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As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million […]Powered by WPeMatico
Before the move, the hacker apparently refunded at least one victim, leading to a slew of on-chain messages from other purported victims.
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Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.
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BTC price is showing slight bullish momentum, leading on-chain analysts to present potentially bearish and bullish data-based scenarios.
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While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish.
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The current speculative trend and Ethereum’s price premium suggest that the altcoin’s price could more than double over the next 7 weeks.
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Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.
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Bitcoin deposits into exchanges have become a popular on-chain data point but some say this metric can be misleading.
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ILCoin Blockchain Project set a new record for stable block size – when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively solves the scalability issue of blockchain networks, increases the potential for global adoption of DLT, and also forms a technological base for creating an economically efficient on-chain data storage.
The post ILCoin Launches With 5GB Blocks appeared first on Bitcoin News.
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