Bitcoin Records Large Exchange Inflows As Price Climbs — What Next For BTC?
Bitcoin recently failed to overcome the $97,000 resistance following its price surge seen in mid-January. At the moment, the leading cryptocurrency has taken on a state of inertia, with no significant movement in either direction seen. However, an investigation of on-chain dynamics has recently revealed that trouble might be looming for the flagship cryptocurrency. Sudden…
What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs?
Fresh money poured back into US spot Bitcoin ETFs this week, giving the market a clear jolt after a quiet month. The inflows totaled about $1.42 billion, the biggest weekly pickup since early October. That rush pushed prices higher for a time and pulled a lot of attention back to these regulated funds. Institutional Demand…
Ethereum Network Activity Explodes, Market Structure Points To Upside Continuation
Ethereum is showing signs of strength on two critical fronts at the same time. On-chain activity has climbed to record levels, reflecting heavier real usage across the network, while long-term technical structure is leaning towards upside continuation. Together, these signals suggest that Ethereum’s current phase may be more than just sideways movement, as underlying data…
Bitcoin Long Signal That Preceded 370% Move Is About To Go Off Again — What To Know
Going into the weekend, the price of Bitcoin was unable to sustain the bullish momentum it displayed earlier in the past week. Since Friday, January 16th, the world’s leading cryptocurrency, repudiated by the price resistance above, now trades in a tight consolidatory bracket. Interestingly, this period of silence has been deemed transient, as recent on-chain…
More XRP Than Cash? “You’re A Genius”, Analyst Says
A sharp comment from a well-known XRP Ledger developer has sparked fresh debate around savings, inflation, and what smart money looks like today. Bird, the developer behind the XRPL-based meme coin DROP, drew attention after saying that anyone holding more value in XRP than in their bank account is a “genius.” The word choice was…
Bitcoin Price Sharp Pullback Raises One Question: Will $92K Hold?
Bitcoin price started a fresh decline below $95,000. BTC is consolidating losses and remains at risk of more losses if it dips below $92,000. Bitcoin started a sharp decline below $95,000 and $94,000. The price is trading below $93,500 and the 100 hourly Simple moving average. There was a break below a declining channel with…
Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021?
The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that the foremost meme coin could repeat its parabolic rally in the 2021 bull cycle. Dogecoin Eyes Parabolic Rally As RSI Enters Oversold Levels Crypto analyst Cryptollica has indicated that the Dogecoin price could record another…
Are XRP ETFs About To Act Like Banks? Expert Thinks So
US Senate debate over a bill called the Clarity Act has reignited discussion about XRP and other crypto products, and how they might be treated under US rules. Reports have disclosed that the bill could give clearer status to tokens that back US-listed ETFs, moving them closer to commodity-style treatment. XRP spot ETFs have also…
Bitcoin Net Taker Volume Finally Flips Positive — Why This Shift Matters
The price of Bitcoin began the new week on an exciting move to the upside. The premier cryptocurrency recorded a price ascent of about 9%, reaching a high of over $97,000 and falling just short of its past six-figure valuation. Interestingly, a recent on-chain revelation shows that an underlying change was simultaneously taking place as the…
Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism
Strategy chairman Michael Saylor pushed back on critics who say companies that hold Bitcoin are reckless. He told a podcast that buying Bitcoin should be seen as a choice about where to put cash, not as a moral failing. He said firms face few good options for idle money, and that Bitcoin is one of…