Browsing: Transfer

Public blockchains record every transaction, yet researchers can derive multiple measures of economic activity from the same transparent ledger.

Add preferred source1 A Bitcoin holder moved 1,604 BTC worth about $122 million between two unidentified wallets hours before the Federal Reserve’s rate decision on Sept. 16. Whale Alert recorded the transfer at 12:20 UTC, with no evidence the coins were sent to an exchange for sale. The move comes as markets overwhelmingly expect a…

Researchers at the Bank for International Settlements (BIS) found that estimates of Bitcoin (BTC) on-chain transfer values can differ by as much as a factor of six depending on the measurement method used. The finding, published in a BIS working paper, concerns on-chain transfer values rather than exchange trading volume, and stems from differences in…