Blockchain data transparency offers a figurative ocean of information at a click. New data shows that Ripple whales are buying up any XRP small fish sellers are offering up.In the past, XRP broke out from downtrends with an explosive move. With so many whales accumulating, will there soon be a “thar she blows” moment?Ripple Protocol…
EOS entered a corrective phase on Apr. 30 that has seen its price retrace over 27%. The smart contracts token went from trading at a high of $3.1 to hit a low of $2.3.Despite the significant bearish impulse, data shows that large investors are accumulating EOS on every dip. If history repeats itself, this could…
The transparency of blockchain technology can be used to determine investors’ sentiment towards a given asset. By evaluating what large Bitcoin holders are doing, for instance, it is possible to estimate future price slumps or bullish impulses.Under this premise, Santiment, a behavior analytics platform, maintains that large BTC whales are preparing to push prices further…
Unlike traditional assets, where many transactions are hidden, Bitcoin is almost entirely transparent. One may not know who made a transaction or who owns an address, yet people can gain access to data of transactions.It is a nearly inescapable fact that many have used to their advantage. One can analyze the data in order to get…
Bitcoin‘s halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market has potentially led to a sharp increase in the number of whales accumulating the first-ever cryptocurrency.In fact, the number of Bitcoin whales just reached the highest number since December 2017, just…
Sometimes you get the feeling that certain industry pundits would rejoice if Bitcoin and crypto markets crashed and everyone got wiped out. New ideas and technology frightens a lot of people, especially the old school types that have made their money in other investments. Bitcoin Holding Steady We are now into the fifth day since…
A new data set has emerged that shows the growth in Bitcoin addresses holding more than 1000 BTC, and it is currently experiencing a new high following the bear market. But what does this information mean? Was smart money buying up Bitcoin from retail investors dumping their crypto at a loss? Or is the HODL…
As the crippling US government shutdown rolls into its fifth week major crypto exchanges are looking at alternative markets. They don’t come much bigger than Coinbase which has just expanded trading options for big traders in Europe and Asia. High Volume Traders Only The new options are not available to everyone though as only Coinbase…