Generative Data Intelligence

Tag: Bitcoin On-Chain

Bitcoin surges 10% hitting 9-month high

The recent surge of Bitcoin above a resistance level that dates back to August 2022 has strengthened the possibility of a continued rally, with...

Bitcoin On-Chain Activities Are Soaring Against the Regulatory Tide: Report

Advertisement &nbsp &nbsp The introduction of NFTs on the blockchain has increased on-chain transactions to record highs. The rising network usage comes despite the...

February 2023 Product Updates

The start of 2023 has been explosive for the digital assets landscape, with Bitcoin recording a 41% move upwards YTD, as well as significant...

Bitcoin On-Chain Data Shows Why $24,700 Is A Major Resistance For BTC

This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued...

Bitcoin breaks $25k once again as bullish momentum gains

Ad Bitcoin has broken above $25,000 on Binance for the third time in three days, defying broader market trends and continuing its bullish run into...

Trust Machines CEO: ‘Ordinals Is a Trojan Horse That Can Take Bitcoin to a Billion People’

On Thursday (16 February 2023), Dr. Muneeb Ali, who is the co-creator of Stacks, “an open-source platform to enable smart contracts, DeFi, NFTs, and apps...

Ordinal Theory and the Rise of Bitcoin Inscriptions

Recent weeks have seen an very unexpected trend emerge on the Bitcoin network, being the permanent and immutable inscription of data, directly into the...

This Bitcoin On-Chain Metric Is At A Historical Resistance, Will BTC Decline?

This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin...

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Bitcoin (BTC) had a rough year all throughout 2022.But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market...

CryptoQuant’s Bitcoin PnL Index Forms Bullish Crossover

CryptoQuant’s Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets. Bitcoin On-Chain PnL Index...

This Metric Suggests Bitcoin Could Be In Danger Of Another Selloff

A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy...

GMX Generates More Fees than BNB Smart Chain and Bitcoin

GMX, the perpetual trading decentralized exchange (DEX) allowing up to 50X leverage, now generates more trading fees than the BNB Smart Chain (BSC) and Bitcoin. GMX...

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