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Category: Nate Maddrey
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Bitcoin Taps $48K- Traders Discuss Overheated Stats and a Possible Chinese New Year Dump
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Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
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Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open
While bitcoin and a number of digital assets set new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there’s been a lot of bitcoin buying action during U.S. market hours. Data shows that between East Asia and North America, the two regions account for close to half of all the […]
The post Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open appeared first on Bitcoin News.
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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. Coin Metrics researchers and Nate Maddrey […]
The post Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot appeared first on Bitcoin News.
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Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term holders.” Further, an analyst at Unchained Capital agreed with Coin Metrics’ findings and […]
The post Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors appeared first on Bitcoin News.
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HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years
According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has not moved onchain in more than two years. The metric is the largest number since June 2017 and the study notes that “HODL waves” have grown larger. Also Read: Get Ready for the […]
The post HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years appeared first on Bitcoin News.
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