The last two weeks have been a nightmare for the entire crypto space as crypto investors were forced to liquidate their massive holdings in...

On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price...

FTX’s failure to keep its sister company Alameda Research solvent and the subsequent collapse of both companies is likely the result of the liquidity...

Polkadot price has retraced on its chart over the last 24 hours. The coin has started to register sideways movement on its one-day chart. During this period, the coin lost close to 2% of its market value. In the last week, DOT registered more than 6% appreciation, which caused the bulls to gain stamina and…

The post Polkadot Price Depreciates, Will The Bulls Be Able To Defend This Support Line? appeared first on Bitcoin News Miner.

The development of an Ethereum Virtual Machine-compatible sidechain for the XRP Ledger, the native network of the $XRP token, could be “very bullish” for the cryptocurrency, as it has been for some of its competitors. According to the pseudonymous analyst known as Guy, who shared his thoughts on a YouTube video to his over 2 […]

On-chain data shows some dormant Bitcoin supply is again moving into exchanges, something that could be bearish for the price of the crypto. Bitcoin Exchange Inflow For Old Coins Has Observed Spikes In Recent Days As pointed out by an analyst in a CryptoQuant post, some coins in the age ranges 2y-3y and 3y-5y have recently been deposited to exchanges. The “exchange inflow” is an indicator that measures the total amount of Bitcoin being transferred into the wallets of all centralized exchanges. When the value of this metric is high, it means investors are depositing large amounts to exchanges right now. Such a trend, when prolonged, can prove to be bearish for the value of the crypto as it can be a sign of dumping from holders. A modified version of this indicator is the exchange inflow “Spent Output Age Bands” (SOAB), which tells us about the individual contribution to the total inflows from the different supply groups in the market. Related Reading: Data: Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong These cohorts are categorized based on the amount of time their coins have been sitting still for. The relevant age bands here are “2y-3y” and “3y-5y”; the below chart shows the trend in the exchange inflows coming from these supplies: Looks like the value of the metric for these cohorts has been raised in recent days | Source: CryptoQuant As you can see in the above graph, the Bitcoin exchange inflow SOAB has spiked up for these coin groups during the last couple of days or so. This means that some investors have been depositing sizeable amounts of coins aged between 2 to 3 years and those between 3 to 5 years. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown Such old supply is called the “long-term holder” supply. In general, the older the coins are, the less probable they are to move at any point. So, any movement from these coins, especially those to exchanges, may have noticeable implications on the price of Bitcoin. BTC Price At the time of writing, Bitcoin’s price floats around $19.1k, up 1% in the last seven days. Over the past month, the crypto has lost 1% in value. The below chart shows the trend in the price of the coin over the last five days. The value of the crypto seems to have rebounded back from the dip a couple of days ago | Source: BTCUSD on TradingView Bitcoin has continued to show stale price movement in the past week as the crypto has been mostly sticking around the $19k level. Two days or so ago BTC did make an attempt to break the monotony by plunging below to $18.7k, but it wasn’t long before the coin was back at $19k. Featured image from Max Saeling on Unsplash.com, charts from TradingView.com, CryptoQuant.com

The ObservatoryItaly’s Crowd-investing industry is in good health. Compared to a year ago, funding in the Italian crowd-investing industry is up 27 percent with...

<!-- --> Institutional investors sent yearly records of capital flows to the crypto markets last week, with an overwhelming focus on...

The market continues to be in disarray as the price of bitcoin has now fallen to the low $30,000s. This had been preceded by...

Utilizing NFTs as a new revenue stream and esports could generate entirely new inflows of funds that could grow brands and expand influence.

With Bitcoin closing in above the $42,000-mark, Dogecoin witnessed a jump above its 4-hour 20/50 EMA. But the bulls still needed to ramp up the money inflows into the crypto to maintain its ongoing comeback. Moreover, Ethereum Classic hit its four-month high on 23 March while now displaying overbought signals on its technicals. Similarly, Fantom’s […]

A leading digital assets manager says crypto investment products suffered nearly $50,000,000 in outflows last week despite inflows to altcoins. In the latest Digital Asset Fund Flows Weekly report, CoinShares says most of last week’s outflows originated in North America. “Digital asset investment products saw outflows for the second consecutive week, totaling US$47m last week. The […]

The post Institutions Going for XRP, Polkadot and One Ethereum Challenger As War Jitters Spark Uncertainty: CoinShares appeared first on The Daily Hodl.