Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode

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Bitcoin, bitcoin buying, Bitcoin Distribution, Bitcoin News, Bitcoin Rally, Bitcoin supply, btc, btcusd, Glassnode

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 […]

Bitcoin Shatters Profit-Taking Streak From 2021 Bull Run

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Bitcoin, Bitcoin Bull Run, Bitcoin News, Bitcoin profit-taking, Bitcoin Profits, Bitcoin Rally, Bitcoin Record, btc, btcusd

On-chain data shows the recent Bitcoin consecutive profit-taking day streak has now surpassed the longest run from the 2021 bull rally. Bitcoin Has Now Seen 157 Straight Days Of Net Profit-Taking As analyst James Van Straten explained as a new post on X, BTC has already surpassed the longest profit-taking spree from the previous bull […]

Did This Bitcoin On-Chain Metric Predict Recovery Early?

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Bitcoin, Bitcoin aSOPR, Bitcoin News, Bitcoin On-Chain Data, Bitcoin On-Chain Metric, Bitcoin Rally, bitcoin recovery, Bitcoin surge, btc, btcusd

On-chain data indicates that Bitcoin had retested a historically relevant line right before the latest recovery had come. Bitcoin Adjusted SOPR Retested The 1.0 Level Prior To Recovery When Bitcoin was declining, the cryptocurrency had dropped to a low of $60,600, which appears to have been the bottom, at least so far, given that the […]

Bitcoin Miners Enjoy 2nd Highest Daily Revenue Ever

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Bitcoin, Bitcoin Miner Income, Bitcoin Miner Revenue, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin Rally, btc, btcusd

On-chain data shows the Bitcoin miners have just witnessed their second highest revenue day in the entire history of the cryptocurrency. Bitcoin Miners Just Raked In Almost $76 Million In Total Revenue As pointed out by CryptoQuant head of research Julio Moreno in a new post on X, the BTC miners have recently seen daily […]

Bitcoin Breaks Above $65,000, Here’s A Reason Why

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Bitcoin, Bitcoin Break, Bitcoin Bullish, bitcoin buying, Bitcoin Coinbase Premium, Bitcoin News, Bitcoin Rally, Bitcoin surge, btc, btcusd, coinbase, Coinbase Premium

Bitcoin has just broken above the $65,000 level. Here’s a possible reason that may be contributing to this fresh bullish momentum in the asset. Bitcoin Has Edged Further Closer To A New High With Its Latest Break After consolidating near the $62,000 mark for a few days, Bitcoin has finally witnessed some uptrend in the […]

Bitcoin Rips Past $62,000, But Is Activity Justifying Rally?

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Bitcoin, Bitcoin Activity, Bitcoin News, Bitcoin on-chain, Bitcoin on-chain activity, bitcoin price, Bitcoin Rally, Bitcoin surge, Bitcoin Volume, bitcoin whales, btc, btcusd

In an extraordinary run, Bitcoin has managed to go as high as $64,000, but is this rally justified? Here’s what on-chain data suggests. Bitcoin On-Chain Activity-Related Metrics Are All Up Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how the on-chain activity has been looking like for Bitcoin […]

Bitcoin Breaks $59,000 As Smart Money Buys On Bitfinex

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Bitcoin, Bitcoin Break, Bitcoin News, Bitcoin Rally, Bitcoin Smart Money, bitcoin whales, Bitfinex, btc, btcusd

Bitcoin has broken above the $59,000 level recently as whales have been making huge withdrawals from the cryptocurrency exchange Bitfinex. Bitcoin Whales Have Taken Out $240 Million Worth Of BTC From Bitfinex As explained by analyst James Van Straten in a new post on X, Bitcoin’s latest push towards the $60,000 level has, in part, […]

Bitcoin Open Interest Hits Alarming Level, Brace For Impact?

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Bitcoin, Bitcoin futures, Bitcoin News, bitcoin open interest, Bitcoin Rally, Bitcoin Volatility, btc, btcusd

Data shows that Bitcoin Open Interest has surged to extreme levels recently, a sign that a large amount of volatility may soon clutch the market. Bitcoin Open Interest Has Been Rapidly Moving Up Recently As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Open Interest is very high. The “Open Interest” indicator […]

Bitcoin Trader Calls For New ATH Spike, Sign Of Local Top?

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Bitcoin, Bitcoin All-Time High, Bitcoin ATH, Bitcoin Bearish, Bitcoin Greed, Bitcoin Local Top, Bitcoin News, Bitcoin Rally, bitcoin sentiment, bitcoin top, btc, btcusd

Data shows that Bitcoin traders have been clamoring on social media for the price to reach a new all-time high (ATH) after breaking above $52,000. Hype Among Bitcoin Investors Has Risen As Price Continues To Rally According to data from the analytics firm Santiment, Bitcoin investors have been loud in their celebrations about the asset […]

Crypto Futures Bleeds $221 Million As Bitcoin Breaks $51,500

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Bitcoin, Bitcoin futures, bitcoin liquidations, Bitcoin News, Bitcoin Rally, btc, btcusd, Crypto, crypto futures, crypto liquidations, Cryptocurrency, cryptocurrency futures

Data shows the futures side of the crypto market has witnessed liquidations of $221 million as Bitcoin has broken above the $51,500 mark. Bitcoin Has Continued Its Latest Rally With A Break Above $51,500 Bitcoin had slumped back under the $49,000 mark just yesterday, prompting many to wonder whether the earlier surge above $50,000 was […]

Bitcoin “Mega Whales” Are Now Selling, Is The Top In?

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Bitcoin, Bitcoin Distribution, Bitcoin Mega Whales, Bitcoin News, Bitcoin Rally, Bitcoin Selling, bitcoin top, bitcoin whales, btc, btcusd

On-chain data shows the largest of the Bitcoin whales have switched to selling recently, a potential sign that these investors think the top is in. Bitcoin Investors With More Than 10,000 BTC Are Now Distributing In a new post on X, analyst James V. Straten has shared a chart that shows the behavior the different […]

Diamond Hands: Bitcoin HODLers Strong Despite $44,000 Break

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Bitcoin, Bitcoin diamond hands, Bitcoin HODLers, Bitcoin Long-Term Holders, Bitcoin News, Bitcoin Rally, Bitcoin Selling, btc, btcusd

On-chain data suggests the Bitcoin HODLers have remained stalwart recently, not selling despite the rally beyond the $44,000 level. Bitcoin Long-Term Holders Have Ignored The Latest Rally As Glassnode lead on-chain analyst Checkmate explained in a post on X, the old BTC hands aren’t even selling at levels similar to 2019 yet. The relevant indicator […]