The cryptocurrency market constantly evolves. Many investors keenly watch for signs of recovery. Recently, Bitcoin (BTC) showed promising movements. After bottoming out at $108,000, new data suggests a significant shift. This shift could mark the beginning of a substantial Bitcoin rebound. A recent analysis from Cointelegraph highlights several crucial metrics. These metrics collectively point towards […]
The cryptocurrency world is abuzz as Bitcoin’s journey continues through a fascinating phase of consolidation. Recent on-chain data has revealed a significant development: Bitcoin’s long-term holders (LTHs) are making notable moves, triggering a historic surge in the Cumulative Days Destroyed (CDD) ratio. This surge to 0.25 is not just a number; it’s a critical signal […]
The cryptocurrency market is buzzing with speculation. A crucial on-chain metric, the Bitcoin Supply in Profit ratio, has reached a significant threshold. Currently, 90.4% of all Bitcoin in circulation is held at a profit. This figure signals a potential market turning point for the ongoing BTC bull market, according to prominent crypto analyst Darkfost. Understanding […]
The cryptocurrency market recently witnessed a remarkable milestone. On-chain market intelligence platform Glassnode reported a stunning development. An astounding 99% of the total Bitcoin (BTC) supply is now in profit. This figure represents a significant achievement for the leading cryptocurrency. It underscores a period of sustained positive performance. Investors worldwide are closely monitoring this trend. […]
A significant signal from the traditional finance world is turning heads in the crypto space. Fidelity Digital Assets, a major player in institutional crypto investment, has released a report suggesting that **Ethereum (ETH)**, the second-largest cryptocurrency, might currently be undervalued. This isn’t just speculation; their analysis is based on specific data points that often precede […]
Is the Bitcoin buzz fading? Recent on-chain data reveals a concerning trend: Bitcoin’s transaction count has plummeted to its lowest point since October 2023. This significant dip, highlighted by crypto analyst IT Tech on X, raises eyebrows and begs the question: what does this mean for the future of Bitcoin and the broader crypto market? […]
Is the Bitcoin market feeling the heat? Recent on-chain analysis points to a concerning trend: continuous Bitcoin selling pressure originating from short-term holders. Let’s dive into what’s causing this and what it means for the crypto king. What’s Fueling the Relentless Bitcoin Selling Pressure? According to Glassnode, a leading on-chain analysis firm, the current market […]
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