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Bitcoin: China is taking blind shots but they are meeting the target
With October starting off on a bang-on bearish outbreak, Bitcoin dropped down to $10,380 from $10,940 in a gap of 12 hours. While the recovery has been commendable at press time, a prominent on-chain The post Bitcoin: China is taking blind shots but they are meeting the target appeared first on AMBCrypto. дальше »
2020-10-7 21:30 | |
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2020 Q3 Review - Decentralized Finance explodes
The on-chain effects for the boon in DeFi-related activities have been enormous, with a nearly 3x increase in the amount of Ethereum sent to DeFi contracts, and ETH transaction fees reaching stratospheric heights. дальше »
2020-10-6 17:00 | |
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Cardano Price Analysis - On-chain activity slumps after proof of stake transition
After years of development, Cardano recently enabled a staking testnet and mainnet. If a mainnet launch with staking is successful, exchange listings and exchange staking pools will continue to follow. дальше »
2020-10-6 14:01 | |
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Bitcoin Analyst Reveals What’s Holding Price Above $10K: Its China
Bitcoin has shown an extreme resilience against bears that want to crash its spot rate below $10,000. And an on-chain analyst explains why. Forex professional Cole Garner issued a string of tweets earlier Tuesday to illustrate a divergence between Bitcoin’s bearish price moves and its growing network activity last week. дальше »
2020-10-6 11:00 | |
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Bitcoin Analyst Sees “Accumulation Signals” as Price Eyes Breakout
The Bitcoin price expects to grow higher in the coming sessions as a historically accurate indicator flashes signs of substantial accumulation. Spotted by TradingShot, an independent market analysis portal, the “on-chain smart money indicator” shows that influential traders/investors are buying Bitcoin en masse. дальше »
2020-10-6 08:29 | |
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Willy Woo on Regulatory Sweep: This Is One of Those ‘Herd Is Coming’ Events
Now that BitMEX has a target on its back, there is a cloud of uncertainty surrounding one of the leading cryptocurrency exchanges. According to widely cited on-chain market analyst Willy Woo, however, the latest regulatory and criminal crackdown could pave the way for the herd to finally arrive in the cryptocurrency space. дальше »
2020-10-4 20:00 | |
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Top On-Chain Analyst Thinks Bitcoin Will “Pop” Despite BitMEX News
Bitcoin underwent a strong rejection on Thursday and Friday morning due to two fundamental trends. First and foremost, BitMEX was charged by the U. S. CFTC over derivatives concerns and anti-money laundering concerns. дальше »
2020-10-3 02:59 | |
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Bitcoin Set for Bullish End to 2020 Based on Multiple Indicators
Several on-chain metrics are pointing to a bullish 2020 closeout for Bitcoin (BTC). The top-ranked crypto by market capitalization is up almost 50% year-to-date (YTD). However, while the bull case for BTC remains strong, price drawdowns below the $10,000 could occur in the short-term, providing an opportunity for more accumulation of cheaper bitcoin. дальше »
2020-10-1 16:13 | |
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Bitcoin Forms “Obviously Bullish” Divergence as User Count Spikes
Bitcoin underwent multiple rejections in the $11,000 region over recent weeks, suggesting the asset remains rangebound. Fortunately for bulls, there are on-chain trends suggesting that the cryptocurrency is in a bullish state. дальше »
2020-10-1 06:00 | |
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Bullish for Bitcoin: Data Reveals Spike in Activity from New BTC Investors
Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […] дальше »
2020-10-1 02:00 | |
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Massive Accumulation By Bitcoin Whales Drives Down Exchanges’ Reserves By $5 Billion
A drop of over $5 billion worth of Bitcoin on crypto exchanges reserves in the last one year hints at heightened accumulation by Bitcoin Whales, according to data by on-chain analysis platform CryptoQuant. дальше »
2020-10-1 23:16 | |
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Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog. дальше »
2020-9-30 18:00 | |
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Whales continue to buy Bitcoin despite uncertainty in the crypto market
Bitcoin (BTC) continues consolidating within a narrow trading range without providing a clear path for where it is headed next. Despite the uncertainty around it, different on-chain metrics suggest that large investors are choosing to buy Bitcoin evermore increasing their positions. дальше »
2020-9-30 00:16 | |
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Synthetix Network Token (SNX) rebounds as on-chain strength flourishes
Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the massive amount of SNX tokens stolen due to the recent KuCoin hack. дальше »
2020-9-29 20:00 | |
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EY Debuts First ERP Solution on the Ethereum Public Blockchain and Enhances On-Chain Analytics Explorer
Consulting giant Ernest & Young (EY) has launched an enterprise procurement solution based on the Ethereum public blockchain. This initiative will leverage smart contract capabilities to enable participants to design and implement procurement contracts on a public blockchain. дальше »
2020-9-29 18:34 | |
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DODO Token Offering Announced, Does Crypto Need Another DeFi DAO?
The DODO exchange has announced its governance token, the latest in a string of new decentralized finance (DeFi) offerings. DODO is yet another on-chain automated market maker (AMM) that was announced in mid-August. дальше »
2020-9-29 17:45 | |
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Willy Woo: Bitcoin to Decouple From Traditional Markets Soon
On-chain market analyst Willy Woo believes that bitcoin’s market movement will soon cease to correlate with that of traditional markets, as has been the case until now. Writing on his Twitter account, Woo shared data from Glassnode showing a clear multiyear uptrend in bitcoin adoption. дальше »
2020-9-28 02:00 | |
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Top On-Chain Analyst: Bitcoin Is Primed to Decouple From Legacy Markets
Ever since February, Bitcoin’s price action has been largely dependent on that of legacy markets. Markets like the S&P 500, the U. S. dollar, and gold have strongly swung the directionality of BTC and the rest of the cryptocurrency market. дальше »
2020-9-27 10:00 | |
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DeFi Protocol Synthetix Upgrading to L2 Scaling to Alleviate Gas Costs for Small SNX Stakers
Popular on-chain synthetic assets protocol, Synthetix is in the first phase of its transition to Optimistic Ethereum, a layer two scalability solution for the second-largest network that continues to grapple with congestion and sky-high fees thanks to all the DeFi craze. дальше »
2020-9-25 21:31 | |
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Do on-chain metrics show an overly bearish picture of the 2020 Bitcoin market?
