Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin andContinue reading “Here is what Bitcoin and Ether investors are doing in a post-Terra market”
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It’s hard to resist a near-vertical rally, and especially when it comes from a top 20 cryptocurrency. Can such a trend last, or will it be gone with the wind? UNUS SED LEO [LEO] was one of those assets. Rising from around $4.89 to $5.10 in the space of the last day, the token certainlyContinue reading “Decoding the metrics behind UNUS SED LEO [LEO] and its short-lived rally”
At the time of writing, TRON [TRX] was the 14th biggest crypto by market cap, changing hands at $0.07722. The coin was in the green as it rallied by 4.52% in a day and rose by 9.38% in the past week even as most major assets struggled to break out of the red. What mightContinue reading “Tron [TRX] has its time in the sun as Justin Sun kicks up a some excitement over USDD”
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To that end, two metric-based milestones go a long way in telling us about the demand for USDC – and its potential future.Continue reading “Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]”
XRP’s price is twisting and turning by the day as new developments from the SEC vs Ripple case and market movements influence the controversial coin. A day ago, XRP was down by around 5%, but at press time, the sixth biggest crypto by market cap was trading at $0.4318Â after rising by 5.30% in the pastContinue reading “Does XRP have a chance of a bullish breakout? The metrics and indicators say…”
TerraUSD [UST] coming loose from its peg didn’t just drag down the price of the stablecoin, but led to LUNA’s market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it’s not just a question of price, as investors speculated that Terra developers would migrateContinue reading “Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say…”
As we approach the middle of 2022, the SEC’s lawsuit against Ripple is still dragging on – and it seems that “privilege” is still very much the theme of the season. Now, the SEC has filed another document to support its earlier argument in favor of shielding “internal SEC documents” which are related to theContinue reading “XRP Lawsuit: SEC adds on to letter explaining why Hinman documents…”
The #71 biggest crypto by market cap, Waves [WAVES] made a splash earlier in the year due to its prices which took a deep-sea dive in April 2022. Have former troubles evaporated yet or will they come raining back down? These metrics had some insights to share. Many drops, much WAVE At press time, WAVESContinue reading “WAVES: How to make your investors angry ft. developers”
ApeCoin [APE] has achieved a good deal of fame – and notoriety – thanks to its reputation of being a monkey token that swings both high and low without warning. But are recent events a sign that the token is perhaps stabilizing? Let’s see what the metrics say. A chimp simp APE was the 32ndContinue reading “Is ApeCoin [APE] finally tired of swinging? Here’s what the metrics say about stability”
The mid-week lull was swiftly broken as Bitcoin fell below the $30,000-mark – yet again. While you might feel the urge to blame world events or broader market factors for this dip, you’d be well advised to think again. Strange movements are afoot, and their ripples might just be the trigger for Bitcoin’s latest fallContinue reading “The LUNA of it all – Why Bitcoin fell below $30K”
May has been a good month for CoinMarketCap to give its crypto market cap rankings a good spring cleaning, as old giants fell and new projects rose into the top 100, 50, 20, and 10 rankings. A recent addition has been UNUS SED LEO [LEO], a token associated with the Bitfinex ecosystem, which was theContinue reading “UNUS SED LEO [LEO]: Why you need to pay close attention if you want returns”
USDT was commonly seen as the troubled child amongst all the stablecoins, but things rapidly changed as TerraUSD [UST] came into the picture only to crash and burn. At press time, the ex-stablecoin was trading at $0.1258 and had a market cap ranking of 44. By comparison, Tether looked much better off – but isContinue reading “Eyes off UST because Tether is (might be) at the end of its rope”