Cryptocurrency Analysis and News Portal
Bitcoin on-chain data shows current trend with the short-term holder SOPR looks similar to that in June. This may mean that a bear period similar to then has started. Bitcoin Short-Term Holders Continue To Realize Losses As pointed out by an analyst in a CryptoQuant post, Bitcoin short-term holders have continued to
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The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or
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Quant says some Bitcoin indicators show the same trend as in during Q4 2020, suggesting that BTC could make a similar move up. Bitcoin Netflow And Stablecoins Supply Ratio Trends Look Similar To Q4 2020 As explained by an analyst in a CryptoQuant post, two BTC indicators: the netflow and the stablecoins
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The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m. (EST), the Solana validator community “successfully completed a restart of Mainnet Beta.” Solana Validators Restart Mainnet Beta Solana is now a member of the club of blockchains that have
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As Bitcoin finally breaks $50k, on-chain data shows BTC indicators look similar to the rally that lead to the ATH earlier in the year. Bitcoin Indicators May Suggest A Repeat Of The ATH Rally From Earlier In 2021 As pointed out by a CryptoQuant post, the derivative exchanges’ reserve has been going
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Binance has expanded its crypto derivatives shutdown net to include Hong Kong, after stopping trading in Germany, Italy, and the Netherlands.On Friday, Binance Holdings Ltd said new users in Hong Kong will no longer be able to trade derivatives products. Also, existing users of the platform will have 90 days
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Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in 2020.According to a July report from Xangle Research on Decentralized Finance (DeFi) in Q2 2020, research analyst Jehn Kim determined
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After pushing as high as $9,300, Bitcoin bulls faced yet another strong sell-off on Thursday. The cryptocurrency slid from that local high to a low of ~$8,930 in a number of hours in a move that liquidated dozens of millions.Despite this drop, there remain multiple valid analyses indicating that Bitcoin
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The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in the cryptocurrency market in recent months.Glassnode said:“Bitcoin's Realized Cap has hit a new all time high.
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It has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks.A similar situation to what happened in 2013, when Bitcoin price hit its maximum of that period
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