On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals

Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements are not significant compared to previous episodes or average daily outflows Bitcoin saw even less withdrawals, negligible amounts withdrawn from each exchange Coinbase’s lawsuit presents […] The post On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals appeared first on CoinJournal. дальше »

2023-6-9 10:36

Why are Bitcoin transaction fees rising, and what are BRC-20 tokens?

Key Takeaways BRC-20 tokens were launched on Bitcoin in March 2023 Transaction fees spiked to all-time highs in May 2023 as network activity spiked Bringing memes and NFTs to Bitcoin has caused controversy Some argue the rising fees are vital to the security of the network, while others scoff at the activity for getting away […] The post Why are Bitcoin transaction fees rising, and what are BRC-20 tokens? appeared first on CoinJournal. дальше »

2023-5-24 17:28

Least amount of Bitcoin on exchanges since the previous bull market top in December 2017

Key Takeaways The balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017  Meanwhile, long-term investors continue to hold, soaking up the supply Coins that have not been touched in 10 years now outnumber those held on exchanges  I wrote a piece last week on the exodus of […] The post Least amount of Bitcoin on exchanges since the previous bull market top in December 2017 appeared first on CoinJournal. дальше »

2023-4-4 16:53

17 straight days of positive realised profit for Bitcoin, the longest streak in a year

On-chain profit metrics have picked up as the Bitcoin price has risen Net realised profits have been positive for 17 days, the longest streak in a year 74% of the Bitcoin supply is in profit, three months after it dipped below 50% after FTX collapsed and the Bitcoin price fell towards $15,000 Volatility has picked […] The post 17 straight days of positive realised profit for Bitcoin, the longest streak in a year appeared first on CoinJournal. дальше »

2023-3-30 20:15