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Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate. дальше »

2024-4-30 11:32


Cardano’s Mysterious Surge: What’s Behind The $13 Billion Daily Transaction Boom?

Cardano (ADA), the smart contracts platform known for its energy-efficient Proof-of-Stake consensus mechanism, has been generating buzz lately. On-chain data reveals a significant uptick in large transactions, hinting at a potential return of the whales – major investors who can significantly impact cryptocurrency prices. дальше »

2024-4-30 09:00


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Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Santiment, the number of Bitcoin investors has sharply increased recently. дальше »

2024-4-30 03:00


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AI Token Strategy: Savvy Holders Stock Up on Raboo, The Graph, and Render

Platforms like Raboo, The Graph, and Render are at the forefront of the AI crypto revolution, each offering unique ways to harness artificial intelligence within the blockchain space. Raboo revolutionizes meme coins with AI integration, The Graph enhances decentralized data queries, and Render transforms GPU rendering processes. дальше »

2024-4-29 20:58


New Data Reveals Bitcoin Mining May No Longer Be Profitable – Here’s Why

New data has revealed that Bitcoin (BTC) mining might no longer be as lucrative as it used to be. Bloomberg has reported that the profitability of Bitcoin mining is nearing a record low, not seen since the days following the collapse of FTX, posing significant challenges for those securing the network. The data indicates that […] дальше »

2024-4-27 05:30


Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation?

Bitcoin (BTC), the largest cryptocurrency in the market, has been trading within a re-accumulation range between the $59,000 and $70,000 price levels for the past month and a half.   Crypto analyst Rekt Capital recently shared its perspective on this phase and its potential duration, drawing from historical patterns and data in a post on social media platform X (formerly Twitter). дальше »

2024-4-28 03:00


XRP Whales Are Active: Here’s Where They Are Sending Coins

On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain in the past day. дальше »

2024-4-27 21:30


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Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows

Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF experienced its second consecutive day of zero flows, while Fidelity’s FBTC saw its first daily net outflow, totaling $23 million. дальше »

2024-4-26 13:20


Bitcoin Halving Aftermath: Analyzing Market Sentiment And Predictions

The aftermath of the April 19th Bitcoin halving has sparked varied narratives within the cryptocurrency community. While historical price data post-halving events tends to lean bullish, the trajectory of Bitcoin’s climb to $75K, $100K, and beyond hinges on several factors, including whale and shark behavior, the circulation of dormant coins, […] дальше »

2024-4-26 08:30


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Bitcoin, Dogecoin Top Holder Profitability Ahead Of Cardano & Ethereum: Details

On-chain data shows that Bitcoin and Dogecoin have managed to top the charts regarding holder profitability. Here’s what the ranking looks like. Bitcoin & Dogecoin Are Among Coins With Highest Investor Profitability Ratio In a new post on X, the market intelligence platform IntoTheBlock talked about how holder profitability compares between some of the top […] дальше »

2024-4-26 01:00


Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. дальше »

2024-4-25 19:00


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Polkadot’s new StorageHub parachain targets improved data storage efficiency

StorageHub, a Polkadot parachain, is joining the decentralized data storage revolution, promoting efficiency and network accessibility through decentralized storage solutions. The network would be designed to serve as a public goods parachain, prioritizing larger data sets and file-based storage while upholding decentralization principles. дальше »

2024-4-25 17:33