Cryptoquant

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

September 19, 2024 Bitcoin.com

Bitcoin

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

CryptoQuant CEO ‘Genuinely Concerned’ About Industry, Says Crypto Failing Traders and Builders – Here’s Why

September 16, 2024 The Daily Hodl

Altcoins

The CEO of analytics firm CryptoQuant says he’s concerned about the direction that the digital asset industry is heading. Posting to the social media platform X, Ki Young Ju says that the builders who used to create things that traders loved have disappeared, largely due to overzealous regulations, being imprisoned, or making too much money […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise’

September 13, 2024 Coin Telegraph

Burak Kesmeci

A crypto analyst is eyeing Ether’s funding rate rising above 0.015 to see if “the calm before the storm breaks.”

Ether trader sentiment needs a slight uptick to confirm an indicator signaling a possible significant price spike and a trajectory for the token that could put it on a bull rally.

“We will wait for Ether’s funding rate to rise above 0.015 to see if the calm before the storm breaks,” CryptoQuant contributor Burak Kesmeci wrote in a Sept. 12 note. 

Ether’s (ETH) funding rate acts like a small market fee, aligning futures with spot prices and stabilizing perpetual contracts.

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data

September 7, 2024 Bitcoin.com

Bitcoin

Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin. Cryptoquant: Ethereum Underperforms Bitcoin by 44% Ethereum’s transition to a proof-of-stake (PoS) blockchain, known as The Merge, took place […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Bitcoin onchain indicator signals $58.5K price near ‘favorable’ buy level

September 1, 2024 Coin Telegraph

Coin Telegraph

A CryptoQuant contributor has indicated that a slight decrease in the Bitcoin Puell Multiple index could present a “favorable buying opportunity.”

A popular Bitcoin indicator that traders use to gauge miner selling activity is approaching a level that signals a promising buying opportunity for Bitcoin, according to a crypto analyst.

“The Puell Multiple index is fluctuating between these two critical levels. If historical patterns hold, a bearish scenario where the index drops below 0.6 could once again signal a favorable buying opportunity for investors,” CryptoQuant contributor Grizzly explained in an Aug. 31 analyst note. 

On April 20, around the Bitcoin halving, the Puell Multiple index score was 1.76. Source: Bitbo

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

August 28, 2024 Bitcoin.com

Bitcoin

A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says Weak Global Bitcoin Demand Persists Cryptoquant‘s report details how bitcoin’s price […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed

August 24, 2024 Coin Telegraph

Coin Telegraph

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

Bitcoin buyer interest in the United States hit a 39-day high following the US Federal Reserve further confirming that interest rates were due to fall, according to recent data.

“Bitcoin demand in the US spiked today as the Fed signaled the cycle of lower interest rates will begin,” CryptoQuant Julio Moreno wrote in an Aug. 24 X post.

On Aug. 23, Bitcoin’s Coinbase Premium Index spiked to its highest point in 39 days. Source: CryptoQuant/Julio Moreno

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Crypto Fear & Greed Index Jumps Back into Greed Territory

2 key Bitcoin metrics signal steady bull cycle — ‘No bubble’ in sight

August 21, 2024 Coin Telegraph

Axel Adler

The metrics suggest that Bitcoin is unlikely to be overvalued at current levels, and its price action is developing “steadily without significant anomalies or sharp jumps.”

Although Bitcoin’s price is yet to reclaim its March all-time high, an analyst claims two key metrics show that the bull market remains strong and steady with no signs of a deep correction.

In an Aug. 18 report, CryptoQuant researcher Axel Adler looked to two key metrics — the bubble vs. crush market structure and the ratio between the difference of market cap and realized cap and the standard deviation of market cap (MVRV-Z score) — as signals that Bitcoin’s current price action is tracking a healthy path forward. 

“We can see that the current bull cycle is developing quite steadily without significant anomalies or sharp jumps,” Adler added.

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable

August 15, 2024 Bitcoin.com

Bitcoin

Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’s […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Bitcoin On-Chain Indicators Shifting Back to Bull Market, According to CryptoQuant CEO

August 12, 2024 The Daily Hodl

Bitcoin

CryptoQuant head Ki Young Ju says that on-chain data is signaling that the Bitcoin (BTC) bull market is back on. The CEO of the analytics firm tells his 361,000 followers on the social media platform X that CryptoQuant’s Bitcoin bull-bear market cycle indicator, which tracks phases of investor sentiment, is back to bullish after briefly […]

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Crypto Fear & Greed Index Jumps Back into Greed Territory