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Ethereum is back in the spotlight after surging as high as $195 in the last 24 hours. The bullish impulse saw more than 220,000 addresses that had a balance in Ether go to zero, based on IntoTheBlock’s “Daily Active Addresses” model.The selling pressure has been so significant that the drop
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Cryptocurrency analytics firm Coin Metrics has closed a Series A funding round worth $6 million.In a blog post on March 26, Coin Metrics said the round was led by Highland Capital Partners and the $6 million investment would be used to grow the firm’s team, expand their product offerings
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Blockchain analysis company Coin Metrics has found that while Bitcoin (BTC) was experiencing its biggest daily drop in the last seven years, stablecoins reaped the benefits. Coin Metrics, which conducts analysis of various aspects of cryptocurrency tokens, released their State of the Network report on March 23. The report focused
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Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return of over 11%.Cryptocurrency market daily performance. Source: Coin360The recent market turmoil,
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Compared to the trading action of earlier this week, Bitcoin’s (BTC) price was relatively muted on Saturday as the digital asset traded between $5,045 and $5,641. Although the digital asset dropped more than 50.8% on March 12, it has since regained 37.5% to trade at $5,200. Crypto market daily price
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On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from CryptoX contributor filbfilb to veteran commodities trader Peter Brandt all pointed to a popular logarithmic model that stressed the importance of
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As prices slowly recover following a rough November, metrics for bitcoin and Ethereum illustrate positive industry sentiment moving forward.These metrics include measures related to active addresses, fees, movement, mining, and more, as outlined in Coin Metrics’ State of the Network: Issue 28.Ethereum Activity In the past 24 hours, over 70,000
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Whilst the Bitcoin price (BTC) action may seem bearish to some, the leading digital asset has several bullish indicators that hint towards an imminent recovery.As Bitcoin enters the last month of 2019, will the king of cryptocurrencies finish on a bullish rally, or fall to a yearly low?Daily crypto
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Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital asset will bottom.Over the weekend, the price attempted to recover from the dip to $8,600 and a quick pop to $9,141
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The store of value narrative for Bitcoin has been gaining a solid amount of traction over the years, notably naysayers have used the supposed lack of solid data to deny the benefits of Bitcoin in an investment portfolio. New research from VanEck suggests that this is completely wrong, as there
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