11 / 13 Relevant items tagged with #CryptoQuant

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Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June

[Jul 13, 2024 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…

Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand

[Jun 20, 2024 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…

Bitcoin whale accumulation echos 2020: CryptoQuant CEO

[May 31, 2024 2:04 AM] CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility.

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

[May 26, 2024 5:45 AM] The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a…

Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In

[May 18, 2024 7:00 AM] The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time…