Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls
Bitcoin (BTC) price saw a bullish turn of events on June 13 as the price broke out to $39,252 but many analysts are still on the fence when it comes… Read more »
Tag: OnChain
Bitcoin Miner Mayhem, On-Chain Fees Drop 90% In Two Months
Bitcoin has been struck by the bears for its third consecutive week. At the time of writing, BTC has lost two critical support zones at $35,000 and $32,000. The first… Read more »
DeFi Project Spotlight: Trading On-Chain Ethereum Derivatives With Oiler Network | Crypto Briefing
Key Takeaways Oiler is an on-chain trading protocol for blockchain parameters like gas fees or network hashrate. Oiler’s clients will most likely be Ethereum power-users like exchanges, wallet operators, or… Read more »
2 On-Chain Metrics Suggest Bitcoin Bullish Bias Intact
Despite losing $6,000 in hours and $17,000 in several days, on-chain data suggests that the demand for bitcoin is still solid. The number of coins stored on exchanges and miners… Read more »
Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000
After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current… Read more »
Bitcoin Price Primed For a Leg Up as Demand and On-Chain Data Favorable, Analysis
Although bitcoin’s price continues to struggle at $60,000, on-chain data indicates several bullish developments for the primary cryptocurrency. Institutional investors have only intensified their purchases, long-time HODLers and miners refuse… Read more »
Ethereum Institutional Interest is Rapidly Growing; Here’s What On-Chain Data is Showing
Ethereum is not getting flipped by Binance Smart Chain anytime sooner, shows on-chain indicators. Blockchain analytics platform IntoTheBlock gathered data on Ethereum transactions with volumes greater than $100,000. The portal… Read more »
Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining
For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators who usually add to the daily sell pressure toward the end… Read more »
What Ethereum killer? On-chain data shows competitor networks are still behind
Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by… Read more »
Bitcoin bull run is still in the early stages, key on-chain indicator shows
The price of Bitcoin (BTC) saw a minor correction on the day as the global stock market pulled back. The top cryptocurrency dropped by nearly 8% in the last 24… Read more »