Tag: btc

Crypto, News

Bitcoin vs. Ethereum: Wallets Tell A Different Story Amid Market Movements

While Bitcoin’s market cap of $1.41 trillion significantly outpaces Ethereum’s $458.91 billion by a factor of 3.1, a closer look at wallet data reveals an intriguing narrative.  Ethereum’s decentralized finance (DeFi) ecosystem, staking activities, and smaller average wallet sizes contribute to a higher number of unique holders. Specifically, Ethereum boasts […]

Crypto, News

Bitcoin Consolidation Continues Amid New Accumulation Trends And Major Transfers

Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023.  This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (May 20) – BTC Settles Above $66k Following A 20% Recovery In Three Weeks, What Next?

As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback.  So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]