Capital outflows, stablecoin drama and realized loses – new Glassnode data on a crazy week in crypto

This week’s on-chain data report by the analytics company Glassnode looks into three major events — the depegging of the USDC stablecoin, net capital outflows and futures open interest data.

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

BTC price attempts to break toward the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.

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Will Polkadot [DOT] maintain its price surge this week? Data suggests...

DOT’s price increased by over 7% in the last 24 hours of press time. Ecosystem updates and on-chain metrics suggested a further uptrend.   Polkadot Insider recently revealed a major bullThe post Will Polkadot [DOT] maintain its price surge this week? Data suggests... appeared first on AMBCrypto.

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Bitcoin And Crypto This Week: These Events Will Be Crucial For Prices

The Bitcoin and crypto markets are once again facing an extremely important week, which will be shaped not only by macro data, but also by the brewing US banking crisis. While at the beginning of last week the odds of a Fed rate hike of 50 basis points at the next FOMC meeting on March […]

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Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

BTC and altcoin prices succumbed to this week’s negative newsflow, but sentiment analysis and on-chain data point to the possibility of a short-term bounce.

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Crypto investment products saw $17M outflows last week

Digital asset investment products saw minor outflows totaling $17 million from February 27 to March 3, which marks the fourth consecutive week of outflows, according to CoinShares data. The post Crypto investment products saw $17M outflows last week appeared first on CryptoSlate.

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BNB’s network usage and key metrics have something important for you

The number of active users of BNB increased considerably last week. However, market indicators suggested a further price drop.  Token Terminal’s data revealed that Binance Coin’s [BNB] The post BNB’s network usage and key metrics have something important for you appeared first on AMBCrypto.

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BTC price: Bitcoin sees “boring action” with only $17.8M in weekly net flow

Bitcoin on-chain exchange flows were $4 billion in and $4 billion out last week, Glassnode data shows. Crypto analyst Michael van de Poppe highlights BTC’s “boring price action” as bulls struggle above $22,000.

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Ethereum price forms bearish flag ahead of a pivotal week

Ethereum price has formed a bearish flag pattern on the four-hour chart. The next key catalysts will be the Fed statement, NFP data, and consumer inflation numbers. ETH could crash to the next support level at $1,500.

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Crypto Market Forecast: Week of March 6th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, troubles at Silvergate create a bearish headwind, Beijing allows Hong Kong to embrace Bitcoin, and onchain data indicate that most bitcoins in circulating supply remain in profit.

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First Mover Asia: Bitcoin Continues to Look East for Strength

A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump.

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TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week

Blockchain data shows exchange giant Binance has been relying increasingly on TUSD after regulators clamped down on its Binance USD stablecoin.

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More than 13k wallets leave OpenSea for Blur in one week

About 13,600 wallets have migrated from the OpenSea NFT marketplace to Blur in just days, per the blockchain data analytics, Dune.

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Bets against BTC saw $10M flow into short-bitcoin funds: CoinShares

CoinShares data shows crypto investment products recorded minor outflows of $2 million. But Bitcoin saw a third straight week of outflows totaling $12 million. Short-bitcoin funds saw inflows of $10 million amid negative sentiment driven by US economic data.

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These Dates Will Be Important For Bitcoin And Crypto This Week

After the last few weeks were filled with important new macro data and statements from the Federal Reserve (Fed), this week will be much quieter and less filled with important data that could affect the Bitcoin and crypto markets.

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Crypto Market Forecast: Week of February 27th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, crypto pulls back in the face of multi-frontal regulatory attacks and hot economic data, Iraq opts to offer import settlement flexibility outside of US dollars, and economic data emerging from the USA is mixed.

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MakerDAO: Whales extend solidarity as MKR braces for key battle on this front

The MKR supply held by top addresses increased over the past week. DAI's borrowing volume failed to show appreciable growth in the past few months. According to data from Santiment, MakerDAOThe post MakerDAO: Whales extend solidarity as MKR braces for key battle on this front appeared first on AMBCrypto.

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Solana NFT Marketplace Is Seeing Less Active Users Lately – Here’s Why

Competition is heating up as the number of NFT marketplaces rises. More recent or widespread market developments may have an impact on the Solana NFT ecosystem. According to data provided by Dune Analytics, the number of people using the Solana NFT marketplace every day has been steadily decreasing since the first week of February. A […]

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Conflux Explodes To 310% Rally In Last Week – Will Chinese-Made Crypto Soar Higher?

