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Bitcoin Drops To $20,700 As Miner Outflows Surge

[Jan 19, 2023 7:02 AM] On-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst…

59% of Bitcoin Holders Are Sitting On Profits

[Jan 19, 2023 5:00 AM] 59% of Bitcoin holders are profitable as the coin trades above the current Realized Price, which is the cost basis of the average BTC holder, IntoTheblock data on January 19, shows. Parallel on-chain streams show that the realized price of Bitcoin…

Bitcoin On Exchanges Drop By 44%, Could This Fuel More BTC Rally?

[Jan 18, 2023 11:00 AM] The amount of bitcoin (BTC) being held on exchanges has been on a steady decline since the bear market began in 2022, but the rate at which investors were pulling their cryptocurrencies off exchanges has accelerated in the last couple of months…

Altcoin Indexes Outperform Bitcoin, Small Caps Lead Market

[Jan 18, 2023 6:43 AM] Data shows all the altcoin indexes have outperformed Bitcoin during the past month, with the small caps becoming the market leaders. The Past 30 Days Were Green For Both Bitcoin And Altcoins According to the latest weekly report from Arcane…

Bitcoin Rally Pushes Crypto Mining Stocks Up – What’s Ahead?

[Jan 18, 2023 2:15 AM] After a year-long winter accompanied by massive losses in the mining sector, the recent Bitcoin recovery is a relief to miners. Moreover, the Bitcoin price rally has rubbed off on crypto mining stocks as they witness the highest performance in the…