iCryptoDesk Crypto News and Updates on all Cryptocurrencies like Bitcoin, Litecoin…….
But to be fair, they’re a long way behind remote-controlled junk cages. Source link
Read More »Bitcoin payments are the 'second stupidest idea I’ve heard,' says Late Show’s Stephen Colbert
On-Chain Data Shows Bitcoin Rally Has Yet to Enter “Overheated” Territory
Bitcoin’s rally has been heating up as of late, with bulls taking full control of its price action as they sent its price rocketing past its previous all-time highs overnight This rally didn’t last for too long, as an influx of selling pressure around $36,000 slowed its ascent and caused …
Read More »Data Shows Institutions are Buying Bitcoin Above $30,000 Despite Turbulence
Bitcoin’s price action has been quite mixed as of late, with buyers and sellers both vying for control over the cryptocurrency’s trend Over a mid-term time frame, bulls are clearly in control and are showing no signs of letting up to bears anytime soon Where the market trends in the …
Read More »Ethereum “Anti-Network Effect” Shows “DeFi Has Outgrown” The Altcoin
Ethereum broke out over the weekend and looks primed to follow in Bitcoin’s footsteps by shattering its former all-time high and soaring far higher. But while Bitcoin prices climb, there has been minimal impact on the underlying network, nor has there been a sizable increase in fees that characterized the …
Read More »Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is …
Read More »Data Shows New Investors Flooded into Chainlink in 2020; Upside Imminent?
Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin. This trend shows few signs of letting up anytime soon, as most major altcoins are …
Read More »'Bitcoin liquidity crisis' — BTC is becoming harder to buy on exchanges, data shows
Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher. Source link
Read More »Hedge Funds are Betting Heavily on a Bearish Bitcoin Reversal, Report Shows
Bitcoin’s uptrend over the past few months has been historic, with bulls taking full control of its price action and sending it from sub-$10,000 lows in late summer to highs of $28,500 just a few days ago. After reaching these highs, the cryptocurrency’s uptrend stalled, with the past few days …
Read More »Despite Bitcoin’s Price Highs, Onchain Data Shows BTC Miners Are Not Spending More Than Usual
The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner outflow has been higher …
Read More »Indicator Shows Whale Selling Pressure on Bitcoin is Growing; What This Means
Bitcoin’s price action has been choppy to say the least, with its recent rally to fresh all-time highs of $24,200 being rapidly sold into by whales and other large investors, who forced the price down to lows of $22,000 before the selloff reversed. In the time since, the crypto has …
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