A report from the on-chain analytics firm Glassnode has revealed that Bitcoin accumulation behavior is starting to return among the investors.
On-chain data suggests that Bitcoin miners would be under pressure right now as the price is quite close to the baseline for these chain validators
An analytics firm has discussed about how the adoption of the Cardano (ADA) network has hit a phase of stagnation during the past year.
Data shows the exchange inflows of Tether (USDT) and USD Coin (USDC) have spiked recently. Here’s why this could be relevant for Bitcoin.
On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback.
Data shows that Bitcoin’s open interest has plummeted as BTC has crossed the $60,000 level, suggesting that large liquidations have occurred.
Data shows the recent crash hasn’t shaken the long-term holders of Bitcoin, as they have only increased their supply further.
Data shows the Bitcoin Coinbase Premium Index has turned positive again, a sign that demand for buying BTC is back from the American investors.
A Bitcoin cycle indicator from the analytics firm CryptoQuant suggests BTC has gone through a transition to a bearish phase after the crash.
Here’s how the indicators related to the Bitcoin derivatives market have changed following the latest cryptocurrency crash.
