Tag Archives: cryptoquant

Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market

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Binance, one of the world’s largest crypto exchanges, has achieved a new milestone as its open interest (OI) surged to an all-time high (ATH) of $8.3 billion, according to a report by CryptoQuant analyst Burak Kesmeci. This increase, representing a 10.24% growth over the past 24 hours, emphasizes Binance’s substantial share of global crypto futures… Continue reading Binance Hits $8.3B Open Interest High—Here’s What It Signals For the Crypto Market→

Analysts Debate Bitcoin’s Next Move As BTC Hits $75K All-Time High

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Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading… Continue reading Analysts Debate Bitcoin’s Next Move As BTC Hits $75K All-Time High→

Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?

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Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing… Continue reading Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?→

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

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The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This… Continue reading TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions→

Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?

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Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement, and possible market directions. Golden Cross On… Continue reading Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?→

Toncoin Sharpe Ratio Is Falling: What It Means And — Is It Time To Buy?

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Toncoin, which is one of the best-performing cryptocurrencies in 2024, has also been affected in recent months by the widespread bearish climate of the market. The price of the altcoin seems to be recovering nicely after suffering an abrupt decline on Friday, October 26.  As of this writing, the value of Toncoin stands around $4.92,… Continue reading Toncoin Sharpe Ratio Is Falling: What It Means And — Is It Time To Buy?→

Bitcoin Retail lnvestors Remain Cautious Despite Price Gain – Details

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Following its bearish start to October, Bitcoin has since shifted momentum, rising as high as $69,000 in the last two weeks. Despite this significant price rally, Bitcoin retail investors remain hesitant to engage the market. In its weekly crypto report on Friday, blockchain analytics firm CryptoQuant shared an interesting insight into this low retail activity… Continue reading Bitcoin Retail lnvestors Remain Cautious Despite Price Gain – Details→

Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?

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Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent price struggle for ETH has been quite interesting, with the asset seeing a significant shift in its… Continue reading Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?→

XRP Active Addresses Hits 6-Month Peak—Could A Market Shift Be Coming?

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XRP has recently witnessed a surge in blockchain activity, marked by a significant rise in the number of active sending addresses, according to latest data. This increase in active addresses comes amid the asset’s continuous struggle to register any significant rally in price. Instead, the altcoin has steadily decline now down by over 10% in… Continue reading XRP Active Addresses Hits 6-Month Peak—Could A Market Shift Be Coming?→

Bitcoin Price Rebounds Above $67,000 As Whales Continue to Accumulate

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Bitcoin (BTC) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity. According to the analyst, whales—large holders of Bitcoin—now control approximately 670,000 BTC, the highest amount ever recorded. This accumulation phase… Continue reading Bitcoin Price Rebounds Above $67,000 As Whales Continue to Accumulate→