News with the tag "exchange supply"

Are you watching the charts? Something significant is happening in the Bitcoin market, and it involves some big players. Recent data reveals that the Bitcoin exchange supply has plummeted to levels not seen in six years, sparking considerable discussion among analysts and investors alike. This isn’t...

Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days. This extreme price movement reflects the broader mark...

The Bitcoin exchange balance has jumped to its lowest level since July 2024 as the broader market takes a major shift. According to insight from Glassnode, this exchange BTC supply has now dropped below the 3,000,000 support zone. Bitcoin Exchange Balance: Historical Trend Per the Glassnode data , t...

The on-chain analytics firm Glassnode has revealed how a popular myth surrounding the decline of the Bitcoin exchange supply isn’t real. Available Bitcoin Supply Hasn’t Actually Dropped Much In its latest weekly report , Glassnode has discussed about a misconception that’s widely held in the Bitcoin...

As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adopt...

On-chain data shows the Bitcoin spot exchange inventory, which had been stuck in consolidation earlier, has finally started following a new trajectory. Bitcoin Spot Exchange Supply Has Seen A Sharp Plunge Recently In a new post on X, analyst Willy Woo has discussed about the trend in the Bitcoin spo...

Bitcoin price delivered a solid 37.3% gain in November following Donald Trump’s victory in the US Presidential elections. Historical data shows that the BTC rally can continue to another 46% in December. While BTC is currently flirting around $96,600, this rally could push it all the way to $141,000...

On-chain data shows the Ethereum Exchange Supply Ratio has continued to move flat around 2016 lows, a sign that may be bullish for ETH. Ethereum Exchange Supply Ratio Has Been At Lows Recently In a CryptoQuant Quicktake post , an analyst has talked about the recent trend in the Ethereum Exchange Sup...

An analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term. Bitcoin Spot Exchange Supply Has Been On The Decline Recently In a new post on X, analyst Willy Woo has discussed the short-term and medium-term trajectories that BTC could follow. For the...

On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Exchange Reserve has continu...