$83,981.00
0.50%$1,582.91
0.01%$2.07
-0.17%$581.95
-0.04%$130.02
3.48%$0.99999
0.00%$0.244671
-2.80%$0.155551
0.71%$0.612228
0.76%$1,582.44
0.12%$83,884.00
0.48%$9.45
0.89%$19.05
1.29%$12.39
0.55%$2.93
2.07%$0.23626
0.62%$1.00
0.02%$0.00001185
1.48%$1,896.41
-0.04%$2.07
-0.84%$0.156491
-0.33%$325.59
1.91%$74.39
-1.69%$3.57
1.01%$15.67
3.66%$4.33
2.20%$0.999539
-0.15%$0.999391
0.06%$1,581.84
-0.04%$0.611314
1.20%$218.01
0.63%$27.73
0.17%$1,685.88
-0.02%$84,016.00
0.69%$5.19
0.20%$51.47
-1.48%$0.0000071
0.72%$4.64
-0.17%$22.44
0.55%$33.66
-0.22%$0.829199
0.60%$1.048
0.08%$1.00
0.00%$1.97
-3.21%$0.700234
-0.19%$0.083617
1.47%$4.66
-2.14%$14.80
-0.38%$1.17
0.01%$135.49
0.51%$229.03
-1.59%$0.075813
1.04%$0.02237251
-0.11%$3.69
1.06%$4.22
0.65%$4.03
0.27%$83,585.00
0.54%$0.998053
0.11%$2.38
-1.72%$7.77
-1.38%$0.180799
-0.73%$0.17834
-1.71%$0.273765
0.77%$0.463378
-1.55%$3.78
1.59%$2.26
-6.18%$83,763.00
0.26%$0.277997
-0.71%$10.27
-1.00%$0.460562
0.89%$1,344.09
-0.33%$0.07073
1.36%$136.13
3.58%$0.999944
-0.04%$3.99
-1.38%$0.638514
-0.04%$0.365661
1.72%$1.012
0.82%$1,583.22
-0.13%$64.74
0.25%$0.01483334
-3.04%$1,648.27
0.08%$0.609485
1.73%$0.00001177
-0.41%$0.879811
3.45%$0.577339
-0.65%$0.693196
-2.18%$0.999729
-0.08%$0.166029
-1.59%$1.00
0.06%$3,357.17
2.10%$581.75
-0.07%$0.613316
0.59%$0.999995
0.00%$13.62
-3.59%$3,360.58
2.02%$1,784.33
-0.13%$7.72
-0.61%$83,593.00
0.83%$0.075821
-2.50%$0.402089
0.17%$0.997865
-0.02%$84,145.00
0.86%$0.694328
-8.38%$0.01341048
-6.17%$2.17
3.44%$3.53
7.29%$0.631908
-5.27%$143.12
3.75%$0.999523
0.06%$0.690737
0.85%$1,682.19
0.10%$0.01365605
-3.24%$0.01800752
-4.36%$167.02
3.46%$0.244448
-1.40%$0.0000006
-0.63%$1.098
-0.25%$0.240409
-9.96%$0.58399
6.21%$0.09932
-1.02%$0.155837
-1.43%$27.64
0.31%$0.345393
0.93%$0.00005415
1.16%$1.79
-2.51%$0.406973
-2.08%$3.14
0.98%$0.487529
-1.99%$1.58
-1.28%$85,108.00
3.14%$0.998912
0.14%$0.263393
-1.17%$1,654.93
-0.01%$30.56
-3.83%$0.999989
-0.00%$0.067606
-1.16%$81,776.00
1.88%$0.436149
2.76%$1.67
0.47%$13.78
-0.44%$0.999989
-0.00%$0.125115
-0.23%$0.00461895
-0.97%$83,965.00
0.62%$0.546249
-0.53%$0.448905
0.25%$1.98
1.22%$3.80
0.99%$0.00000042
-2.73%$1.00
-0.17%$1.08
0.00%$110.71
0.01%$1,653.63
-0.89%$0.155628
0.89%$1.12
1.20%$0.00679749
-3.35%$83,087.00
-0.29%$13.56
-0.74%$1,683.53
0.14%$5.41
-2.24%$83,593.00
0.54%$0.375655
0.29%$22.90
-0.35%$0.00001885
-3.10%$0.999956
-0.00%$1,580.24
0.24%$1,584.11
0.23%$0.999937
-0.06%$39.14
-1.38%$2.17
-1.16%$0.531997
-3.40%$0.119179
-5.55%$0.130626
-0.15%$1,582.99
0.16%$1,584.09
0.14%$0.03524965
-2.50%$0.999606
-0.01%$1.001
0.03%$0.4145
0.52%$0.06329
-5.35%$0.99887
0.02%$4.91
-2.75%$0.999998
0.01%$0.01656631
-2.09%$0.03208668
-2.50%$0.158032
0.90%$0.388241
-0.77%$0.00005748
0.08%$0.178298
-1.96%$0.740462
-0.55%$0.03038577
-1.19%$0.716601
-2.08%$3.80
1.17%$1.00
-0.01%$0.065615
-4.00%$0.480466
3.25%$0.253222
-0.69%$0.00562302
-1.51%$1.00
0.06%$0.00347539
-2.34%$0.00457041
1.23%$1,599.59
-0.18%$108.66
-0.06%$0.00000134
-0.03%$3,230.01
0.01%$0.287053
-2.34%$83,960.00
0.51%$0.126924
-9.75%$83,827.00
