Tags : Onchain

Bitcoin

Bitcoin (BTC) on-chain analyst reveals quick time period ‘bearish outlook’

As Bitcoin dips again beneath $50,000, knowledge is rising of a potential short-term bearish outlook. Bitcoin provide shock dynamics Will Clemente, self-described as a “Lead Insights Analyst,” anticipates short-term bearish motion for the Bitcoin worth. This, he explains, is because of three components – a drop in illiquid provide ratio, BTC inflows into exchanges, plus […]Read More

Cryptocurrency

Cardano (ADA) jumps 8% in 24 hours, however what does

Cardano (ADA) jumps 8% in 24 hours, however what does on-chain sentiment knowledge present? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest ADA, the native token of sensible contract platform Cardano, jumped 8% up to now day amidst rising public sentiment for the broader ecosystem, knowledge […]Read More

Bitcoin

Bitcoin inches to $61,000, however on-chain knowledge turns ‘largely bearish’

Bitcoin inched nearer to its $61,711 all-time excessive value over the weekend amidst robust adoption and favorable sentiment for the world’s largest cryptocurrency by market cap. Booming Bitcoin and uptrending charts A number of corporations have dipped into the asset final yr, with names like enterprise analytics agency MicroStrategy and electrical maker Tesla selecting up […]Read More

Cryptocurrency

On-chain information reveals Bitcoin miners are HODLers and accumulating

Bitcoin miners are accumulating the asset on the present value vary towards a usually bullish backdrop and rising demand for the world’s largest cryptocurrency by market cap. When miners HODL Information from on-chain analytics platform Glassnode for the ‘Miner Web Place’ metric—which tracks miner addresses to point out inflows/outflows—confirmed most miners had been internet holders […]Read More