Bitcoin On-Chain Activity Bleeds Despite Hashrate Growth

Bitcoin On-Chain Activity Bleeds Despite Hashrate Growth

Bitcoin on-chain activity has been swinging between green and red for a while. This time around, though, after the price of bitcoin had suffered a tremendous loss, the on-chain activity has turned to the downside once more. The decline has cut across the majority of metrics, leading to as large as double-digit declines in some […]


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Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback. 7-Day Average Bitcoin Mining Hashrate Down Over 8% Since All-Time High The “mining hashrate” refers to an indicator that keeps track of the total amount of computing power that miners have currently connected […]