Alongside Bitcoin, major altcoins posted minor recovery as optimism surrounding a potential ceasefire in the Iran conflict supported risk assets. XRP, for one, climbed by 4% on Tuesday. The appreciation, however, comes at a time when fewer XRP users are interacting with exchanges. Market Interest Cools On-chain analytics shared by CryptoQuant shows that the number […]
Global tensions, particularly the Iran-US conflict, have rattled crypto markets and pushed investors away from risk-taking. “Periods like this are generally not favorable for risk-taking, and this can be clearly observed in the sharp decline of Bitcoin’s Estimated Leverage Ratio on Binance,” said CryptoQuant analyst Darkfost on Monday. The metric measures the intensity with which […]
Bitcoin reserves held on centralized exchanges have fallen back to levels last seen in 2019. Data shared by crypto market analyst Dark Fost shows that exchange reserves have been steadily declining since 2022. This trend has accelerated following the collapse of the FTX exchange. Bitcoin Supply Migration In November 2022 alone, more than 325,000 BTC […]
Stack BTC Plc has raised $347,204 from several entities, including Nigel Farage, leader of the Reform UK party, and Blockchain.com. The fundraising was carried out through the issuance of 5,200,000 new ordinary shares at 5 pence per unit, with plans to use the proceeds to buy and grow UK businesses, build a Bitcoin (BTC) treasury, […]
Bitcoin (BTC), which was trading nearly 300 bucks around the $69,000 level at the time of this writing, has recorded readings from multiple on-chain indicators that often precede major trend changes, including weakening derivative momentum and falling short-term holder capital. The signals have come at a time when the flagship cryptocurrency is struggling to hold […]
After a day of more fluctuations prompted by the quickly developing situation in the Middle East, bitcoin’s price aimed at $70,000 minutes ago as Trump addressed the war and the Strait of Hormuz. His words sent shockwaves through other financial fields as well, especially with oil, as the CFDs on WTI Crude Oil plunged to […]
KuCoin has received the highest proof-of-reserves (PoR) transparency score among major crypto exchanges, according to CryptoQuant’s latest annual Exchange Leader report. The findings placed the Seychelles-based trading platform ahead of several larger rivals in a category that many traders view as central to assessing exchange solvency. Report Ranks Exchanges on Reserves and Trading Activity The […]
American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations. The 12% Capacity Expansion ABTC said in a March 3 press release that the new miners will add 3.05 […]
Crypto markets saw another red Monday morning as digital assets erased last week’s gains and returned to their sideways channel. The only thing going up at the moment is oil prices, with crypto, commodities, and US stock futures all falling on Monday morning. President Donald Trump said oil prices “will drop rapidly” when the “Iran […]
Although it remains the preferred safe-haven asset in times of exponentially increasing uncertainty, gold has seen a fair share of investor exodus, which was solidified by the largest US ETF tracking its performance last week. At the same time, BTC-related funds ended the same week in the green, albeit Thursday and Friday were deep in […]