On-chain data shows the Bitcoin exchange inflow trend has been at its lowest in almost a decade recently, a sign that may be bullish for the asset. Bitcoin Exchange Inflows Have Been On The Decline Recently As pointed out by CryptoQuant author Axel Adler Jr in a post on X, the BTC exchange inflows have […]
Data from the on-chain analytics firm Glassnode has revealed that around 9.5% of the Bitcoin supply changed hands above the $60,000 level. 1.87 Million Bitcoin Was Acquired At Price Levels Higher Than $60,000 In its latest weekly report, Glassnode has shared how the supply distribution of Bitcoin looks in terms of which levels the investors […]
The CEO of on-chain analytics firm CryptoQuant has explained why the supply shock due to the Bitcoin halving could be significant this time. The Reason Why Bitcoin Halving Could End Up Being Significant In a new post on X, CryptoQuant CEO and founder Ki Young Ju has talked about how the US-based Bitcoin miners are […]
Bitcoin and its price prospects in 2024 have been one of the primary subjects of discussion in the cryptocurrency space over the past few months. Grayscale is among the latest entities to discuss the premier cryptocurrency and speculate on its valuation in the fast-approaching new year. The crypto asset manager has offered a unique insight […]