Thursday, June 6, 2024

Onchain

Key On-chain Metrics to Watch As Bitcoin (BTC) Flirts Around $50,000

Bitcoin (BTC) has been participating in the crypto bull run throughout last month. However, the world’s largest cryptocurrency has faced multiple resistances at around $50,000 levels. As of press time, Bitcoin is trading at $49,510 levels with a...

Dogecoin price eyes 35% advance as this on-chain metric adds tailwind to DOGE

Dogecoin price hints at a move higher as it bounces off the demand zone ranging from $0.262 to $0.281. The...

Who Holds DOGE? 82 Percent of Total Dogecoin Is Being Held On-Chain by Only 535 Entities, Analysis Shows

Dogecoin — the Shiba Inu dog-themed cryptocurrency — started as a joke in 2013 but has slowly but steadily carved some space for itself. This year, so far, Dogecoin has emerged as one of the most traded cryptocurrencies....

1.65 Million Bitcoin (BTC) Accumulated in this Strong On-Chain Support Zone

Bitcoin’s (BTC) price has moved sideways after facing rejection at the $50K level last week. The top cryptocurrency has been moving in the $45K-$50K over the past week which has also become a key on-chain support zone. The...

Bitcoin On-Chain Activity Lags Behind Price Action, But Why?

Data reveals that while Bitcoin’s price is shooting up, the on-chain activity hasn’t improved much in the past week. What could be the reason behind this behavior? Bitcoin Breaks $50k, But Activity Lags Behind As per this week’s edition of...

Despite Dip To $44K, On-chain Data Suggests Bitcoin Still Bullish

On-chain data shows Bitcoin netflows are still deeply negative, a sign that means BTC remains bullish. This is despite the dip to $44k. Exchanges Observe Deeply Negative Bitcoin Netflow As per a CryptoQuant post, the Bitcoin netflow indicator has been...

Dogecoin Outperforms Bitcoin, Ethereum Into The Green As Positive On-Chain Metrics Buoy Market

Dogecoin (CRYPTO: DOGE) soared along with major cryptocurrencies on Monday night as the global cryptocurrency marketcap rose 5.49% to $1.85 trillion. What Happened: The Shiba...

On-Chain Data Shows Bitcoin Daily Transaction Volumes Are Up 94%, Rally Might Not Be Over Just Yet

Bitcoin has recently lost momentum following the rally that occurred over the past week. The digital asset had seen gains of over 20% while the entire market followed suit and showed massive gains all across the board. Bitcoin...

Cardano price action and on-chain metric collide, reveals a complex situation for ADA

Cardano price closed last week with a 6.89% gain after failing to hold gains above the 2018 high...
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Latest News

Shiba Inu: 2 Whales Buy $35 Million Worth of SHIB Amid Price Dip – Watcher Guru

Shiba Inu: 2 Whales Buy $35 Million Worth of SHIB Amid Price Dip  Watcher Guru Source link
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