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The remarkable rise of Chainlink (LINK) in the yearly chart has been nothing short of extraordinary, skyrocketing from $4.9 to $20.8. In a significant milestone, LINK has hit a 22-month high with an impressive 11% surge, breaking the $20 mark for the first time in years. This surge in price has been accompanied by increased … Read more
In the ongoing year of 2024, Chainlink’s performance within the cryptocurrency landscape has been nothing short of remarkable. The native cryptocurrency of the Chainlink Web3 network, LINK, has surged to heights not witnessed since January 2022, boasting a market capitalization surpassing $11 million. On February 5th, LINK reached a new yearly high, sparking optimism among … Read more
Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets. Go to Source Powered by WPeMatico
Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode. Go to Source Powered by WPeMatico
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report Paints … Read more
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020. Go to Source Powered by WPeMatico
Despite the Bitcoin markets slipping below $30,000, on-chain data suggests accumulation may be underway, as $1 billion worth of BTC leaves exchanges each month. Go to Source Powered by WPeMatico
Surging BTC outflows from centralized exchanges suggest the Bitcoin markets could be in an accumulation. Go to Source Powered by WPeMatico
Those that are never gonna give up BTC are still accumulating according to the analyst. Go to Source Powered by WPeMatico
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses Hit New Highs Bitcoin (BTC) prices slid from … Read more
