OG Bitcoin Whales Dumping Assets: Chart Reveals Significant Sell-Off Activity
Charles Edwards, founder of Capriole Investments, has identified a concerning trend in the Bitcoin (BTC) and broader cryptocurrency market that adds to the ongoing sentiment of bearishness among investors. Over 1 Million BTC Sold By OG Investors Since June In a recent post on the social media platform X (formerly Twitter), Edwards highlighted that “OG”…
Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead
Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days. The leading cryptocurrency has fallen below…
‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update
Shiba Inu has been added to the FTSE Grayscale Crypto Sectors Framework, a move that gives the meme coin fresh institutional recognition. Marketing lead Lucie announced the development on X with a post titled “Good News for SHIB Holders.” According to the listing, SHIB joins the Consumer & Culture sector alongside Dogecoin, identifying it as…
Caution In The Crypto Market: Expert Warns Of Bearish Phase Unfolding This November
November has kicked off on a negative note for crypto prices, with Bitcoin (BTC) briefly dipping toward $105,000 on Monday. This decline has sparked a renewed sense of bearish sentiment among investors, and experts caution that conditions could worsen in the coming days. November Deadline Approaches Market expert CryptoBirb recently expressed concerns on social media…
Dogecoin RSI Returns To Pre-Launch Levels, Analyst Says Next Major Surge Is Close
could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so. This technical observation is based on Dogecoin’s steady uptrend along a long-standing support…
Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis
As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high. Historical Trends Suggest Bitcoin…
Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers
In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results. Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a…
Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?
On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement. Fed…
Dogecoin Market Cap Tests Multi-Year Ceiling, Long-Term Momentum Still Intact
Dogecoin’s higher-time-frame structure is starting to look constructive again. In a technical analysis posted on X, crypto analyst EtherNasyonaL noted that Dogecoin’s market cap has completed a build, and momentum is ready, pointing to a cup-and-handle breakout retest breakout on the monthly market-cap chart. The chart he shared shows Dogecoin’s market cap hovering just under…
Ethereum Whales Start Buying Back: 218K ETH Added In A Week After October Dump
Ethereum’s largest non-exchange holders are tiptoeing back into accumulation. On-chain analytics platform Santiment reported that wallets holding between 100 and 10,000 ETH, also known as whales and sharks, have begun to rebuild positions after unloading roughly 1.36 million ETH between October 5 and 16. Notably, the Ethereum collective holdings chart shows that nearly one-sixth of…