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...
NEW YORK: The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a market that has largely operated outside regulation.The U.S. Securities and Exchange Commission (SEC) on Monday took aim at Binance, the world's largest cryptocurrency exchange. The SEC accuse...
Bitcoin fell below $26,000 for the first time in two months as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years. “When you throw in what is happening in the bond market, it becomes easy for Bitcoin prices to soften,” Edward Moya, senior market analyst at Oanda, said in a note.The slide has almost erased most of the gains registered in the wake of BlackRock’s surprise fi...
Wall Street may be divided over crypto’s investment credentials but for Bitcoin brethren Thursday delivered validation: The first US exchange-traded funds investing directly in the largest digital currency finally went live. It was a much-anticipated debut that came a day after the US Securities and Exchange Commission gave them the green light following a more than decade-long campaign by the digital-asset industry. The batch of almost a dozen f...
NEW DELHI: Security researchers have successfully cracked a password to recover over $3 million worth of Bitcoin that had been stuck in a crypto wallet for 11 years. The wallet contained 43.6 BTC, which had been held there since 2013.Electrical engineer Joe Grand, also known by his handle ‘Kingpin,’ was hired to hack into the encrypted file containing the Bitcoin.The cryptocurrency was protected by a password created by a random password generato...
Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning. Bitcoin rose past $70,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes from next week’s US election.The largest digital asset climbed about 1% before paring the advance to trade at $69,840 as of 7:23 a.m. on...
