ANALYSIS
Bitcoin Needs to be Consolidated at $35K Level, Analysts predict
Bitcoin was up by 1.78% in the last 24 hours to hit 35,215 during intraday trading. Is a breakout in the BTC market is imminent?
Ethereum’s Daily Active Addresses Surpass Bitcoin for the First Time in Crypto History
ETH made history by surpassing Bitcoin’s daily active addresses, as acknowledged by crypto analytic firm Santiment.
Bitcoin’s Average Trader Returns Sink to a 14-Month Low as FOMO Factors Become Prevalent
The average Bitcoin trader has been on the receiving end as their returns have nosedived to a 14-month low, as revealed by on-chain metrics provider Santiment.
Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses
Bitcoin short term investors have been blamed for the primary culprits in the crash witnessed in the crypto market.
Strong Resistance For Bitcoin on its Path Towards $40K Lies at $37K
Data science firm IntoTheBlock believes that Bitcoin has to breach the $37,000 level because it is a significant stumbling block on its journey towards $40,000.
Ethereum Miner Revenue Plunges to a 4-Month Low
Ethereum miner revenue reaches a 4-month low of $1,096,941.17, analysts suggest Ethereum needs to reclaim $2,100 level for reclaiming bulls market.
Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.
How online users are turning to casinos for BTC wins
More and more online users are searching for ways to win big online, and betting with BTC has become the newest trend, read on for more
Active Bitcoin Addresses Hit a 14-Month Low as Long-Term BTC Holders Continue Accumulating
The number of active BTC addresses reached a 14-month low of 43,639.482, as revealed by on-chain metrics provider Glassnode.
Retail Momentum on the Bitcoin Network Slows Down by BTC’s Sinking Social Sentiment
Crypto analyst Joseph Young noted that a slow down in retail momentum and miners moving out of China were affecting Bitcoin.
