[ad_2][ad_1] Several Plustoken scam minds have been sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling showed that the Chinese government claimed it seized over $ 4 billion worth of cryptocurrencies from the Plustoken scam. Meanwhile, onchain investigators believe the Chinese …
Read More »On-chain metrics create problems for Bitcoin, Ethereum and XRP despite the ongoing rally
[ad_2][ad_1] Bitcoin’s price is close to its all-time high, currently trading at $ 19,300. XRP had a massive colossal rise of 242% last week. Ethereum’s price also closely follows Bitcoin’s pace. The top three cryptocurrencies have been posting huge gains in the past few days. However, some on-chain metrics and …
Read More »Litecoin – Litecoin Bulls Resume Management After Essential Assist, However On-Chain Metrics Reveal Immense Forward Resistance | Zoom Fintech
[ad_2][ad_1] Litecoin – Litecoin bulls are resuming trade after essential assist, however metrics on the chain reveal immense resistance forward Litecoin rebounded from essential care between $ 68 and $ 70, however, it stopped below $ 75. LTC / USD is more likely to accept a consolidation between $ 68 …
Read More »Chainlink VRF makes blockchain games more reliable by using a verifiable on-chain randomness source
[ad_2][ad_1] Chainlink VRF (Verifiable Randomness Function) was recently released on the Ethereum mainnet and the Lossless PoolTogether lottery is the first project to adopt it. Verifiable randomness is extremely important and is critical to the development of many applications because it serves as a mechanism for creating unpredictability. This unpredictability …
Read More »4 on-chain metrics suggest that Bitcoin’s price hike may not stop at $ 16,000
[ad_2][ad_1] After declining at $ 15,960 on November 6, the price of Bitcoin (BTC) strongly defended the $ 15,000 support level. Based on four on-chain data points, analysts believe the rally could continue beyond $ 16,000. Analysts identified lower Bitcoin trading reserves, unchanged supply, an increase in “strongest hands” and …
Read More »The memo from the Onchain social media platform Bitcoin Cash-Fueled launches the iOS app
[ad_2][ad_1] Two years ago an onchain social network called memo.cash was launched and the application has developed quite a lot since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network …
Read More »Ethereum facing large price movements, according to on-chain data
[ad_2][ad_1] Key points Strong positive fundamentals support Ethereum bulls in the near term. A technical break above the $ 420 resistance level confirms the continuation of last week’s bullish breakout. Analysis of the data on the chain shows an increase in activity on the Ethereum blockchain. Share this article Ethereum …
Read More »Five on-chain indicators that investors should follow: Chainalysis
[ad_2][ad_1] Analyzing cryptocurrency markets may seem easier than traditional markets because blockchain technology has greater built-in transparency, allowing anyone to analyze and control data on-chain. At the same time, however, there are challenges to focus on forward-looking numbers that provide insight into current and future price trends. Philip Gradwell, chief …
Read More »Ethereum’s on-chain activity increases and bullish sentiment increases
[ad_2][ad_1] The latest Santiment results, published in Cointelegraph Consulting’s biweekly newsletter, indicate that discussions on Ethereum have moved from from highly bearish to predominantly bullish. Historically, this hasn’t meant good news for the token’s price. Ethereum’s on-chain activity, as measured by unique daily addresses, has rebounded since its nose drop …
Read More »3 main on-chain metrics indicate a bullish reversal in the price of Ethereum
[ad_2][ad_1] While the price of Ether (ETH) has been stuck between $ 340 and $ 350 for the last month, multiple on-chain metrics suggest a recovery may be in the offing. Santiment, a cryptocurrency analytics firm, recently noted that the number of deposits in exchanges has declined since the beginning …
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