Ethereum’s Rise Not Driven by Bitcoin Sell-Off, On-Chain Data Indicates
Ethereum’s Surge in July Reflects Fresh Capital Inflows In July, Ethereum (ETH) experienced a remarkable upswing, skyrocketing over 60% from approximately $2,400 at the beginning of the month to a peak of $3,941. This surge stands out, especially as it appears to be fueled by new capital entering the market. ETH Rally Fueled by New […]
Bitcoin Requires $140K to Reach Record Profits, On-Chain Data Indicates
Bitcoin Price Potential for Long-Term Holders Long-term Bitcoin holders might be looking for a significant price hike, potentially around $140,000, to enjoy similar benefits as they did earlier in this cycle. Cryptoquant notes this price range aligns with a historical peak in realized profits for those who have held the coin for at least six […]
XRP On-Chain Activity Falls 80% Over 5 Months, Experts Debate Positive/Negative Effects
XRP’s Recent On-Chain Metrics XRP has seen a notable drop in new wallet creations over the last five months, which may impact its price prospects. This decline in network activity has sparked differing views among analysts. One expert is skeptical about XRP returning to the $3 mark, while another dismisses such pessimism. XRP’s price has […]
XRP on-chain data reveals why $3 is currently unattainable.
Key Insights Daily decreases in active and new addresses lead to lower network activity, causing diminished demand for XRP. XRP’s open interest has seen a 30% decline over the past month. The XRP price is currently below a significant trend line, indicating a potential drop to $1.20. In the last month, XRP (XRP) prices have […]
JPMorgan and SEC hold talks about onchain capital markets.
JPMorgan Meets SEC on Digital Asset Regulations Executives from some of the largest banks in the U.S. recently met with the Securities and Exchange Commission’s Cryptocurrency Task Force. The main topic? The possible effects of new regulations on digital assets and the movement of capital markets to blockchain. During the discussions, JPMorgan Chase’s leaders focused […]
Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why – TradingView
Despite numerous upgrades and innovations roll out, Ethereum prices remain behind Bitcoin (BTC) by a large margin. Reports reveal that ETH is suffering from an astounding 77% price crash against BTC. This is a reduction that is likely to be driven by a mix of technology, macros, and emotionally driven factors. In particular, Santiment, an […]
Trump Family’s World Liberty Financial (WLFI) Transfers $59,800,000 in Ethereum to Coinbase Prime: On-Chain Data – The Daily Hodl
World Liberty Financial (WLFI), a decentralized finance (DeFi) project run by Donald Trump, has moved nearly $60 million worth of Ethereum (ETH). Crypto tracker Lookonchain memo World Liberty deposited 18,536 ETH worth $59.8 million into Coinbase Prime on Tuesday. The DeFi project said on Tuesday that it carries out “periodic transfers” of its crypto holdings […]
Crypto Analyst Says On-Chain Indicator Flashing Bullish Signals for XRP, Solana and Two Other Altcoins – The Daily Hodl
According to a popular cryptocurrency analyst, momentum indicators for XRP, Solana (SOL), and two other altcoins have turned bullish recently. Ali Martinez say His 101,300 followers on social media platform I did. Traders use the TD Sequential Indicator to predict potential trend reversals in a token based on the closing prices of the past 13 […]
On-Chain Analysis Identifies Key Factor Preventing Bitcoin Breakout to $100K – The Crypto Basic
As Bitcoin faces bearish pressure, the road to The next milestone, on-chain analysis, identified one of the reasons for not reaching that level. In today's Bitcoin news, here are the recent price trends for BTC: nothing is missing It was especially noticeable when approaching $100,000 mark. Despite reaching a high of $99,800 on November 22, […]
Investment Giant Franklin Templeton Building On-Chain Financial Services for Regulated Securities on Solana – The Daily Hodl
Financial services giant Franklin Templeton has announced that it is building a money fund for regulated securities on smart contract platform Solana (SOL). Speaking during a session during the Solana Breakpoint 2024 event, Mike Reed, head of digital asset partnership development at Franklin Templeton, said the investment giant's final step in completing the project is […]