• Exchange
  • Insights
    • Rates
    • Reviews
    • About Us
    • Partner program
    • City
    • Number confirmed
    • Bounty Program
  • Blog
  • Contacts
  • A business icon representing business services Business
    • Own Exchanger
    • Additional services
A person icon representing individual account Personal
A person icon representing individual account Personal
A business icon representing business services Business
  • Own Exchanger
  • Additional services
  • Exchange
  • Insights
  • Blog
  • Contacts
  • Log in
  • Profile
  • Home
  • Articles
  • Analysis
  • Record earnings of miners, decline in bitcoin volatility and risen in price of Dogecoin
The decline in bitcoin volatility and other important news of the crypto world

Record earnings of miners, decline in bitcoin volatility and risen in price of Dogecoin

Users have withdrawn a record number of bitcoins per day from exchanges since the beginning of 2020. Glassnode reports that 20,660 more BTC were withdrawn on July 8 than deposited. Most of all, the outflow was on the Coinbase exchange, despite the growth in the number of deposits, they are still less than withdrawals.

Ethereum miners earned a record 17% in transaction processing fees in June. For comparison, last month their earnings were 10%. The Block compared the income of Ethereum and BTC miners: the Bitcoin network made it possible to earn 4% in June and 10% in May. Analysts explain the growth in income of Ethereum miners with the growing popularity of financial pyramids and De-Fi projects.

Bitcoin volatility has dropped to November 2018 levels. At that time, it was followed by the collapse of the main cryptocurrency to $3100. At the same time, analysts note an inverse correlation between the prices of bitcoin and gold, so many of them are confident in the sharp rise in gold and the collapse of bitcoin. However, most believe that both gold and bitcoin are waiting for an upward movement.

After hitting an all-time high in May, Bitcoin futures trading volumes fell 40% in June, dropping from $557 million to $332 million, the same as at the start of 2020. Analyst Dmitry Perepelkin reported on the uncertainty in the futures market. In early July of this year, he also pointed out that speculators in the futures market bet on the decline in the price of bitcoin.

Arcane Research has named coins with the best price dynamics for the week. So, the first week of July showed that the index of mid-cap cryptocurrencies rose by 13.4% against the backdrop of a fall in the Bitcoin dominance index by 0.87%. The leaders of the last seven days are VeChain, Kyber Network and Cardano. And the drawdown was caused by such tokens as Compound, Hedera Hashgraph and Algorand. At the same time, the volatility of bitcoin over the past 30 days has dropped to its lowest levels in 15 months.

Libra is not going to abandon the plan to issue a multi-currency stablecoin. Libra's director of policy, Julien Le Gock, said the company is in constant dialogue with regulators to develop a regulatory framework. The founders of the project are trying to do everything to bring closer partnership with the states.

Dogecoin doubled in price in just two days thanks to a viral Tik-Tok video. The cost of DOGE rose to $0.005599 (Binance) after the publication of a video in which the author encourages viewers to invest in this coin. Now the rate of the coin-meme has corrected to $0.004242, but DOGE managed to take a place in the TOP-30 of the cryptocurrency rating. Dogecoin developers themselves warn against hasty investment decisions and advisers.

#Crypto #crypto news

Disclaimer: the site publishes third-party content and opinions. Does not constitute financial advice. May contain sponsored content.

Previous article Next article

Similar Articles

Litecoin to dollar exchange rate

17.04.2025

Litecoin to dollar exchange rate: 24h statistics and general information

Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.

Read more
How to buy crypto with a bank card on Coin24

02.04.2025

How to buy crypto with a bank card on Coin24

To buy crypto via bank card with Coin24, follow these simple steps.

Read more
Monero usd, xmrusd

31.03.2025

Monero (XMR) rate

Monero (XMR) is a cryptocurrency that is characterized by a high level of anonymity for users and their transactions. Monero was designed to be untraceable on the internet. A transaction on the Monero blockchain cannot be tied to a specific user or real person because the cryptocurrency is fungible. This means that two separate Monero coins are absolutely identical online and cannot be distinguished from each other.

Read more

How we use cookie files

We use our own cookies and third-party cookies on our websites to improve your experience, analyze our traffic, and improve security and marketing. Select "Accept All" to resolve their usage.

Cookie Policy
coin24-logo
About cryptocurrency
  • Crypto Dictionary
  • Exchange directions
  • Cryptocurrency courses
  • Buy cryptocurrency
  • Cryptocurrency Exchanger
  • Bitcoin wallet
  • Exchange USDT
Insights
  • About Us
  • Rates
  • Reviews
  • Referral Program
  • User Manual
  • FAQ
Documents
  • User Agreement
  • Privacy Policy
  • KYC and AML policy
  • Exchange Regulation
  • Cookie Policy
  • Card Verification
  • List of Prohibited Countries
  • Unsupported Services
Contacts
  • E-mail: info@coin24.io
  •  Technical support:

    08:00-24:00 (UTC+2)

Developed by:
© Сoin24.io, 2018 - . All rights reserved
Visa, Mastercard