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3232After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
https://www.digit.info/after-btc-slid-by-14-onchain-analyst-says-a-us-based-institution-is-currently-buying-the-dip/
Wed, 24 Mar 2021 12:15:48 +0000https://www.digit.info/2021/03/24/after-btc-slid-by-14-onchain-analyst-says-a-us-based-institution-is-currently-buying-the-dip/Read more]]>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 […]
]]>Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
https://www.digit.info/report-declining-btc-stablecoin-supply-ratio-suggests-exchanges-are-highly-liquid-ready-to-buy-crypto-assets/
Wed, 03 Feb 2021 07:30:23 +0000https://www.digit.info/2021/02/03/report-declining-btc-stablecoin-supply-ratio-suggests-exchanges-are-highly-liquid-ready-to-buy-crypto-assets/Read more]]>According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.” Stablecoin Supply Growth As explained in the report, the SSR is a […]
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 […]
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.” Stablecoin Supply Growth As explained in the report, the SSR is a […]