Tag: Spikes

BRC-20 Meme Coins Frenzy Spikes Bitcoin Network Fees

BRC-20 Meme Coins Frenzy Spikes Bitcoin Network Fees

The recent switch from meme coins to the BRC-20 standard has changed Bitcoin’s network fees. More emerging meme coins flock to BTC’s BRC-20 standard as more coins emerge. Notably, the hype and frenzy over meme coins has risen due to the impressive performance of Pepe Read More

Bitcoin Miners Party As Revenue Spikes To Historical Levels

Bitcoin Miners Party As Revenue Spikes To Historical Levels

On-chain data shows that Bitcoin miners are making 12.4% of their income from fees after transaction counts reached an all-time high. Bitcoin miner revenue share of transaction fees has increased recently According to data from on-chain analytics firm glassnodeonly 254 trading days in the entire Read More

Bitcoin Trading Volume Spikes, Altcoin Interest Stays Low

Bitcoin Trading Volume Spikes, Altcoin Interest Stays Low

On-chain data shows that Bitcoin trading volume has been increasing, while interest around altcoins has remained low recently. Bitcoin trading volume recently crossed the $30 billion mark According to data from on-chain analytics firm Holy, altcoins are now attracting lower and lower interest rates as Read More

Bitcoin Retail Buying Spikes, Adoption Accelerating?

Bitcoin Retail Buying Spikes, Adoption Accelerating?

On-chain data shows that Bitcoin retail investors have been aggressively buying the asset recently, a sign that adoption could accelerate. Bitcoin Shrimps have been accumulating aggressively lately According to data from on-chain analytics firm glassnodeonly 116 days in the entire history of the cryptocurrency have Read More