Cryptocurrency Insight
On-chain data from Santiment shows that Bitcoin whales have bought around $1.8 billion worth of BTC since the recent rally above the $30,000 level. Bitcoin whales have accumulated 64,000 BTC in the last two weeks According to data from on-chain analytics firm Holy, the BTC Read More
Bitcoin (BTC) investors are showing a high level of optimism despite recent price volatility, with the Fear & Greed Index tracked by Coinstat Explorer indicating strong and upbeat market sentiment. Currently, at 64, the index is very close to the high of the year, suggesting Read More
Bitcoin, the digital currency that was once considered a volatile investment, has found a surprising ally in the form of an age-old commodity: gold. Since March, the correlation between the alpha cryptocurrency and the precious metal has steadily increased, providing investors with a safe haven Read More
Crypto investors are becoming more greedy as Bitcoin price breaks the $28,000 resistance. The Crypto Fear & Greed Index has now returned to levels not seen since November 2021, which was around the time the BTC price hit its all-time high. Crypto investors are very Read More
The Crypto Fear and Greed Index, a measure of market sentiment towards cryptocurrencies, hit its all-time high this year, reaching a score not seen since November 2021, when Bitcoin hit an all-time high. The index, which ranges from 0 to 100 and is based on Read More
Data shows that Bitcoin’s average transaction count has risen to the highest level since April 2021, indicating that the asset’s price may be on the rise. Bitcoin transactions are happening at an average rate of 309,500 per day According to Glassnode’s latest weekly report, the Read More
Data shows that Bitcoin spot trading volumes hit a new yearly high last week as the cryptocurrency’s price took a volatile turn. Bitcoin spot trading volume hit a new high for 2023 According to Arcane Research’s latest weekly report, the 7-day average daily trading volume Read More