On-Chain Activity In today’s Daily Dive, we’re covering the latest state of on-chain activity across transactions, volume, active addresses and entities. Typically higher activity comes with a rising price and vice versa. When it comes to analyzing overall transfer volume of the network denominated in BTC, change-adjusted volume is one that we’ll focus on. That’s different from both total transfer volume and entity-adjusted volume estimates, which don’t account for transaction change and filter out volume sent within the same entity. Currently, the network is settling around 593,000 bitcoin per day.
and now another anti MARA article dropped from Bitcoin Magazine... That SEC line is so tiresome. That subpoena did not concern MARA, it concerned one of the parties that MARA dealt with during the Hardin facility deal. seems one of these parties sold restricted shares in the open market. MARA hasnt been accused of any wrongdoing, theyre just providing info....too much fudding of my bags on here and so now i'm over this whole subscription. GG
Good stuff. Lets just stop trying to discourage folks to get into publicly traded miners. (pomp appearance today) I dont think that is productive for bitcoin as an asset, especially now that publicly traded bitcoin miners are holding and not selling and actually buying more, which is bullish for bitcoin. Everyone should be happy here. Bitcoin community should stick together and these miners are the foundational layer.. Theyve also been radically outperforming bitcoin in the last 2 years. ... unless we're headed for crypto winter, its moon season for the miners --- id rather we focus on steering people from the $hitcoinrealm into bitcoin vs steering them away from miners, which would ultimately only hurt bitcoin. a miner could become a forced seller of bitcoin given the right amount of price destruction, for example. a healthy market for the miners is a healthier market for bitcoin
and now another anti MARA article dropped from Bitcoin Magazine... That SEC line is so tiresome. That subpoena did not concern MARA, it concerned one of the parties that MARA dealt with during the Hardin facility deal. seems one of these parties sold restricted shares in the open market. MARA hasnt been accused of any wrongdoing, theyre just providing info....too much fudding of my bags on here and so now i'm over this whole subscription. GG
Good stuff. Lets just stop trying to discourage folks to get into publicly traded miners. (pomp appearance today) I dont think that is productive for bitcoin as an asset, especially now that publicly traded bitcoin miners are holding and not selling and actually buying more, which is bullish for bitcoin. Everyone should be happy here. Bitcoin community should stick together and these miners are the foundational layer.. Theyve also been radically outperforming bitcoin in the last 2 years. ... unless we're headed for crypto winter, its moon season for the miners --- id rather we focus on steering people from the $hitcoinrealm into bitcoin vs steering them away from miners, which would ultimately only hurt bitcoin. a miner could become a forced seller of bitcoin given the right amount of price destruction, for example. a healthy market for the miners is a healthier market for bitcoin