Bitcoin’s active address volatility highlights user engagement beyond price cycles
Onchain HighlightsDEFINITION: The number of unique addresses that were active in the network either as a sender or receiver. ...
Tag: Bitcoins
Is Bitcoin’s Downturn Far From Over?
The world’s largest cryptocurrency by market capitalization has recently experienced a significant downturn, falling below the $59,000 price mark. ...
Bitcoin’s hash rate stabilizes at historic highs post-halving, signaling strong miner confidence
Onchain HighlightsDEFINITION: The average estimated number of hashes per second produced by the miners in the network.Bitcoin’s mean hash ...
Bitcoin’s climb above $60k causes futures open interest to surge $2B in a day
Bitcoin’s breakout above $60,000 seems to have triggered a new spark of optimism among traders. The market has been ...
Bitcoin’s crash wipes out $5 billion in futures OI but options remain stable
This week’s crash has led to some of the highest losses we’ve seen since the collapse of FTX, wiping ...
Bitcoin’s 12-month dormant supply has fallen to 66% from 70% at the start of 2024
Onchain HighlightsDEFINITION: The percent of circulating supply that has not moved in at least 1 year.Bitcoin’s supply last active ...