Ether traders eye more downside amid ETH/BTC tapping ‘new multi-year lows’
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin. Go to Source
Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp … Read more
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week. Go to Source
Spot Bitcoin ETF demand soars to a six-month high, but BTC futures contract volumes “remain somewhat subdued” and could be a reason why the price is constrained. Go to Source
Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds. Cryptoquant Analysis: Can Retail Bitcoin Investors Keep up With the Big Players? As bitcoin (BTC) edges closer … Read more
Bitcoin mining difficulty has surged by 378% over three years, signaling the potential for institutional-driven BTC stability by 2030. Go to Source
A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.” Go to Source
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot … Read more
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared … Read more
Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst. Go to Source