Cryptocurrency Analysis and News Portal
In a business school lecture hall at the Massachusetts Institute of Technology (MIT), a senior executive for Safaricom gave a prediction of decentralized finance and the future of commerce to a room of keen but confused MBA students. “You will be able to buy your first home on WhatsApp! Smart
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On-chain data shows Bitcoin netflows are still deeply negative, a sign that means BTC remains bullish. This is despite the dip to $44k. Exchanges Observe Deeply Negative Bitcoin Netflow As per a CryptoQuant post, the Bitcoin netflow indicator has been deeply negative recently, suggesting that signs are still overall bullish for the
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The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple
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Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two weekends have seen bitcoin prices adding at least $4,000
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Bitcoin (BTC) touched $40,370 on July 26 as a solid day of gains saw the return of a major price milestone. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewBTC price daily gains near 20%Data from Cointelegraph Markets Pro and TradingView showed BTC/USD touching $40,400 before consolidating nearby later on Monday.The pair had held
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Bitcoin on-chain data shows that miners have transferred a huge amount of coins to cryptocurrency exchanges. On-chain Data Suggests Miners Transferred 11,816 BTC To Exchanges As pointed out by a CryptoQuant post, 20 July saw a huge outflow from Bitcoin miners. The total outflow from that day is around 12k. Here is a
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Bitcoin at $53k is the most significant on-chain support since $11kAt the $53k price zone, Bitcoin maintains a $1 Trillion market capBitcoin miners have returned to accumulating BTCBitcoin held by OTC desks has been dropping and confirms demand by large buyersThe team at Glassnode has released their weekly On-Chain report.
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The research points that around 12 Doge addresses account for approximately 68% of the total circulating supply.After pumping more than 120X since the beginning of the year, on-chain data now points towards Doge whales are behind the spectacular rally that has shadowed the rest of the crypto assets.According to a
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Bitcoin has adequate on-chain support at $47kA drop below this level opens the doors to $45k and belowIf Bitcoin fails to hold the $50k price area during the weekly close, chances are that BTC goes lower to $44k or even $43kBitcoin has strong on-chain support at $47k. This support zone
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