CRYPTOCURRENCIES
Bitcoin Eyes for a Clear Direction amid the Mist
BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.
Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021
More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. The company said the amount it spent on goods and services by using its crypto-linked cards primarily.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum
Analysts acknowledged Bitcoin traders were on a go-slow as they were not buying the dip. Still, this doubt and disinterest was a positive sign of an upcoming turnaround.
The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low
Statistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.
ETH Holdings on Exchanges Drops Below 18% in 31 Months
ETH holders are still confident that an uptrend is in the offing as they have been withdrawing their holdings on crypto exchanges in droves, as acknowledged by crypto analytic firm Santiment.
Bears Dominate Market as Bitcoin Trading Below Key Daily Moving Averages
Market analysts believe bears are still in charge as Bitcoin is still trading below key daily moving averages like 50 MA, 200 EMA, and 200 MA.
Bitcoin Needs to Sustain the Level Around $32.2-33K as Support to Strengthen an Upward Momentum, says Market Analyst
Market analysts believe that the renewed upward momentum in the BTC market will sustain if the range between $32.2 and $33K got support.
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.
Bitcoin Mining Might Become More Easier and Lucrative Following China’s Crackdown
While Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
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.