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Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement
Cryptocurrencies

Bitcoin Circulation and Active Addresses Holding Steadily Despite Retracement

Bitcoin’s active addresses and circulation have not slowed down, despite the present correction because they have remained relatively strong.

Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed
Cryptocurrencies

Bitcoin Corrects after Hitting ATH at the $66,900 Level, Holders Remain Unfazed

Holders remain unperturbed about the current correction in the Bitcoin market if history is to repeat itself.

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%
Cryptocurrencies

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%

The total value locked (TVL) in DeFi on the Ethereum network breached the $100 billion mark as demand continues to soar.

Bitcoin’s Percent Balance on Exchanges Hits a 3-Year Low Amid Open Interest Breaking the Record at $19B
Cryptocurrencies

Bitcoin’s Percent Balance on Exchanges Hits a 3-Year Low Amid Open Interest Breaking the Record at $19B

Bitcoin’s percent balance on exchanges has been downtrending after hitting a three-year low of 13%.

Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952
Cryptocurrencies

Bitcoin’s Bear Trap Might be Over as Price Jumps to New ATH of $66,952

Market analyst Lark Davis Believed that the bear trap experienced in the BTC market might be over, along with reaching a new ATH of the Bitcoin's price.

The Number of Bitcoin Addresses in Profitability Breaks the Record, Price Inches Closer to ATH of $64,800
Cryptocurrencies

The Number of Bitcoin Addresses in Profitability Breaks the Record, Price Inches Closer to ATH of $64,800

The number of Bitcoin addresses in profit has reached a record high of 37,396,654.839. The market is expecting Bitcoin to break through $64.8K ATH level.

The Value Stored in the Bitcoin Network Stands at an All-Time High
Cryptocurrencies

The Value Stored in the Bitcoin Network Stands at an All-Time High

The value stored in the Bitcoin network is at a record high based on the realized price.

Bitcoin Outperforms than Commodities in 2021 Amid Dormant BTC Circulation Going a Notch Higher
Cryptocurrencies

Bitcoin Outperforms than Commodities in 2021 Amid Dormant BTC Circulation Going a Notch Higher

Bitcoin is the best-performing asset compared to commodities this year BTC with a return of 96%.

Large Bitcoin Transactions Worth More Than $100K Go Through The Roof
Cryptocurrencies

Large Bitcoin Transactions Worth More Than $100K Go Through The Roof

Large Bitcoin transactions have been on an uptrend, indicating institutional investments and whale activities.

Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval
Cryptocurrencies

Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval

99.02% of all BTC supply is now in profit.

Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K
Cryptocurrencies

Long-Term Holder Supply Shock Ratio Breaks Record as Bitcoin's Price Hits 6-Month High of $60K

On-chain analyst Will Clemente believes the next few months will be wild to Bitcoin, given that the long-term holder supply shock ratio is at an all-time high (ATH).

Venezuela’s Main Airport to Accept Cryptos as Payment for Flight Tickets & Services
Cryptocurrencies

Venezuela’s Main Airport to Accept Cryptos as Payment for Flight Tickets & Services

Freddy Borges, a director at Simon Bolivar International Airport, said that the airport would accept Dash, Petro alongside Bitcoin for ticket purchases and for other flight services.

Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800
Cryptocurrencies

Bitcoin Stands in the Last Resistance Zone, staring at the ATH level of $64,800

Bitcoin has been able to pick up the pieces because it is 11% away from the all-time high (ATH) price of $64,800 set in mid-April.

Bitcoin Futures Market is in a Healthy Contango,Indicating that the Price of Bitcoin will Rise Further
Cryptocurrencies

Bitcoin Futures Market is in a Healthy Contango,Indicating that the Price of Bitcoin will Rise Further

The BTC futures market has been scaling the heights based on an uptick in price, which means the market expectations are for higher prices in the future.

Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars
Cryptocurrencies

Bitcoin Entities in Profit Skyrocket to 94.3% as Open Interest Soars

As Bitcoin (BTC) briefly touched the $55K level, a fate last seen in May, profitability in this market scaled to new heights.