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Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics

Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed supply and lack of dividends or earnings means price is entirely demand-driven Thin liquidity in the Bitcoin market exaggerates every move, with 45% of stablecoins […] The post Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics appeared first on CoinJournal. дальше »

2023-4-20 12:46


Bitcoin price in “transition” even as non-zero balance addresses hit 45.4 million: Bitfinex report

The number of Bitcoin wallets with non-zero BTC balance recently hit a new all-time high of 45. 388 million. However, daily active addresses and daily confirmed transactions have fallen. Bitcoin price remains bullish but analysts urge caution as on-chain metrics indicate weakness amid renewed correlation with S&P 500. дальше »

2023-4-5 19:13


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Ethereum Fee Remains Low Despite Price Rise, Here’s What It Means

On-chain data shows the Ethereum transaction fee has remained low despite the recent price rise. Here’s what this may mean for the market. Ethereum Fees Saw Huge Spike During The Local Bottom As per data from the on-chain analytics firm Santiment, the ETH transaction fee has fallen below $2 per transfer now. The relevant indicator […] дальше »

2023-3-20 17:00


Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

Key Takeaways Ethereum has fallen against Bitcoin thus far this year This is unusual as the market has risen, and altcoins tend to outperform Bitcoin in bull markets Nonetheless, Bitcoin maxis represent everything that is and about the space, writes our Analyst Dan Ashmore Their celebrations also forget the fact that Ethereum has still crushed […] The post Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point appeared first on CoinJournal. дальше »

2023-3-15 14:18