One Relatively New Decentralized Exchange Has Gained Traction Quickly Amid a Cooling DEX Market: IntoTheBlock

September 14, 2024 The Daily Hodl

AERO

One relatively new decentralized exchange (DEX) is gaining momentum despite the bearish conditions in the crypto segment, according to the digital asset analytics firm IntoTheBlock. The firm notes the total market cap of major DEX tokens currently sits at $26.6 billion. “After a brief rise earlier this year, the market has cooled down, wiping out […]

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‘Unfazed by the Market’ – Whales Accumulate Over $10,271,000,000 in Bitcoin in Just Six Months: IntoTheBlock

September 9, 2024 The Daily Hodl

Bitcoin

New data from market intelligence platform IntoTheBlock reveals that crypto whales have accumulated over $10 billion worth of Bitcoin (BTC) during the last six months. In a new report, IntoTheBlock says that whales appear unworried by the downward price action as deep-pocketed investors holding between 100 and 1,000 Bitcoin have been steadily collecting tens of […]

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Bitcoin Witnesses $1,700,000,000 in Weekly Net Outflows As Whales Load Up on BTC Amid Correction: IntoTheBlock

August 11, 2024 The Daily Hodl

Bitcoin

Analytics firm IntoTheBlock says that deep-pocketed investors took Bitcoin’s correction toward a low of $49,000 last week as an opportunity to gobble up BTC. IntoTheBlock says Bitcoin witnessed net outflows to the tune of $1.7 billion from crypto exchanges over a one-week period. The analytics firm defines net outflows as the number of coins that […]

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Price Growth of Worldcoin and Two Other Crypto Projects May Stall Due to Significant Token Unlocks: IntoTheBlock

July 16, 2024 The Daily Hodl

Altcoins

Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, […]

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Bitcoin whales snapped up $4.3B of BTC amid price slump

July 15, 2024 Coin Telegraph

bitcoin whale

Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.

Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023.

Much of that Bitcoin (BTC) — worth $4.3 billion at current prices — was scooped up when Bitcoin retraced to $54,200 on July 5, a chart from cryptocurrency analytics firm IntoTheBlock shows.

CryptoQuant notes that Bitcoin whales have now been stacking Bitcoin at the fastest rate (on a 30-day moving average) since April 2023, shortly after several local banks in the US collapsed.

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Analytics Platform IntoTheBlock Says Bitcoin Faces Further Downside Pressure, Outlines Critical Demand Zones

July 4, 2024 The Daily Hodl

Bear Market

New data from crypto analytics platform IntoTheBlock indicates that Bitcoin (BTC) is facing further downside pressure. According to the market intelligence firm, the crypto king’s recent drop below $60,000 – a critical demand zone historically – could cause it to see further price cuts. “Bitcoin has breached its $60,000 support level, a critical demand zone. […]

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Whales Accumulate Over $16,781,000,000 in Bitcoin Since ETF Launch As BTC Enters Institutional Era: IntoTheBlock

May 20, 2024 The Daily Hodl

Bitcoin

New data from market intelligence firm IntoTheBlock reveals that deep-pocketed crypto investors have accumulated tens of billions of dollars worth of Bitcoin since BTC exchange-traded funds (ETFs) launched in January. In a new article, IntoTheBlock says that the top crypto asset by market cap’s era of institutional adoption is here as crypto whales have gobbled […]

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Market Cap of Memecoins Hit $56,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock

April 8, 2024 The Daily Hodl

Market Cap of Memecoins Hit ,000,000,000 in Q1 As Demand Soared to Highest Level Since 2021: IntoTheBlock

Altcoins

New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest […]

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Ethereum Network Flashing Signs of Growth Amid Regulatory Uncertainty and Underperforming Price: IntoTheBlock

March 23, 2024 The Daily Hodl

Bitcoin

Leading smart contract platform Ethereum (ETH) is showing signs of growth despite its underperformance and the regulatory uncertainty surrounding it, according to market intelligence firm IntoTheBlock. In a new article, the head of research at the crypto analytics platform says that Ethereum volumes are reaching levels they haven’t seen in years, signaling growth. “Ethereum has […]

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Cardano (ADA) Flashing Signs of a Potential Rally, According to Crypto Analyst Ali Martinez – Here’s His Target

February 9, 2024 The Daily Hodl

ada

A widely followed crypto analyst says that smart contract platform Cardano (ADA) has formed a chart pattern that potentially indicates an upcoming rally. In a new thread, crypto strategist Ali Martinez tells his 44,000 followers on the social media platform X that the price of ADA could go up based on the cryptocurrency’s descending triangle […]

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IntoTheBlock

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