The $100k BTC mark has been a mythological target for crypto traders for a very long time. It felt so near back in 2021, yet proved to be so far. In the end, we even went below $20k again before going back up this year. When you are reading this, 1 Bitcoin might well already be worth over $100,000. But for now, over the past 24h, it has continued to remain tantalisingly close to the…
The last months in crypto markets have been firmly in the shadow of the looming US presidential elections. Whatever one’s political stance, it was hard to argue that a Donald Trump victory would not be immensely positive for the crypto industry. The ongoing legal fights between US regulators such as the SEC and the crypto industry and the Biden administration’s open hostility to the industry were a constant backdrop of the past years. In sharp…
In crypto and decentralized finance, data is the new gold. As investors and analysts sift through this wealth of information, two metrics often stand out: on-chain and trading volumes. While they may seem similar, these indicators offer distinct insights into the market’s inner workings. Knowing how to interpret and apply both can significantly enhance your understanding of market behavior. What Is On-Chain Volume? On-chain volume refers to the number of transactions occurring directly on the…