Activity – DIGIT INFO

Increasing Ethereum network use strengthens the case for ETH price rally to $3K

DIGIT — Fri, 09 Aug 2024 21:00:00 +0000

Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.

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Ethereum price data points to impending rally above $3.4K

DIGIT — Wed, 10 Jul 2024 20:13:47 +0000

Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400.

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3 reasons why Ethereum price is still pinned below $1,900

DIGIT — Thu, 10 Aug 2023 19:04:21 +0000

PayPal’s stablecoin announcement and a handful of Ether ETF applications are bulls’ biggest hopes for a price trend reversal.

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BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert

DIGIT — Tue, 14 Feb 2023 02:45:02 +0000

Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]

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Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

DIGIT — Fri, 13 Jan 2023 17:30:06 +0000

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation indicates that the company now […]

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Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity

DIGIT — Thu, 01 Dec 2022 20:30:46 +0000

According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique active wallets (dUAW) participating in blockchain gaming dropped slightly to 800,875 UAWs in November, […]

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War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports

DIGIT — Sat, 15 Oct 2022 06:30:38 +0000

The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in the global crypto ecosystem. Russians […]

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Tezos transactions and smart contract activity surge on NFT demand

DIGIT — Wed, 02 Feb 2022 05:04:41 +0000

Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity.

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Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

DIGIT — Sun, 12 Sep 2021 11:00:17 +0000

Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of Digital Currency Discussing upcoming changes in the legislation regarding digital currencies in Russia, head […]

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New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin

DIGIT — Thu, 26 Nov 2020 00:15:29 +0000

The hunt for the mysterious Bitcoin inventor, Satoshi Nakamoto continues to this day, as new data-driven research has been recently deployed in order to figure out the creator’s location while he/she or they worked on the network. The researchers analyzed Satoshi’s 539 Bitcointalk posts, 34 emails, 169 code commits, metadata from all the versions of […]

The post New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin appeared first on Bitcoin News.

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