Cryptocurrency Market News
Rapid $500M Crypto Liquidations Shake Markets on Wednesday! According to crypto analyist on X Bullion, this is the second largest alt liquidation in 2 years, not just bitcoin. Let’s look at onchain data analysis site Cryptoquant. Bitcoin open …
BTC Whale Activity The flow of whales we see in Blocktrends Research is similar. The number of addresses of whales holding more than 1000 BTC is constantly increasing. According to Glassnode data, the number of such addresses has …
Bull Market in 2024? Recent on-chain indicators suggest that Bitcoin is not yet overvalued and could continue to rise next year. Bitcoin’s strong gains this week were met with resistance and a brief pause. After hitting a yearly …
Coinbase to Binance The crypto market is currently experiencing shifts in institutional interest and holdings, with a particular focus on the potential approval of a spot bitcoin ETF and its wider implications for traditional markets and decentralised finance. …
BTC Bullish: Trades sideways, but optimism prevails As bitcoin continues to trade sideways, optimistic analysis continues. According to CoinmarketCap, BTC is worth $36,174. It is up 1.55% since yesterday. According to CryptoQuant, the Coinbase Premium Index shows …
Ethereum whale activity has Increased. The Ethereum market is experiencing increased options trading, growing institutional interest, and continued bullish sentiment, with whales holding onto their positions. The involvement of large institutional players like BlackRock and the narrowing discount …
FTT Hits Yearly High The price of FTT, the exchange token for bankrupt cryptocurrency exchange FTX, is rising daily, hitting a new high the day before on expectations that FTX will reopen. FTT has soared in the two …
According to the latest data from Cryptoquant, open interest reached 9.902 billion last Wednesday, seemingly in line with the recent surge in the price of bitcoin (BTC). This was the first time such a figure had been reached …
Bitcoin miner profits: on the rise The Bitcoin Difficulty Adjusted Puell Multiple indicator recently broke above 1, which could mean increased profits for miners, less selling pressure and more stability for the Bitcoin market. This indicator shows the …
Bitcoin Ordinals Inscriptions The Bitcoin Ordinals and Taproot Assets protocols open up new possibilities for Bitcoin, including on-chain articles and stablecoins on the Bitcoin blockchain. Bitcoin Ordinals transactions were launched in the first quarter of last year …