Bitcoin Analysis

Bitcoin’s jump over $41,000 lifted the miners’ hashprice. Nearly 11% of block mining rewards came from transaction fees.  Weekend fun got bigger for crypto enthusiasts as Bitcoin [BTC], the world’s largest digital asset by market cap, went north of $41,000 for the first time since April 2022. At the time of publication, BTC was exchanging

PEPE sold in the last seven days was about 12x the tokens kept. PEPE’s price increased, but a retracement seemed likely. Reaching a $1 billion market cap in a few weeks was one event that spurred Pepe [PEPE] to become one of the most talked about cryptocurrencies. But since it fell from that height, PEPE has

Bitcoin’s LTH-SOPR recently fell under 1. This showed that the coin’s long-term holders briefly sold at a loss. Bitcoin’s [BTC] Spent Output Profit Ratio (SOPR) for its long-term holders (LTH) recently slipped below 1. This indicated that this cohort of investors briefly sold their holdings at a loss. Long-Term Holder Spent Output Profit Ratio (LTH-SOPR)

dYdX has unlocked 150 million DYDX tokens. Three big whales who received some of the tokens have sent the same to Binance. In the early trading hours of 1st December, leading perpetual contracts platform dYdX [DYDX] completed the unlocking of 150 million DYDX tokens, totaling around $465 million.  Data from Token Unlocks showed that the

There has been a steady rise in MATIC’s Supply on Exchanges. However, market sentiment showcased slowing demand among retail investors. The recent surge in Polygon’s [MATIC] supply on cryptocurrency exchanges may not be due to genuine demand for the token by the general market. In a new report, pseudonymous CryptoQuant analyst Joao Wedson found: “Recently,

Aniket Verma Journalist Posted: November 29, 2023 Share this article Derivatives traders were attempting a breakout from the $37,000-$38,000 region. The OI in BTC futures on CME surpassed that of Binance in November. Bitcoin [BTC] gained back its bullish strength in the last 24 hours, rising by 2.47% to revisit the $38,000-mark, AMBCrypto learned using

ADA key indicator has hinted at the possibility of a bear cycle. The bulls, however, continue to drive coin accumulation. Cardano’s [ADA] price may be poised for a decline as its TD Sequential indicator observed on a weekly chart has presented a sell signal.  This indicator measures the exact time of trend exhaustion and potential

Aniket Verma Journalist Posted: November 27, 2023 Share this article ETH fell below $2,077, a level at which the TWAP trading strategy ended. About $91 million in longs were liquidated in the last 24 hours. Ethereum [ETH] retreated as the weekend came to a close, but the second-largest crypto by market cap was still clinging

No other protocol has come close to Lido’s TVL numbers. The project is being touted as the future of DeFi. Out of the top 10 DeFi protocols, Lido Finance [LDO] had the highest capital inflow in terms of assets locked, DefiLlama revealed. Using the Total Value Locked (TVL) metric, the blockchain aggregator showed that Lido

ETH addresses with 10,000 or more have increased recently. ETH price has remained above $2,000. Recently, significant Ethereum holders were on the move, leading to a notable rise in accumulation. This increased accumulation has resulted in a notable amount of ETH being withdrawn from exchanges. Ethereum whales increase accumulation A look at addresses holding around

Himalay Patel Journalist Posted: November 24, 2023 Share this article Speculation around ETFs impacting BTC’s price further grew. Traders remained bearish; prices did not see much movement. Bitcoin [BTC] saw a massive surge in price over the last few months. One of the major reasons for the spike in price was the interest showcased by

Idle DOGE tokens are now interacting after a long period of no activity. The Dogecoin price may break out of $0.07 soon. Some Dogecoin [DOGE] dormant addresses have suddenly become light sleepers, according to a recent post by on-chain data provider Santiment. Using the Age Consumed metric, Santiment noted that many old wallets have been

Dipayan Mitra Journalist Posted: November 22, 2023 Share this article MATIC was down by more than 20% in the last seven days.  Selling pressure on the token was high, and indicators looked bearish.  Polygon [MATIC] investors had a rough ride in the last week as the token’s price dropped by double-digits. However, things could get

WLD exchanged hands at an all-time high on 20th November. Profit-taking might, however, result in a price correction.  Worldcoin [WLD] rallied to an all-time high of $2.45 during intraday trading on 20th November. This came as OpenAI confirmed that former CEO Sam Altman remains fired from the company. Following Altman’s initial firing on 17th November,

Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by digital asset platform Fineqia. Crypto-based ETPs issued by companies like 21Shares, Grayscale and CoinShares recorded a 91% increase in total assets under management (AUM) from Jan. 1 to Oct. 31, 2023,

contributor Posted: November 20, 2023 Share this article The US DoJ is reportedly seeking billions of dollars to end its criminal case against Binance and its co-founder The criminal charges includes violations of sanction laws, bank fraud, and money laundering The United States has reportedly put a price on the criminal case against the largest