On-chain data shows the Ethereum Exchange Reserve has plunged by more than 1 million ETH over the past month. What does this mean for the asset? Ethereum Exchange Reserve Has Seen A Sharp Decline In a new post on X, analyst Ali Martinez has talked about the latest trend in the Exchange Reserve of Ethereum….
Bitcoin is gradually regaining its footing after a brief pause in its upward momentum. At the time of writing, the asset is trading above $118,000, reflecting a 10% increase over the past month. Despite this modest recovery, Bitcoin remains approximately 3.1% below its all-time high, which was reached earlier this month. The current market phase…
Bitcoin price is holding the $117,250 support zone. BTC is consolidating and must clear the $118,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a downside correction below the $118,500 zone. The price is trading near $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming…
For years, Bitcoin’s price behavior has followed a four-year cycle—halving events led to bull runs, followed by market corrections. But according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management, that narrative no longer fits the current market landscape. “The four-year cycle is dead,” Hougan told investors, pointing to deeper structural shifts shaping the…
The new trading week is off to a bullish start, and some altcoins are already standing out with impressive momentum. While the broader market cooled off last week, a few assets weathered the pullback and have continued to post notable gains. This has positioned them for potential continuation rallies in the days ahead. ZORA ZORA,…
Coinbase is reportedly negotiating to acquire CoinDCX, one of India’s leading cryptocurrency exchanges, according to Wublockchain, citing local Indian media. CoinDCX previously suffered a $44 million hack but has since recovered. This incident may be one of the reasons the exchange’s valuation has dropped significantly—from its previous peak of $2.2 billion to below $1 billion…
Bitcoin (BTC) surged 28% in July, reaching highs near $123,200, fueled by growing institutional adoption and strategic accumulation. Tokyo-listed Metaplanet led the charge, purchasing 780 BTC worth $93 million, bringing its total holdings to 17,132 BTC valued at $1.7 billion. The firm aims to acquire 1% of Bitcoin’s total supply, 210,000 BTC, by 2027, signaling…
On-chain data shows the weekly average Bitcoin Hashrate has surged to 942 EH/s, putting it within striking distance of the all-time high (ATH). Bitcoin Hashrate Has Gone Through A Recovery Run The “Hashrate” refers to a Bitcoin indicator that keeps track of the total amount of computing power that miners have currently attached to the…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. South Korea advances stablecoin regulation through competing parliamentary bills, Interactive Brokers explores customer stablecoin services, China’s money supply surge signals inflation risks, and PayPal revolutionizes cross-border payments with…
As the crypto market continues to trade in volatile territory, investors remain uncertain about what August has in store. This sentiment extends to crypto-linked stocks as they have often mirrored major moves in the digital asset market. Heading into August, GLXY, CIFR, and RIOT stand out as three US-listed crypto-related stocks to watch, driven by…