1.14%$2.33
-4.52%$0.256397
-0.05%$2.74
-0.96%$1,562.02
-0.18%$1.013
-2.90%$0.556354
-1.76%$0.03566931
8.04%$20.16
-0.43%$3.75
-2.63%$0.999933
0.02%$0.19768
-3.73%$0.247416
4.73%$1,582.04
0.10%$0.00039214
7.55%$0.232592
-0.99%$21.16
-1.85%$1,674.00
0.12%$19.04
1.23%$0.16519
-1.15%$1,686.49
0.62%$0.50318
-3.38%$0.400081
-2.87%$0.451197
-2.46%$0.02658782
-3.49%$0.998758
-0.02%$0.09559
-0.18%$0.01099882
-0.10%$0.00241316
-12.09%$1,734.59
0.13%$1.14
0.29%$1.00
0.04%$83,900.00
0.51%$1,719.18
0.02%$0.612787
-3.47%$2.62
-0.73%$1.94
0.12%$0.858754
-0.35%$0.240803
1.90%Reading
New research shows that 58% of Ethereum (ETH) transactions are for less than $20, and that 80% of transactions made are under $90.
The data, compiled by data scientist Alex Svanevik, co-founder of D5, a decentralized autonomous organization for data science, suggests that Bitcoin holders are more willing to spend big on their crypto transactions than ETH holders.
Share of outputs for BTC:
(should definitely denote this in USD though) pic.twitter.com/33HxA8XAri— Alex Svanevik 🧭 (@ASvanevik) May 6, 2020
This reflects how people use Ethereum; the network is a popular choice for decentralized applications, which accommodate micro-transactions. Svanevik hazarded that it could also be because Ethereum is a popular hub for mining pools, gambling apps and exchanges.
It's 58% when including internal transactions - not a huge difference: pic.twitter.com/H0b7DU12aD
— Alex Svanevik 🧭 (@ASvanevik) May 6, 2020
Bitcoin is generally used for payments, and people appear willing to place bigger trades. According to Svanevik’s research, around 20% of Bitcoin transactions are worth more than $900.
D5, the data science DAO, today launched Nansen, its first data analytics platform, in a bid to provide greater transparency over the Ethereum blockchain. Nansen uses a combination of machine learning, algorithms and research to analyse the Ethereum blockchain. One of its main objectives is to label each blockchain address to show that it belongs to an exchange, a decentralized finance (DeFi) user, or a project. So far, it has labelled 40 million addresses. “After years of working with crypto p...
Svanevik’s data suggests that, for Bitcoin and Ethereum, smaller trades (in Bitcoin value) are far more popular than they used to be.
For stablecoins—cryptocurrencies whose value is tied to a fiat currency, like the US dollar—Svanevik found that 40% of all transactions for stablecoins were between $100-$1,000.
Stablecoins: pic.twitter.com/EYXMN1WheR
— Alex Svanevik 🧭 (@ASvanevik) May 6, 2020
For the most popular stablecoin, Tether (USDT), that figure increased to 45%, the highest among the most popular stablecoins. For the PAX stablecoin, 31% of trades were between $100-1,000; 27% for USDC, the stablecoin produced by Circle and Coinbase; and 23% for DAI, the decentralized stablecoin that’s maintained by the MakerDAO smart contract.
But the amount of Tether—well that's going through the roof.
Tips
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