Stablecoin issuer Tether (USDT) is now holding at least $2.82 billion of Bitcoin (BTC) as the firm continues to scoop up the crypto king at a high rate. According to Ki Young Ju, the founder and chief executive of on-chain market intelligence platform CryptoQuant, Tether is currently holding at least 66,400 BTC. “Tether revealed in […]
The post Tether Now Holding at Least $2,821,269,600 in Bitcoin As BTC Accumulation Spree Continues, Says Quant Analyst appeared first on The Daily Hodl.
On-chain analytics platform CryptoQuant believes that a deep corrective move is brewing for Bitcoin as the market eagerly anticipates the possible approval of spot-based BTC exchange-traded funds (ETFs). In a research report, CryptoQuant says that the approval of Bitcoin ETFs sometime this month could be a sell-the-news event as BTC investors are now sitting on […]
The post CryptoQuant Unveils Huge Downside Target for Bitcoin (BTC) Following ‘Sell-the-News’ Event This Month appeared first on The Daily Hodl.
The co-founder and CEO of CryptoQuant says that Bitcoin (BTC) is in a bullish trend that still has gas left in the tank, despite the king crypto suddenly smashing through $43,000. Ki Young Ju tells his 327,800 followers on the social media platform X that based on an aggregate of key metrics used by CryptoQuant, […]
The post Bitcoin Bull Market Not Yet Overheated As BTC Forms Negative Correlation With Stock Market: CryptoQuant CEO appeared first on The Daily Hodl.
New on-chain data reveals that top US-based crypto exchange Coinbase is seeing its Bitcoin (BTC) reserves skyrocket as Binance’s BTC holdings plummet. According to data from blockchain tracker CryptoQuant, Coinbase’s BTC reserves have increased by 12,000 BTC, worth about $450 million, while Binance’s Bitcoin holdings have decreased by about 5,000 BTC, or $187 million. The […]
The post Coinbase’s Bitcoin Reserves Skyrocket by Over $450,000,000 As Binance BTC Holdings Plunge: On-Chain Data appeared first on The Daily Hodl.
A mysterious Bitcoin whale has suddenly moved 3,000 BTC worth over $80 million after sitting quietly on their coins since 2017. Data from blockchain tracking firm Arkham Intelligence shows the whale beginning to accumulate in 2016, grabbing 3301 BTC in May of that year. The entity later sold 200 BTC in September of 2017, when […]
The post Bitcoin Whale Abruptly Moves 3,000 BTC Worth Over $83,000,000 After Six Years of Dormancy: On-Chain Data appeared first on The Daily Hodl.
A top crypto analytics firm has spotted an often overlooked metric hinting that big buyers are accumulating Bitcoin (BTC). In a thread on the social media platform X, on-chain data analytics provider CryptoQuant explores the question of what has changed with BTC over the last year. “What has changed to Bitcoin in the past 1 year? US-based […]
The post Analytics Firm Identifies Under-the-Radar Metric Hinting of Institutional Accumulation of Bitcoin (BTC) appeared first on The Daily Hodl.
The co-founder and CEO of CryptoQuant says that Sam Altman’s new altcoin project is “attempting to create colonies.” Crypto analyst Ki Young Ju tells his 327,800 Twitter followers that Open AI founder Sam Altman’s Worldcoin (WLD) project definitely has global aspirations. “The reason why English has become a global language is that the British Empire had many […]
The post Crypto Quant Analyst Does a Deep Dive Into Sam Altman’s Hot New Worldcoin (WLD) Project appeared first on The Daily Hodl.
On-chain analytics platform CryptoQuant is optimistic that Ethereum (ETH) will not come under severe selling pressure as feared following the Shanghai upgrade scheduled for next week. CryptoQuant says that the Shanghai upgrade, which is expected to allow the unstaking of Ethereum on April 12th, is unlikely to trigger above-normal selling pressure. According to CryptoQuant, the […]
The post Ethereum Selling Pressure To Be Lower Than Feared After Shanghai Upgrade, Says CryptoQuant – Here’s Why appeared first on The Daily Hodl.
On-chain analytics platform CryptoQuant is revealing the likely impact of the upcoming Shanghai upgrade on the price of smart contract blockchain Ethereum (ETH). According to CryptoQuant, the selling pressure for the second-largest digital asset will be low after this month’s Shanghai upgrade. The update will allow validators to withdraw ETH from Ethereum’s proof-of-stake blockchain for […]
The post $17,200,000,000 in Staked Ethereum Is Now Underwater – Here’s the Price Implication After Upgrade: CryptoQuant appeared first on The Daily Hodl.
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to […]