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Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
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US Takes Regulatory Steps for Blockchain Technology Adoption
To remain its leading position in the financial sector, the U.S. is moving towards blockchain adoption
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Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH
In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC […]
The post Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH appeared first on Bitcoin News.
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Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses
Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. Also Read: Chinese Report Finds 9 in 10 […]
The post Markets Update: ETH Hits 14-Month Low Amid Heavy Altcoin Losses appeared first on Bitcoin News.
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P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume
According to Coin.dance, the first week of September has comprised the weakest on record for global peer-to-peer (P2P) trade volume on Localbitcoins. The considerable lull in trading activity appears to have pervaded across the vast majority of Localbitcoins markets, with only half a dozen national markets posting volume that is comparable to the trading activity […]
The post P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume appeared first on Bitcoin News.
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Two Norwegian Miners Scrutinized for Low Taxable Incomes
Two Norwegian cryptocurrency miners have garnered national media attention after declaring taxable incomes of less than $20,000 USD despite having admitted to owning at least 34 bitcoins during December of last year. Also Read: GPU Manufacturing Giant Nvidia Leaves Crypto Mining Reported Incomes of Two Norwegian Crypto Miners Subject of National Scrutiny Twenty-two-year-old cryptocurrency miners from […]
The post Two Norwegian Miners Scrutinized for Low Taxable Incomes appeared first on Bitcoin News.
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BTC Transaction Volume Reaches Two-Year Low
The seven-day average for the number of daily bitcoin transactions has reached a two-year low, recently dropping below 160,000 for the first time since March 2016. The lull in transactions coincides with the weekly volume of bitcoins exchanged through peer-to-peer (P2P) trading volume on Localbitcoins recently dipping below 6,000 for the first time since February […]
The post BTC Transaction Volume Reaches Two-Year Low appeared first on Bitcoin News.
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