Blockchain 

Binance Futures Daily Trading Volume Over $150M in Invite-Only Mode

The 24-hour trading volume of major cryptocurrency exchange Binance’s futures markets has exceeded $150 million denominated in Tether (USDT). On Sept. 10, a Reddit user published their findings on Binance’s futures markets performance. Over the past 24 hours of trading, the figures reached notable volumes in the Bitcoin (BTC)/USDT pairing, bringing the daily trading volume to over $151 million in USDT. Closed testing mode Binance initially launched two futures testnet platforms named Futures A and Futures B on Sept. 2, inviting users to participate in a 10,000 Binance Coin (BNB)…

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Bitcoin 

Bitcoin Price Corrects While Gold Sees Worst Daily Drop in 2.5 Years

Thursday, Sept. 5 — after failing to break $10,800 price point, Bitcoin continued to hover around $10,500, while most of the top 20 coins saw major losses. Market visualization | Source: Coin360 After hitting an intraday high of $10,761, Bitcoin has seen a notable decline and continued fluctuating around $10,500 for most of the day. At press time, Bitcoin is trading at  $10,528, down around 1% over the past 24 hours at press time. Still, Bitcoin is up more than 10% over the past 7 days as, according to some,…

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Bitcoin 

CME Bitcoin Futures Averaged $515 Million Daily Volume in May

The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019. Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. CME Group’s managing director Tim McCourt said that in May, Bitcoin futures were, “trading an average of more than 13,600 contracts each day, equal to ~$515 million in notional value or 68K equivalent bitcoins.” Record trading volumes McCourt also noted that, on May 13, Bitcoin traded a record daily volume of 33,677…

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Ethereum 

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove noise and certain artifacts, per Coinmetrics — shows an impressive uptrend in the USD value for the volume of the coin’s transactions and transfers over the past 90 days. On April 17, the average daily value was at $1.04 billion as compared with $3.22 billion on July 16, an almost 210% increase.…

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Blockchain 

Daily Ethereum Transactions Exceed One Million, a First Since May 2018

Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan. Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered over one million daily transactions was in May 2018. Nonetheless, the current level is still notably lower than the 1,349,890 daily transactions peak registered on January 4 last year. The on-chain transaction value of Ethereum…

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Blockchain 

How Blockchain Improves Daily Health Care Routine, Explained

1. The data stored on a blockchain is transparent and immutable, which is extremely important for the health industry. Some insiders even call it the “ultimate use case” for the technology.  In fact, there are several reasons behind this hype. As Cointelegraph previously explained, one of the core characteristics of blockchain is its decentralization. Each move is publicly recorded, time-stamped and nearly impossible to edit. The blocks that contain data are protected by advanced cryptography. If the information on the block has somehow been altered, the users of the network…

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Bitcoin 

Bitcoin Surpasses One Million Daily Active Addresses

Bitcoin (BTC) surpassed one million daily active addresses on June 14, according to blockchain statistics website CoinMetrics. Twitter user Kevin Rooke pointed out the current number of daily active on-chain addresses on June 15, resulting in mixed reactions from the community. For instance, one Twitter user noted that “using it and trading it are different things.” A different user attributed the current number of on-chain transactions to mixers, but failed to notice that even if an increase in mixer use were the reason for the rising active address count, it…

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Ethereum 

Ethereum Daily Mining Rewards Аre at Lowest Level Ever Reported

New Ethereum (ETH) being generated through mining is at its lowest rate ever, Etherscan data reveals on Feb. 11. According to Etherscan, on Feb. 10, 13,370 new ETH have been created, down from over 20 thousand in December 2018 and an all-time-high of over 39 thousand reported on July 30, 2015. The recent sharp decrease in the quantity of newly mined ETH was evidently caused by a sudden increase in Ethereum mining difficulty, which Etherscan data revealed on Feb. 10. As Cointelegraph reported in September last year, Ethereum’s core developers…

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Bitcoin 

2018 Sees Bitcoin’s Lowest Average Daily Price Change: Report

This year Bitcoin’s (BTC) average daily price change was the lowest value reported in the past nine years, self-proclaimed professional cypherpunk Jameson Lopp tweeted Dec. 30. This year, the average daily value change for Bitcoin was -0.33 percent, according to Lopp’s tweet. In second place for lowest average daily price change was 2014 at -0.25 percent. The year with the highest average daily change was 2010, when Bitcoin saw an average 0.82 percent price change daily — followed by 2017, with an average 0.78 percent daily price growth. As Cointelegraph…

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Ethereum 

Daily Traded Volume on Huobi’s Crypto Derivatives Platform Breaks $1 Billion

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27. Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin (BTC) and Ethereum (ETH) contracts that aim to allow for arbitrage, speculation, and hedging. Having reportedly broken past $1 billion in daily trades on Dec. 25, Huobi DM is today expanding its crypto contracts…

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