Cryptocurrency News
Cyclical long-term holders of Bitcoin, excluding those who have held for over seven years, now control less than 50% of Bitcoin’s total supply, a notable decline from over 60% earlier this year. This shift signals changing dynamics in the Bitcoin market, with significant implications for its current cycle. Cyclical long-term […]
Bitcoin’s recent surge above $100k has fueled more bullish sentiments among traders and investors, but on-chain metrics like CoinMarketCap suggest a possible pullback is underway as it reaches extreme greed. Last Thursday, Bitcoin made another major move after trading calmly for weeks. That positive action alone put the asset in […]
Bitcoin whales are ramping up their accumulation efforts, purchasing an additional 20,000 BTC—valued at $2 billion—in the past 24 hours. This surge in large-scale buying reflects growing confidence among major holders in Bitcoin’s long-term prospects. #Bitcoin whale accumulation is going parabolic. They just bought another 20,000 $BTC in the last […]
Bitcoin’s record-breaking surge to $103,656 on Coinbase marks a pivotal milestone, achieved amidst a wave of cryptocurrency price rallies that began a month ago on U.S. election night. But how did we arrive at this six-figure landmark? ⛏️📉 Bitcoin's collective mining balances have been dropping since April, 2024. However, this […]
Bitcoin wallets active over the past 30 days now show an average return of +4.2%, indicating a more balanced market. Historically, returns exceeding +5% on this metric have signaled impending corrections, while figures below -5% often suggest a market rebound is near. 👍 The average returns of Bitcoin wallets that […]
Since the November 5 elections, Bitcoin whales have been actively transferring funds to exchanges, yet refraining from immediate sell-offs. This cautious “wait-and-see” approach suggests strategies like hedging or over-the-counter (OTC) trading rather than liquidation. However, the uptick in exchange inflows raises concerns about potential sell-offs in the near future. Since […]
Regaining momentum last week, Bitcoin failed to push above its current high following a steady shrink in volatility. The trend still looks bullish in the long term but will likely correct lower before resuming the rally. Bitcoin’s trend remains bullish on the daily chart but the price looks stalled over […]
Historically, Bitcoin has delivered remarkable returns in the December following U.S. presidential elections. During the last two cycles, the cryptocurrency gained 30% and 46%, respectively. If this pattern repeats, Bitcoin could end the year trading between $125,000 and $140,000. Historically, #Bitcoin $BTC has surged in the December following US Presidential […]
Bitcoin ($BTC) inflows to Binance have reached historic lows, reflecting a significant shift in market dynamics. This trend points to reduced panic selling, increased trust in Binance as a platform, and the growing role of stablecoins as the preferred bridge asset. Together, these factors signal a maturing cryptocurrency ecosystem. $BTC […]
Bitcoin’s price has climbed above $96,600, fueling a resurgence in altcoin markets. As the flagship cryptocurrency inches closer to the $100,000 milestone, long-term holders (LTHs) are capitalizing on the price surge. 📈 Bitcoin has recovered to above $96.6K today, and altcoins are surging once again as a result. Here are […]
Bitcoin continues its march toward the elusive $100,000 milestone, hitting an all-time high of $99,850. As it nears this psychological barrier, limit sell orders are being triggered, and many in the market believe it’s only a matter of time before Bitcoin crosses the six-figure threshold. 🧐 Bitcoin's flirtation with $100K […]
The Bitcoin market is heating up as long-term holders (LTHs) ramp up their selling activity, reaching -366K BTC/month—the highest rate since April 2024. Much of this selling comes from the 6–12 month holding cohort, which has been offloading an average of 25.6K BTC daily. These investors, with an average cost […]
Bitcoin is showing signs of strength again after taking a little break last week. The bulls are back in actions as they now eye a long-anticipated historical level, where a major retracement is likely to take place. Losing momentum last Friday, Bitcoin fell slightly under the $96k level after facing […]
Bitcoin has shattered previous records, breaking through $98,000 to set a new all-time high of $98,151. Analysts at QCP Capital note that Bitcoin is closer than ever to the symbolic $100K milestone. Throughout the week, aggressive demand for March and June call options indicates strong investor confidence in Bitcoin’s long-term […]
Bitcoin ($BTC) is officially in its euphoric phase, with 99.3% of UTXOs currently in profit. This optimism has sparked widespread happiness among holders, as such phases historically last 3–12 months—though exceptions like the bull trap of November 2021 serve as cautionary tales. #Bitcoin euphoria is here. 99.3% of UTXOs are […]
The crypto world is abuzz today, with much of the spotlight on Solana’s remarkable price rally and Microstrategy’s relentless Bitcoin purchases. Here’s a closer look at the top trends driving conversations. Solana’s Momentum Builds Solana ($SOL), currently the #4 cryptocurrency by market cap, is stealing the show with its impressive […]
Following several attempts to lose grip above the $90,000 level, Bitcoin has managed to hold well, although the bulls are getting weak daily. It has initiated a buy on the lower timeframe, looking set for another rally. It has been an interesting ride for the bulls over the past two […]
Bitcoin’s price action has captured significant attention as the TD Sequential indicator recently flashed a sell signal on the daily chart. However, this bearish signal is at risk of being invalidated. If Bitcoin ($BTC) manages to secure a daily close above $91,900, analysts suggest the cryptocurrency could rally toward $100,680, […]