Tuesday, October 4, 2022
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Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’ — Report – Africa Bitcoin News

According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s “retail market and outsized usage of P2P platforms make it unique compared

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DApp activity rises 3.7% in August for the first time since May: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps, finally showed a glimmer of recovery in August as the daily average of unique active wallets rose by 3.7% compared to

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Holders Accumulate, Blockchain Activity Decreases In Both Bitcoin And Ethereum

In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the “willingness to spend” or use the assets. The latest Intotheblock report “highlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.” Some people still have trouble admitting we’re

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Polkadot Dev’t Activity Up In Last 7 Days, Despite Steady Drop In DOT Price

As the price drops to $7.55, the Polkadot (DOT) price analysis suggests that the trend is still bearish. Polkadot price analysis reveals a downward trend DOT/USD has looked for support at roughly $7.49 DOT/USD  is encountering resistance at $7.74 Previously trading at about $7.74, Polkadot is now looking for support at about $7.49.

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Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year – Featured Bitcoin News

Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,” the blockchain data analytics firm

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Bitcoin network activity decline suggests longer bear market: Glassnode

With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode. The assessment of mediocre market growth over the past week came from blockchain analysis firm Glassnode in its latest The

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