Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run. What To Expect From Dogecoin And Bitcoin In This Cycle James suggested…
View More Dogecoin Vs. Bitcoin: Gauging The Performances Of Two Crypto Giants This CycleThe Bitcoin price is still recovering from a major dip to $60,000 in the first three days of October. As the bulls and long-term holders continue to capitalize on the dip, analysis of on-chain data has revealed that the selling pressure has been eased massively as the majority of short-term holders have exited the market.…
View More Bitcoin Price Crash To $62,000 Was Led By This Holer Cohort, Data Shows
The CEO of the on-chain analytics firm CryptoQuant has explained how the Bitcoin whales have been showing a shift in their Realized Cap recently. New Bitcoin Whales Are About To Overtake Old Ones In a new Realized Cap” here is a model that calculates the total valuation of Bitcoin by assuming that each coin’s ‘true’…
View More Bitcoin Whales Are Going Through A ‘Generational’ Shift, CryptoQuant CEO Reveals
According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, Bitcoin Fails To Outshine Gold The leading digital asset by reported market cap surged from roughly $42,000 at the beginning of the year to…
View More Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns – Details HereAs Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend…
View More Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?
Bitcoin price corrected gains and tested the $61,850 zone. BTC is consolidating and might aim for a fresh increase above the $62,500 resistance. Bitcoin is holding gains above the $61,850 zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at…
View More Bitcoin Price Pauses, Eyeing a Fresh Increase: Can Bulls Deliver?
On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new UTXO Supply in Loss” measures, as its name suggests, the total percentage of UTXOs in existence…
View More Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?