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Long-term Bitcoin holders resume accumulation, adding almost 70,000 BTC post-downturn

Quick Take Glassnode data suggests that long-term holders who have held Bitcoin (BTC) for over 155 days are actively accumulating after offloading around 1 million BTC since late 2023. This cohort, known for selling into profits when Bitcoin reaches new all-time highs, has increased its holdings by approximately 70,000 BTC from the cycle bottom. дальше »

2024-5-14 13:40


Crypto Analyst Doubts $52,000 for Bitcoin: Shares the Level BTC Is Expected to Consolidate and Then Trigger an Altcoin Season

Bitcoin (BTC) may be in for a period of consolidation within the $66,000 to $70,000 range before a strong altseason takes hold, according to crypto analyst Alex Wacy. In a tweet, Wacy suggested that any volatility within the $61,500 to $65,000 range is necessary to unsettle and pressure people into selling their bags. дальше »

2024-5-8 11:40


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Bitcoin HODLer Profit-Taking Calms Down After Wild Selling Spree: Green Sign For Rally?

On-chain data shows the Bitcoin long-term holders have finally cooled off their profit-taking after showing a wild selloff just earlier. Bitcoin Coin Days Destroyed Has Calmed Down For BTC Recently As pointed out by BTC on-chain research account “The Bitcoin Researcher” in a post on X, the Coin Days Destroyed In Profit metric has declined […] дальше »

2024-5-7 19:00


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Bitcoin’s April plunge leads to $2.92 billion in spot outflows

Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November 2022, when it dropped over 16%. CryptoSlate previously analyzed the factors contributing to the dip, finding that the conclusion of the US tax season, compounded by various economic factors, prompted the sell-off. дальше »

2024-5-7 18:03


Dogecoin Whales Move 457M to Coinbase, Top Investors Place Big Bets on this Akash Alternative

Dogecoin might be staring at heightened selling pressure, given that whales have been transferring a significant number of DOGE coins to crypto exchange Coinbase. Meanwhile, Borroe Finance ($ROE) is surfacing as a rising Web3 and decentralized finance (DeFi) star thanks to its revolutionary AI-driven discounted NFT marketplace. дальше »

2024-5-5 11:00


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Bitcoin (BTC) sell pressure eases as M2 money supply flips, former BitMEX CEO sees gradual recovery

There are signs that Bitcoin (BTC) is headed for potential relief from the selling pressure it has faced in recent weeks. The M2 money supply, a crucial economic indicator, has flipped positive for the first time since November 2022, hinting at a shift in investor sentiment towards assets like Bitcoin. In addition, prominent crypto market […] дальше »

2024-5-4 14:12