Crypto analytics firm Santiment says that three of the largest crypto networks by market cap now have more than 80% of their existing supplies in profit. The Total Supply in Profit metric measures what percentage of coins are currently in profit compared to the last time they moved, and sometimes correlates with price trends. According […]
The post Bitcoin, Ethereum and XRP Sitting at ‘High-Risk’ Profit Levels, Warns Crypto Analytics Firm Santiment appeared first on The Daily Hodl.
Certain on-chain indicators suggest the crypto market’s current downtrend may not end up being as brutal as past bear markets, according to Lucas Outumuro, head of research at analytics firm IntoTheBlock. In a new analysis, Outumuro acknowledges that it’s getting “harder and harder to argue we are not in a bear market.” Though the total […]
The post On-Chain Metrics Suggest This Crypto Bear Market Won’t Be As Brutal as Past Cycles: Analytics Firm IntoTheBlock appeared first on The Daily Hodl.
Billionaire and Galaxy Digital CEO Mike Novogratz says corporate interest in Bitcoin (BTC) and Ethereum (ETH) has never been higher. In a new interview with CNBC, the top executive says that even though crypto markets just suffered through an “ugly” moment, institutional interest is clearly ramping up. “We held 40,000 in BTC and 2,800 in […]
The post Bitcoin and Ethereum Looking Strong as Institutional Crypto Activity Hits Critical Mass: Mike Novogratz appeared first on The Daily Hodl.
