Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
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AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave’s gains also coincide with a sharp upside momentum across the cryptocurrency market. Go to Source Powered by WPeMatico
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits. Go to Source Powered by WPeMatico
Bitcoin may lose $30K price level if stocks tank, analysts warn
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. Go to Source Powered by WPeMatico
“Bitcoin maximalists? They can’t stop innovation”, says Mati Greenspan
Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021. Go to Source Powered by WPeMatico
Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range. Go to Source Powered by WPeMatico
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Go to Source Powered by WPeMatico
Bitcoin price is fragile, but on-chain data points to fresh accumulation
On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out over-leveraged traders. Go to Source Powered by WPeMatico
The NFT bubble may have popped, but the sector is still primed for expansion
NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. Go to Source Powered by WPeMatico