Cryptocurrency Analysis and News Portal
The barter system, where you trade your cow for someone else’s grains, for instance, is probably older than you think. It has its roots dating back to 6000 BC when Mesopotamian tribes first made exchanges with other groups. Those methods of exchange worked well before things like the Internet or decentralized
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It becomes the sixth blockchain to be supported by the popular data platform. Original Source
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Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent.In its weekly analytics report on Feb. 21, on-chain metrics firm Glassnode said that Bitcoin bulls “face a number of headwinds,” referring to increasingly bearish network data.The researchers pointed at the
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DIA, the open source data platform for decentralised finance and the UK FCA-regulated crypto index provider CF Benchmarks announced today that they will make CF Benchmarks’ crypto index reference prices available via the DIA oracle suite. With a total settlement volume of more than $500bn since its inception in 2017, UK-based
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"Sophisticated passive buying" on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold storage.Adjusted Bitcoin supply shock. Source: Willy WooThe price recovery witnessed in the Bitcoin market across the last two weeks coincided with a rise in hodlers and speculative investors selling their coins, according
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Bitcoin on-chain analysis can be a good way to try to guess where the market is headed. The market tends to repeat itself with metrics looking the same before a bull or a bear rally, thus making this data a pretty good indicator of what’s to come. Analyst Willy Woo
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Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels. Speaking on the What Bitcoin Did podcast hosted by Peter McCormack on Jan. 30, Woo cited key metrics such as a strong
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Onchain analyst claims that Crypto.com's loss in the latest security breach might have been worth more than the reported $15 million.Pseudonymous ErgoBTC, an on-chain analyst at Bitcoin (BTC) research firm OXT Research, claims that the Crypto.com security breach that was said to have resulted in the loss of 4.6K ETH
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New data shows that Bitcoin (BTC) miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the current prices are not for selling.Analyzing its miner net position change indicator on Jan. 11, on-chain analytics firm Glassnode revealed what popular
Read MoreThe latest findings by Santiment, published in Cryptox Consulting’s biweekly newsletter, indicates that discussions around Ethereum have switched from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token's price.Ethereum’s on-chain activity, measured by unique daily addresses, has rebounded from its nose dive at the end
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