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onchain

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Binance likely updated bitcoin confirmation process, on-chain data reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New on-chain data has picked out activity surrounding Binance’s consolidation transactions. As observed, the latest batch of these transactions has been subjected to a replaced-by-fee (RBF) shift, escalating from 13.5 sats/vb to 56.4 sats/vb.  It is despite these transactions failing to […]
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Stably USD stablecoin enters bitcoin’s on-chain economy

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied To facilitate efficient trading within bitcoin’s (BTC) evolving on-chain economy, crypto startup Stably has introduced Stably USD, a new dollar-backed stablecoin. In a significant development for bitcoin‘s rapidly developing on-chain economy, a new dollar-backed stablecoin named Stably USD has been launched. […]
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Bitcoin on-chain metrics suggest an early bull market

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Developments like the introduction of bitcoin-based smart contracts and other key on-chain metrics suggest the global cryptocurrency market is in the early stages of another bull cycle, according to Bitfinex analysts.  Bitcoin network activity and transaction fees Despite the current decline […]
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Bitcoin on-chain fundamentals stay solid as investors hold tight amid exchange outflows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence. As the world of cryptocurrency continues to evolve, recent data from blockchain analytics firm Glassnode paints an intriguing picture for bitcoin investors. The number of […]
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DappRadar says on-chain blockchain gaming and DeFi activity up in Q1

DappRadar’s decentralized applications (dApps) and DeFi ecosystem report for the first quarter of 2023, shows the leading blockchain gaming chains like Wax, BNBChain, and others saw increased on-chain activity, with the total value locked (TVL) in DeFi protocols also increasing significantly.  Blockchain gaming dApps dominate After attracting more than $320 million in investments during the […]
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