Category: Onchain
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Bitcoin Edges Higher But This On-Chain Indicator Says Wait
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At the time of writing, Bitcoin price is holding steady, finding support at the $56,300 to $57,000 level, looking at the performance on the daily chart. Technically, sellers have the upper hand from an effort vs. outcome perspective. For the short-term trend to change, prices must recover the losses incurred…
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Bitcoin Edges Higher But This On-Chain Indicator Says Wait
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At the time of writing, Bitcoin price is holding steady, finding support at the $56,300 to $57,000 level, looking at the performance on the daily chart. Technically, sellers have the upper hand from an effort vs. outcome perspective. For the short-term trend to change, prices must recover the losses incurred…
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TIA Down 23% In A Week, As Investors Eye On-Chain Projects
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They say journalists never truly wake up. But for Christian, that’s not just a metaphor, it’s a way of life. By day, he navigates the ever-changing currents of the cryptocurrency market, carrying words like a seasoned editor and crafting articles that decode jargon for the masses. When his PC goes…
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Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
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Chainlink (LINK) has seen significant volatility this week. Its price has fallen more than 13% from Monday’s high, pushing LINK to a critical support level around $11.20. Traders and investors are closely watching this crucial area. Related reading Data from Santiment confirms the importance of this level, showing that demand…
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Polygon on-chain activity spikes despite MATIC price dip
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Polygon has seen a significant increase in on-chain activity despite the bearish reversal in cryptocurrencies that has seen MATIC decline. While the price of Polygon (MATIC) may continue to struggle amid the weakness currently surrounding Bitcoin (BTC) and the broader crypto market, analysts say the surge in on-chain activity points…
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On-Chain Development Fuels 44% Surge in Just a Week
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They say journalists never truly wake up. But for Christian, that’s not just a metaphor, it’s a way of life. By day, he navigates the ever-changing currents of the cryptocurrency market, carrying words like a seasoned editor and crafting articles that decode jargon for the masses. When his PC goes…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…
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Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows
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Yesterday, Bitcoin (BTC) surged more than 6% after Federal Reserve Chairman Jerome Powell announced a policy adjustment and hinted at a possible 25 basis point interest rate cut at the next meeting on September 18. This unexpected news has led to Bitcoin’s recent volatility, with prices swinging unpredictably in recent…
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Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Onchain risk management co Chaos Labs raises $55m
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Israeli Chain Risk Management Company Chaos Labs Today, we announced the completion of a $55 million Series A funding round led by Haun Ventures with new investors including F-Prime Capital, Slow Ventures, and Spartan Capital. Existing investors Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture…
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On-Chain Activity Surges in July, Stats Show
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The ongoing decline in the cryptocurrency market as a whole began in July with the global cryptocurrency market cap initially falling to $2.5 trillion from $2.7 trillion earlier in May. However, despite this July decline, Cardano (ADA), the ninth-largest cryptocurrency by market cap, appears to have defied the downward trend.…
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GMX proposal to change revenue model proceeds to on-chain vote stage
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GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…
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GMX proposal to change revenue model proceeds to on-chain vote stage
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GMX, an on-chain, permanent spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain voting phase. According to advertisement On July 31, the new revenue distribution model aims to boost the long-term value of the GMX token (GMX). Currently, the DEX protocol…
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Le Poisson Rouge brings ticketing on-chain with Aptos integration
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Le Poisson Rouge (LPR), a popular New York City concert hall, has entered into an exclusive partnership with live event ticketing platform KYD Labs to bring its ticketing system on-chain. On Tuesday, Aptos Labs Advertise KYD Labs and LPR have announced an exclusive four-year deal that will allow Aptos blockchain…
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Bitcoin Forms Bullish On-Chain Signal That Led To 200% Price Rally Last Time
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According to the latest on-chain note, losses incurred by Bitcoin traders have reached a level that has proven significant to the currency’s movement several times in recent years. This raises the question – has the price of Bitcoin bottomed out? Traders’ realized losses are less than -12 again – what…
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Sygnum, Fidelity, And Chainlink Partner Up For Onchain Net Asset Value
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In the rapidly evolving world of digital assets, partnerships between chain linkFidelity International, and We suck This collaboration is a testament to the transformative power of blockchain technology. By bringing the net asset value (NAV) data of Fidelity’s $6.9 billion institutional liquidity fund to the blockchain, the collaboration promises to…
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XRP Exhibiting Unusual On-Chain Behavior, How Will This Affect Price?
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Data shows that XRP is Currently modeling Interesting on-chain behavior amid broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, an on-chain cryptocurrency analytics company. The strange behavior is noteworthy because it is associated with an increased open interest in XRP in comparison To other cryptocurrenciesWhich indicates that XRP…
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Are Bitcoin Bulls Preparing to Break $74,000? Here’s What On-chain Data Says
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As for spot rates, Bitcoin is resilient, coming under selling pressure and bouncing off the 20-day moving average, as seen on the daily chart. As BTC floats above $69,000, the bulls appear to be poised for further gains in the coming days. Currently, BTC is facing a strong rejection at…
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Are Bitcoin Bulls Preparing to Break $74,000? Here’s What On-chain Data Says
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As for spot rates, Bitcoin is resilient, coming under selling pressure and bouncing off the 20-day moving average, as seen on the daily chart. As BTC floats above $69,000, the bulls appear to be poised for further gains in the coming days. Currently, BTC is facing a strong rejection at…