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Why is Bitcoin’s mempool so quiet while its price surges?
The number of transactions waiting in Bitcoin’s mempool has been thin since mid-May, a rare event in bull markets. This prolonged quiet spell has pushed median fee rates down to […]
Quiet mempool and flat volume could mean limited fuel for Bitcoin’s breakout above $100k
With Bitcoin attempting to break the crucial $95,000 to $96,000 threshold, it faces significant headwinds rooted in an increasingly dormant on-chain environment. Although the price has hovered optimistically close to […]
Ethereum Sees Rise In Daily Activity, But Why Is Price Down?
Ethereum’s network has seen notable growth recently in both daily active users and daily transaction volume, yet the price of ETH, Ethereum’s native cryptocurrency, has undergone corrections in the past […]
XRP Records Massive 80% Surge In Trading Volume, Can Price Reach A New ATH?
XRP continues to show strength despite largely underperforming during the ongoing bull market. Interestingly, the crypto witnessed a surge in activity last week, with trading volume surging in tandem. Particularly, […]