Bitcoin On-Chain Data: Miners Deposit Big To Derivatives Exchanges

On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging against potential future falls. Bitcoin Miners Have Been Transferring To Derivatives Exchanges Recently As pointed out by an analyst in a CryptoQuant post, around 4.3k BTC has exited miner reserves during the last…

Can Cardano (ADA) Reach $4 To Surpass Ethereum Market Cap?

The eighth-largest cryptocurrency, Cardano (ADA), has shown some indications of life during the last two weeks. The network’s minor improvements were what actually encouraged investors’ hope. After that, Cardano must work even harder to surpass $4 and catch up to Ethereum in terms of market capitalization. According to CoinGecko’s data, ADA is now trading at…