Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share. The offering generated gross proceeds of approximately $2.52 billion, making it the largest US IPO of…
Bitcoin’s recent record-setting rally has triggered a notable shift in investor behavior, with long-term holders (LTHs) now offloading their stash, marking a potential inflection point in the market. On-chain data shows that LTHs, who typically hold Bitcoin for more than 155 days, have shed 52,000 BTC since the price reached its latest peak. Long-Term Holders…
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…
Bitcoin’s price actions have remained relatively still on a 24-hour scale as the asset continues to trade around $119,000. At the same time, many altcoins have posted notable price retracements, such as SUI, which is down by 6%, and PEPE. BTC Calms at $119K Driven mostly by a significant sell-off initiated by Galaxy Digital for…
TL;DR Ripple’s native token continues to attract investors based in Asia as its trading volume on South Korea’s largest crypto exchanges has skyrocketed well above the two digital assets above it in terms of market cap. However, XRP’s price actions have been quite underwhelming in the past few hours as it slipped from almost $3.3…
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…
Donald Trump said earlier today that he will reduce the initial deadline for Russian President Vladimir Putin to reach a peace deal with Ukraine to just 10-12 days. Additionally, he hinted that the US might “wipe out” Iran fast if the Middle Eastern country restarts its nuclear program. With the rise of these geopolitical issues,…
Analysts are sounding the alarm that Bitcoin’s current uptrend may be nearing a peak, not based on price action alone, but through a powerful on-chain metric: the Market Value to Realized Value, 365-day moving average (MVRV 365DMA). According to a July 28 analysis shared by CryptoQuant contributor Yonsei_dent, the 2025 cycle resembles 2021’s “double-top camel”…
Bitcoin recently flushed a key liquidity zone below the $116K mark, triggering a period of sideways consolidation. With the FOMC meeting scheduled for Wednesday, traders are bracing for a potentially significant price move driven by macroeconomic developments. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin remains within a steep ascending price channel, recently triggering a…