Active Bitcoin addresses fall to a six-month low
Events in May 2021 led to a reduction in Bitcoin's on-chain activity. The seven-day moving average of active addresses fell to its lowest since November 2020, according to Arcane Research.
Active Bitcoin addresses fall to a six-month low
Events in May 2021 led to a reduction in Bitcoin's on-chain activity. The seven-day moving average of active addresses fell to its lowest since November 2020, according to Arcane Research.
Arcane Research: The altseason has clearly begun
Analysts at Arcane Research named the likely reasons for Ethereum's rise and said the altseason is already in full swing.
Arcane Crypto lists on Nasdaq First North at a $200 million valuation
The Norwegian investment firm Arcane Crypto has been listed on Sweden's Nasdaq First North after completing a reverse takeover with the public company Vertical Ventures.
Arcane Research: Bitcoin must hold above $35,000 to complete the correction
After a 28% correction from January 8–11, bitcoin clawed back the psychological $30,000 mark. According to Arcane Research analysts, such a pullback could be the prologue to range-bound trading ahead of the formation of a new bullish impulse.
Trading volumes on Bitcoin exchanges have fallen by 40% since the start of December
Trading volumes on crypto exchanges fell by 40% over the past few weeks, according to Arcane Research.
Arcane Research: Bitcoin to hover between $16,000 and $18,000 ahead of breakout above $20,000
After a steady rise in October–November, Bitcoin's price could stay in December in the $18 000–20 000 range with a probable test of $16 000. This would be a “healthy pullback” before further gains, according to Arcane Research.
Arcane Research: Bitcoin breaches $16,000 as trading volumes hit record highs
The trading volume of the leading cryptocurrency in early November reached a 2020 high, according to Arcane Research.
Arcane Research: BitMEX share decline will benefit the crypto derivatives market
BitMEX's share of the Bitcoin futures market by open interest (OI) has fallen by more than half this year—from 36.9% to 16.8%. With rising competition, the crypto derivatives market has become less vulnerable to new sudden problems on platforms, according to Arcane Research analyst Vetle Lunde.
Bitfinex backs Lightning Network-based Bitcoin derivatives exchange LN Markets
The LN Markets cryptocurrency derivatives exchange, built on Bitcoin's second-layer protocol Lightning Network (LN), announced the closing of a pre-seed funding round with participants Bitfinex, Fulgur Ventures and Arcane Crypto.We use cookies to improve the quality of our service.
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