ANALYSIS
Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population
Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.
Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target
Both Bitcoin and Ethereum are on the uptrend today as the potentials for new price growth builds up.
Bitcoin Supply Held by Long-Term Holders Surge to 66%
Long-term holders (LTHs) have emerged to be significant players in the Bitcoin (BTC) ecosystem.
Ethereum’s Surge Above $2,700 for the First Time in 2 Months Causes Crowd Euphoria
Ethereum’s uptick above $2,700 not experienced in two months has made the crypto community excited.
Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot
Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.
Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.
Bitcoin’s Hashrate Edges Closer to the 30-Day Moving Average, Suggesting a Bullish Crossover
Bitcoin miners seem to be on the right footing as the hashrate is on an upward trajectory after nosediving by more than 50%.
Bitcoin’s On-Chain Data Shows a Pattern of Accumulation is in Play
The Realized Cap HODL Waves indicator, as availed by Glassnode, illustrates a pattern of accumulation is in play in the BTC market.
Bitcoin Pares off its Weekend Gains as Altcoin’s Growth Slows
Bitcoin has negatively toppled its growth as the trend slows down the growth of altcoins.
Crypto Deals Catch the Eye of Bigger Players, Triggering Price Surge
Fundraising by crypto companies has seen a surge in valuations as bigger players are pushing prices upwards.
