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The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows … Read more
The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100. Go to Source
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts. Go to Source
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout. Go to Source
The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s … Read more
Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too. Go to Source
Nassim Nicholas Taleb says gold still stands apart as a store of value. Go to Source
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit. Go to Source
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers. Go to Source
The valuation assumes continued aggressive Bitcoin buying by Microstrategy. Go to Source