Q2 presented a mixed bag in digital asset performance, influenced by the interplay of market forces such as regulatory ambiguity, potential rate hikes amid signs of easing inflation and crucial crypto-native developments, according to #CoinMetrics. https://social.wubits.io/share/64a6d54bb86bcb2b6f4ab115?rid=63dffbc796acc11510f0903b&utm_source=link
In a dynamic first half of 2023, digital asset markets started the year on a strong footing, with bitcoin (#BTC) and ether (#ETH) surging 83% and 55%, respectively, buoyed by a risk-on sentiment in January, according to #Coinmetrics. https://social.wubits.io/share/64a5c06949896d04902c7d2a?rid=63dffbc796acc11510f0903b&utm_source=link
BTC is center stage and the market is reflecting it: BTC’s dominance is up to 58%, the highest since April 2021, according to #CoinMetrics. #BTC #dominance #marketcap #BlackRock #ETF #Bitcoin More: https://social.wubits.io/share/649ae2a07104f02c845ae450?rid=63dffbc796acc11510f0903b&utm_source=link
As of May 2023, #CoinMetrics estimates #Bitcoin network total power draw at roughly 13.4 gigawatts (GW), or about 16% less than Cambridge University’s estimate of 15.9 GW. https://social.wubits.io/share/648a58771cd29465d604bb24?rid=63dffbc796acc11510f0903b&utm_source=link
30D volatility for #BTC and #ETH, descending to historically low levels at 0.016 and 0.019 respectively, according #CoinMetrics.
Cryptowatch launches Blockchain Metrics Charts with Coin Metrics | Cryptowatch Blog

Cryptowatch has added blockchain metrics charts for the Bitcoin and Ethereum networks, powered by Coin Metrics.

Bitcoin Transaction Fee % of Total Miner Revenue

See how the share of revenue from block subsidizies vs. transaction fees has developed for Bitcoin miners.

RT [email protected]:

Today's market crash is brought to you by Kraken's malfunctioning trade matching engine.

https://twitter.com/luyongxu/status/1363967615924895757

"Since so many of their markets were affected, it really points to some malfunction in their order matching engine -- not price manipulation or fat finger error."
https://twitter.com/luyongxu/status/1363973079609835522

#Bitcoin  #luyongxu #KevinLu #CoinMetrics #Kraken #FlashCrash #Market #OrderMatching #MatchingEngine

Kevin Lu on Twitter

“Today's market crash is brought to you by Kraken's malfunctioning trade matching engine.”

Twitter

Stratum V2: Migration and Decentralization

https://insights.deribit.com/market-research/stratum-v2-migration-and-decentralization

"Stratum V2 limits the threat posed by out-of-band payments in the same way it fights centralization: by enabling job negotiation and allowing miners to order transactions themselves."

"While Stratum V2 faces significant hurdles to adoption, its success would be good for Bitcoin."

#Bitcoin  #Mining #BitcoinMining #Miner #BitcoinMiner #MiningPool #StratumV2 #Decentralization #Braiins #CoinMetrics #SlushPool #Deribit

Stratum V2: Migration and Decentralization - Deribit Insights

Specialized tooling is an underappreciated but critical component of the Bitcoin ecosystem.

Deribit Insights