurry of enforcement activity, the US Department of Justice, Securities and Exchange Commission, Commodity Futures Trading Commission, and the Federal Trade Commission all filed lawsuits against both Mashinsky and Celsius itself. Allegations against ...
NEW YORK: Sam Bankman-Fried, the co-founder of FTX, told a New York court he was aware that Alameda Research hadn’t taken steps to properly hedge its risk even as he approved billions of dollars of investments before both companies collapsed last year.Assistant US Attorney Danielle Sassoon used Bankman-Fried’s past interviews and other statements to undermine his attempts to distance himself from decisions at the hedge fund, which was affiliated ...
Bhutan’s investment arm and Bitdeer Technologies Group are planning to ramp up their Bitcoin mining operation to help offset the revenue impact of an upcoming event known as the halving. The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware. The planned upgrades will increase the Himalayan kin...
US Bitcoin exchange-traded funds have posted their longest run of daily net outflows since listing at the start of the year, part of a wider retreat from riskier assets in a challenging period for global markets.Investors pulled close to $1.2 billion in total from the group of 12 ETFs over the eight days through Sept. 6, data compiled by Bloomberg show.The drop comes amid a rocky period for shares and commodities on economic growth worries.Mixed ...
The Long Island, New York, man who admitted swindling hundreds of millions of dollars from investors through his EminiFX cryptocurrency and foreign-exchange platform was sentenced to nine years in prison.Eddy Alexandre, who lives in Valley Stream, was sentenced Tuesday by US District Judge John Cronan in Manhattan. Alexandre pleaded guilty in February to commodities fraud and agreed to forfeit $248.8 million he earned illegally through his Ponzi ...
