Ethereum Price Rallies as Bitcoin Takes a Breather — Is ETH Leading the Charge?
Ethereum price found support at $2,460 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,720 resistance. Ethereum started a decent increase above the $2,550 and $2,620 levels. The price is trading near $2,580 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend…
How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals
The on-chain analytics firm Glassnode has explained how Bitcoin investor behavior tends to reflect in price trend reversals and continuations. Glassnode Highlights Key Behavioral Patterns Behind Bitcoin Moves In a new thread on X, Glassnode has shared a new way to categorize Bitcoin investors based on their on-chain spending patterns. Under this indicator, called the…
Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up?
As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity on major crypto exchanges suggests that institutional investors may be strengthening their BTC holdings. Most notably, Coinbase – the leading US-based crypto exchange – recorded a net outflow of 7,883 BTC, raising speculation about renewed institutional demand and a potential…
XRP Price Struggles to Stay Afloat — Is a Breakdown Coming?
XRP price started a fresh decline from the $2.380 zone. The price is now moving lower and is currently at risk of more losses below $2.280. XRP price started a fresh decline below the $2.320 zone. The price is now trading below $2.3350 and the 100-hourly Simple Moving Average. There was a break above a…
Bitcoin’s Calm Feels Dangerous—All Eyes On Vegas And June Reversal
Bitcoin hovers between $107,000 and $111,000, a deceptively narrow range that masks an options market bristling with tension. In a note to clients released today, Singapore-based QCP Capital argues that the lull is anything but benign. “Bitcoin’s reaction to last Friday’s macro developments was relatively restrained, even as equities rallied sharply,” the desk writes, pointing…
Dogecoin (DOGE) at Risk — Can Support Hold This Time?
Dogecoin started a fresh decline from the $0.2540 zone against the US Dollar. DOGE is now consolidating losses and might extend losses below $0.2200. DOGE price started a fresh decline below the $0.2420 and $0.2400 levels. The price is trading below the $0.240 level and the 100-hourly simple moving average. There is a connecting bullish…
Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO
Tether, the issuer of the USDT stablecoin, has quietly funneled roughly $5 billion of its earnings into a mix of US businesses and government debt over the past two years. It’s putting money where its mouth is. According to CEO Paolo Ardoino, these moves are meant to show how tied the company is to the…
XRP Sees Wave Of Inflows: 70% Of Realized Cap Now New Money
On-chain data shows more than 70% of all capital stored in XRP came into the network alongside the high prices of the last six months. Over 70% Of XRP Realized Cap Is Six Months Old Or Younger In a Realized Cap,” which is a model that, in short, keeps track of the sum of the…
Crypto Whales On Watch As Over $3 Billion In Tokens Unlock Next Month
Crypto assets to the tune of over $3 billion are heading into circulation in June. That marks a 32% drop from May’s haul of $4.9 billion. According to crypto vesting tracker Tokenomist, investors and traders will face new supply pressure again this month. Total Token Unlocks Dip In June June’s release of $3.3 billion is…
Bitcoin Price Faces Key Hurdles — Can Bulls Power Through?
Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating and might start another increase if it clears $110,750 Bitcoin started a fresh upward move above the $107,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…