Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart and Ukuria OC reported that this month’s surge was driven by capital inflows of $62.9 billion over…
A recent analysis by CryptoQuant analyst tugbachain sheds light on an important aspect of Bitcoin market behaviour — the UTXO Realized Price Age Distribution. This metric plays a significant role in understanding the holding patterns of different investor groups and the market’s response to price fluctuations. The realized price, calculated as the Realized Cap divided…
Bitcoin price movements often correlate with large-scale investors’ actions, commonly called “whales.” These individuals or entities hold between 1,000 and 10,000 BTC, and their trading behavior is a critical indicator of market trends. With that being said, recent data indicates that these whales have been increasing their Bitcoin holdings, which has fuelled momentum in the…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with…
Este artículo también está disponible en español. Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants. This influx is evidenced by the increase in UTXO…
Este artículo también está disponible en español. Bitcoin has continued with its strong bullish momentum, trading at highs that have never before been seen. Today, the asset has achieved a new all-time high of roughly $93,477. This ATH was achieved not long ago following an earlier dip today to $85,000. However, at the time of…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Amid Bitcoin’s pursuit to hit the six figures all-time high (ATH), a CryptoQuant analyst known as aytekin, has shared a comprehensive analysis on tools to assess Bitcoin’s market temperature, focusing on distinguishing useful from potentially misleading metrics. According to aytekin, investors’ concerns often center around Bitcoin’s ability to reach new peaks and when it might…
A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or…
November 11, 2024 at 01:35 PM GST updated: November 11, 2024 at 11:29 AM 6 mins read Press Release Emerging digital assets are poised to challenge Bitcoin’s dominance by 2025. Beyond familiar names in the crypto space, innovative altcoins are introducing groundbreaking technologies that could reshape the market and offer fresh opportunities for enthusiasts and…
Este artículo también está disponible en español. Bitcoin has managed to maintain its footing above the $75,000 price mark following a new all-time high (ATH) of $76,872 recorded yesterday. At present, the cryptocurrency is trading at $76,587, reflecting a modest 0.9% dip from its peak while still marking a 1.7% daily increase. This stability signals…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past…
Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. Bitcoin, often influenced by long-term holders’ (LTH) decisions, has witnessed significant selling activity among this investor group over the past week. While the reason behind the long-term holders offloading Bitcoin is not certain, the move appears to have impacted BTC, resulting in the recent correction in its price…
The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin’s Market Value to Realized Value (MVRV) ratio, a metric often used to…
November 4, 2024 at 02:45 AM GST updated: November 4, 2024 at 02:42 AM 1 min read News Bitcoin’s $65.5K-$66K support aligns with the 0.382 Fibonacci level, signaling a potential reversal zone. If Bitcoin drops below $65.5K, analysts predict the next support at $60K, reinforced by the 0.618 Fibonacci level. Analysts expect volatility near $66K,…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. A Bitcoin wallet containing around 749 BTC, equivalent to roughly $53.2 million, has been reactivated after nearly 12 years of inactivity. This sudden move in funds was detected in the early hours of Tuesday, as blockchain tracking platforms such as Mempool and Whale Alert recorded a transfer of…
Bitcoin (BTC) has recently shown renewed strength in its market stance, with positive signals emerging from key market indicators. This emerging positivity in BTC’s market indicators comes on the heels of the asset seeing a gradual recovery in price over the past weeks. Earlier today, BTC again came closer to the $70,000 mark with a…
Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart. Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per…
Bitcoin (BTC) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity. According to the analyst, whales—large holders of Bitcoin—now control approximately 670,000 BTC, the highest amount ever recorded. This accumulation phase…
Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin…
Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network….
Este artículo también está disponible en español. As Bitcoin experiences a gradual recovery in its price performance, a new analysis sheds light on the cryptocurrency’s broader market stance. A CryptoQuant analyst known as “Crazzyblockk” recently shared an in-depth study on Bitcoin’s quarterly performance, focusing on key metrics like the asset’s market capitalization and realized capitalization….
As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical indicators. These indicators suggest that while things…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. The latest weekly digital asset fund flow report from CoinShares has revealed that last week, crypto asset investment products saw roughly $2.2 billion in net inflows globally, marking the largest inflow since July. This rise in inflows comes amid the gradual recovery of top crypto assets last week,…
Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address Momentum Signals Upward Market Structure Active addresses represent the number of unique addresses conducting transactions…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin’s open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high. This development signals heightened activity in the Bitcoin market and…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders. While the…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Este artículo también está disponible en español. After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question:…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend…
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Spot exchange volumes continued to fall steadily from their peak of $2.44 trillion in March 2024, reaching under $1 trillion in September of that year. Spot trade volume on Binance dropped by 22.9% to $344 billion, although market share went up to 11% for Crypto.com. After the latest Fed rate decreases, traders are looking for…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The spot Bitcoin ETF market has been buzzing with activity, particularly following the Federal Reserve’s recent rate cuts. Institutions are rapidly capitalizing on this momentum, with Friday alone seeing $495 million in inflows to Bitcoin ETFs. By the end of the week, the total inflows had surged to over…