CryptoQuant CEO Finds No Signs of Bitcoin Miner Capitulation
Ki Young Ju, founder and CEO of the analytics firm CryptoQuant, has found no signs of capitulation among Bitcoin miners, despite the recent halving that reduced block rewards.CryptoQuant is a platform providing data analytics for cryptocurrency markets.
CryptoQuant CEO Finds No Signs of Bitcoin Miner Capitulation
Ki Young Ju, founder and CEO of the analytics firm CryptoQuant, has found no signs of capitulation among Bitcoin miners, despite the recent halving that reduced block rewards.
CryptoQuant CEO Defends Legality of Cryptocurrency Mixing
In response to the arrest of Samourai Wallet founders, CryptoQuant CEO Ki Young Ju asserted the legality of digital asset mixing services. The US DOJ has arrested pioneers in #Bitcoin privacy technology. Privacy stands as a core value of Bitcoin. Mixing itself is not a crime. Even crypto exchanges use mixing to safeguard user privacy. […]
CryptoQuant Observes Generational Shift Among Bitcoin Whales
Investments in Bitcoin by “new” whales have nearly doubled those of “old” major players, according to CryptoQuant CEO Ki Young Ju. The new whales’ initial investment in #Bitcoin is almost twice the old whales’ cumulative total. pic.twitter.com/SU5Aiw1nJB — Ki Young Ju (@ki_young_ju) April 23, 2024 The expert classified “whale” addresses as those not associated with […]
CryptoQuant Advises USDe Holders to Monitor Reserve Fund
Holders of the CDP-stablecoin USDe from Ethena Labs should monitor the reserve fund to manage risks, according to advice from CryptoQuant, as reported by CoinDesk. Calculations suggest that under conditions of negative funding rates, the reserve fund can be maintained if the capitalization of the “synthetic dollar” does not exceed $3 billion. The architecture of […]
The Crucial Role of the $60,000 Threshold for Bitcoin’s Price Stability
Should Bitcoin fail to maintain the $60,000 level, it risks a decline to $52,000 before resuming its upward trajectory, according to CryptoQuant. Experts noted that a pessimistic outcome is not inevitable, thanks to the dominance of ETF purchases. Institutional clients could absorb the excess supply resulting from liquidations triggered by a breach of $60,000. Analysts […]
Expert Sees No Signs of Bull Market Ending
The continued rise in the price of the leading cryptocurrency in 2024 is predetermined by additional inflows into American spot bitcoin ETFs, according to CryptoQuant. Analysts explained that even from a conservative perspective, new ATH levels should be expected. Experts noted that only three months have passed since the formation of a large wave of […]
CryptoQuant: Bitcoin Bears Face Uphill Battle Amid ETF Inflows
If the current pace of capital inflows into spot Bitcoin ETFs continues, the market will face a crisis of available coins for purchase within six months, according to CryptoQuant CEO Ki Young Ju. Bears can’t win this game until spot #Bitcoin ETF inflow stops. Last week, spot ETFs saw netflows of +30K BTC. Known entities […]
Experts Revise Bitcoin Forecasts for 2024
Former BitMEX CEO Arthur Hayes closed March bitcoin puts with a strike of $35,000 and anticipates a new ATH. CryptoQuant pointed to $104,000–112,000 as a target, with $55,000–59,000 in a pessimistic scenario. SkyBridge Capital founder Anthony Scaramucci urged buying digital gold at current levels without hesitation. Former BitMEX CEO Arthur Hayes has abandoned his previous […]
Expert Analysis: 375,000 Investors Acquired Bitcoin at $50,230
Approximately 375,000 market participants purchased around 119,480 BTC (about $6 billion) at an average price of $50,228. This level could become a significant resistance for Bitcoin, according to Lookonchain. The price of $BTC just rose above $49.8K! Data from @intotheblock shows that ~375K addresses bought ~119.48K $BTC($6B) at an average price of $50,227.81. These addresses […]
Arthur Hayes Predicts Bitcoin’s Fall Below $40,000
The leading cryptocurrency is expected to drop below $40,000, with the decline continuing until January 31, when the US Treasury announces its quarterly borrowing plan. This forecast was made by former BitMEX CEO Arthur Hayes. $BTC looks mad heavy. I think we break $40k. I went long some 29Mar $35k strike puts. I think we […]
CryptoQuant Analysts Warn of Potential Bitcoin Price Correction
Bitcoin’s price has partially recovered after a brief dip below $41,000 on January 3. Despite this, risks of a new correction remain due to a potential wave of unrealized profit-taking, reports The Block, citing a CryptoQuant report. The resurgence of the leading cryptocurrency is fueled by ongoing anticipation of the U.S. SEC’s approval of spot […]We use cookies to improve the quality of our service.
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