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Tag: onchain

Bitcoin

Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track

January 15, 2021 - by coineradmin

As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the …

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Bitcoin

Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track

January 15, 2021 - by coineradmin

As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the …

Read More
Bitcoin

Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV

December 30, 2020 - by coineradmin

On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum …

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Bitcoin

Bitcoin whales are buying more aggressively since Christmas, data finds

December 28, 2020 - by coineradmin

Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible …

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Bitcoin

Bitcoin whales are buying more aggressively since Christmas, data finds

December 28, 2020 - by coineradmin

Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible …

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Bitcoin

‘It will send BTC’ — On-chain analyst says Bitcoin hodlers are only getting stronger

December 6, 2020 - by coineradmin

According to on-chain analyst Willy Woo, the price of Bitcoin (BTC) could achieve a “conservative” target of $200,000 in 2021. The prediction revolves around the fact that long-time investors seem …

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Bitcoin

Bitcoin fees remain low despite price surge but Vitalik says they could soar

November 25, 2020 - by coineradmin

Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low. The current fees of around $3.50 …

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Bitcoin

Bitcoin fees remain low despite price surge but Vitalik says they could soar

November 25, 2020 - by coineradmin

Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low. The current fees of around $3.50 …

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Bitcoin

4 metrics suggest Bitcoin price will correct — But can BTC hit $20K first?

November 22, 2020 - by coineradmin

A pullback in the price of Bitcoin (BTC) is likely, based on several on-chain data points, namely the Spent Output Profit Ratio (SOPR) indicator, stablecoin inflows, stacked sell orders at …

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Bitcoin

Bitcoin mining revenue hits yearly high after return to pre-halving levels

November 20, 2020 - by coineradmin

Key on-chain metrics such as Bitcoin (BTC) mining revenues have returned to pre-halving levels, according to recent research. Data from analytics provider Glassnode suggests that revenue from Bitcoin mining is …

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