Tuesday, February 11

Tag: CryptoQuant

49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?
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49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?

Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week, BTC traded below $90,000 and quickly bounced back to above $100,000. As of today, the asset now hovers above $98,000. Amid this price performance, CryptoQuant contributor XBTManager has provided insights into an important on-chain metric, highlighting a notable shift in the 6-12 month spent output age bands. This activity sheds light on possible market dynamics and future price developments. Analyzing Bitcoin’s Spent Output Age Bands The 6-12 month spent output age band reveals instances where long-held Bitcoin is moved, offering a glimpse into shifting market behavior. According to XBTManager, a significant amount—49,700 BTC—has recently been spent in this category today. Such substantial ...
Analyst sets $95,000 ceiling for Bitcoin fair value amid declining network activity
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Analyst sets $95,000 ceiling for Bitcoin fair value amid declining network activity

Analyst sets $95,000 ceiling for Bitcoin fair value amid declining network activity Gino Matos · 2 days ago · 2 min read The report attributes the falling network activity to the declining popularity of the Runes protocol. 2 min readUpdated: Feb. 6, 2025 at 12:01 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant.As of press time, Bitcoin was trading at roughly $96,500, making the flagship crypto overvalued from a network activity perspective based on CryptoQuant’s valuation model.The Bitcoin Network Activity Index has declined 15% since its peak in November 2024. ...
Ethereum Flashes Bullish Divergence– Is A Rally On The Horizon?
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Ethereum Flashes Bullish Divergence– Is A Rally On The Horizon?

The cost of Ethereum (ETH) has actually revealed some substantial modification in the previous day increasing by 1.86%. According to trading information from CoinMarketCap, the popular altcoin has actually tape-recorded unfavorable development considering that December 2024 regardless of some substantial gains in the previous month. Surprisingly, underlying market activity indicate a prospective rate breakout. Ethereum Sees Strong Accumulation Activity Amid Price Dip Since touching the $4,000 cost mark, Ethereum has actually slipped into a sag falling as low as $3,000. In the middle of noteworthy gains by Bitcoin in January, Ethereum continues to have a hard time striking constant lower lows throughout this duration. A CryptoQuant market professional with the username Crypto Sunmoon ...
Bitcoin’s Next Move: A Final Leg Up or Just the Beginning? Expert Weighs In
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Bitcoin’s Next Move: A Final Leg Up or Just the Beginning? Expert Weighs In

Bitcoin is revealing indications of a steady healing following its earlier pullback. After dipping listed below the $100,000 mark, the cryptocurrency has actually restored ground, presently trading above $102,000. This represents a 6.3% boost over the previous 2 weeks. In the middle of this upward trajectory, a CryptoQuant expert has actually evaluated the patterns of Bitcoin's recognized capitalization and UTXO age bands for ideas about what may follow. What the Data Suggests About Bitcoin's Future IT Tech, a factor to the CryptoQuant QuickTake Platform, just recently shared insights on Bitcoin's existing cycle habits. According to the analysis, the percentage of more youthful UTXOs-- coins that have actually moved just recently-- has actually started to increase. Historically, high lev...
Bitcoin– Is $105K next after CPI fuels $500M stablecoin inflows on Binance?
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Bitcoin– Is $105K next after CPI fuels $500M stablecoin inflows on Binance?

1200" height="675" src="https://ambcrypto.com/wp-content/uploads/2025/01/Gladys-21-1200x675.jpg" alt="Bitcoin - Is $105K next after CPI fuels $500M stablecoin inflows on Binance?" decoding="async" fetchpriority="high"/> < img data-del="avatar" alt="Avatar" src="https://ambcrypto.com/wp-content/uploads/2024/06/at-02.05.08-e1718428356778-80x80.jpeg" height="48" width="48"/ > factor Share this post Bitcoin's rate has actually valued by 3.34% over the last 24 hours CPI sustained$500 million stablecoins inflows on Binance Bitcoin [BTC] has actually seen a strong growth on its charts recently, one that has actually pressed it previous $100k. At the time of c...
Bitcoin surges past $100K as market eyes bull cycle peak
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Bitcoin surges past $100K as market eyes bull cycle peak

Bitcoin Home » Bitcoin » Bitcoin surges past $100K as market eyes bull cycle peak byEstefano Gomez Jan. 6, 2025 Bitcoin’s recovery is fueled by tightening sell-side liquidity, with Bitfinex pointing to reduced miner activity as a critical factor. Photo: Forbes Key Takeaways ...
Bitcoin on track for longest flat market in halving year history
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Bitcoin on track for longest flat market in halving year history

Bitcoin on track for longest flat market in halving year history Gino Matos · 2 weeks ago · 2 minutes checked out Bitcoin has a hard time to begin a considerable parabolic upward motion in a brand-new 'sped up' post-halving bull run. 2 minutes checked outUpgraded: Oct. 11, 2024 at 7:51 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of combined material which might consist of AI-generated material.Bitcoin (BTC) is on track to experience its longest duration of sideways trading throughout a halving year if it does not reveal considerable upward motion within the next 14 days.According to a control panel shared by CryptoQuant CEO Ki Young Ju, the longest time BTC required to increase was 298 days.Bitcoin accomplished its greatest return index throughout a halvin...
Shiba Inu whales reveal care: Could this be SHIB’s market bottom?
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Shiba Inu whales reveal care: Could this be SHIB’s market bottom?

factor Share this short article Shiba Inu whales have actually worked out care in this market cycle by decreasing their activity. A balance can still be attained if this pressure is successfully challenged. Shiba Inu [SHIB]has actually dealt with extreme bearish pressure in the last 24 hours. After an 8% dive to $0.00001739 to begin the week following 7 days of pullbacks, the majority of those gains have actually disappeared, with SHIB now trading at $0.00001701. A current AMBCrypto report highlighted a market shift, keeping in mind that developed coins are losing ground to recently produced memecoins. If this pattern holds, SHIB might not end up being the 100x chance lots of anticipated to go beyond Bitco...
China continues as Bitcoin mining giant regardless of crypto restriction– CryptoQuant
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China continues as Bitcoin mining giant regardless of crypto restriction– CryptoQuant

China continues as Bitcoin mining giant in spite of crypto restriction-- CryptoQuant Assad Jafri · 2 weeks ago · 2 minutes checked out Regardless of a restriction on crypto, China holds 55% of Bitcoin hashrate, with United States mining swimming pools being available in 2nd with a 40% share. 2 minutes checked outUpgraded: Sep. 23, 2024 at 5:43 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of combined material which might consist of AI-generated material.China continues to manage 55% of the worldwide Bitcoin network's hashrate, regardless of a restriction on crypto mining and trading that has actually been in result because 2021.According to CryptoQuant information, the nation's substantial existence in Bitcoin mining continues, however its supremacy is now b...
Meme Coin Surge: 2018 ICO Disaster Repeating Itself?
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Meme Coin Surge: 2018 ICO Disaster Repeating Itself?

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