This On-Chain Metric Spells Trouble for XRP Following SPARK Airdrop
XRP has seen some mixed price action as of late, with the cryptocurrency’s price not breaking firmly below
Read More
OnChain
‘It will send BTC’ — On-chain analyst says Bitcoin hodlers are only getting stronger
According to on-chain analyst Willy Woo, the price of Bitcoin (BTC) could achieve a "conservative" target of $200,000 in 2021. The prediction revolves around the fact that long-time investors seem more confident in the recent rally.There are two key data points that suggest Bitcoin’s ongoing rally could explode higher. First,
Read More
What Happens to Bitcoin After Big Short-Term Correction? On-Chain Analyst Explains
The price of Bitcoin dropped below $16,400 on the day following a massive short-term correction. On-chain analyst Willy
Read More
3 On-Chain Metrics Show Why Bitcoin Price Could Hit $20K
Bitcoin inched towards $18,500 on Tuesday night. A sell-off occurred, and the cryptocurrency lost its support base of
Read More
This On-Chain Metric Suggests Bitcoin is “Vulnerable” to Seeing Major Downside
Bitcoin has faced some intense buying pressure throughout the past few hours, allowing its price to see some
Read More
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
Stablecoin issuer TrustToken is bringing its proof of reserves system for TrueUSD (TUSD) collateralization levels on-chain. Adding Chainlink to an existing partnership with accounting firm Armanino makes it possible.The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins – even
Read More
Five On-Chain Indicators Investors Should Follow: Chainalysis
Analyzing cryptocurrency markets may seem easier than traditional markets because blockchain technology has more built-in transparency, enabling anyone to analyze and audit on-chain data. Simultaneously, however, there are challenges to zeroing in on forward-looking numbers that give insights into current and future price trends. Philip Gradwell, chief economist at the blockchain
Read More
Two Strong Ethereum On-Chain Trends Suggest the Trend Is Bullish
Ethereum has undergone a strong rally over the past few days amid a Bitcoin push higher. In the
Read More
On-Chain Data Finds OKEx Holds $2.3 Billion Worth of Bitcoin
According to the researchers at Glassnode, OKEx holds $2.3 billion worth of Bitcoin. The report comes after the
Read MoreEthereum’s on-chain activity surges and bullish sentiment spikes
The 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
Read More