Press

Read the latest news and announcements from Nansen, a leading provider of onchain analytics.
November 20, 2024

Solana-Based Memecoin Generator Pump.Fun Shatters Adoption, Usage Records

“[Pump Fun is] a huge success; I don’t think we can call it anything less,” Nicolai Søndergaard, a research analyst at blockchain analytics firm Nansen, told Unchained. “I have a lot of people now reaching out to me, who I haven’t spoken to in a while, and they’re suddenly talking about, ‘Hey, we found this thing called Pump.Fun’ or ‘Hey, we see this meme, should we do something?’”

Read More -->
August 27, 2024

Ethereum whales buy big as ETH bottom approaches, analysts predict

However, the $2,700 mark remains a significant resistance for the Ether price, which will be decisive for price action with Nvidia’s upcoming earnings report set for Aug. 28, according to Aurelie Barthere, principal research analyst at Nansen. The analyst told Cointelegraph: “2.7k is the next resistance level for ETH, and there is not enough evidence that it is broken yet. Because price did not hold above this resistance for long enough and with enough volume.”

Read More -->
August 23, 2024

So much for ‘digital gold’ — why bitcoin remains lackluster while gold had a record run

For bitcoin to ever become a potential safe haven, the asset would need to see much wider adoption by institutions and much lower volatility, said Aurelie Barthere, principal research analyst at crypto analytics firm Nansen. “With bitcoin sometimes having an 80% drawdown in a year, it’s hard to see it as a safe haven,” Barthere said.

Read More -->
August 20, 2024

Bitcoin ETFs Vs. Ethereum ETFs: How Do They Compare One Month Into The ETH ETF Launch?

Aurelie Barthere, Principal Research Analyst at Nansen, points to a general trend of risk aversion in the market. “To me, it is still unclear if we are just taking a consolidation pause or if crypto prices have peaked,” Barthere told Benzinga, emphasizing the uncertainty surrounding both crypto and traditional risk assets.

Read More -->
August 19, 2024

Ether price drop due to investor sentiment, not $420M ETF outflows — Nansen

However, Ether’s price isn’t struggling due to the continued ETF outflows but due to a lack of risk-on appetite among investors, according to Aurelie Barthere, the principal research analyst at Nansen onchain analytics platform. The research analyst told Cointelegraph: “BTC has been down by 14% since July 23. My reading is tiredness in risk appetite, non-related to the ETF launch.”

Read More -->
August 12, 2024

Whale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg up

Despite the recovery, Ether needs to decisively reclaim the $2,700 resistance for more upside momentum, according to Aurelie Barthere, principal research analyst at Nansen. Barthere told Cointelegraph: “There has already been a death cross of ETH (50-day below 200-day). ETH needs to hold above $2,700, or the resistance tested yesterday and in January 2024.”

Read More -->
August 9, 2024

Nansen: AI & Blockchain Analytics - Alex Svanevik. Ep. 560

Read More -->
August 9, 2024

Bitcoin bear trap over? BTC price fractal hints at parabolic move next

Despite fractal patterns signaling a local bottom, Bitcoin’s daily trend could still turn negative, according to Aurelie Barthere, principal research analyst at Nansen onchain analytics platform. The analyst told Cointelegraph, sharing the below chart: “Local bottoms, yes, but the daily trend in BTC (and Ether) still looks negative: The 50-day moving average is about to cross below the 200-day moving average (see attachment 1 on BTC; the red line is about to cross below the green line).”

Read More -->
August 2, 2024

ETH Holds Strong Support at $2,860, Eyes Potential Upside with ETF Boost

Despite the positive reception, the Ether ETF market has experienced notable fluctuations. Data from Nansen on July 31 revealed nearly $750 million in outflows from Ether ETFs over four of five recorded trading days. This volatility saw Bitwise temporarily surpass BlackRock in total trading volume on July 30, only for the positions to reverse by the following day. As of August 1, BlackRock’s holdings accounted for 6.9% of assets under management, up from 5.59%.

Read More -->
August 1, 2024

Ethereum’s firm $2,860 support signals path to $4,500 — Deribit

According to Nansen data on July 31, a different trend was revealed, highlighting almost $750 million in outflows from the Ether ETFs in four of five recorded trading days. The shifts saw Bitwise temporarily surpass BlackRock in the total trading volume of the Ether ETFs on July 30, but this was reversed by July 31. According to Nansen data, at the time of publication on Aug. 1, BlackRock’s holdings now account for 6.9% of assets under management, up from 5.59%.

Read More -->
July 31, 2024

BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction

According to Nansen data, this trend facing Ether ETFs is substantially different from the debut of the Bitcoin ETFs, revealing a distinct regulatory difference. Nansen told Cointelegraph that on July 30, Bitwise surpassed BlackRock in trading volume as Bitwise waived its 0.2% fee to “boost inflows” for the first six months of its ETF launch. At the time of publication on July 31, BlackRock has taken back its position in trading volume while accounting for 5.59% of assets under management (AUM), per Nansen data.

Read More -->