Thursday, April 18, 2024
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Measuring Blockchain Adoption, Utility, and Health with On-Chain Transaction Volume

Conversely, during bearish periods, trading volumes start to dwindle, with bursts of activity around periods of deleveraging. Uncertainty, negative news, regulatory crackdowns, or market corrections often lead to a decline in trading. Investors might adopt a wait-and-see approach, leading to decreased transaction volumes, and they might move their assets to

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MicroStrategy’s Financial Health At Risk After Enormous $3.4 Billion Bitcoin Bet: Fortune Report

Since MicroStrategy’s pivot to Bitcoin, the company has managed to accumulate 130,000 Bitcoins, worth just over $3.406 Billion at current rates.MicroStrategy’s Bitcoin acquisition was financed through multiple debts and bond offerings.Bitcoin’s dip to $18,300 on 13 October may have temporarily jeopardized the company’s financial health.MicroStrategy’s first debt repayment is due

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