Bitcoin

Understanding Bitcoin’s Rally: On-Chain Metrics Paint a Clear Picture
Bitcoin

Understanding Bitcoin’s Rally: On-Chain Metrics Paint a Clear Picture

Bitcoin’s upward journey has caused analysts to focus on on-chain data for current market cycle insights. Key indicators that can guide investors through the euphoric phase of price discovery are revealed in recent Glassnode reports. A major aspect accentuated by this report is the Supply Profitability State showing the percentage of total coin supply for those […]

Apr. 13, 2024
Bitcoin Nears All-Time High: Analysts Anticipate Explosive Upsurge to $100k
Ash Crypto

Bitcoin Nears All-Time High: Analysts Anticipate Explosive Upsurge to $100k

Bitcoin is consolidating near an all-time high and historically precedes explosive moves. The current pattern suggests the potential for significant upward momentum. Bitcoin’s price today is $69,395.14, with a 24-hour trading volume of $25.34B and a market cap of $2.65T. The BTC price increased 1.25% in the last 24 hours and surged by almost 6% […]

Apr. 1, 2024
Bitcoin Halving 2024: Impact, Predictions & Analysis
Bitcoin

Bitcoin Halving 2024: Impact, Predictions & Analysis

Over the last week, Bitcoin (BTC) investors enjoyed much profit as the crypto asset gained 8.34% to trade above $71,000, according to data from CoinMarketCap. At the time of writing, BTC is trading around $70,285, up 0.25% in the last 24 hours. Meanwhile, the leading cryptocurrency boasted a market cap of $1.38 trillion. The BTC […]

Mar. 31, 2024
Bitcoin Whales Split Wallets: Over 75K BTC Moved In 2 Days
Bitcoin

Bitcoin Whales Split Wallets: Over 75K BTC Moved In 2 Days

Santiment, one of the leading on-chain data analyst firms, has released recent data revealing the actions of Bitcoin’s whales as the market is trying to keep its price above $60,000. Observably, these whales are splitting their wallets, which could point to different strategies or risk management techniques employed by the ecosystem. 📊 #Bitcoin's whales are splitting wallets as […]

Mar. 2, 2024
Bitcoin Weekend Trading: Kaiko’s Institutional Insights
Analysis

Bitcoin Weekend Trading: Kaiko’s Institutional Insights

A recent report from Kaiko revealed that they had seen low weekend Bitcoin transactions in 2024. The report highlights that this week’s trade represents just 13% of the whole volume of Bitcoin, with a maximum of 1/4th from 2018 to 2021. This correlates with increasing institutional investors in the spiking Bitcoin market. Drop in Volume […]

Feb. 29, 2024
Bitcoin Surges Beyond $57K: Institutional Interest Soars
Bitcoin

Bitcoin Surges Beyond $57K: Institutional Interest Soars

After two weeks of consolidation, the world’s biggest cryptocurrency, Bitcoin (BTC), smashed past $57,000 earlier today in a massive breakout. As of press time, the Bitcoin price today is $ 56,141 with a 24-hour trading volume of $ 64.00B; the BTC price increased 8.98% in the last 24 hours, with its market cap going over $1.1 trillion […]

Feb. 27, 2024
Bitcoin Pre-Halving Rally Strengthens: Analysts Eye $58,000 Target
Bitcoin

Bitcoin Pre-Halving Rally Strengthens: Analysts Eye $58,000 Target

Bitcoin price prediction shows remarkable strength and significantly shrinks the chances of a major correction occurring before the much-anticipated pre-halving rally kicks in. If anything, many analysts believe BTC may have already confirmed the early stages of this pre-halving uptrend. The $52,000 mark, which has become a key support level for Bitcoin, is a level […]

Feb. 20, 2024
Analysts Expect Bitcoin Price Correction Before Rally
Bitcoin

Analysts Expect Bitcoin Price Correction Before Rally

Bitcoin (BTC), the biggest cryptocurrency by market cap, has experienced a surge beyond the $52,000 level lately. This shows continuous demand for BTC at increasingly higher levels. A report from CryptoQuant, an on-chain data analytics firm, indicated that more than “75% of new investments in Bitcoin” come from spot Bitcoin exchange-traded funds (ETFs). This has […]

Feb. 19, 2024
Top Cryptocurrencies to Keep an Eye on in 2024
Bitcoin

Top Cryptocurrencies to Keep an Eye on in 2024

This guide will explore some major cryptocurrencies that could be appealing investments for beginners and experienced crypto buyers. As the cryptocurrency market gains strength following the downturn of 2021-2022, the leading cryptocurrencies by market capitalization present some of the most apparent opportunities within digital assets. Large-cap crypto is the biggest and most established digital currency […]

Feb. 17, 2024