Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Go to Source Powered by WPeMatico
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Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there’s a catch. Go to Source Powered by WPeMatico
Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2. Go to Source Powered by WPeMatico
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue. Go to Source Powered by WPeMatico
Price analysis 7/14: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin and most major altcoins are bouncing off strong support levels, indicating possible accumulation by the bulls. Go to Source Powered by WPeMatico
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. Go to Source Powered by WPeMatico
Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Go to Source Powered by WPeMatico
Nonfungible tokens soar even as Bitcoin price drops close to $32,000
Data from Cointelegraph Markets Pro shows NFT-related platforms like AUDIO, AXS and SLP as the top 24-hour gainers of the day. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
Signs of BTC accumulation begin to emerge as the network’s hashrate rises and exchange outflows increase in July. Go to Source Powered by WPeMatico