On-chain data shows the Bitcoin network saw new addresses crop up at the second-highest rate in history during the past weekend. Bitcoin New Addresses Metric Shot Up During This Past Weekend According to data from the market intelligence platform IntoTheBlock,…
Category: Crypto Analysis
Bitcoin Futures Frenzy Fizzles Out As Price Plunges Below $40,000
The crypto market has lost its sparkle lately, with bitcoin futures trading volume drying up as the flagship cryptocurrency struggles to stay afloat. Bitcoin futures open interest, which measures the buzz around upcoming contracts, has dropped to a 5-month low…