Cryptocurrencies
Ethereum Whale Addresses Are Still Hovering Around an All-Time High
Ethereum whales are on a record-breaking trend.
Bitcoin Needs Momentum to Hit $43,000 For Recapturing the 200-Day Moving Average
Market analyst Lark Davis suggests that BTC needs momentum to push forward until the $43,000 level to regain the 200-day moving average.
Long-Term Bitcoin Holders Keep Stacking While Short-Term Holders Keep Selling
On-chain analyst William Clemente III revealed that long-term holders keep on stacking as short-term holders keep on selling.
U.S. Senator Warren Urged To Regulate Cryptocurrencies
Massachusetts senator Elizabeth has acknowledged that Bitcoin and Dogecoin have significant problems and therefore urges regulators to break crypto policy deadlock.
13.38% of Bitcoin’s Money Supply Has Now Moved Between $31K and $40K
On-chain analyst William Clemente III disclosed that 13.38% of Bitcoin’s circulating supply standing at 18.73 million BTC has moved between the $31k and $40k range.
Bitcoin Miners’ Wallet Net Flows Are Increasingly Turning Negative
Bitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
Bitcoin Needs to Push Above $40,000 for Bulls to Construct Confidence
Chris Weston, the head of research at Pepperstone Financial Pty, believes that Bitcoin ought to trade above the top of the present range of $40k for bulls to feel that they are out of vulnerability.
The Number of Ethereum Transfers Hit a Monthly Low
The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.
Biden To Aim at Deal With The Role of Crypto in Ransomware Attacks at G7 Meeting
Ransomware attacks and the role of cryptos like Bitcoin is a concern to the U.S. President Joe Biden is set to address with the G7.