Over the past few weeks, crypto investors have been rotating their capital from bitcoin (BTC) into altcoins. That trend has not stopped. In fact, the market is witnessing a growing risk appetite among traders. According to a weekly report by the crypto exchange Bitfinex, this trend is also evident in open interest ratios. Investors are…
After hitting an all-time high of $3.65 in mid-July, XRP has entered a phase of consolidation. The token is gradually retracing to hover around the $3.15 mark. Despite multiple attempts to break higher, XRP has faced resistance near $3.3. This price action reflects a cooling-off period following the sharp rally from early July, when it…
Long-term Bitcoin (BTC) holders appear to be taking profits as prices test the $120,000 mark. This has sparked concerns about whether the actions signal cautious profit-taking or a larger trend. Incoming Correction? On-chain data shared by CryptoQuant shows that LTHs have flipped net negative at this key resistance level. This indicates that some are cashing…
Ether prices have skyrocketed 150% since their April lows below $1,500 to come just shy of $4,000 this week. The massive move has been driven by institutional exchange-traded products and a new wave of treasury companies scooping up the asset, and one of those firms thinks ETH is extremely undervalued. Tom Lee’s ETH treasury firm…
Ethereum investment products saw $1.59 billion in inflows last week. This was the second-largest weekly total on record as it led all digital assets in fund attraction. The broader digital asset market logged $1.9 billion in total inflows for the week, extending its positive run to 15 straight weeks. Month-to-date flows reached $11.2 billion, which…
A fresh wave of token unlocks is set to hit the crypto market this week, with over $686 million worth of assets entering circulating supplies. The releases are arriving just as Bitcoin (BTC) staged a fragile recovery from a sell-off last week, triggered when Galaxy Digital offloaded huge amounts of the number one cryptocurrency, sending…
Solana Labs CEO Anatoly Yakovenko is once again at the center of a heated debate. This time for branding meme coins and NFTs as “digital slop” in a public back-and-forth with Base creator Jesse Pollak. The discussion, which unfolded on X over the weekend, revolved around the perceived value of meme coins and NFTs. Clash…
Bitcoin (BTC) may be gearing up for its next parabolic move, possibly toward $130,000, if an analyst is correctly reading a multi-pronged surge in technical, macroeconomic, and geopolitical signals. According to pseudonymous trader Doctor Profit, after months of struggling beneath a critical long-term resistance, the flagship cryptocurrency has finally broken above a trendline dating back…
Bitcoin has been trading above $118K, down just over 3% from its recently established all-time high. Despite this, its short-term holders are now seeing just 13% in unrealized profits, according to on-chain data. This group, which is defined as wallets holding BTC between one and three months, often reflects broader sentiment among spot market participants…
Ripple’s XRP may be flying high above $3 now, but could it crash to under a dollar in the next bear cycle? That’s the controversial call from popular crypto analyst EGRAG CRYPTO, who recently projected possible post-bull market targets for XRP as low as $0.80, based on historical price cycles and technical patterns. Bullish Breakout…