Market Report

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Kraken Report: Bitcoin Could Rally by Up to 200% in the Coming Months

13 Aug 2020 1 minute read 0 comments author_nan

On August 10, the research team of the Kraken exchange released its monthly report on Bitcoin volatility for the month of July 2020, which examines various factors that indicate Bitcoin’s adoption and growth.  Kraken Intelligence says that a bull ru...

Ripple's Q2 Market Report Shows Better Sales Than Q1

5 Aug 2020 1 minute read 0 comments author_nan

Ripple published its Q2 XRP market report on August 3, and the numbers are much better than those of Q1. The report covers quarterly programmatic and institutional sales updates, as well as updates and commentary on partnerships and developments. To...

Bloomberg Report Bullish on Bitcoin, Price Could Breach $12k

28 Jul 2020 1 minute read 2 comments author_nan

Bloomberg has released a mid-year report that suggests that Bitcoin (BTC) could breach the $12,000 mark. Analysts examined a variety of on-chain and off-chain metrics to reach the conclusion.  In addition to the growth of these metrics, Bloomberg als...

Glassnode says 83% of Crypto Addresses are Currently Profitable

24 Jun 2020 1 minute read 0 comments author_nan

Blockchain data analytics firm Glassnode has reported new data that shows 83% of cryptocurrency addresses are currently profitable. This is a significant increase from the 2020 low point of March 12, also known as “Black Thursday”, when roughly 45% o...

48% of All Mined Ethereum in 2020 Bought by a Single Investment Firm

28 Apr 2020 1 minute read 1 comment author_nan

On March 20, 2020, Grayscale Investments, which operates trusts for Bitcoin (BTC) and Ethereum (ETH), released a report that provides much insight into institutional investment and its own confidence in the cryptocurrency market.  The Grayscale Ether...

XRP Quarterly Market Report

24 Jan 2020 2 minute read 0 comments Ghengis

To ensure transparency, Ripple voluntarily provides a quarterly report on the current state of the XRP market.  I have summarised the key takeaways and provided a link to the full report for those who are interested. Key takeaways Last quarter, tota...