How Bitcoin's small addresses helped defy the bear market

2023-6-5 09:30

Bitcoin defied the bear market with record-high addresses and ongoing accumulation trends. Undervaluation persisted as price showed signs of a rebound and positive flows across exchanges. ReThe post How Bitcoin's small addresses helped defy the bear market appeared first on AMBCrypto.

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market addresses bear bitcoin helped small defy

Источник: ambcrypto.com

market addresses → Результатов: 126


Bitcoin roundup: active addresses fall, market makers scale back, price softens

Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week   We wrote last week that nearly one million addresses on the Bitcoin network now […] The post Bitcoin roundup: active addresses fall, market makers scale back, price softens appeared first on CoinJournal.

2023-5-15 16:57


Number of Bitcoin addresses holding 0.01 BTC hits a record high, As DigiToads on track to be the most successful presale of the decade

The crypto industry has greatly contributed to the growth of the world’s financial market, as new and old cryptocurrencies with promising growth potential provide investors with great profits. Recently, revolutionary events involving Bitcoin (BTC) and a new cryptocurrency called DigiToads (TOADS) have taken the crypto world by storm. Bitcoin is one of the biggest DeFi […]

2023-5-14 00:00


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Bitcoin addresses take an extreme nose dive

Bitcoin's record transaction counts due to the rise of BRC-20 tokens have revealed an intriguing anomaly: a negative correlation between transactions and active/new addresses. As these addresses hover around the 365-DMA, it begs the question: what's causing this unusual disconnect between transaction counts and address activity? Find out the hidden factors at play, and uncover how this could impact the future of the crypto market.

2023-5-8 15:30


Ethereum Exchange Inflows Trigger Drop Below $2,080: Will It Slide Lower This Week?

Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses.   According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark.

2023-4-27 14:13


This Bitcoin Metric Is Forming A ‘Triple Bottom,’ Here’s What Happened Last Time

On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an analyst in a CryptoQuant post, the price of the cryptocurrency saw a sharp increase when this kind of triple bottom structure took shape back during the 2018-2019 bear market.

2023-3-7 22:30


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