CryptoQuant

On-chain analysis firm CryptoQuant pointed out how Bitcoin's (CRYPTO: BTC) short-term Sharpe ratio has plummeted to levels unseen since September-October 2023. Such periods have typically signaled substantial turning points in the market. For instance, a similar dip in the Sharpe ratio during...

Bitcoin (CRYPTO: BTC) miners are ramping up their operations once again, as the network’s hashrate reached an unprecedented high this week, following a period of reduced activity. What Happened: According to a report by on-chain analysis firm CryptoQuant, the network’s hashrate set a...

Bitcoin’s availability on major cryptocurrency exchanges has dwindled to its lowest point ever, according to data analysis firm CryptoQuant. What Happened: Over 90,000 bitcoin have been withdrawn in the past month alone, suggesting a growing trend of investors holding onto their coins for...

While Bitcoin (CRYPTO: BTC) faces resistance near $53,000 and struggles to find sustained momentum, large investors, often referred to as "whales," are sending a different signal. What Happened: According to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, Bitcoin...

The Bitcoin (CRYPTO: BTC) Halving in April could make nine of the 11 largest publicly traded Bitcoin miners unprofitable at a Bitcoin price of $40,000, according to a new Cantor Fitzgerald report. What Happened: A preview of the report sees only Bitdeer (NASDAQ: BTDR) and...

A pseudonymous cryptocurrency analyst CrediBull said that people have been saying that the "market is super frothy atm [at the moment], major correction incoming,” since Bitcoin (CRYPTO: BTC) was trading at $25,000. What Happened: CrediBull observed that despite the market surge, both BTC...

Over a thousand Bitcoins (CRYPTO: BTC) from the “Satoshi era” changed hands earlier this week.  What happened: The “Satoshi era” refers to the period during which Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active, approximately from 2009 to 2011. In...

Bitcoin (CRYPTO: BTC) is on the verge of blossoming into a $900 billion asset should the anticipated approval of spot exchange-traded funds (ETFs) come to fruition. That's according to CoinDesk, citing data analytics firm CryptoQuant. The report also anticipates that the total crypto...

As five central banks across the United States and Europe took coordinated action to ease the stress on the global funding market, the price of Bitcoin (CRYPTO: BTC) saw a spike on Sunday evening, which prompted a reflective social media post from CryptoQuant CEO Ki Young Ju. What Happened: Ki...

A CryptoQuant analyst pointed out that the cryptocurrency market is largely bearish, and is likely to experience further downturns in the near term, due to high Bitcoin (CRYPTO: BTC) funding rates.  What Happened: According to the analyst ‘Caueconomy’, the funding rates have...

Binance is under hot waters, after it moved 127,351 Bitcoins (CRYPTO: BTC) from its Proof of Reserve wallet (CRYPTO: BTCB) to cold storage, on-chain data reveals. What Happened: After the above-mentioned transfer, over 68,200 BTC worth $1.1 billion were transferred to Binance from an anonymous...

As the cryptocurrency market attempts to get back on its foot in the aftermath of the FTX crisis, an analyst found that “whales don’t seem to be bothered much or panicking out of their positions.” What Happened: According to CryptoQuant analyst Tomáš Hančar, Bitcoin...

Data shows that institutions on Coinbase Global Inc (NASDAQ: COIN) increased their Bitcoin (CRYPTO: BTC) holdings significantly since the last quarter of 2020. What Happened: According to an analysis by crypto data firm CryptoQuant, institutions currently hold 1.4 million BTC on Coinbase — a...

Traders with a bearish bias saw massive liquidations in the last four days as Bitcoin (CRYPTO: BTC) surged 17% to a price of $44,700. What Happened: According to data from on-chain analytics platform CryptoQuant, $229 million worth of short positions were liquidated in the crypto perpetual futures...

On-chain data paints a grim picture when it comes to the short-term outlook for Bitcoin, according to analysts at CryptoQuant. What Happened: Bitcoin (CRYPTO: BTC) was down by 4% at one point Tuesday, falling to a low of $41,379. Signs of more volatility to come were highlighted by CryptoQuant...