One Metric Will Dictate Ethereum (ETH) Price Action As Massive Upgrade Approaches, Says Analytics Firm Santiment

Crypto analytics firm Santiment is taking a close look at leading smart contract platform Ethereum (ETH) in advance of the project’s upcoming shift from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism.

Where could Avalanche [AVAX] go with these developments

The Avalanche network in the late hours of 9 August reached a new milestone after it recorded an all-time high in daily transactions metric.

Bitcoin Soars Towards $24K as US Inflation Slows Down to 8.5%

Bitcoin jumped by almost $1,000 in minutes, as the US announced a small decline in the Consumer Price Index metric.

Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season'

BTC currently makes up 41% of the total crypto market cap — its smallest market share since January. Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already "alt season."Figures from CoinMarketCap and TradingView show that BTC currently makes up around 41% of the overall crypto market capitalization — its lowest since the start of 2022.Bitcoin sheds market cap prowessAfter suffering at the hands of the Terra LUNA — now renamed Terra Classic (LUNC) — collapse, altcoin markets have rallied considerably in recent months. Alongside Bitcoin's return from 18-month lows of $17,600 in June, altcoins have enjoyed their own renaissance, one tha is now giving Bitcoin bulls a run for their money. According to CoinMarketCap, Bitcoin's market cap share is now at its lowest since mid-January, with the largest altcoin Ether (ETH), in particular, stealing the limelight in recent weeks.From lows of 14.3% on June 19, Ethereum's market cap dominance now stands at 19%.Bitcoin market cap dominance 1-week candle chart.

Bitcoin price retests key $22.8K as metric points to 'BTC buying spree'

BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope. Bitcoin (BTC) returned to base on Aug.

Ethereum: This metric underlines change in investors' sentiment

People have been feeling the heat of falling prices throughout 2022.

Bitcoin Flashes Rare Bottom Signal As Altcoin Market Cap and One More Metric Hint at Trend Reversal: Top Analyst

A closely followed analyst is highlighting one key historical metric as an indicator that Bitcoin (BTC) may finally have set a bottom after an eight-month-long bear market.

Ether creates history as key metric in ETH options exceeds Bitcoin by 32%

While Ethereum created history by taking over Bitcoin in the options market, the ETH futures contract entered price backwardation.

Ethereum Beats Bitcoin For The First Time In This Metric, What Does It Say About ETH’s Price?

Ethereum has been experiencing a slowdown in its bullish momentum over the weekend.

Bitcoin miner capitulation due to end amid 1st difficulty increase since June

It may be as soon as August that miners start returning, and difficulty is already planning an uptick. Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here.That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest Intelligence Newsletter on July 29.Report: “Expect” capitulation to be done by SeptemberThe most recent edition of the market research series highlighted changes in the mining ecosystem apt to switch up a trend in place since early June.Miners, judging by the hash ribbons metric, have been retiring for an “extended period of time,” Blockware says, and as of Aug.

Historically accurate Bitcoin metric exits buy zone in 'unprecedented' 2022 bear market

Bitcoin has historically profited from Puell Multiple lift-offs, but unique macro conditions mean what happens next is uncertain. Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past.Puell Multiple attempts to cement breakoutThe Puell Multiple one of the best-known on-chain Bitcoin metrics.

Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low

Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets. Bitcoin (BTC) may already be beginning its new macro uptrend if historical "hodl" habits repeat.That was the conclusion from research into the latest data covering the amount of the BTC supply dormant for one year or more as of July 2022.Hodled BTC hints that the bear market is overAccording to independent analyst Miles Johal, who uploaded the findings to social media on July 29, a “rounded top” formation in "hodled" BTC is in the process of completing.

Cardano Leading Bitcoin, Ethereum, Polkadot and Two Altcoins in One Metric: Analytics Firm Santiment

Crypto analytics firm Santiment is highlighting the continued growth of decentralized blockchain platform Cardano (ADA) as it outpaces several key competitors.

Bitcoin traders looking forward to making money can go...

A prominent on-chain metric is suggesting that Bitcoin could yet form a long-term bottom soon.

Crypto Analyst Predicts Rally for Ethereum Rival Fantom (FTM) Amid Steady Growth in One On-Chain Metric

A closely followed crypto analyst is forecasting a surge for an Ethereum (ETH) challenger as one of its on-chain metrics shows promising strength.

Cardano (ADA) Showing ‘Surge Signs’ As Vital Metric Flashes Green: Analytics Firm Santiment

Crypto analytics firm Santiment says that the average funding rate of Cardano (ADA) is flashing a bullish signal.

Bitcoin Is Not Out of the Woods Yet According to This Metric

Bitcoin could be going further south, at least according to the Whales Exchange Ratio.

Former Goldman Sachs Executive Raoul Pal Says Crypto Markets on Verge of Reversal Based on One Macro Metric

Macro guru Raoul Pal says that digital asset markets could be gearing up for a major trend reversal to the upside if one main metric is any indication.

Bitcoin Goes Through Largest Negative Mining Difficulty Adjustment in Over a Year

The metric has charted its longest-negative streak in about a year, but it could actually be expected.

Bitcoin NUPL Shows Average Holder Back In Profit, But For How Long?

On-chain data shows the Bitcoin NUPL metric is back to a positive value, suggesting the market as a whole is back in profit.

Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

The bear market is far from over, but according to Glassnode, several metrics suggest that Bitcoin capitulation already occurred. “When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months.This week, Bitcoin (BTC) once again finds itself testing resistance at its 200-week moving average and the real challenge is whether it can push higher in the face of multiple headwinds or if the price will trend down back into the range it has been trapped in since early June.

One On-Chain Metric Could Signal a Bitcoin (BTC) Breakout, According to Crypto Analytics Firm

The relationship between Bitcoin (BTC) and the stock market is crumbling, according to crypto analytics firm Santiment.

Crypto Exchange BitMEX Says One Metric Reveals When Bitcoin Bear Market Will End

Crypto trading platform BitMEX is revealing one metric that it says could signal the end of the bear market.