Bitcoin (BTC) long-term holders are not afraid of the current volatility. Distrust towards centralized crypto service providers continues to drive bitcoin off exchanges. Blockchain analytics service G...
Tag: OnChain
On-chain metrics signal upcoming BTC volatility
The open futures interest and the futures estimated leverage ratio metrics had reached their highest levels for over a month, which indicates an upcoming Bitcoin (BTC) volatility, according to Glassno...
Alameda’s Crypto Wallets Are Quietly Swapping Funds for Bitcoin (BTC): On-Chain Data
Alameda Research’s Ethereum (ETH) addresses are quietly swapping altcoins for Bitcoin (BTC), according to on-chain sleuths. The pseudonymous on-chain researcher known as Ergo says on Twitter that Alam...
Bitcoin On-Chain Supply Metrics Suggest Macro Bottom Not Yet In
In today’s on-chain analysis, BeInCrypto looks at Bitcoin supply indicators. The analysis aims to determine the bear market’s stage, whether the macro bottom has already been reached, and how long the...
Alameda Research Liquidated Ether-Based Token Holdings for Bitcoin in Past 24 Hours, On-Chain Data Shows
Several tokens held by Sam Bankman-Fried’s embattled trading unit Alameda Research were sold late on Wednesday to the tune of millions of dollars, as the the firm’s founders face criminal charge...
Cardano Extremely Undervalued? On-Chain Data Suggests It
Cardano is one of the altcoins that has been hit the hardest by the bear market. Created by former Ethereum co-founder Charles Hoskinson, the coin is 91.6% below its all-time high of $3.10, which was ...
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity – Bitcoin News
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX ...
On-Chain Data Indicates Further Struggles For Solana, 25% Fall In SOL Price
Struggles for the Solana blockchain platform grew massively following the collapse of FTX. The platform’s native token SOL price has tumbled 73% in the past 8 weeks due to selloffs by FTX’s sister fir...
On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price
Leading on-chain analyst Willy Woo is making a prediction for when the current Bitcoin (BTC) bear market could reverse course. Woo tells his one million Twitter followers that he thinks the BTC bear m...
Benjamin Cowen’s Bitcoin On-Chain Analysis
On Dec. 21, 2022, the popular crypto trader, Benjamin Cowen, shared a YouTube video on his YouTube channel, “Bitcoin On-Chain: Percentage of Supply in Profit/Loss.” Benjamin Cowen is a popular crypto ...
Bitcoin On-Chain Data Shows Sharp Drop In Sell-offs, Is A Christmas Rally Ahead?
Bitcoin price struggles to show a strong upside move as traders anticipate more BTC price fall due to miner capitulation and selloffs by whales. However, on-chain data indicates a sharp fall in sellof...
Binance takes measures to end attacks; BNB’s on-chain position remains in…
Binance clears the air of doubts about its comprehensive well-being. Futures and options traders hang back on trading BNB. On-chain data shows losses for investors amid recovering deposits. After week...
Solana NFT Sales Have Been Solid, But On-chain Activity Is Down
Nonfungible token (NFT) activity on the Solana network has remained positive despite the recent FTX imbroglio. According to analysis by institutional research firm Delphi Digital, Solana has become th...
On-chain metrics forecast a bullish future for NFTs: DappRadar
A review of the non-fungible tokens (NFTs) market shows the sector continued to experience growth in 2022, despite the overall cryptocurrency industry hitting massive turbulence as the year progressed...
Five Bitcoin Wallets Linked to Collapsed Crypto Exchange Mysteriously Awaken After Years of Inactivity: On-Chain Data
Five Bitcoin wallets associated with the now-defunct crypto exchange QuadrigaCX moved 104 Bitcoin (BTC) worth $1.75 million for the first time in years, according to an on-chain researcher. Pseudonymo...
Crypto on-chain crime drama sees the good guys finally win
The stories about people getting their private keys hacked or stolen are nothing new, with a number losing their life savings because of these thefts. However, in quite an anti-climax scene, a crypto ...
