Bitcoin Exchange Reserves Fall To Lowest Levels on Record: The Bullish Signal Most Traders Are Missing

Bitcoin is holding above $90,000 as the market heads into a highly anticipated FOMC meeting, a moment that could define the next direction for risk assets. But while price action keeps traders on edge, on-chain indicators are painting a surprisingly different picture beneath the surface. According to a new CryptoQuant report by XWIN Research Japan,… Continue reading Bitcoin Exchange Reserves Fall To Lowest Levels on Record: The Bullish Signal Most Traders Are Missing

Bitcoin In Trouble? Exchange Reserve Spikes To Highest In Months

On-chain data shows the Bitcoin Exchange Reserve has witnessed a spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Reserve Has Hit A Multi-Month High In a new Exchange Reserve” refers to an on-chain indicator that keeps track of the total amount of the cryptocurrency that is sitting on the… Continue reading Bitcoin In Trouble? Exchange Reserve Spikes To Highest In Months

Bitcoin & Stablecoin Reserves Diverge On Binance: Liquidity Explosion Brewing?

On-chain data shows the Binance Exchange Reserve has diverged between Bitcoin and the stablecoins. Here’s what this could mean for the market. Bitcoin & Stablecoin Exchange Reserves Have Decoupled On Binance In a CryptoQuant Quicktake stablecoins. The “Exchange Reserve” here refers to an on-chain metric that keeps track of the total amount of a given… Continue reading Bitcoin & Stablecoin Reserves Diverge On Binance: Liquidity Explosion Brewing?

Bitcoin Exchange Stablecoins Ratio Surges—A Warning For Investors?

On-chain data shows the ‘Exchange Stablecoins Ratio’ for Bitcoin has shot up recently. Here’s what it could mean for the asset’s price. Bitcoin Exchange Stablecoins Ratio Has Broken Above 5 As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Exchange Stablecoins Ratio has registered an increase alongside the latest rally in the… Continue reading Bitcoin Exchange Stablecoins Ratio Surges—A Warning For Investors?

Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details

The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29. Interestingly, CryptoQuant CEO Ki Young Ju has stated a certain condition… Continue reading Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details

Bitcoin Continues To Exit Exchanges As Supply Drops To New 2024 Low

On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant Quicktake Exchange Reserve” here refers to an indicator that keeps track of the total… Continue reading Bitcoin Continues To Exit Exchanges As Supply Drops To New 2024 Low