Cryptoquant – Page 2

Ethereum eyes mini breakout above $3K as Coinbase ETH outflows hit new record

Macro headwinds continue to hamper Ethereum’s long-term upside prospects.

$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price

BTC bulls are looking at a $300 million loss after last week’s 11.5% correction set them up as the losers of Friday’s $1.1 billion options expiry.

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Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows

Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading.

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Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high

The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo.

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Everyone is buying the dip, but are they all buying BTC?

Despite Glassnode charts showing Bitcoiners are filling their bags, exchanges are seeing record inflows as investors trade their BTC for ETH.

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Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round

On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm […]

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Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap

Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out in the wild today as the bitcoin-pegged […]

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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip

After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip. Strong Hands Accumulating In his tweet on […]

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Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses

Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital […]

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Going long: 270K Bitcoin moved into storage in a month

Investors are in it for the long run, locking 270,000 BTC away over the last 30 days.

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