New report suggests Ethereum holders, DeFi helping ETH from crashing below $1.7K
Total value locked across decentralized finance-enabled smart contracts has dipped 35% from its peak. Go to Source Powered by WPeMatico
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3 on-chain indicators suggest the Bitcoin price sell-off is losing steam
As Bitcoin price shows new signs of bullish momentum, data from various on-chain indicators suggest that the current sell-off is reaching an end. Go to Source Powered by WPeMatico
Bitcoin accumulation uptrend can create a 2013-style BTC price ‘double pump’
Long-term Bitcoin holders remain unfazed by the recent sell-off, but there is still one alarming sign. Go to Source Powered by WPeMatico
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses Hit New Highs Bitcoin (BTC) prices slid from … Read more
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. Go to Source Powered by WPeMatico
BTC sinks below $40K, Bitcoin inflows to centralized exchanges surge
High Bitcoin inflows to centralized exchanges have prompted predictions of further bearish momentum on social media. Go to Source Powered by WPeMatico
1.1M noobs panic sell, but Bitcoin hodlers DGAF
Weak hands are panic selling, but long-term BTC holders have seen it all before. Go to Source Powered by WPeMatico
Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations
The price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data … Read more
ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low
Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH has declined steadily in recent months. Go to Source Powered by WPeMatico
Almost twice as much ETH locked in DeFi as on exchanges: Glassnode
While the amount of ETH locked in DeFi protocols is up 75% since the start of 2020, the sum of Ether held on centralized exchanges has fallen by 30% over the same period. Go to Source Powered by WPeMatico
