Mar 25 2025
The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one. The BTC Exchange Whale Ratio, a metric calculated as the ratio of the top 10 inflows to the total inflows on crypto trading platforms, has gone into “levels not seen since last year.” A …
Dec 21 2024
BlackRock’s iShares Bitcoin Trust (IBIT) reached $58.57 billion in assets under management (AUM) in less than a year. This is nearly double the figure that the BlackRock iShares Gold Trust (IAU) took 20 years to attain. Earlier this month, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, tweeted that IBIT …
Dec 20 2024
The TRON network processed $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September and $489.3 billion in October. The figure, by CryptoQuant analyst Maartunn, is noteworthy, considering in July 2019, the network only managed to move about $73.8 million. The number of USDT …
Feb 21 2024
On-chain analysis by market intelligence platform CryptoQuant has found that selling pressure from Bitcoin miners has eased and remained low in 2024. Bitcoin sold daily by miners currently sits around 300 BTC, significantly down from the companies’ 800 BTC daily sales in November and December 2023. Bitcoin’s transaction count has fallen to a three-month low …
Feb 14 2024
Bitcoin’s price is poised for an upcoming rally this year, said the CEO of CryptoQuant – Ki Young Ju. The best scenario can take the asset to above $100,000 for the first time ever, he said. To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin …