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Bitcoin has fallen below the $25,000 level during the past day as on-chain data shows signs of elevated activity from the whales. Bitcoin Whale Transaction Count Has Shot Up Recently According to data from the on-chain analytics firm Santiment, whale activity surged to the highest level in four months yesterday. The relevant indicator here is …
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On-chain data shows the Bitcoin exchange inflow has registered its largest value in six months, a sign that profit-taking may be going on after the price surge. Bitcoin Exchange Inflow Has Spiked To Highest In Six Months According to data from the on-chain analytics firm Santiment, a large number of coins have entered into exchanges …
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On-chain data from Santiment shows Bitcoin sharks and whales accumulated around $821.5 million in the asset during the recent dip in the price. Bitcoin Sharks And Whales Have Added 40,557 BTC To Their Holdings Recently As per data from the on-chain analytics firm Santiment, the sharks and whales weren’t behind the dip in the price …
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MATIC, the utility token of the Polygon network and one of the biggest altcoins, has been on a steady decline in the last few weeks along with most of the crypto market due to the ongoing financial troubles of the popular crypto-friendly bank, Silvergate. Based on data from Coingecko, MATIC has plummeted by 6.9% in …
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On-chain data from Santiment shows altcoins are currently the most underbought that they have been since early January. Altcoins Are Currently Underbought According To MVRV As per data from the on-chain analytics firm Santiment, altcoins are currently in the opportunity zone. The relevant indicator here is the “Market Value to Realized Value” (MVRV) ratio, which …
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With the bears controlling the crypto market, many coin prices have gone south, trading at values far below their previous weeks’ prices. The downtrend could be due to increased bearish sentiments and fear among investors in the market. However, the Toncoin (TON) token has gained slightly today March 9 after days of price decline. The …
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Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain analytics firm Santiment, attention has returned to BTC recently. “Social dominance” is an indicator that tells …
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Data shows the sentiment of XRP and Cardano investors has plummeted recently, but if history is anything to go by, this may be the time to become greedy. XRP, Cardano, Bitcoin, And Ethereum All Show Negative Sentiments As per data from the on-chain analytics firm Santiment, price bounces have become more likely during periods of …
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In recent years, the world of investing has been disrupted by the rise of blockchain technology and decentralized finance (DeFi). Decentralized networks are changing the way we think about finance, transactions, and investments. And at the forefront of this revolution are Initial Coin Offerings (ICOs). ICOs allow innovative startups to raise funds by issuing their …
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Investing in web 3 is an exciting opportunity for investors, but it can also be challenging due to several factors. Web 3 is the next generation of the internet, where users have more control over their data and can engage in decentralized transactions without intermediaries. It is a new and rapidly evolving field, and as …
