Tag: Report

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report

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Este artículo también está disponible en español. Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure is to be maintained. The report notes that in August 2024, BTC’s price slid by 8.7% to $58,972. The leading digital asset was also unable to overcome its…

Bitcoin whale accumulation heats up ahead of US CPI report

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Bitcoin whales seem bullish with increased accumulation as the release of the U.S. Consumer Price Index data gets closer. According to data provided by IntoTheBlock, the number of whale transactions consisting of at least $100,000 worth of Bitcoin (BTC) surged from 12,560 to 16,240 between Sept. 7 and 9.  BTC whale transactions – Sept. 10 | Source: IntoTheBlock The increased whale activity around BTC came after its price plunged below the $54,000 mark amid an increased selloff.  Per ITB data, Bitcoin whales have moved over $70 billion worth of the…

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals

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Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates […] Original

Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations […] Source CryptoX Portal

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

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A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently […] Original

Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

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Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. Related Reading This dramatic drop has left investors and traders questioning the reasons behind Ethereum’s struggle. A recent report from CryptoQuant offers some clarity, pointing to several factors that may…

Bitcoin (BTC) Price Pumps, Then Dumps to $55K as Crypto Markets Tumble After Jobs Report

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