Bitcoin hit a new all-time high in daily transactions! Following the launch of Runes, a new token protocol that allows the launching of tokens/NFTs on Bitcoin, the number of Bitcoin transactions has increased rapidly. This spike in activity led to a new all-time high in daily transactions on Bitcoin of 927,000. This breaks the previous high of 724k set in...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart XRP has been hovering inside a significant range between 0.55 and 0.75, and it is currently retesting the lower bound of the range. Moreover, it is approaching the lower red trendline of the channel that XRP has been respecting for a couple of weeks now. 🏹 Hence, XRP is situated around a strong...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart After being stuck inside a range for more than a year between 5.0 and 10.0 round numbers, LINK finally broke above the range / accumulation phase. Now we are expecting the MarkUp to push higher till the 18.0 resistance. on H4: Right Chart The bulls...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. OP has been bearish trading inside the falling channel in green, and we are currently approaching the lower bound. Moreover, the zone 1.0 is a strong demand zone and round number. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
July 25, 2022 (investorideas. Com newswire) ethereum stakers keep to boom their stake within the network. Consistent with a look at by using banklesstimes, the variety of ether staked on ethereum's eth 2. Zero staking contract has passed 13 million, increasing with the aid of 18% in q2. That is applicable to banklesstimes due to the fact the ethereum network is...
The Ethereum network is experiencing an influx of whales, a phenomenon that has preceded bull runs for the asset in the past. Data from Santiment shows that the price of the second-largest cryptocurrency by market cap is correlated with the number of whales holding 100,000 or more ETH. 60 whales join the Ethereum network As ETH price is correlated with the...
According to a recently published tweet, over the past 24 hours, more than one billion Shiba Inu meme coins have been moved to "inferno" wallets and out of circulation. Aside from that, this SHIB-related business has made the commitment not only to burning meme coins but also to help with global SHIB adoption and utilization. 7.021 billion Shiba Inu sent to dead...
Over half a billion Shiba Inu meme coins have been sent to dead-end wallets over the past 24 hours, according to the @shibburn service that tracks Shiba Inu burn transactions on Etherscan. SHIB army keeps removing tokens The website of the Shibburn service shows that since yesterday morning, a whopping 600,729,245 canine coins have been sent to several "inferno"...
Solana (SOL) has become a major platform in the crypto space, after going live in early 2020. The high-speed, high-throughput, proof of stake chain is well-known for its fast transactions, scalability, and affordable fees (and also its recent performance/technical issues which have also been quite serious). The Solana DeFi, NFT & Metaverse ecosystem has been...
Hey Dude! Cryptodeeper is coming back to give you all about information of altcoin analysis. At this moment I’m going to show you the chart analysis. Surely, we have knew about litecoin price action. The price movement was very slowly to grow up, if we compared with bitcoin and the other of altcoin. However, at this time is a moment for litecoin to make a great...
Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance. So is this last wave just a Bull Trap? Are we destined...
Bitcoin Alert: This technical analysis is solely based on on-chain data. Bitcoin Transactions have fallen out of their norm, and alerted me on my python app I built. I took a look, and they fell well below their average lately. We have a new low for BTC Transactions, which means we have a new low for BTC price coming up. Dont fret, this is temporary move. ...
Given that Solana is a fairly new and not even a year old blockchain we need to look at the amazing benefits it brings to the crypto world. One of these is a whopping 50,000 transactions per second beating every competitor hands down. Ethereum handles 15-25 transactions per second, Ripple with 1700 TPS, Bitcoin 4.6 transactions per second, EOS claims 50,000...
Monero FTW. Bullish Div on Daily and weekly. One of the few great cryptocurrency in existence. I love Bitcoin, but I love Monero concept more. Investment Thesis Explained www.youtube.com
Welcome to advanced Tothemoon analysis! Well I did something) The estimated Tothemoon model. This is an example of how you can use the fundamental Bitcoin metrics along with simple proportions and drawings. And without any H&S, gartleys and butterflies. Okay, I'll tell you briefly what I've done. Used tools: 1) Cost per Transaction ( $/Tx , miners revenue...
I find this interesting to look at here and there. It can only be used on the daily candle because of the data being done once daily. You will need to use BLX as the asset with 1 day candle time frames. You will find it has a great correlation with highs and lows. This is not to be used for trading indicators but as a reference. You can also take a look at google...
Well, this bounce from 3200 is the most pitiful excuse for a bounce I have seen in a long time. This shows that the support at 3200, which should have lead to a very strong reaction, a rally to upper 5000s, is quite weak. I think we'll go below the MA200 in the near future. Maybe the structure will be different from the 2011 fractal, in that BTC just doesn't...