CoinMetrics

Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-50.jpg” alt width=”1456″ height=”360″></a></div><strong>Crypto analysts are pushing back against the narrative that the current <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by …

Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked Read More »

Privacy Options Underutilized in Cryptocurrency Usage: Report

Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s transactions. Zcash’s privacy feature is significantly underutilized, with less than 2% of transactions fully …

Privacy Options Underutilized in Cryptocurrency Usage: Report Read More »

Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com …

Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop Read More »

Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving

Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected the equivalent of 1,176 BTC in transaction …

Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving Read More »