Crypto And On-Chain Analysts Dismiss Santa Claus Rally
Bitcoin (BTC) price rallied today after the U.S. Dollar Index fell sharply in response to the Bank of Japan’s raising their upper band limit for 10-year yields to 50 basis points. The BTC price reboun...
On-chain signal required for BTC Bull Market: David Puell.
Long-term holders are not selling, and short-term investors are leaving the market; hence the network activity suffers. When price action is analyzed per halving cycle, the market behaves the same. ...
Bitcoin Market Cooling, MVRVT On-Chain Analysis Reveals
The Bitcoin market remains deeply immersed in cryptocurrency winter. The low prices of most cryptocurrencies and the plummeting temperature outside the window in December go hand in hand with a coolin...
Analysis of on-chain stablecoin data reveals decline in USDT dominance
In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 ...
Bitcoin still lacks this on-chain signal for BTC bull market — David Puell
Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says. In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost s...
Is It the Right Time to Accumulate Bitcoin? Here’s What On-Chain Data Says
Bitcoin’s price hiked after the Federal Reserve announced a rate hike that was less significant than those seen at previous meetings and still indicated that continual hikes are possibly warranted. Ho...
Bitcoin Santa Claus rally unlikely, according to on-chain and derivatives data
As the coldest days of the crypto winter set in, investors’ speculative interest in the crypto market has fallen to pre-2021 levels, impairing the chance of a substantial directional price move. Howev...
Binance’s Proof-Of-Reserves Report “Makes Sense” With On-Chain Data, Says CryptoQuant
CryptoQuant says Binance’s recently released Proof-of-Reserves report “makes sense” when compared with on-chain data. Binance’s Bitcoin Liabilities In Proof-Of-Reserves Report Are Consistent With On-C...
On-Chain Data Shows Crypto Exchange Binance Isn’t Exhibiting ‘FTX-Like’ Behavior
“At the time Binance’s Proof of Reserves report was conducted, CryptoQuant’s estimate of Binance’s BTC reserves (liabilities) was 591,939 BTC. This compares to the PoR report’s Customer Liability Repo...
XRP Price May Skyrocket In Coming Weeks? On-Chain Report
Ripple’s native crypto, XRP has managed to keep up with the increased selling pressure in the digital asset market. XRP price surge has been depending on the positive outcomes from the long running Ri...
BTC On-Chain Data Signals Bullish Sentiment, $15K Or $20k By Dec End?
Bitcoin (BTC) price hit a high of $18,318 in the last 24 hours. Despite a correction in the BTC price after the U.S. Federal Reserve’s 50 bps rate hike, the sentiments remain positive. On-chain data a...
On-chain Bitcoin metrics show the bottom may not be in
CryptoSlate’s analysis of on-chain Glassnode metrics indicated mixed results for a Bitcoin bottoming. Previous research published on Sep. 27 looked at the Percent Supply in Profit (PSP,) Market Value ...
Nexera ID To Revolutionize Web3 Privacy With On-Chain Identities
Cryptocurrency and DeFi users now have a better way to protect their identities and ensure they won’t lose access to their crypto assets, and it’s all thanks to a new, self-sovereign identity solution...
VIDEO: What is happening with Binance? On-chain analysis with Sandra Leow of Nansen
Binance has seen an enormous flood of withdrawals this week, as fear has spread about the health of the exchange in the aftermath of the FTX collapse. This stems from concern about its proof-of-reserv...
Things Have ‘Stabilized’, CryptoQuant Says ‘No Shady On-Chain Activities’ From Binance
– Advertisement – Ki Young Ju believes Binance’s on-chain activity looks normal for now, even as CZ says things have stabilized. In a tweet yesterday, CryptoQuant chief Ki Young Ju asserte...
Crypto market rebounds as on-chain data shows mysterious trends
The cryptocurrency market is mostly green today, with all major cryptocurrencies trading higher than they were 24 hours ago. As of press time, market data shows that all major cryptocurrencies reporte...