Bitcoin Drops To $20,700 As Miner Outflows Surge

Bitcoin Drops To $20,700 As Miner Outflows Surge

[ad_1] On-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst in a CryptoQuant...
59% of Bitcoin Holders Are Sitting On Profits

59% of Bitcoin Holders Are Sitting On Profits

[ad_1] 59% of Bitcoin holders are profitable as the coin trades above the current Realized Price, which is the cost basis of the average BTC holder, IntoTheblock data on January 19, shows. Parallel on-chain streams show that the realized price of Bitcoin is around...
LUNC Network Upgrade Backed By Major Exchanges

LUNC Network Upgrade Backed By Major Exchanges

[ad_1] Just this January 14th, LUNC just went through its network upgrade that was supported by Binance. The upgrade was due to several developments on-chain. According to its January 1st blog post, it was because the system of LUNC remints tokens that were burnt for...