Featured | Here are our top ten data discoveries for the crypto market in 2019

Graphic | Carol Tina Editor | Bi Tongtong Source | PANews

PAData Summary:

    • Based on the analysis of the data on the Bitcoin chain, PAData found that in the first half of 2019, new and active Bitcoin addresses continued to increase. The price of the currency will affect the investment of existing holders. And the influence energy between the price of currency and the activity of the address is basically stable.
    • The price of currency will not only affect the investment behavior of users, but also the investment behavior of institutions. Correlation analysis shows that the number of financing events is related to the currency price of the previous month, but the financing amount has nothing to do with the currency price of the secondary market in the past three months.
    • The exchange is the most eye-catching and gold-absorbing format in the industry. As far as the most gold-absorbing IEO business in 2019 is concerned, all IEO projects have been violently shaken on the first day of listing. The average earnings multiples of all IEO project tokens are about 7.63 times. In addition, IEO has also empowered platform currency. From June to August this year, platform currency doubled on average.
    • Since the end of 2018, DApp has become one of the focus of the industry, but after half a year, all the attention on DApp has been focused on DeFi. DeFi-type DApps have become the dominant type of DApps on Ethereum. Although DeFi does not have a decisive contribution to the overall ecosystem of Ethereum, 20% of new users on Ethereum are contributed by DeFi-type applications.
    • According to PAData's periodic observation of Bitcoin mining, Bitcoin mining is currently at the end of the adjustment period. In addition, as far as EOS, a representative project of PoS mining, is concerned, the node elections have now shown a monopoly operation by large households, and the cooperation channel has become a competitive advantage.
    • In the second half of 2019, policy statements injected a boost into the development of the industry. According to the data on the Bitcoin chain, after the release of this policy, the domestic Bitcoin trading market is more active than foreign markets, and there may be new capital inflows.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Interpreting FTX's preliminary restructuring plan Cash compensation is adopted, excluding FTT holders.

At present, the restructuring plan of FTX is still in its early stages. The team will submit a revised plan and discl...

Blockchain

Demystify Bybit's new product "black technology", you can open both long and short, insurance contracts!

If you have seen Jobs's Apple conference, Rebus' Xiaomi conference, or Lao Luo's wee phone conference....

Market

FTX may be approved to liquidate $3.4 billion worth of tokens this week. What impact will it have on the market?

FTX may obtain court approval for asset liquidation on September 13th. Under the pressure of 3.4 billion sell-off, th...

Market

Get Ready for a Crypto Carnival - New Listings and Delistings!

Check out our latest rundown of notable digital asset listings, delistings, and trading pair updates from crypto exch...

Market

Fortune Magazine From ambitious to defensive, what twists and turns has the crypto queen Katie Haun experienced?

Cryptocurrencies may experience cyclical fluctuations, but this time the trough is much steeper than investors expect...