CryptoQuant Research Head Addresses Binance Bank Run Allegations with On-Chain Data Analysis
CryptoQuant Research Head Weighs in On Possibility of Binance Bank Run, Citing On-chain Data CryptoQuant Head of Research Moreno has provided data addressing concerns of a bank run on Binance amid growing allegations surrounding the exchange. Am ...
Bitcoin Market Value Declines as Mining Companies Sell Off Assets
Analysts at the CryptoQuant platform report that bitcoin sales by mining companies have led to a decline in the market value of the first cryptocurrency. Over the past 24 hours, miners sold about 1,750 BTC from their wallets at one time for about $47 million, which, accor ...
CryptoQuant Reports Record Low Bitcoin Leverage Ratio as Volatility Decreases
According to analyst firm CruptoQuant, the leverage ratio for bitcoin has reached a historic low of 0.195, previously shown in December 2021. The leverage ratio is an indicator used by experts to estimate the volatility of digital asset prices over the long term. Lever ...
BTC Drops for Third Day as Market Sentiment and US Fed’s Rate Hike Plan Takes Toll
Experts in the cryptocurrency market attribute the recent three-day decline in the price of Bitcoin to excessively positive market sentiment and the announcement of a potential interest rate hike by the US Federal Reserve. According to CoinGecko, Bitcoin's market price has continued to drop for t ...
Reasons for Bitcoin’s Market Price Fall Below $30,000 Explained by CryptoQuant Analysts
Analysts at the Korean company CryptoQuant named the reasons for the fall in the market price of bitcoin below the psychologically important level of $30,000, based on the ratio of two futures market indicators: open interest rates and funding rates. The "Open Interest" i ...