The price of Conflux (CFX) is flying high after the network announced last week that it is joining forces with China Telecom to roll out Blockchain SIM (BSIM) cards. At the time of writing, CFX has ballooned to a commanding 310% in the last seven days, data from Coingecko shows. In the last 24 hours, […]

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Bitcoin And Crypto Face These Key Dates In The Week Ahead

Once again, this week will bring major macroeconomic data for the Bitcoin and crypto markets, which investors should pay attention to. While Bitcoin has steadily managed to break correlation with the S&P 500 and the Dollar Index (DXY) in recent weeks, it is likely that the Federal Reserve’s monetary policy will continue to have a strong […]

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Bitcoin price analysis: BTC retests $22.8k as hashrate hits 300 EH/s

Bitcoin (BTC/USD) rose on Wednesday as the crypto market strengthened following the week’s turmoil amid negative regulatory news and uncertainty across stock markets after Tuesday’s US inflation data.

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Is an Explosion of Ethereum on the Horizon? ETH Turns Deflationary Amid Rising Gas Fees

Ethereum continued its bullish climb over the weekend before stalling at the beginning of a new week. The second-largest crypto has now reclaimed the pre-FTX crash price. In just one week, the price of Ethereum has recovered by 17% and looks unstoppable to the $1,650 resistance, according to data provided by CoinMarketCap.  Meanwhile, investors would […]

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Is Money Beginning To Flow Back Into DeFi?

Ultrasound Money data reveals that there has been a surge in activity in decentralized finance (DeFi) protocols, with Uniswap leading the line. In the past week, Uniswap-related activities led the ETH “burn” leaderboard on Ultrasound Money, flipping OpenSea, the world’s leading non-fungible token (NFT) marketplace.

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Smaller exchanges see around $200M in Bitcoin withdrawn over past week

Around $200 million worth of Bitcoin (BTC) was withdrawn from smaller exchanges over the past week, according to Glassnode’s data as analyzed by CryptoSlate. The post Smaller exchanges see around $200M in Bitcoin withdrawn over past week appeared first on CryptoSlate.

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Small Cap Altcoins Outperform Bitcoin As GRT Registers 117% Gains

Data shows the small cap altcoins have continued to outperform Bitcoin and the rest of the market recently as GRT has managed 117% gains in the past week. Small Cap Altcoins Index Is Sitting At 48% Profits For The Past Month As per the latest weekly report from Arcane Research, while other sections of the market have stagnated, the small caps have still seen an upside recently.

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Cardano Whales Record Most Active Week In 9 Months, Bullish?

On-chain data shows the Cardano whales have just had their most active week in nine months. Here’s what it may mean for the asset’s price. Cardano Whale Transaction Count Has Been Elevated Recently As per data from the on-chain analytics firm Santiment, the last time similar whale activity was observed was back in May 2022.

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Crypto Market Forecast: Week of February 6th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin performance has been mixed, strong employment data emerges from the United States, the market waits expectantly for an upcoming Fed Chairman speech, and Binance is suspending US dollar transfers.

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Bitcoin Spot Volumes Remain Elevated Despite Price Stalling

Data shows the Bitcoin spot trading volumes have remained at high values during the past week despite the price mostly moving sideways. Bitcoin Spot Trading Volumes Have Stabilized Above $10 Billion As per the latest weekly report from Arcane Research, usually, the volumes drop when the BTC price starts to range.

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Dogecoin price on the rise as whale activity reaches 2-month highs

The dogecoin (DOGE) price has surged as its on-chain activity hikes. According to the on-chain intelligence platform, Santiment, DOGE whales have also been busy with the first dog-themed digital currency over the past week.

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Tezos [XTZ] holders can expect price drawback this week, here's why

XTZ's price has rallied by 61% since the year began. Daily chart readings, however, revealed that a price correction might be imminent.  According to data from the cryptocurrency price tracThe post Tezos [XTZ] holders can expect price drawback this week, here's why appeared first on AMBCrypto.

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Bitcoin dictates crypto fund flow as on-chain data suggest BTC’s worst may be…

The king coin beat other cryptocurrencies per digital asset investments in the past week. Despite hitting $23,000 on-chain data suggested that there could be a further BTC uptick. Following The post Bitcoin dictates crypto fund flow as on-chain data suggest BTC’s worst may be… appeared first on AMBCrypto.

