Cryptocurrency

In this week’s episode of Market Talks, Cointelegraph welcomes Miguel Morel, CEO of Arkham Intelligence — a blockchain intelligence company that has built a platform that provides information on real-world entities and individuals behind crypto market activity.

In today’s discussion with Morel, we will explore how and why on-chain data is useful and perhaps some ways that technical traders should be using it. We will also talk about what might be next for the Ethereum network now that withdrawals are activated after the successful implementation of the Shanghai upgrade, and how on-chain data can help traders navigate this phase.

We kick things off with the latest major event in the crypto space, the Ethereum Shapella hard fork, which went down without a hiccup. We ask Morel what the primary takeaway is that the crypto industry and investors should focus on and what the data says about Ether (ETH) liquid staking derivatives.

A lot of folks have said the Ethereum upgrade would be a buy-the-rumor, sell-the-news event, but we haven’t seen too much selling of ETH yet. We get Morel’s opinion on how traders could use on-chain data to develop a strategy on how to analyze and possibly invest in Ether. 

Most traders and analysts rely too heavily on the same skillset, tools and approach to the market that were the go-to strategies in 2017. Are these still as relevant today as they were back then, and how has on-chain data changed the game? We also ask Morel what some might consider a controversial question: Is technical analysis dead? He gives us his honest, data-backed opinion. 

We cover all this and more, so make sure to stay tuned until the end. Market Talks airs every Thursday. Each week, it features interviews with some of the most influential and inspiring people from the crypto and blockchain industry. So, head on over to Cointelegraph Markets and Research’s YouTube page and smash those Like and Subscribe buttons for all our future videos and updates.

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