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Interpreting On-Chain Data and Technical Analysis for the Price of DOT
October 4, 2024Several altcoins have relinquished their recent gains this week amidst escalating geopolitical tensions, with Polkadot (DOT) encountering similar challenges. The latest market correction saw the altcoin’s price plummet to $4.04,…
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Is Bitcoin Headed for a Major Bull Run? These 3 On-Chain Metrics Point to a Turning Point
September 24, 2024Recent data from CryptoQuant suggests that Bitcoin may be gearing up for a significant recovery, driven by key on-chain metrics. According to a CryptoQuant analyst known as Darkfost, various indicators…
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Avail and Lens Collaborate to Transform Onchain Social Media with Innovative Technology
September 18, 2024Avail Project has announced a groundbreaking partnership with Lens Protocol, with the shared goal of revolutionizing onchain social media. This collaboration is poised to usher in a new era of…
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Investors Flock to New On-Chain Projects as TIA Plummets 23% in One Week
August 31, 2024As the crypto market looks to close out August on a downward trend, the altcoin sector is experiencing additional pain following a broader market dip in the past 24 hours….
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BlackRock’s ETFs Overtake Grayscale in On-Chain Holdings
August 17, 2024In a groundbreaking development, BlackRock’s Exchange Traded Funds (ETFs) have surpassed Grayscale’s ETFs in on-chain holdings, signaling a significant shift in the crypto asset management industry. The specific ETFs, IBIT…
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Ethereum Price Targets $3900 Rebound with On-Chain Data Showing Favorable Signals for Ethereum Compared to Bitcoin
June 23, 2024In the fast-paced world of cryptocurrency, Ether, the second largest cryptocurrency, has experienced moderate volatility over the last two weeks, maintaining a price range above $3360. This stability has been…
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On-Chain Data Indicates a Resurgence of Speculators and Traders in Bitcoin
February 28, 2024Bitcoin’s surging price has once again captured the attention of traders and speculators, as indicated by on-chain data. Glassnode, a leading blockchain intelligence firm, highlighted in a recent newsletter how…