5 of 7 on-chain indicators suggest the bull run is just beginning
On-chain indicators such as the Bitcoin MVRV Z score, Puell Multiple and HODL Waves paint a bullish picture for Bitcoin investors. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
On-chain indicators such as the Bitcoin MVRV Z score, Puell Multiple and HODL Waves paint a bullish picture for Bitcoin investors. Go to Source
Traders believe that Bitcoin’s low volatility is a bull market signal, but their bias could be preventing them from acknowledging potentially negative macro outcomes. Go to Source
Average daily addresses on the Binance blockchain network grew by 30% year-on-year in Q4. Go to Source Powered by WPeMatico
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
Peter Smith said the hardest thing to trace was the funds that enter the banking system. Go to Source Powered by WPeMatico
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. Go to Source Powered by WPeMatico
ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. Go to Source Powered by WPeMatico
Bitcoin on-chain analysis is showing more short-term holders registering losses, and they are statistically more likely to sell according to Glassnode. Go to Source Powered by WPeMatico
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield in several protocols. $100 million has already been put … Read more
Bitcoin’s new all-time highs appear to have been triggered by a dramatic reduction in active supply over recent months. Go to Source Powered by WPeMatico