On Tuesday, the US Department of Justice announced criminal charges against the global crypto exchange KuCoin and two of its founders, Chun Gan (also known as “Michael”) and Ke Tang (also known as “Eric”). The charges, related to conspiring to operate an unlicensed money transmitting business and violations of the Bank Secrecy Act, have stirred […]
The price of Bitcoin has been in a good recovery form in recent days, making its way back above $43,000 this week. However, the latest on-chain data shows that miners have been offloading their BTC, as they seem to be engaging in a selloff ahead of the halving event in April. Miners Sell $600 Million […]
An on-chain indicator from CryptoQuant is currently forming a pattern that could suggest a bearish turn might take place for Bitcoin. Bitcoin Whales Seem To Be Going Risk-Off Mode Currently As explained by CryptoQuant founder and CEO Ki Young Ju in a post on X, the BTC whales have appeared to have been shifting towards […]
The head of research at CryptoQuant has explained that Bitcoin on-chain data already showed signs of overheating a while before the crash. Bitcoin Short-Term Holder Profit/Loss Margin Spiked Before Crash Not even a couple of days after Bitcoin registered its sharp rally above the $45,000 mark, the coin has already crashed and has retraced the […]