Category: Activity
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Toncoin: $1 Billion Whale Activity Shakes Up Price
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Despite a recent surge in activity from large investors, often referred to as “whales,” the price of Toncoin (TON) appears to be headed toward more choppy waters. This comes at a time when analysts are raising concerns about the weakness of the cryptocurrency’s technical indicators and the possibility of it…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
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Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) of 2024, with its native OP token up 9% on the back of this bullish momentum. Optimism sees higher activity and higher transaction fees According to my recent path a reportOptimism’s traded…
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Bitcoin on-chain activity declines, price movement sluggish
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Activity on the Bitcoin (BTC) network is approaching historic lows, with traders significantly slowing down transactions in the two months since Bitcoin reached a new all-time high price. Insights from data analytics company Santiment reveal On-chain activity on the Bitcoin network has slowed over the past few months, painting an…
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Bitcoin On-Chain Activity Nearing Historic Lows
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Bitcoin price has continued to move within a consolidation range since hitting a new all-time high in mid-March. This slow price movement has been a concern for most investors, especially when the leading cryptocurrency recently lost support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…
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The Top Layer 2 Networks by Development Activity in April
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While the cryptocurrency market witnessed significant bloodshed in April, layer 2 networks recorded significant developer activity, indicating strong faith in these projects despite the recent decline in the value of their native tokens. a tweet Cryptocurrency data analytics platform Santiment revealed that the top ten Layer 2 networks were selected…