Cryptocurrency News
The cryptocurrency market is gripped by fear as Bitcoin has dropped to $65,000, its lowest value since May 16th. This decline has sparked a surge in mentions of selling or taking profit, indicating heightened panic among small traders. Such sentiment often precedes a temporary bounce, presenting potential buying opportunities amid […]
The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. 😎 […]
Bitcoin ETF trading volume surged to its highest level since May 15, according to data from the seven largest ETFs. This spike in volume often signals a potential price turnaround for Bitcoin. 📊 Bitcoin ETF volume has jumped to its highest level since May 15th, according to data from the […]
Bitcoin saw a sharp 4% drop today, falling below the $67,000 mark. Historically, Bitcoin has faced challenges during the third quarter, with an average return of 6.49% and a median return of -2.57%. Beware! Historically, #Bitcoin has struggled in Q3, with an average return of 6.49% and a median return of […]
Last week, digital asset investment products experienced significant inflows totaling $2 billion, pushing the cumulative inflows over the past five weeks to $4.3 billion. Bitcoin led this influx with a substantial $1.97 billion, while Ethereum saw its largest weekly inflow since March, totaling $69 million. Last week, digital asset investment […]
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 […]
Since mid-March, there has been a notable increase in the amount of Bitcoin held by large holders. Addresses holding over 1,000 BTC now collectively control more than 40% of the total Bitcoin supply. This accumulation trend has coincided with a recent surge in Bitcoin’s price, which is currently up by […]
Bitcoin’s price has maintained stability around the $69,000 mark, buoyed by a strong demand zone between $66.9k and $68.9k. This price range has seen over two million addresses accumulate a total of 1.1 million BTC, indicating significant interest and activity among traders. Bitcoin remains steady around $69k, thanks to a […]
Bitcoin BTC has been undergoing a retracement for two weeks but it is now showing signs of strength following a slight surge in the past 12 hours. It found support and appeared to be resuming a bullish rally on the day. The past month marked a significant recovery phase for […]
In the last five months, Bitcoin wallets holding at least 10 BTC have seen a significant increase in their holdings. According to analysis from Santimentfeed, these wallets have collectively acquired an additional 154,560 BTC. Historically, such accumulation by large BTC holders often precedes a bullish market phase, as it indicates […]
Large amounts of Bitcoin have been recently moved by the MtGox trustee, consolidating billions of dollars worth of BTC. This transfer has resulted in a net drop of 65 wallets holding between 1,000 and 10,000 BTC, while there has been a net rise of 3 wallets holding between 10,000 and […]
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 […]
In the recent SEC’s spot Ethereum ETF approval for public trading, the price exploded near $4k but later cooled off after facing a rejection. It has resurged and is now on the verge of breaking higher. Two weeks ago, Ethereum traded as low as $2,860 following a pullback from around […]
Bloomberg ETF analyst James Seyffart has forecasted that demand for spot Ethereum ETFs could reach 20% to 25% of that for Bitcoin ETFs. This prediction stems from Ethereum’s market size, which is roughly 30% that of Bitcoin. However, Ethereum ETFs have limitations, including the inability to stake and leverage on-chain […]
The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading […]
Ethereum is experiencing its most bullish crowd sentiment since September, driven by optimism around the SEC’s likely approval of the first Ethereum ETFs and a corresponding price surge. This positive outlook is reflected in several key metrics across the Ethereum network. 📊 #Ethereum is seeing the most #bullish crowd sentiment […]
Ethereum is dominating the crypto conversation across platforms like X, Discord, Telegram, 4chan, and Bitcoin Talk. The crypto community is eagerly anticipating the SEC’s decision on the first Spot ETH ETF, which could significantly impact the market. Additionally, speculation around Tether could drive a bullish market sentiment. 🗣️ #Ethereum is […]
Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution […]