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Data shows institutions, not retail, are driving crypto DeFi Adoption

On-chain analysis firm Chainalysis has stated that the interest of institutional investors in decentralized finance (DeFi) apps and protocols have overtaken that of retail investors.   Institutional investors dominate Defi According to the report, DeFi has recorded a terrific year and has enjoyed widespread user adoption and usage amongst crypto enthusiasts. дальше »

2021-9-9 16:00


As Bitcoin Breaks $50k, Indicators Look Similar To The Rally That Lead To ATH

As Bitcoin finally breaks $50k, on-chain data shows BTC indicators look similar to the rally that lead to the ATH earlier in the year. Bitcoin Indicators May Suggest A Repeat Of The ATH Rally From Earlier In 2021 As pointed out by a CryptoQuant post, the derivative exchanges’ reserve has been going down, while the funding rate has been turning slightly positive. дальше »

2021-8-24 22:00


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On-Chain Data Suggests Ether Will Be Blazing Through New All-Time Highs Before Bitcoin

Earlier this month, Bloomberg revealed that Ethereum’s year-to-date performance has been significantly higher than Bitcoin’s for two years now. Bitcoin proponents, unfazed by the recent developments, have their eyes peeled for when Bitcoin finally hits $100,000; as they should, given that multiple indicators have validated the possibility of Bitcoin attaining said price this year. However, […] дальше »

2021-8-22 21:55


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Data Shows Ether (ETH) Supply on Centralized Exchanges at a 3 Year Low

Data from cryptocurrency intelligence firm OKLink indicates that ether (ETH) supply on centralized exchanges is at a 3-year low. Ether’s Scarce Supply Among CEXs Ether (ETH), the cryptocurrency powering the vast majority of the rapidly developing digital assets space has hit a 3-year low supply at all centralized exchanges, data from OKLink shows. Notably, aRead More дальше »

2021-8-10 17:00


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Bitcoin Is Gearing Up To Pull A “2013 Style” Rally On The Market According To New S2F Data

Plan B, the pseudonymous creator of the Bitcoin stock-to-flow model, has taken to Twitter to present what could be one of the most bullish data to the Bitcoin community. Bitcoin could surge past $200k this year The stock-to-flow model, with which the creator and other Bitcoin proponents have relied on to predict the price of […] дальше »

2021-6-17 21:52


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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged

According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »

2021-5-14 10:00