On-chain analytics platform Santiment has weighed in on whether the Bitcoin price has reached its bottom, following its drop to the $108,000 range. The platform alluded to the current social sentiment, suggesting that a further drawdown may be looming. Bitcoin Price Bottom Not Yet In Amid Spike In Social Dominance In a research report, Santiment…
View More Is The Bitcoin Price Bottom In? Here’s What Social Sentiment Says
Dogecoin, despite being held up around the $0.21 to $0.23 price zone, has seen its user base grow with adoption among crypto investors of all types. Notably, on-chain data shows that Dogecoin has now surpassed 8 million in terms of addresses holding a non-zero balance. On‑chain analytics from Santiment reveal that Dogecoin has risen from approximately 6.9 million holders…
View More Dogecoin Holder Count Surges Toward New All-Time Highs — Here Are The FiguresBitcoin and the broader crypto markets faced a jolt on January 12 after the latest US Consumer Price Index (CPI) data came in hotter than expected. The shock sent Bitcoin briefly downward before bouncing back, spurring a range of reactions among traders and analysts. The US Bureau of Labor Statistics released figures showing a 0.5%…
View More Bitcoin Faces CPI Shock—But Research Firm Says ‘Buy The News’
The Bitcoin price has been somewhat quiet since hitting its all-time high of $108,135, struggling to hold a six-figure valuation for long. Case in point — the premier cryptocurrency barely lasted a day above $100,000 before crashing to under $92,000 in the past week. This sluggish price action has triggered discussions about the likelihood of…
View More Is The Bitcoin Bull Market Still On? STH Cost Basis Suggests So
Following a market rebound, Ethereum (ETH) has shown only sideways movement in the past few days as the battle to break beyond the $4,000 price region continues. While investors continue speculating on the asset’s next movement, the recent development of a new support region hints at a continued upward trajectory. ETH Bulls Form Strong Support…
View More Analyst Reveals Key Ethereum Support Zone Amid $4,000 Price Struggle
From attaining a six-figure market price to a sudden market crash, Bitcoin has remained the major headliner in the crypto market over the past week. Among these rapid developments on the largest digital asset, blockchain analytics company Santiment has observed a massive decline in mining balance. Bitcoin Miners Offload 85,503 BTC In 48 Hours On…
View More Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why
Over the past week, the cryptocurrency market was not particularly on that impressive streak many investors may have now become accustomed to. However, the large-cap altcoins seem to have woken from their slumber to close the week, with the Chainlink price showing good signs of recovery after falling into a consolidation range. The price of…
View More Chainlink Price Shines With 40% Rally — Is $28.5 Possible?
Known meme coin Shiba Inu (SHIB) is hogging the headlines; massive accumulators are increasing efforts due to a volatile market. The latest data shows inflow from large holders has increased by 555% within the last 90 days, which means major stakeholders are taking positions to capitalize on an expected increase in value. This is especially…
View More Shiba Inu Inflows Soar 555% In 3 Months – Will The Momentum Continue?
Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last…
View More Dogecoin And Shiba Inu Social Dominance At 5-Month High — Can FOMO Stall Price Growth?