Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation?
Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand…
Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why
The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto…
No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst
Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger. The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though…
3 Key Ethena (ENA) Support Levels To Monitor – Analyst
Ethena (ENA) prices are presently in the red zone during a broader crypto market correction. According to data from CoinMarketCap, the DeFi token recorded a significant 2.00% loss in the past day, with prices presently set hovering around $0.55. Amidst this price decline, top market analyst Ali Martinez has identified the major support regions that…
Satoshimeter Shows Where Bitcoin Price Is In This Cycle
The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term…
Bitcoin From 2009 Awakens—Is The $30-M Move A Warning Sign?
Five long-dormant Bitcoin wallets sprang back to life on July 31, moving a total of 250 BTC—nearly $30 million at today’s rates. That’s money mined on April 26, 2010, during Bitcoin’s earliest tests. Traders saw the shift and paused, wondering if a massive sell-off was coming after more than 15 years of silence. Early Coins…
Altcoin Rally To Commence When These 2 Signals Activate – Details
The altseason fanfare remains on the rise despite a broad altcoin rally two weeks ago that has quickly evaporated in a wider market correction. As investors continue to await a potential rebound from these price dips, a popular analyst with X user PlanD has highlighted the two crucial signals that may initiate an altcoin market…
Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?
The Bitcoin price kicked off the weekend in the worst way possible, falling beneath the $115,000 level for the first time since early July. Considering the supposed significance of this price mark, there have been questions about how much headroom the price of Bitcoin still has. The latest on-chain data suggests that the Bitcoin bull…
Litecoin Drifts Sideways—Intraday Action Tied To BTC Pulse
Providing an update on Litecoin’s daily technical setup, Cryptowzrd noted in a recent X Bitcoin Dominance (BTC.D). With Bitcoin continuing to dictate overall market direction, the analyst mentioned plans to monitor LTC’s intraday chart for a potential quick scalp opportunity. LTCBTC Shows Early Bullish Signs Despite Caution In his analysis, Cryptowzrd observed that both Litecoin…
Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely
A breach of the $4,000 mark for the Ethereum price has looked almost like a certainty over the past two weeks, with the altcoin hovering around $3,900 in the last few days. However, this almost-certain event took a different turn after the price of ETH suddenly succumbed to severe bearish pressure. On Friday, August 1,…