On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price. Litecoin Transactions Valued Higher Than $1 Million Have Surged According to data from the on-chain analytics firm Santiment, Read More
Bitcoin: Which Cohorts Are Selling, And Which Are Buying?
On-chain analytic firm Glassnode has broken down which Bitcoin cohorts have been accumulating and which have been distributed during the past year. Bitcoin Whales Distributed Coins Equivalent To 60% Of Mined Supply In The Last 12 Months As per data Read More
Bitcoin Short-Term Holders Take Profits, Will BTC Correct?
On-chain data shows Bitcoin short-term holder profit-taking has spiked, will this lead to a correction in the price of the crypto? Bitcoin Short-Term Holder SOPR Has Surged Recently As pointed out by an analyst in a CryptoQuant post, instances of Read More
Litecoin Adoption Accelerates, Outpaces Ethereum In Total Addresses | Bitcoinist.com
Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin Has Continued To See Rapid Adoption Recently As per a tweet from the director of the Litecoin Foundation, LTC’s growth Read More
Bitcoin Correlation With Nasdaq Now Lowest Since Dec 2021
Data shows that Bitcoin’s correlation with Nasdaq has fallen to the lowest since December 2021 as BTC continues its strong momentum. Bitcoin’s 30-Day Correlation With Nasdaq Plunges To Just 0.29 According to the latest weekly report from Arcane Research, movements Read More
XRP Whale Withdraws $38M From Binance, Bullish?
Data shows an XRP whale has taken out $38 million from the crypto exchange Binance. Can this be a bullish signal for the crypto’s price? XRP Whale Has Withdrawn Almost $38 Million From Binance As per data from the crypto Read More
Bitcoin Bullish: Large Whales Accumulated 37.1k BTC Recently
On-chain data shows large Bitcoin whales have finally started accumulating in the last 10 days as BTC has rallied strong. Large Bitcoin Whales Have Added 37,100 BTC To Their Holdings In Recent Days As per data from the on-chain analytics Read More
Bitcoin Holders Who Bought In Last 5 Months Now In Profit
On-chain data shows that the average Bitcoin short-term holder is back in profit as BTC continues the sharp upwards momentum. Bitcoin Is Now Above Short-Term Holder Realized Price As per data from the on-chain analytics firm Glassnode, the BTC price Read More
Chainlink Bullish: LINK Address Activity Back At 2021 Levels
Data shows Chainlink address activity has returned to 2021 levels recently, a sign that could turn out to be bullish for the asset’s value. Chainlink Daily Active Addresses At High Levels Recently According to data from the on-chain analytics firm Read More
Altcoin Dominance Highest Since Jan 2021, Trouble For BTC?
On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a Read More
Is The Bitcoin Bottom In? Here’s What aSOPR Metric Suggests
A quant has explained using past trends of the Bitcoin adjusted Spent Output Profit Ratio (aSOPR) whether the current cycle has yet met all the bottom conditions. Bitcoin aSOPR EMAs Are Approaching Golden Cross As an analyst in a CryptoQuant Read More
Bitcoin Exchange Deposit Transfers At 4-Year Low, Bottom?
On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined As pointed out by an analyst in a CryptoQuant post, the Read More
Altcoin Dominance Exceeds 50%, What This Means For Bitcoin
On-chain data shows the trading dominance of altcoins is now more than 50%; here’s what this may mean for Bitcoin. Altcoin Trading Dominance Has Increased To More Than 50% As pointed out by an analyst in a CryptoQuant post, sustainable Read More
Quant Explains How Bitcoin MVRV MACD Can Signal Trends
A quant has broken down how the Bitcoin MVRV MACD oscillator could be used to check for signals in the price. Bitcoin MVRV MACD Oscillator As Price indicator As explained by an analyst in a CryptoQuant post, this metric can Read More
Polygon Rises 3% In Last 24 Hours As Whales Buy MATIC
Polygon has surged 3% in the last 24 hours as data shows Ethereum whales have been shopping up MATIC this New Year. 500 Biggest Ethereum Whales Have MATIC In Their Top 10 Purchased List 2022 was an abysmal year for Read More
Ethereum Ends 2022 With ATH Correlation To Bitcoin
Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global markets Read More
Metaverse: The Biggest Loser Of 2022 In Crypto Sector
Report shows Metaverse, the killer narrative of 2021, turned out to be the biggest loser in the crypto sector this year. Metaverse Observes Drawdown Of 89% Over The Year 2022 As per the year-end report by Arcane Research, both the Read More
Crypto Firms Underperform Bitcoin In 2022, Miners Hit Worst
Data shows almost all the big public crypto companies have underperformed Bitcoin this year, with the mining firms taking an especially hard hit. Most Public Mining Companies Saw Drawdowns Of 90% Or More In 2022 As per the year-end report Read More
Ethereum DeFi Suffered 76% Decline In TVL This Year
Data shows the bear market has also hit Ethereum decentralized finance (DeFi) hard, as the total value locked in the sector has declined by 76%. Total Value Locked In Ethereum DeFi Now Only Around $23.1 Billion Decentralized Finance (or DeFi Read More
Bitcoin Interexchange Flow About To Reverse, What It Means
On-chain data shows the Bitcoin Interexchange Flow Pulse is about to see a trend reversal, here’s what it may mean for the crypto’s price. Bitcoin Interexchange Flow Pulse Is Crossing Over Its 90-Day MA As per CryptoQuant’s on-chain year-end dashboard Read More