The amount of money leaving was significantly less than the previous, record week of $141 million.
NYDIG Acquires Digital Assets Data
The acquisition bolsters NYDIG’s data offerings as it continues to build out an institutional client base.
The 3 Factors Fueling Ether’s 2020 Rally
Several factors could explain ether’s spectacular gains and determine whether they will continue.
On-chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to ‘Whales’
Bitcoin’s price volatility spiked in January and could further increase over the near term because “whales” have begun accumulating coins.
Exchange Deposits in Bitcoin Slide to Lowest Level in 3 Years
The number of bitcoin on-chain deposits has dropped sharply over the last six months, indicating a strong optimistic or “HODLing,” sentiment in the market.
Most of MakerDAO’s Asset Value Is in Only a Few Addresses
Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space.
Retail Accumulation? Number of Bitcoin Addresses With One or More Coins Sees Solid Rise
A key on-chain metric has witnessed solid growth over the past 12 months, possibly indicating steady accumulation of bitcoins by retail traders.
This Metric Suggests Bitcoin Has Bottomed Out
Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past.
10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017
“HODLing” has returned to a major milestone: The total amount of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark.