Analysis
Analysis
Blow to miners: Bitcoin to see largest difficulty adjustment since 2018 as hash rate rockets
Bitcoin’s halving that took place in May struck a serious blow to miner’s profitability, causing many smaller operations to shut off their rigs due…
Analysis
There’s now 3.0M Bitcoin wallets holding over 0.1 BTC; Pointing to mass retail accumulation
Bitcoin’s bout of consolidation has caused investors to grow increasingly fearful that its recent multi-month uptrend is in peril. Despite this, retail investors still…
Analysis
Chainlink‘s parabolic uptrend in question despite signs of fundamental strength
Chainlink’s immense strength seen throughout the past couple of years may soon come to a conclusion. This grim possibility is rooted in the fact…
Analysis
Why one on-chain indicator shows Bitcoin could face heavy resistance at $9,600
Bitcoin’s recent rejection at $10,000 has altered its market structure, despite it being able to maintain some levels of stability within the mid-$9,000 region.…
Scams
Ethereum co-founder: Blackmail may be primary factor behind $5.0M ETH transaction fees
The crypto community was captivated by two anomalous Ethereum transactions that took place earlier this week. Both transactions were for relatively small amounts, but…
Analysis
Here’s why institutions are becoming more bullish on Bitcoin than retail traders
The state of Bitcoin’s market structure has been incredibly unclear as of late. Despite currently being up 150 percent from its March lows, the…
Analysis
Bitcoin’s correlation with equities places BTC in a precarious position; 3 factors to consider
Bitcoin has been flashing some immense signs of overt weakness throughout the past several days, and this appears to be reflected in its price…
Analysis
Crypto market sheds $20 billion as “blue chip” tokens lead selloff
The crypto market bore witness to a sharp decline today that came about following a failed attempt to rally seen yesterday. This movement was…
Analysis
Chainlink reaches key resistance as parabolic trendline forecasts upside
Chainlink has been vying to incur further momentum as it hovers just slightly below its previously established all-time highs. The cryptocurrency’s ability to gain…
Analysis
Here’s the likely reason why it just cost $2.6M to move $130 worth of Ethereum
Ethereum’s average transaction fees just rocketed overnight after one user spent millions of dollars in fees to send a tiny amount of ETH. After…
Analysis
This on-chain compass shows Bitcoin is on the cusp of entering a firm uptrend
Bitcoin has seen a notable uptick in its fundamental strength over the past week. This strength has come from multiple fronts, including increasing network…
Wallets
Ethereum reaches a major milestone as total unique wallet addresses surpasses that of Bitcoin
Ethereum reached a major milestone today, with the cryptocurrency now boasting a total of 119.63 million unique wallet addresses. This in itself is a…