Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed.$BTC spot exchanges outflow transaction count hits a year highView chart?https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ— CryptoQuant.com (@cryptoquant_com) July 6, 2021As the network re-adjusted its … [Read more...] about This crucial Bitcoin metric reached a high. But traders don’t seem to care
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Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline
Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › AnalysisThe crypto space saw choppy market conditions over the weekend as a crucial Bitcoin metric saw one of its biggest drops in history. Rohan Jethi · July 5, … [Read more...] about Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline
Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator.RSI forming higher lowsDubbed as Relative Strength Index, or RSI, the indicator measures the speed as well as change of directional price movements. It operates within a set range of numbers—between 0 … [Read more...] about Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
Historically accurate Bitcoin metric nears the next ‘potential’ price peak
Bitcoin (BTC) losing over 50% in a month may have a big silver lining as lower prices set up a classic bull flag.On Thursday, Philip Swift, creator of the Pi Cycle Top indicator, said that this year could still see a major Bitcoin price high. BTC price drop’s saving grace?Pi Cycle Top uses two moving averages — the 111-day and the 350-day multiplied by 2 — to determine likely … [Read more...] about Historically accurate Bitcoin metric nears the next ‘potential’ price peak
VeChain (VET) verifies results of a 305 metric tonne plastic clean-up in the ocean
ReSea Project, a Danish company with a community-driven solution to remove plastic from oceans and rivers in Indonesia, shared their Cleanup Impact Status on Linkedin yesterday, stating they cleared 305 metric tonnes of plastic waste from the ocean and verified the results using VeChain.“Our collection data from January-April 2021 is now verified by DNV and we are happy to … [Read more...] about VeChain (VET) verifies results of a 305 metric tonne plastic clean-up in the ocean