Nansen’s Bitcoin On-Chain Analytics Reveal 42% Increase In BTC Transactions
Blockchain analytics platform Nansen announced the launch of its Bitcoin (BTC) on-chain analytics to bring real-time, detailed insights into the flagship cryptocurrency, enabling users to track key on-chain metrics in the platform. Related Reading: Ethereum To Move Sideways For 2-3 Months? Analyst Says Longer ETH Consolidation Is Needed Nansen Brings Real-Time On-Chain Analytics For Bitcoin On Thursday, Nansen introduced its Bitcoin Growth Dashboard to provide a detailed view of the flagship crypto’s market movements and address the lack of user-friendly tracking tools for in-depth....
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Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced to Cointelegraph on May 17.Closing later in May, the acquisition will unite the teams of the two platforms, aiming to combine Nansen’s analytics and Ape Board’s portfolio tracking to provide an all-in-one....
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a different outlook. Related Reading: Nansen’s Bitcoin On-Chain Analytics Reveal 42% Increase In BTC Transactions Few Cryptocurrencies To ‘Survive’ The Altseason On Friday, Ki Young Ju, CryptoQuant’s founder and CEO, affirmed that the Altseason has begun. In an X thread, Ju suggested that there will not....
Fresh data from Glassnode, a blockchain analytics platform, shows that on-chain transactions on Bitcoin, the world’s most valuable network, fell to an all-time low in the past three months. That there are fewer transactions suggests that holders are unwilling to sell and are more inclined to HODL. Bitcoin On-chain Transactions Shrinking Another notable finding from this data […]
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in a previous analysis, this has resulted in banks and fintechs looking at custody products and services for their clients. However, as custodians of clients’ assets, banks must also ensure they are clean assets and stay compliant.This is where on-chain analytics solutions have a huge role to play in understanding patterns in transactions to identify....
Sonic (S), previously known as Fantom (FTM), is leading the crypto market with a significant surge over the daily and weekly timeframes. Analysts noted that the post-rebrand bullish momentum has sent the token to test a key resistance level, which could propel the price to the $1 barrier. Related Reading: Nansen’s Bitcoin On-Chain Analytics Reveal 42% Increase In BTC Transactions Sonic Leads With Post-Rebrand Bullish Momentum Following the anticipated token upgrade, Sonic’s native token price has seen significant bullish momentum, reaching the $0.80 mark twice. On January 13, Fantom....