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Bitcoin On-Chain Demand Rising, But Slower Than In Previous Cycles

On-chain data shows demand for Bitcoin has been returning recently, but the rise has been slower than what previous cycles saw at a similar stage. Bitcoin Active Addresses Haven’t Grown Much Recently As pointed out by an analyst in a CryptoQuant post, the market activity rapidly changed after the bottom formed during the previous cycles. […] дальше »

2023-2-25 19:00


Bitcoin NFT Ordinals Boosts Taproot Adoption By 1,000% In Q1 2023

The rise of Bitcoin NFT Ordinals is one of the fascinating developments on the leading blockchain in 2023. This has correlated with an increase in the adoption of Taproot to process transactions.   Driving Taproot Adoption On The Bitcoin Network Data from Dune Analytics shows that Taproot adoption has gone from being used in less than 2% of all Bitcoin transactions to reaching a peak of 9. дальше »

2023-2-12 12:51