Bitcoin Network Shows Split: Active Users Fall, While Volume Surges 8%
On-chain data shows Bitcoin network metrics have diverged recently, with active addresses falling even as transaction volume shoots up. Bitcoin Activity Metrics Are Showing A Mixed Picture In its latest Market Pulse report, on-chain analytics firm Glassnode has talked about how a few different activity-related Bitcoin indicators have changed during the past week. The first […]
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It is no secret that Cardano remains the network with active developments going on at any point in time. This has now transferred over to the decentralized finance (DeFi) side of things where developers continue to flock onto the network. The result of this has been a surge in the volume being transacted on the […]
On-chain data shows activity on the XRP network has registered a large spike over the past week as volatility has engulfed the market. XRP Active Addresses & Volume Have Shot Up Recently In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Active Addresses of XRP. The “Active […]
On-chain data shows that some activity metrics related to Polygon have surged recently, which could be positive for the asset’s price. Polygon Active Addresses & Age Consumed Have Spiked Recently In a new post on X, the on-chain analytics firm Santiment discussed the latest trend in two MATIC indicators. The first is the “Daily Active Addresses,” which tracks the total number of addresses participating in some kind of transaction activity on the network every day. The unique number of active addresses can be considered the same as the unique number of users participating....
Data shows the Bitcoin trading volume now seems to be stabilizing at higher values than 2022’s average, but given the trend in the metric this year so far, it may not last too long. 7-Day Average Bitcoin Trading Volume Has Remained Fixed Around $5 Billion Recently According to the latest weekly report from Arcane Research, after staying at low values for much of 2022, the BTC trading volume looks to have found some ground at high values recently. The “daily trading volume” is an indicator that measures the total amount of Bitcoin being transacted on the blockchain on any....
The DAO is being attacked for some hours, according to Griff Green, a spokesperson for Slockit. In an ongoing emergency situation currently developing Griff Green, a spokesperson for Slockit, has put out an emergency alert. He asked anyone who has a DAO split open, especially Congo Split, to message him at the Dao slack. It is not clear what is developing, but the dao is currently being drained of Ether with the balance falling below 9 million ether from 12 million raised and continuing to fall. Griff Green stated: “The DAO is being attacked. It has been going on for 3-4 hours, it is....