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By The Numbers: How Have Inscriptions Affected Bitcoin Blocksize?

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Bitcoin Inscriptions have increased the average size of the cryptocurrency’s blocks; here’s how this could impact the blockchain.

Impact Of Inscriptions On The Bitcoin Blocksize

Very recently, “Inscriptions” have emerged on the Bitcoin network, basically an application of the BTC blockchain similar to non-fungible tokens (NFTs), but not the same.

Unlike NFTs on other blockchains like Ethereum, these Inscriptions are directly inscribed on the Bitcoin blockchain (hence the name). Inscriptions can be data, images, audio, video, or even software.  Read more...

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By The Numbers: Comparing Bitcoin Volatility With Nasdaq And S&P500

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Data shows Bitcoin’s monthly volatility has been lesser than both Nasdaq and S&P 500 recently, here are their numbers compared.

Bitcoin 30-Day Volatility Has Plunged Down To Just 1.4% In Recent Days

As per the latest weekly report from Arcane Research, the US equities having a higher 30-day volatility than BTC has only happened twice since the year 2017.

The “volatility” is an indicator that measures how the price of an asset (like Bitcoin) has differed in day-to-day returns over a period of time.

While this timespan can be however long, the relevant period in the discussion here involves the last thirty days.  Read more...

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By The Numbers: Crypto Winter Mergers And Acquisitions

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Crypto mergers and acquisitions are up significantly in the last 2 years, and the exchanges have been leading the charge in this regard. These crypto exchanges have taken to buying out the competition in a bid to not only expand their operations but to stay one step ahead of their competitors. This has led to a buying spree in the market that has not slowed despite the bear market. 

Crypto Exchanges Take The Lead  Read more...

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By The Numbers: How Much Ripple Has Spend Fighting The SEC

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In an interview with Ryan Selkis, founder of Messari Crypto, the CEO of payment company Ripple Brad Garlinghouse talked about XRP and its legal battle with a U.S. regulator. The interview took place at Mainnet 2022, an event organized by the on-chain research company.

In late 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and Garlinghouse for the alleged offering of an unregistered security. During the interview, Garlinghouse tried to talk about some of the facts that might have led to the lawsuit, while giving his take on the regulator’s approach.  Read more...

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By the Numbers: The Signs Bitcoin Miners Are Done Selling

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Selling pressure had been mounting on public bitcoin miners over the last couple of months. This was a direct result of the decline in the price of the digital asset, which saw the cash flow for bitcoin miners plummet significantly. It came out to an over 60% decline in profitability, and given that miners continue to incur ongoing expenses, they had to look towards their bitcoin holdings for cash flow, which led to a massive selling trend.

Bitcoin Miners Offload Coins  Read more...

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By The Numbers: The $1.2 Billion Hole In Celsius’ Balance Sheet

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Celsius Network had its first limited withdrawals back on June 13th, and it had taken about one month from that point for the company to finally come forward and file for bankruptcy. It put an end to the speculation in the market regarding the solvency of the company. In the end, the Chapter 11 bankruptcy confirmed information that had been circulating on the internet for more than a month, and that is the $ 1.2 billion hold on the platform’s balance sheet.  Read more...

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UK Telecom Regulator Receives £700,000 Blockchain Grant for Managing Phone Numbers

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UK national telecoms regulator Ofcom has received £700,000 ($ 912,000) to explore blockchain solutions in UK landline telephone management. The grant was issued by the Department of Business, Energy, and Industrial Strategy. An Ofcom announcement states that between now and April 2020, industry participants will be invited “to trial the porting and management of millions of

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Safety Can’t Always Be Found in Numbers

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This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. If you’re not a newbie in the world of cryptocurrencies, someone who has ever tried to trade, or you are a pro-crypto-trader, most likely you have come across

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Biggest ICO Winners and Losers: By The Numbers

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ICOs With the Highest and Lowest Returns: The Numbers

As a follow-up to last week’s Bitcoinist article on sh*tcoins and Initial Coin Offerings (ICOs), Bitcoinist looks at crypto researcher Steven Zheng’s numbers, successful-to-unsuccessful ICO ratio, and more.  Read more...

From Lowest to Highest Returns of Investment (ROI)

  1. Bolenum likely probably bound to fail after raising only $ 18,500 during August 2017. At the same time, the second most fruitful ICO raised even less than that. yet at -99.72%, Bolenum is currently the most sterile project evaluated by Zheng.
  2. MyBit strives hard to outstrip it. Also completed in August 2017, the MyBit ICO sold its tokens for a staggering $ 2, which now turned into 2 cents, or -98.89%.
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The Numbers Behind Kepler Technologies

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After receiving incredible and record-breaking rankings on all relevant listing platforms, more and more people have become intrigued by Kepler’s groundbreaking ideas and visions in regards to a future shaped by a combination of robotics, artificial intelligence, and the blockchain. There are only two more days until Kepler’s pre-sale finally begins — which will last from May 22nd until June 5th.   Read more...

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