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Bitcoin Slips Under $64,000: Here’s Where The Next Support Is

Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800 According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain demand zone. дальше »

2024-6-23 02:00


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US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge

Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22. 8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data […] The post US-listed Bitcoin miners hit record $22. дальше »

2024-6-18 04:39


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Are Investors Ditching Ethereum For Bitcoin? Data Could Say So

On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […] дальше »

2024-6-14 02:00


Bitcoin Transactions At All-Time High, But Active Addresses Collapse: What’s Going On?

Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been showing a divergence in its activity-related metrics recently. […] дальше »

2024-6-13 07:00


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Arbitrage Overdrive: Why Bitcoin ETFs Aren’t What They Seem, According To Expert

Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has highlighted this trend based on data concerning these funds’ ownership and trading patterns. дальше »

2024-6-13 03:00


Solana (SOL) Surpasses Ethereum’s 24-Hour DEX Volume as ETH Faces Potential Spike or Dip

The Solana blockchain has surpassed Ethereum in 24-hour decentralized exchange (DEX) trading volume for two consecutive days, according to data shared by the X account @SolanaFloor. This milestone shows Solana’s growing prominence in the decentralized finance (DeFi) space and could have implications for Ethereum’s future price movements. дальше »

2024-6-8 20:15


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StanChart predicts new ATH on favorable payroll data, maintains $150k per token outlook

Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick. According to Kendrick: “Should tomorrow’s payroll data be favorable, I anticipate a fresh all-time high over the weekend, potentially paving the way for Bitcoin to […] The post StanChart predicts new ATH on favorable payroll data, maintains $150k per token outlook appeared first on CryptoSlate. дальше »

2024-6-7 21:23


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Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?

On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According to data from the market intelligence platform IntoTheBlock, BTC is currently floating above a major demand zone. дальше »

2024-6-4 02:00


Tether asserts almost 75% dominance in stablecoin market

Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a level not seen since January […] The post Tether asserts almost 75% dominance in stablecoin market appeared first on CryptoSlate. дальше »

2024-5-31 01:28