Cryptocurrency Insight
On-chain data from Santiment shows that Bitcoin sharks and whales have made a buying spree of 93,000 BTC since the local top in April. Bitcoin sharks and whales have accumulated since the beginning of April According to data from on-chain analytics firm Holy, these holders Read More
Bitcoin miners have been raking in historically high amounts of transaction fees recently, but on-chain data shows that this group is still not selling. Bitcoin miners haven’t transferred much volume to exchanges recently Transaction fees on the Bitcoin network have skyrocketed recently because of increased Read More
The Bitcoin and cryptocurrency market is still in a consolidation phase, where all eyes are on the BTC price. If a breakout of the consolidation below $30,000 and subsequently a new yearly high is successful, the altcoin market could also come back to life. A Read More
On-chain data shows that the Bitcoin exchange reserve ratio for US platforms versus offshore platforms has continued to decline recently. Here’s what that tells us. Bitcoin’s FX Reserve Rate Has Been Falling for Some Time As explained by an analyst in a CryptoQuant post, the Read More
Despite the CFTC suing Binance, Bitcoin chain data has so far shown no signs of FUD developing among traders on the cryptocurrency exchange. Binance-Related Bitcoin On-Chain Metrics Are So Far All Normal Yesterday, news broke that the US Commodity Futures Trading Commission (CFTC) has filed Read More
Data from Glassnode revealed that Bitcoin supply is gradually dispersing from whales and exchanges to smaller hands over time. Bitcoin supply is slowly showing dispersion for smaller holders According to a new report published by on-chain analytics firm Glassnode, investors holding less than 50 BTC Read More