On-chain information exhibits Bitcoin long-term holders have been ramping up their promoting not too long ago, a possible motive behind BTC’s fall beneath $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a brand new post on X, on-chain analytics agency Glassnode has mentioned in regards to the newest development within the provide of the…
Bitcoin continues to face sturdy resistance because it struggles to reclaim increased provide ranges, with value motion stalling beneath the $105,000 mark. The market stays caught between cautious optimism and lingering worry, as promoting strain persists however draw back momentum seems to be fading. According to on-chain knowledge from Arkham Intelligence, whales have continued to…
As Bitcoin continues to point out a bearish trajectory, the cryptocurrency Fear & Greed Index has fallen to its lowest excessive worry degree since March. Bitcoin Fear & Greed Index Suggests Investors Are Extremely Fearful The “Fear & Greed Index” refers to an indicator created by Alternative that tells us in regards to the common…
Bitcoin is now not the speculative playground it as soon as was. What started as a retail-driven motion powered by early adopters and crypto fanatics has advanced right into a market more and more formed by institutional capital, from BTC ETFs absorbing billions in inflows to firms and hedge funds including BTC to their stability…
Visible shopping for from spot bitcoin ETPs and corporates has not translated into decisive upside, leaving merchants to ask a blunt query: who’s supplying the market? For Chris Kuiper, CFA, vp of analysis at Fidelity Digital Assets, the answer is evident. “ ‘Who is promoting?’ is the primary query I’ve been getting concerning bitcoin’s continued…
Despite the continuing bearish motion in the price of Bitcoin, main buyers stay unshaken by the downward pattern, as they exhibit regular curiosity within the flagship cryptocurrency asset. In a market the place sentiment is closely adverse, these key gamers appear to be doubling down and banking on BTC, scooping up the asset at a…
The Czech National Bank (CNB) has bought Bitcoin and different digital property price $1 million, calling it a “check portfolio,” its first direct publicity to cryptocurrencies. The transfer, announced on Thursday, marks a cautious step towards understanding how blockchain-based property may match into future monetary techniques. According to the CNB, the portfolio consists of Bitcoin…
Bitcoin continues to consolidate beneath the $105,000 mark, sustaining stability above the important thing $100,000 assist degree regardless of ongoing market uncertainty. Bulls look like shedding momentum, but sellers are displaying indicators of exhaustion as the worth resists additional decline. According to high analyst Darkfost, the market has entered a transparent deleveraging section following the…
Bitcoin’s momentum has weakened sharply, and the market has slipped into considered one of its most bearish phases of the 12 months, in line with the newest CryptoQuant weekly report. Sentiment has deteriorated rapidly as Bitcoin hovers dangerously near the $100,000 degree. The shift started after the October 10 “Big Liquidation” occasion, which drained upward…
Taiwan edged nearer to a proper Bitcoin coverage this week after Premier Cho Jung-tai and Central Bank Governor Yang Chin-long signaled help—at a minimal—for finding out Bitcoin as a strategic reserve asset, accelerating pro-BTC rulemaking, and piloting treasury publicity utilizing government-seized cash. The push was catalyzed by tech legislator Ko Ju-chun, who printed the commitments…