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Tag: Glassnode

Bitcoin (BTC) Supply At Exchanges Hit 4-Month High, Traders Hesitant to Buy the Dips

After crashing under $50,000 earlier this week, Bitcoin (BTC) is struggling to make a move northward. The world’s largest cryptocurrency has lost its trillion-dollar status and continues to remain under pressure. At press time, Bitcoin is trading at a price of $49,023 with a market cap of $924 billion. This happens as Bitcoin inflows at

The post Bitcoin (BTC) Supply At Exchanges Hit 4-Month High, Traders Hesitant to Buy the Dips appeared first on Coingape.

How The ‘Elon Effect’ Has Affected The Bitcoin Market So Far

How The 'Elon Effect' Has Affected The Bitcoin Market So Far
The ongoing market bloodbath in the Crypto-industry has left many wondering how some of the highest losers, which includes Bitcoin, will survive going forward. Usually, a bear market is perceived as a regular phase for digital currencies, but since Bitcoin largely benefitted from Tesla’s support, there are valid reasons to question Bitcoin’s stability going forward. […]

Altcoins pop while Bitcoin looks for support near $50,000

Bitcoin bulls struggle to push BTC price above $50,000, while ADA, MATIC and other large-cap altcoins realize double-digit gains.

As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species

The number of whale wallets is down 16% since February.

Bitcoin’s On-chain Market Cycles

Bitcoin is a free market for exponential, digital monetary technology. It has attracted interest from all manner of investors ranging from the individual,...

Despite Crashing Under $50,000, Bitcoin (BTC) On-chain Fundamentals Showing Strength Once Again

On Thursday, the Bitcoin (BTC) price went crashing under $50,000 levels after Tesla announced that it’s dropping Bitcoin (BTC) payments against its car purchases. Bitcoin has lost its trillion-dollar status and continues to remain under pressure. However, there have been some positive shifts taking place in Bitcoin’s on-chain metrics despite this price crash. The Bitcoin

The post Despite Crashing Under $50,000, Bitcoin (BTC) On-chain Fundamentals Showing Strength Once Again appeared first on Coingape.

Bitcoin Whales Are Dwindling: What Does That Mean for the Market?

New data shows there are fewer Bitcoin whales now than in the past 10 months. But addresses holding smaller amounts are on the rise.

BTC On-Chain Analysis: HODL Waves Show Medium-Term Sellers

BeInCrypto takes a look at on-chain BTC data, more specifically the HODL wave and Spent Output Age Bands, in order to determine...

Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode

A wall of capital is being relocated into altcoins while Bitcoin (BTC) trades sideways, says blockchain analytics firm Glassnode. In their latest newsletter, Glassnode says that altcoins, led by Ethereum (ETH), are benefiting from Bitcoin’s lack of action and sucking in huge amounts of money. The widely-followed analytics firm says that Bitcoin’s on-chain data is […]

The post Wall of Capital Descending on Altcoins As Bitcoin Consolidates: Glassnode appeared first on The Daily Hodl.

DeFi Uncovered: The State of DeFi

In 8 short months DeFi has attracted in excess of $100B into smart contracts. These contracts express both traditional financial schemes and entirely...

Ethereum buy orders push 2021 gains to over 500%

Ethereum (ETH) recorded a new ATH on Wednesday, continuing to outperform Bitcoin in 2021…

The post Ethereum buy orders push 2021 gains to over 500% appeared first on Coin Journal.

Ethereum Market Cap Reaches New Highs, Surpasses Visa

The Ethereum market cap briefly topped $500 billion for a new all-time high. This officially made the network more valuable than Visa.

The post Ethereum Market Cap Reaches New Highs, Surpasses Visa appeared first on BeInCrypto.

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