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Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K

Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”

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Crypto Market Forecast: Week of January 23rd 2023

A curated weekly summary of forward-focused crypto news that matters. This week, driven by more positive economic data, the price momentum in crypto markets continues, BNB conducts its first coin burn of 2023 and Russia takes steps towards de-dollarization.

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Crypto Market Forecast: Week of January 23rd 2022

A curated weekly summary of forward-focused crypto news that matters. This week, The price momentum in crypto markets continues driven by more positive economic data, BNB conducts its first Coin Burn of 2023 and Russia takes steps towards de-dollarization.

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Cardano Is Buzzing With Super Bullish Activity As ADA Adoption Expands To New Realms

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Cryptocurrency price prediction: AGIX, MULTI, Aptos

Cryptocurrencies had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data. In the biggest crypto news of the week, FTX said that it had found more than $5 billion in liquid assets that it could sell.

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Price analysis 1/11: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s consumer price index data is released.

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Bitcoin Spot Volume Slightly Up After Rally, But Still Very Below H2 2022 Levels

Data shows the Bitcoin spot trading volume has slightly gone up after the rally but is still significantly lower than the average for the 2nd half of 2022. Bitcoin Spot Trading Volume Has Gone Up A Bit This Week As per the latest weekly report from Arcane Research, there has been low speculative activity in […]

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Polkadot Records New Achievements In Dev’t Activity, Pushes DOT Price Up

Polkadot (DOT) has ushered in the first week of 2023 on a strong note, rising 8% in the last seven days, data from Coingecko shows, Wednesday.   The ecosystem itself has been very bullish recently, following the trend of the crypto market.

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Top 5 Crypto To Watch As CPI Data Is Released This Week

The crypto market has been very bullish in the past week as the turn of the year sparked positive investor sentiment for the industry, especially to our top 5 crypto to watch this week. Since January 1st, the total market cap of crypto rose by 8.

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Bitcoin: This data clarifies whether investors should remain in fear or go all in

Investors remain terrified of trading BTC despite a possible bullish breakout. Altcoins dominated the market in the first week of 2023; although on-chain signals protected a BTC market balance.

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Crypto Exchange Huobi Sees $60M Token Outflows in a Day: Nansen

On-chain data shows that more than $60 million in tokens has left the exchange in the last 24 hours, while stablecoin reserves have dropped 9.5% in a week.

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FBI probing 3Commas API leak

Earlier this week, an unnamed source revealed that the Federal Bureau of Investigation (FBI) is investigating the 3Comma data breach.

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FBI Investigating 3Commas Data Breach

This week, an anonymous hacker leaked 100,000 API keys connected to the crypto trading service.

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Is USDT’s throne up for grabs in the last week of 2022? This new data suggests...

The overall stablecoin transfer volume witnesses massive growth but USDT’s volume declines USDC manages to outperform USDT in terms of transaction volume and value, however, weighted sentimenThe post Is USDT’s throne up for grabs in the last week of 2022? This new data suggests... appeared first on AMBCrypto.

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Dogecoin (DOGE) Price Is Up 5% On This News

After a tough week for Dogecoin (DOGE) investors, there was at least a small Christmas present from the European crypto exchange Bitstamp yesterday. The fifth-largest exchange by spot trading volume, according to recent data from CoinMarketCap, announced that it will list Dogecoin.

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XRP Whale Withdraws $52M From Binance, Can It Help Reverse Price?

Data shows an XRP whale has withdrawn $52 million in the token from Binance, something that might help the crypto turn around from its recent bearish trend. XRP Remains Weak, Declines Another 10% During Past Week This month of December hasn’t been kind to XRP investors as the asset’s value has only been going downhill […]

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Binance FUD Leads To Drop In Bitcoin Volume, Other Exchanges See 52% Rise

Data shows the Bitcoin trading volume on Binance has seen a decline recently as FUD around the exchange has spread, while activity has picked up on other platforms. Spot Market Excluding Binance Saw A 52% Rise In Bitcoin Trading Volume Last Week As per data from this week’s Arcane Research report, the 7-day average volume […]

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Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin

Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report from Arcane Research, the cryptocurrency market has observed a correlated decline recently, but altcoins have taken a more substantial hit.

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