Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
[Aug 13 8:50 AM] The dwindling metric points to declining selling pressure in the bitcoin market.
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Bitcoin Set For Critical Price Resistance Encounter – Analyst
[Aug 10 6:00 PM] The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in…
Ethereum Open Interest Drops 40% In August – What’s Happening?
[Aug 10 2:00 PM] Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro…
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
[Aug 9 4:40 PM] The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment…
Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets
[Aug 8 3:30 PM] Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses…
Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst
[Aug 4 2:30 PM] The price of Bitcoin has maintained a consistent decline over the past week following several economic and market developments. According to data from CoinMarketCap, the premier cryptocurrency currently hovers around the $60,000 price zone, having…
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
[Jul 31 9:10 PM] Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in…
Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO
[Jul 29 6:30 PM] The CEO and founder of the on-chain analytics firm CryptoQuant has explained how this Bitcoin bull cycle could probably last till mid-2025. Profit-Taking From Old Bitcoin Whales Lasted For 18 Months In Previous Cycles In a new post on X…
Bitcoin Miner Capitulation Comes To An End – Time To Buy BTC?
[Jul 28 2:19 AM] Indeed, the Bitcoin price has been on a hot streak in recent weeks, returning to its past heights most investors have become accustomed to. However, the past week was a somewhat quiet one for the premier cryptocurrency, as it was for most of the…
Ethereum Open Interest Rises By $1.5 Billion – What This Means
[Jul 27 5:30 AM] Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100. However, amidst this…
Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
[Jul 23 11:59 PM] Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.
Bitcoin large sellers 'exhausted' as $67K price holds
[Jul 20 11:29 PM] Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000.
Bitcoin ‘real bull run’ out of reach as retail demand metric hits 3-year low
[Jul 18 7:54 PM] Retail investor interest in Bitcoin has declined to a three-year low, and Google search interest for Bitcoin is down 57% since BTC reached all-time highs in March.
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
[Jul 18 9:30 AM] Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to…
Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally
[Jul 16 3:01 PM] The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.
Bitcoin whales snapped up $4.3B of BTC amid price slump
[Jul 14 6:19 PM] Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.
Bitcoin Price To Return Above $63,000? Here’s What Needs To Happen
[Jul 14 1:00 AM] The Bitcoin price has shown good signs of recovery over the past seven days, returning above $58,000 to end the week. Interestingly, a prominent crypto analyst on X has identified a chart formation signaling a potential continuation of this…
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
[Jul 13 1:10 PM] Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue…
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
[Jul 12 7:16 AM] According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the…
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
[Jul 10 1:35 PM] Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the…
14,000 BTC Transferred To Exchanges In Four Days – Worrying Trend For Bitcoin Price?
[Jun 30 3:30 AM] Recent on-chain data shows that substantial amounts of Bitcoin have made their way to centralized exchanges in the last few days. How could this impact the Bitcoin price? Bitcoin Price To Face Further Selling Pressure? In a new post on the X…
Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch
[Jun 29 1:00 AM] The Bitcoin price suffered significant bearish pressure over the past week, dragging down alongside it a large portion of the general crypto market. The premier cryptocurrency tumbled as low as $59,500 at some point in the week — its lowest in…
Bitcoin falls below $63K after BTC whale transactions drop 42%
[Jun 23 11:45 PM] Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000.
Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why
[Jun 22 4:30 AM] The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant…
Bitcoin dips below short-term holder realized price, sparking $60K fears
[Jun 21 6:50 PM] Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon.
Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn
[Jun 21 6:30 PM] According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR)…
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
[Jun 20 6:19 AM] Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could…
ETH valuation metric is ‘heating up,’ but analyst says it’s not overvalued
[Jun 19 9:50 PM] CryptoQuant CEO Ki Young Ju noted that while Ethereum’s MVRV is rising quickly, onchain activity levels suggest it may not be overvalued.
Bitcoin ‘Banana Zone’ is next if these 3 indicators play out
[Jun 18 9:15 PM] Bitcoin “Banana Zone” is on the horizon, but it will need to reverse these key metrics first to maintain a “sustainable recovery.”