Cointelegraph By William Suberg
Almost 10,000 Bitcoin (BTC) left major United States-based exchange Coinbase on Dec. 30 in a sign that investor appetite is returning to the sphere. Data from on-chain monitoring resource Coinglass shows Coinbase’s professional trading arm, Coinbase Pro, shedding 9,925 BTC in the 24 hours to New Year’s Eve.Binance adds...
Bitcoin (BTC) recovered from fresh lows on Dec. 30 as markets remained undecided on their end-of-year trajectory.Binance's BTC balance increased throughout December, this potentially being down to migrating Chinese users from Huobi Global.
By: Cointelegraph By William Suberg
cointelegraph.com
Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600.RSI flashes "oversold"Data from Cointelegraph Markets Pro and TradingView showed the pair giving up ground prior to the Wall St. open to increase its 48-hour correction to 10.4%.The latest move in...
Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. Unveiling the latest data from across exchanges on Dec. 28, Glassnode on-chain analyst TXMC pointed the finger at fresh changes in China for rising balances elsewhere.Binance "absorbing" orphaned Huobi usersThe...
Seasoned Bitcoin (BTC) hodlers have hardly spent any coins despite $69,000 all-time highs this year, data shows.According to the Coin Days Destroyed (CDD) metric from on-chain analytics firm Glassnode, the proportion of coins being spent by old hands remains near record lows.Strong hands knuckle down throughout 2021In the...
Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise.Further out, the yearly close was yet to form a major topic of interest, with Bitcoin nonetheless up $21,000 versus the start of 2021.$100,000 halving cycle average not dead yetTaking stock at the...
Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.Others in the top ten cryptocurrencies by market cap either kept losses below 1.5% or saw flat performance.For ETH/USD, popular trader Pentoshi highlighted $3,940-$4,000 as...
Bitcoin (BTC) whales are the center of attention again this week as large transactions flow back to exchanges.Data from on-chain analytics platform CryptoQuant on Dec. 24 shows that relatively, whales are increasing their presence as potential sellers.Action stations as Bitcoin climbs to $51,000According to CryptoQuant’s Exchange Whale Ratio...
Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title.Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever.Hash rate vanquishes...