Bitcoin Surges To $26,700, But Will This Rise Last?

Bitcoin has observed a surge towards the $26,700 level in the past day. Here’s what on-chain data says regarding whether this rise would stay. Bitcoin Has Broken The $26,700 Level During The Past Day After a long run of stagnation around and below the $26,000 level, Bitcoin finally seems to be making a steady run above it, as the cryptocurrency has now breached the $26,700 mark. дальше »

2023-9-15 23:00

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Bitcoin Shrimps Are Becoming Smarter, Here’s Why

On-chain data suggests the smallest of Bitcoin investors, the shrimps, have been showing smarter behavior during this cycle. Bitcoin Shrimps Accumulated During The Bear Market Crashes This Cycle In a new post on X, the lead on-chain analyst at Glassnode,@_Checkmatey_, has discussed how the behavior of the shrimps has evolved in the BTC sector during […] дальше »

2023-9-12 22:00

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Bitcoin Bull Run Incoming? This Metric Could Suggest So

On-chain data shows a Bitcoin metric is forming a pattern that may hint that a bull run could be coming next for the asset. Bitcoin HODLer Growth Rate Has Seemingly Reached The “Plateau” Stage In a new post on X, the analyst Charles Edwards shared a chart highlighting a pattern that the BTC “HODLer Growth Rate” indicator may be forming. дальше »

2023-8-29 23:00

Bitcoin Exchange Reserve Shoots Up, Pain Not Over Yet?

On-chain data shows the Bitcoin exchange reserve has shot up during the past day, indicating that more drawdown may be coming for the price. Bitcoin Exchange Reserve Has Registered A Large Increase A few days back, a crash shook both Bitcoin and the wider cryptocurrency market, as the BTC price plummeted from above $29,000 to below $26,000 instantly. дальше »

2023-8-23 21:00

Bitcoin Dip Worth Buying? What Market Sentiment Suggests

The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector since the crash a few days back. дальше »

2023-8-22 15:30

Bitcoin Hashrate Rises, Miners Unfazed By Price Crash?

Data shows the Bitcoin mining hashrate has only continued to rise recently, suggesting that the miners may not care too much about the crash. Bitcoin Mining Hashrate Has Set Another All-Time High As Bitcoin is a Proof-of-Work (PoW) network, chain validators called miners compete with each other using computing power to get a chance to […] дальше »

2023-8-21 15:00

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Bitcoin Plummet Sends 10% Of Supply Into Loss

On-chain data shows Bitcoin’s plummet toward the $26,500 mark has sent 10% more of the total supply into a state of loss. Bitcoin Supply In Profit Has Dropped From 71% To 61% After The Crash According to data from the on-chain analytics firm Glassnode, the supply in profit has taken a big hit with this […] дальше »

2023-8-19 21:50

Will Bitcoin Volatility Continue? These Metrics Say Yes

Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remained High As explained by an analyst in a CryptoQuant post, some metrics are forming a pattern that can lead to more volatility in the cryptocurrency’s price. дальше »

2023-8-18 01:00

Bitcoin Retraces Back From $30,000 As Profit Taking Spikes

Bitcoin had surged above $30,000 earlier during the past day but has since observed a retrace as profit-taking from traders has spiked. Bitcoin Profit-Taking Volume Is Currently More Than Twice The Loss-Taking One Bitcoin showed some promising signs of breaking away from its stagnation earlier during the past 24-hour period, as the cryptocurrency’s price managed to make a sharp recovery towards the $30,000 mark. дальше »

2023-8-9 15:00