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Bitcoin On-Chain Activity Lags Behind Price Action, But Why?

Data reveals that while Bitcoin’s price is shooting up, the on-chain activity hasn’t improved much in the past week. What could be the reason behind this behavior? Bitcoin Breaks $50k, But Activity Lags Behind As per this week’s edition of the Arcane Research report, on-chain activity seems to be slow to recover despite the price of the cryptocurrency jumping high. дальше »

2021-8-24 22:00


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Bitcoin On-Chain Data Reveals Harsh Truth About Market’s Divided Direction After BTC Failed to Surge Past $30k

Bitcoin has failed to surge past $30,000 after teasing a possible jump to higher levels on the 18th of July when prices hit a daily high of $32,399. Market anxiety heightens as Bitcoin staggers downwards After closing at a low of $31,900 yesterday, it was clear that the bears rejected prices at $33,000, causing the […] дальше »

2021-7-23 16:12


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Bitcoin Price Trapped Between Key Resistance and Support Levels —Analysts Warn Losses Can Extend

Starting June 21, Bitcoin price has been trapped between $36,000 and $31,000 levels, constituting key resistance and support levels, consecutively. In addition, over the last 48 hours, Bitcoin price recorded a relatively high at around $34,200 and an intraday low of around $32,650, as per data by Coinmarketcap. Zooming out, it is easy to perceive […] дальше »

2021-7-15 18:45


Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high

Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain. дальше »

2021-6-28 15:40