The Bitcoin (BTC) bull market will most likely come to a conclusion sooner rather than later, according to an analysis published by CryptoQuant. In a new report, pseudonymous CryptoQuant executive Crypto Dan examines UTXO age bands, which look at specific groups of coins that have been received but not spent, and broken up into age […]
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The chief executive of market intelligence platform CryptoQuant is identifying what could unlock massive demand for Bitcoin (BTC) and other crypto assets. In a new thread on the social media platform X, Ki Young Ju says that 2025 looks like a good year for digital assets as the Donald Trump administration is set to take […]
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A crypto analyst says the rise in the Coinbase Premium Index is due to “increasing seller pressure” in the US market, reaching levels not seen since January 2024.
The Coinbase premium index — a metric used to gauge Bitcoin retail demand in the United States — fell to its lowest level in 12 months as 2024 drew to a close, with an analyst warning it could pose a challenge to short-term price recovery.
“The increasing seller pressure in the US market has significantly impacted the Coinbase Premium Index, dragging it to new lows,” CryptoQuant contributor Burakkesmeci said in a Dec. 31 analyst note.
The Coinbase premium can be used as a way to gauge Bitcoin (BTC) demand from US retail investors. A rising value indicates more buying pressure and a negative value hints at selling pressure.
The chief executive of market intelligence platform CryptoQuant is warning investors that the US government’s motivations for creating a Bitcoin (BTC) standard may be different from what they expect. In a new thread on the social media platform X, Ki Young Ju says that for the US to seriously consider a BTC standard, it would […]
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Bitcoin may be due for a strong price rebound in the coming days with immediate spot buyer demand rising on crypto exchange Binance.
A widely used trading metric that tracks buyer demand on crypto exchange Binance is signaling that Bitcoin may retest the psychological $100,000 price level before the year’s end, according to an analyst.
Since Oct. 28, Binance Bitcoin (BTC) Taker Buy Volume — the total volume of buy transactions executed by “takers” on an exchange — has formed higher lows, according to CryptoQuant contributor Burrakesmeci in a Dec. 27 analyst note.
Bitcoin has been lagging as it approaches the final days of 2024. At the time of publication, Bitcoin was trading at $96,222, according to CoinMarketCap data.
CryptoQuant’s CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.
Private Bitcoin transactions — using a process called CoinJoin — has tripled since 2022 as a result of huge Bitcoin accumulators accelerating their purchases of Bitcoin, according to CryptoQuant.
These Bitcoin whale addresses are primarily linked to spot Bitcoin (BTC) exchange-traded funds, MicroStrategy and custodial wallets, according to CryptoQuant’s Ki Young Ju, who explained that whales “frequently use privacy transactions” to transfer their funds to new institutional investors in a Dec. 26 X post.
CoinJoin transactions pool inputs and outputs from several parties in a way that obfuscates who might own an unspent transaction output.
The chief executive of market intelligence platform CryptoQuant says that Bitcoin (BTC) still has a ways to go before reaching its cycle top. In a new thread on the social media platform X, CryptoQuant CEO Ki Young Ju says that those predicting an upcoming bear market for the crypto king are likely ignoring on-chain data […]
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Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?
Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, have dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March.
If Bitcoin follows the same pattern with its current price of $98,680, it would mean a $187,500 price in a matter of months.
Binance’s Bitcoin (BTC) reserves recently dipped below 570,000 BTC — the lowest level since January, according to CryptoQuant contributor Darkfost in a Dec. 25 analyst note.
Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst.
Bitcoin wallets holding less than 1 BTC are expected to grow by approximately 9% in the near term as small-scale investors keep accumulating despite the asset breaking past the $100,000 mark, according to a crypto analyst.
“Despite being labeled as “shrimps,” these holders are showing strong confidence in Bitcoin’s growth, continuing to accumulate coins even at current price levels,” CryptoQuant contributor Axel Adler said in a Dec. 14 X post.
Shrimp wallets are an important indicator for crypto market participants to understand the level of “retail interest” in Bitcoin (BTC). Axel said that the average number of Shrimp addresses holding less than 1 Bitcoin currently stands at 323,000, an amount he expects to increase by a further 8.67% in the near term:
A crypto analyst says Bitcoin is in a state of “musical chairs” right now and warns that traders should be “prepared when the music stops.”
Bitcoin’s climb toward $100,000 has seen a significant amount of offloads from long-term holders, which some analysts say signals a potential top that could turn markets bearish and catch traders offside when buy-side demand starts to wane.
“It’s a game of musical chairs: enjoy the ride, but be prepared when the music stops,” CryptoQuant contributor Maartuun said in a Dec. 8 X post.
Since Nov. 8, long-term holders — wallets who have held Bitcoin (BTC) for at least 155 days — have sold 827,783 BTC worth around $82.6 billion at its current price of around $99,200.
