The inception of Ordinals in December 2022, initiated by Bitcoin developer Casey Rodarmor through the release of the ORD software, changed Bitcoin’s paradigm. Once merely satoshis in a fungible ecosystem, introducing Ordinals added uniqueness to […]
On-chain analysts at Glassnode and Ark have developed a new framework for analyzing the Bitcoin network’s “economic state.” The framework, called “Cointime Economics (CE),” will help increase the accuracy of on-chain analysis, which savvy investors […]
Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows. In an X (formerly Twitter) post on Aug. 25, Ki Young Ju, CEO of analytics platform CryptoQuant, […]
Bitcoin deposited in exchange wallets has now dropped to 2.05 million BTC, its lowest since January 2018. With the overall crypto market sentiment trending neutral, here’s how Bitcoin price could react in the coming days. […]
Crypto analytics platform Santiment has found that bitcoin (BTC) supply on exchanges has plummeted to its lowest level in roughly six years. On-chain data analyzed by the firm shows that only 5.8% of the total […]
Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon begin approving applications. The two […]
Mike McGlone believes that Bitcoin could potentially follow a trajectory similar to the stock market during the Great Depression of the 1930s. However, while there are some similarities, it’s essential to highlight the technological and […]
Bitcoin plunged below the $26,000 level on Wednesday extending monthly losses to nearly 15% but it has never been more difficult to mine the leading crypto-asset. Despite a severe drawdown in price, Bitcoin’s network fundamentals […]
In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market analysis shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going […]
The number of Ordinals inscriptions on Bitcoin network has crossed 25 million, marking a remarkable milestone for the protocol launched in December 2022. The record number is amid a decline in trading volume for these […]
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