Litecoin price outlook as on-chain activity spikes

Litecoin price was down 3% to trade around $67 on Friday morning. Santiment wrote on X that the altcoin has seen a rapid increase in on-chain movement. LTC is seeing a spike in address activity and whale transactions, with metrics at highest levels since June. The total crypto market is down 1.5% in the past […]

Bitcoin supply on exchanges the lowest since 2017, but why? On-chain report

Key Takeaways 11.8% of the Bitcoin supply is currently on exchanges, the lowest mark since 2017 Supply of Bitcoin on exchanges has been consistently falling since March 2020, when crypto bottomed ahead of the explosive pandemic bull run Originally, people pulled Bitcoin to participate in vibrant crypto ecosystem, with high volumes and activity and much […]

Bitcoin on-chain metrics are now bullish: Bitfinex

Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news. Bitcoin is trading around $23,360 at the time of writing, about 2.4% […]

Normalcy returning to crypto markets, on-chain data shows

Over the last few months, the crypto market has largely been pretty serene. Bitcoin had been in crab motion around $20,000 for quite a while, as it plodded along while waiting for the wider macro conditions to make a move. I wrote in late October to be cautious around this price action, and that Bitcoin […]

This analyst relies on on-chain metrics to support a Bitcoin price (BTC/USD) rally

Bitcoin rose to $17,000 on Monday. InvestAnswers thinks BTC is about to become bullish based on realised value. The token faces resistance at $19,000 and 50-day MA. Bitcoin price (BTC/USD) was up marginally on Monday as most cryptocurrencies made slight recoveries. BTC was back to $17,000 even as data by crypto derivatives exchange Deribit showed […]