Cryptocurrencies

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.

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
Cryptocurrencies

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.

Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion
Cryptocurrencies

Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion

On-chain metrics provider Santiment believes Bitcoin’s dominance and price have been driven by a surge in token circulation.

Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder
Cryptocurrencies

Ethereum Usage is Now 54 Times to Bitcoin as Ethereum 2.0 Becomes the Largest ETH Holder

As the neck-to-neck battle between Bitcoin and Ethereum continues, the latter has emerged as the victor in terms of usage.

Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time
Cryptocurrencies

Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time

The Bitcoin Lightning Network has been seeing an uptick in activity because it crossed the 3,000 BTC capacity for the first time.

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC
Cryptocurrencies

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Institutional investors continue to show their confidence in BTC, given that Bitcoin in public company treasuries has surpassed 200,000 BTC.

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