Cryptocurrency Insight
Data from Glassnode shows that Bitcoin transfer volume is still 79% lower than what was seen during the 2021 bull run. Bitcoin Transfer Volume Remains Low Despite Rally According to data from on-chain analytics firm glassnode, the total transfer volume on the BTC network is Read More
The crypto market has slowed down significantly over the past week and digital assets in the space are suffering as a result. However, while times like these can be disheartening for investors, they also present a unique opportunity to enter the market at low, favorable Read More
A pattern in the Bitcoin exchange reserve rate that historically preceded the start of bull runs has yet to form for the cryptocurrency. Bitcoin’s FX Reserve Rate Has Continued to Decline Recently As pointed out by an analyst in a CryptoQuant post, bull markets in Read More
Bitcoin’s hashrate has continued its recent climb, reaching new dramatic highs. The top digital asset by market capitalization experienced a big rally, bringing positive sentiment. This led to more miners connecting to the Bitcoin network and a new all-time high of 400 EH/s in the Read More
The price of Bitcoin is currently on the rise, rising over 20% since last Friday. The rally could be due to a new bull narrative possibly brewing: using BTC to win bank runs – a situation that is playing out in the United States currently. Read More
The establishment of Hong Kong as a crypto hub is a development that could have the potential to trigger a new Bitcoin bull market. As Bitcoinist reported, cryptocurrency exchanges in Hong Kong can obtain a Virtual Asset Service Providers (VASP) license to legally operate in Read More