Search results for: #Bitcoin

News | 19 mins ago
2 minutes read
BTC Outflow from Crypto Exchanges Declines

Over the past month, users withdrew about 30,000 BTC worth ~$811 million from crypto exchanges. The reserves of trading platforms have about 2 million BTC. On-chain analytics services record a…

Author: CoinsPaid Media Editor
News | 1 day ago
< 1 minutes read
About 85% of Short-Term BTC Investments Unprofitable

Most short-term BTC holders stated that their investments are unprofitable, with only about 16% of their positions being profitable over the past month, the latest market analysis reveals. Glassnode analysts…

Author: CoinsPaid Media Editor
Bitcoin | 2 days ago
3 minutes read
Can Bitcoin Go Completely Devalued? 

Bitcoin is the largest cryptocurrency. According to TradingView, Bitcoin’s dominance as of mid-September 2023 is approximately 50%. Bitcoin’s cap at the time of writing exceeds $502 billion with a total…

Author: CoinsPaid Media Editor
News | 2 weeks ago
< 1 minutes read
Half of Crypto Users Prefer Bitcoin

A recent study shows that the total number of cryptocurrency users in the world amounts to 425 million people. Approximately 210 million of them own BTC, with about 40,500 being…

Author: CoinsPaid Media Editor
News | 3 weeks ago
< 1 minutes read
Over 20% of Bitcoin Hash Rate Provided by Chinese Miners

Researchers from Cambridge have revised the methodology and updated the data of their index of power consumption by the Bitcoin network. According to the updated information, miners from China still…

Author: CoinsPaid Media Editor
News | 4 weeks ago
< 1 minutes read
New Tool for Analyzing Bitcoin’s Fundamentals Developed

ARK Invest and Glassnode have unveiled a new system for measuring the fundamentals of the first cryptocurrency to analyze the real economic weight of each BTC on the Bitcoin network….

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
Cryptocurrencies Could Exacerbate Financial Risks

Central banks’ reps in several developing countries warned of the risks associated with the use of cryptocurrencies, emphasizing that a complete ban on digital assets would only make matters worse….

Author: CoinsPaid Media Editor
News | 1 month ago
2 minutes read
Ordinals Generate 85% of Bitcoin Activity Despite Double-Digit Decline in Trading Volume

Since May 2023, the trading volume of Bitcoin Ordinals has fallen by more than 97%. Nevertheless, users still generate the majority of activity on the first cryptocurrency’s network, with the…

Author: CoinsPaid Media Editor
News | 1 month ago
2 minutes read
Crypto Usage in iGaming Grew by 83% 

In H1 2023, the use of cryptocurrencies in iGaming projects increased considerably. They make up about a third of the total betting volume. BTC remains the most popular asset for…

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Bitcoin Grew Despite Decline in Spot Trading on CEXs and DEXs

In Q2 2023, the cryptocurrency market witnessed a rise in Bitcoin, a drop in trading volumes of cryptocurrencies and NFTs, a decrease in the money supply of stablecoins, and other…

Author: CoinsPaid Media Editor