Cryptocurrency Insight
On-chain data shows that Bitcoin’s short-term holder cost base has now increased to $25,300; here’s what that tells us about the market. Bitcoin’s short-term holder cost base has increased recently According to data from on-chain analytics firm glassnode, the average purchase price of short-term holders Read More
On-chain data shows that Bitcoin’s estimated leverage ratio has increased recently, a sign that a volatile move may be coming soon for the asset. Bitcoin’s Estimated Leverage Ratio Observed an Increase As an analyst pointed out in a CryptoQuant post, open interest has also shown Read More
Bitcoin mining difficulty is currently at all-time highs, but miners seem unfazed as the hashrate has only continued to rise recently. Bitcoin Mining Hashrate Continues Uptrend Despite Increased Difficulty The “mining hashrate” is an indicator that measures the total amount of computing power currently connected Read More
On-chain data shows that demand for Bitcoin has been picking up recently, but the rise has been slower than previous cycles at a similar stage. Bitcoin active addresses haven’t grown much recently As pointed out by an analyst in a CryptoQuant post, market activity has Read More