Cryptocurrency Insight
The on-chain data shows a trend in the current Bitcoin cycle that differs from the pattern followed in previous epochs. More Bitcoin has left exchanges during the current cycle so far According to data from on-chain analytics firm glassnode, previous cycles saw the balance on Read More
Bitcoin’s current cycle is now 75% on its way to the next halving. See what previous cycles looked like at similar stages on your timeline. Bitcoin’s current halving cycle has reached the 75% milestone The “halving” refers to a periodic event where cryptocurrency block rewards Read More
Bitcoin bulls may be preparing to charge significantly higher, according to a high-term momentum measurement tool. The technical indicator has just entered bullish territory, and if confirmed, it would be the third time in the major cryptocurrency’s history that such a signal has been triggered Read More
Bitcoin’s difficulty-adjusted puell multiple has been below one recently, which is why this might suggest that BTC miners are still under pressure. Puell multiple adjusted for Bitcoin difficulty yet to exceed 1 according to a investigator At on-chain analytics firm Glassnode, miners are still earning Read More
The Bitcoin and crypto market suffered a pullback in early trading in Asia. BTC price briefly dropped 2.2% and initially stabilized above $27,700 at press time. The broader crypto market has followed suit and is also in the red. The reason for the drop in Read More
XRP, the cryptocurrency of the Ripple network, has experienced a significant price increase in recent weeks, recording a 14% increase in the last week alone. This marks an appreciation of more than 40% of the asset in the last 30 days, positioning it as the Read More
While the US banking crisis seems to be getting worse by the day, the cryptocurrency market, including Bitcoin (BTC), has reacted to it in a positive manner. In recent weeks, BTC has risen by almost 40% despite the condition of the financial sector. According to Read More
As the current Bitcoin halving cycle continues to progress, see what previous cycles looked like at similar points in its lifespan. Bitcoin’s last cycle recently passed the 150,000 block milestone A “halving” is a periodic event where Bitcoin mining rewards (i.e. the block rewards miners Read More
Cycle expert Bob Loukas recently shared a long-term view of Bitcoin, which suggests the top cryptocurrency is poised for another uptrend. However, an equity-driven “bump” remains in the way. In this post, we will explain what Loukas means and what can happen when this obstacle Read More