Ethereum Price More Influenced By Off-Chain Markets Than Bitcoin, Data May Su...
Glassnode data could imply Ethereum price dynamics are more influenced by derivatives and other off-chain markets compared to Bitcoin. CBD Data Shows Divergence In Spot Activity For Bitcoin & Ethereum In a new post on X, on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution (CBD) has diverged between Bitcoin and Ethereum […]
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In the past month, Fantom price increased 1,570% as governance features and a cross-chain bridge to Ethereum strengthen its DeFi aspirations. Interoperability has emerged as the hot topic in February as platforms like Binance Smart Chain and Polkadot work on building Ethereum network bridges that allow users to escape high transaction costs and network congestion.Fantom (FTM) is the latest project to receive a boost by offering cross-chain functionality with Ethereum, and data from Cointelegraph Markets and TradingView shows a 1,570% increase in FTM price from $0.025 on Jan. 23 to a new....
On-chain data shows Ethereum whales have recently ramped up their accumulation, a sign that could be bullish for the asset’s price. Ethereum Whales Have Been Buying Big According to data from the on-chain analytics firm Glassnode, the Ethereum whales have been participating in a very significant amount of accumulation during the past week. Related Reading: […]
Bitcoin price has crossed the $270 mark, which is really good news for bitcoin after it fell drastically from the $300 pedestal in July. The prices have touched $270 a couple of times since then. From the past few days, the bitcoin price has seen a positive trend. The trend seems to be influenced by a lot of reasons. But the most important reason for prices to shoot further up from previous price point seems to be influenced by reports pointing towards a global economic slowdown. Bitcoin price received an initial boost after the main Chinese exchanges Huobi and OKCoin experienced a surge....
Unmarshal, a Multi-chain DeFi data indexing network, makes another grand move by releasing a multi-chain explorer with support for Ethereum, Polygon and Binance Smart Chain. The multi-chain modeled for investors, developers, or even exchanges functions as a decentralized data querying tool for interested parties as it indexes blockchains from genesis block to the latest block. […]
Ethereum is not getting flipped by Binance Smart Chain anytime sooner, shows on-chain indicators. Blockchain analytics platform IntoTheBlock gathered data on Ethereum transactions with volumes greater than $100,000. The portal noted that the second-largest blockchain network processed $20.68 billion worth of transactions in the week ending April 11, leading to a record high volume transfer […]