Bitcoin’s on-chain metrics suggest that the market is overly bearish. This has been the case for most of 2020. Source: Coinmarketcap Up till now, on-chain metrics are considered a reliable The post Do on-chain metrics show an overly bearish picture of the 2020 Bitcoin market? appeared first on AMBCrypto. дальше »
2020-9-26 20:00 | |
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Stablecoin Stamp of Approval & Inside UNI’s Distribution: A Data Perspective by IntoTheBlock
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Stablecoin Stamp of Approval & Inside UNI’s Distribution: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog. дальше »
2020-9-24 17:30 | |
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On-Chain Analyst: Bitcoin Likely to Decouple from Stock Market in Coming Months
Bitcoin has been forming a strong correlation to the stock market once again, with this typically occurring during times of global uncertainty. At the moment, traditional investors are consumed with fears regarding the lack of a second domestic stimulus package within the U. дальше »
2020-9-23 19:00 | |
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The Last Time This On-Chain Metric Was This Low, Bitcoin Surged 150%
Bitcoin’s price has been slipping lower over recent days and weeks. From the recent highs set just two days ago, BTC is down by around 2-3%. From the year-to-date highs set two weeks ago, Bitcoin has shed closer to 20%. дальше »
2020-9-20 04:00 | |
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Zcash Price Analysis - Shielded addresses underutilized
On-chain statistics show a rise in transactions per day and active addresses over the past few weeks. However, even with the integration of Sapling, shielded addresses are only being utilized by less than 20% of transactions. дальше »
2020-9-19 15:01 | |
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Critical On-Chain Signal Predicts That Bitcoin’s Next Move Will Be Upward
As many analysts predicted, Bitcoin was cleanly rejected in the low-$11,000s on Wednesday due to a cluster of resistance in that region. $11,000 is a price point that BTC bounced off multiple times during last month’s consolidation. дальше »
2020-9-19 13:00 | |
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This On-Chain Indicator Looks As It Did Prior to Bitcoin’s 2017 Rally
On a macro scale, Bitcoin has yet to break out. Despite surging around 20% in the past 1. 5 months, the coin remains under crucial long-term resistances. One pivotal level analysts are looking towards is $14,000, as that’s where the 2019 rally topped and highs of December 2017 ended up at (monthly candle). дальше »
2020-9-19 13:00 | |
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Bitcoin’s social sentiment level is at a new low – could prices surge?
The social sentiment for Bitcoin — a metric that tracks the asset’s public perception on social media and forums — has reached a record low level, according to on-chain tracking firm Santiment. The post Bitcoin’s social sentiment level is at a new low – could prices surge? appeared first on CryptoSlate. дальше »
2020-9-19 08:00 | |
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These 10 On-Chain Signals Suggest Bitcoin Is Still Embroiled in a Bull Market
Key on-chain signals show that Bitcoin is still embroiled in a bull trend despite recent uncertainty in the cryptocurrency market. In fact, one blockchain analytics company recently shared 10 signals suggesting BTC is either a “buy” or “strong buy” on a macro time frame. дальше »
2020-9-17 13:00 | |
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Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker
Decentalized finance (defi) protocol Bzx has recovered the $8. 1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. дальше »
2020-9-17 03:30 | |
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Bitcoin ‘Young Investment’ Wallets at Highest Level Since February 2018
New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows. дальше »
2020-9-17 23:42 | |
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Bullish Activity for Bitcoin & Under the Hood of the SushiSwap Saga: A Data Perspective by IntoTheBlock
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Bullish Activity for Bitcoin & Under the Hood of the SushiSwap Saga: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog. дальше »
2020-9-18 17:47 | |
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After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard. The post After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin appeared first on CryptoSlate. дальше »
2020-9-16 02:00 | |
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Bitcoin Still Undervalued Based on These On-Chain Indicators
Bitcoin price indicators equivalent to the price-to-earnings (PE) ratio for stocks point towards an uptrend, according to leading on-chain analysts. The growth in total mining hashrate is also setting BTC up for more gains. дальше »
2020-9-16 22:11 | |
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Spikes in Large Bitcoin Transactions Suggest Institutional Accumulation
On-chain data shows that the largest players in the Bitcoin market became more active following the March 2020 price crash as well as during periods of price consolidation this summer. This may suggest a pattern of accumulation by ‘whales’ and/or institutions. дальше »
2020-9-14 15:05 | |
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Ontology, Crypto.com Coin, XRP Price Analysis: 14 September
Bitcoin registered a drop from $10,500 to $10,350 a few hours ago, a drop that also pulled down Ethereum's price from $388 to $358. In fact, Ethereum might be primed for another sell-off as on-chain mThe post Ontology, Crypto. дальше »
2020-9-14 14:00 | |
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Some Key Ethereum On-Chain Fundamentals Have Crashed To Dangerous Lows; Should Investors Be Worried?
The market for cryptocurrencies is in the viridity today after suddenly plummeting earlier in the week. Bitcoin (BTC) is up about 1. 47% today to reach $10,323, while Ethereum (ETH) is down nearly 5. дальше »
2020-9-15 00:35 | |
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