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New Demand Expected To Change Bitcoin’s Market Structure Significantly

Bitcoin has been witnessing a renewed short-term market recovery characterized by new demand from a category of new investors expecting to make some money from the current price pump. According to a recent on-chain metrics analysis by Glassnode, this is likely to spark a new market cycle and see Bitcoin moving further away from the […] дальше »

2023-2-11 00:20


If all Bitcoin was sold today, the profit would be $2,500: An on-chain analysis

Key Takeaways The net unrealised profit/loss of all Bitcoins is currently 0.11 BTC, or $2,500 The profit has been positive since January 13th, having been negative for most of the prior 6 months Two-thirds of the Bitcoin supply is in profit, despite prices remaining nearly 70% off all-time highs Whatever you think of Bitcoin as […] The post If all Bitcoin was sold today, the profit would be $2,500: An on-chain analysis appeared first on CoinJournal. дальше »

2023-2-10 13:15


Bitcoin Activity Hits Highest Since May 2021 As NFTs Gain Steam

On-chain data shows that Bitcoin network activity is now at its highest level since May 2021 as Ordinals NFTs have been rapidly gaining popularity. CryptoQuant’s Bitcoin Network Activity Index Has Shot Up Recently As per data from the on-chain analytics firm CryptoQuant, the BTC network has seen a significant uptick in activity. The relevant indicator […] дальше »

2023-2-10 17:30


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Cardano Whales, Sharks Have Accumulated 406M ADA In 2023: Santiment

Data from Santiment shows Cardano whales and sharks have been busy accumulating this year as they have added almost 406 million ADA to their holdings. Cardano Whales And Sharks Have Been Accumulating Since The Start Of 2023 As per data from the on-chain analytics firm Santiment, whale transaction activity has recently been the highest for the coin since the collapse of the crypto exchange FTX. дальше »

2023-2-6 16:00


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Ethereum Bearish Signal: Profit-Taking Hits Highest Level Since Feb 2021

On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain analytics firm Santiment, this profit-taking may suggest that the holders don’t believe the rally would last too long. дальше »

2023-2-3 16:16


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Dogecoin Bullish Signal: On-Chain Activity Shows “Major Boost”

Data shows Dogecoin has seen a major boost in its on-chain metrics recently, something that may be bullish for the meme coin’s price. Dogecoin Whale Transactions And Active Addresses Have Surged Recently According to data from the on-chain analytics firm Santiment, a couple of DOGE on-chain metrics are at two-month highs right now. The relevant […] дальше »

2023-2-2 18:30