News with the tag "Bitcoin Activity"

On-chain data shows user activity on Bitcoin went up during 2024, with the network processing an average of $8.7 billion in daily volume. Bitcoin Witnessed A Massive Amount Of Economic Volume During 2024 In a new post on X, the on-chain analytics firm Glassnode has discussed about the trend in the T...

Bitcoin (BTC) has once again experienced a highly volatile week, dropping to a weekly low of $97,700 on Monday before quickly recovering and surging above $105K in less than three days. The sudden rebound has reignited optimism among investors, with many now anticipating a continuation of the bullis...

Bitcoin is at a critical juncture after pulling back from its newly established all-time high (ATH) on Monday to test key demand levels. The cryptocurrency’s ability to hold these levels will determine whether it confirms a breakout and resumes its bullish momentum or enters a correction phase that ...

On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC. Bitcoin Active Addresses Have Recently Seen Their Biggest Drop Since 2021 As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC Active Addresses have...

On-chain data shows the Bitcoin Active Addresses metric has plunged to very low levels recently. Here’s what this could mean for the asset’s price. Bitcoin 30-Day MA Active Addresses Now Down To Just 1 Million As explained by CryptoQuant author Axel Adler Jr in a new post on X, the BTC Active Addres...

On-chain data shows that the active addresses of Bitcoin have seen a reversal recently, which could be positive for the cryptocurrency’s price. Bitcoin Daily Active Addresses Have Been Climbing Up Recently According to data from the market intelligence platform IntoTheBlock, Bitcoin has recently see...

The lack of retail participation is suspected of dropping Bitcoin wallet activities as celebrity memecoins attract speculators away from more established cryptocurrencies.