Tags : Onchain

Cryptocurrency

Cardano (ADA) jumps 8% in 24 hours, but what does

Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest ADA, the native token of smart contract platform Cardano, jumped 8% in the past day amidst rising public sentiment for the broader ecosystem, data […]Read More

Bitcoin

Bitcoin inches to $61,000, but on-chain data turns ‘mostly bearish’

Bitcoin inched closer to its $61,711 all-time high price over the weekend amidst strong adoption and favorable sentiment for the world’s largest cryptocurrency by market cap. Booming Bitcoin and uptrending charts Several companies have dipped into the asset last year, with names like business analytics firm MicroStrategy and electric maker Tesla picking up billions of […]Read More

Cryptocurrency

On-chain data shows Bitcoin miners are HODLers and accumulating

Bitcoin miners are accumulating the asset at the current price range against a generally bullish backdrop and rising demand for the world’s largest cryptocurrency by market cap. When miners HODL Data from on-chain analytics platform Glassnode for the ‘Miner Net Position’ metric—which tracks miner addresses to show inflows/outflows—showed most miners were net holders of Bitcoin […]Read More

Bitcoin

This On-Chain Metric Says Bitcoin Risk Is The Highest In

Bitcoin price is trading well above $58,000 currently and is arguably only just beginning its bullish impulse. Prices are expected to reach hundreds of thousands per coin, and while few deny that outcome, it might not arrive as soon as some investors think. According to a de-facto on-chain tool for timing local tops and bottoms, […]Read More