Chainalysis report: $41 billion of transactions were executed on Bitcoin blockchain in 2 months, only $9 billion had real economic value

2018-12-20 22:56

Bitcoin was about to turn the tide and recover its popularity just before the heavy November price nosedive, according to data released Wednesday by researcher Chainalysis. The blockchain investigators from Chainalysis report that Bitcoin’s 30-day moving average of flows to personal wallets was on the rise, surpassing $400 million by Nov. 1 from less than $300 million in June. Then the cold November stepped in and shed $100 billion away from the crypto market.

Key Takeaways

Bloomberg sums up the Chainalysis report with couple of key insights:

The increase was a partial rebound after the flows slowed during the year’s early months from about $900 million in January as Bitcoin itself slumped in value. The new data suggests people were trying to accumulate coins at lower prices, Kim Grauer, an economist at Chainalysis, said in a phone interview.That probably didn’t end well as Bitcoin tumbled 38 percent in November, according to prices tracked by Bloomberg. The researcher hasn’t yet analyzed data for that month. Even before the month began, Bitcoin was down more than 50 percent in 2018. Get More While there are 460 million Bitcoin addresses, only 27 million people or companies currently own Bitcoin, Chainalysis found.And only 20 percent of Bitcoin that moves is exchanged between two parties, according to Chainalysis. So while some $41 billion of transactions were executed between August and October, only $9 billion had real economic value, Chainalysis said.

The post Chainalysis report: $41 billion of transactions were executed on Bitcoin blockchain in 2 months, only $9 billion had real economic value appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97046.13 (-0.48%)
Объем 24H $97.5b
Изменеия 24h: 2.84 %, 7d: 8.96 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1920.102b Rank 1
Цена в час новости $ 4192.45 (2214.78%)

bitcoin chainalysis billion blockchain report value economic

bitcoin chainalysis → Результатов: 46


Chainalysis: 2020 Is The Year of The Institutional Bitcoin Investor

Chainalysis recently released an article titled “Why Bitcoin is Surging and How This Rally Is Different from 2017 (Hint: It’s Who’s Buying).” The blockchain analytics firm referenced Bitcoin’s amazing run of form, in which the leading cryptocurrency has gained 150% in value since the start of 2020. A strong last two months has seen the […]

2020-11-21 15:33


Chainalysis Report: Bitcoin’s Major Use Case is for Speculation

Chainalysis, a U. S. based blockchain intelligence firm’s research revealed that between January and April 2019, only 1. 3 percent of Bitcoin economic transactions were carried out by merchants and as such, speculation remains Bitcoin’s major use case and it has retarded the cryptocurrency’s massive adoption as means of payment, reports Bloomberg on May 31, 2019.

2019-5-31 20:52


Биткоин всё реже используется в качестве платёжного средства

Блокчейн-стартап Chainalysis провёл исследование, в ходе которого обнаружил, что биткоин стал меньше использоваться в электронной коммерции. Согласно исследованию, пик активности пришёлся на сентябрь прошлого года: тогда оборот платёжных процессингов, работающих с биткоином, составлял $411 млн.

2018-8-2 14:11


Фото:

Исследование: $20 млрд в bitcoin навсегда утеряны

Пользователи безвозвратно потеряли доступ к bitcoin в размере $20 млрд, что составляет пятую часть от общего объема токенов. Так считают исследователи блокчейн-стартапа Chainalysis, сообщает Wall Street Journal.

2018-7-9 15:35


Фото:

Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach.

2018-7-7 03:00


Фото:

Треть Bitcoin-монет контролирует 1600 криптовалютных адресов, — исследование Chainalysis

Исследователи из Chainalysis пришли к выводу, что треть Bitcoin-токенов контролирует группа из 1600 кошельков. С декабря 2017 года по апрель 2018 года долгосрочные инвесторы продали Bitcoin на общую сумму в $30 млрд.

2018-6-12 22:55


Фото:

Buy high, sell low: как не надо торговать криптой

Аналитическая компания Chainalysis опубликовала отчет, в котором проанализировала движение активов на крипторынке. Как оказалось, с начала 2018 года долгосрочные инвесторы слили тысячи биткоинов в общем эквиваленте 30 миллиардов долларов.

2018-6-11 16:00

Chainalysis: биткоин-киты контролируют долю рынка в $37,5 млрд

Нью-йоркский блокчейн-стартап Chainalysis в рамках исследования биткоин-кошельков заключил, что группа из 1600 адресов контролирует треть всех монет на рынке на сумму $37,5 млрд. How concentrated is #bitcoin wealth? Our latest research combines money supply analysis and proprietary blockchain data to evaluate the recent $30bn #crypto sell-off, as reported by @FinancialTimes . Read our original post: […]

2018-6-11 14:51