In Brief Long-Term Holder SOPR remains elevated, signaling major profit-taking that often precedes local tops. Whale-to-Exchange Ratio spikes mirror past corrections, with whales likely prepping to sell. BTC hovering at $117,500; break below $116,000 could trigger a drop toward $103,300 unless $122,000 is reclaimed. Bitcoin price may be holding above $117,500, but under the surface,…
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In Brief Ethereum’s Age Consumed has dropped over 98%, showing no movement from long-term holders. ETH/BTC ratio has surged 50% since June; a similar setup in 2021 led to ETH hitting its ATH. Ethereum price structure points to $5,324 if ETH breaks above the previous high. Ethereum is showing signs of strength across on-chain and…
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In Brief Altcoin season approaches as Bitcoin dominance drops to a 4-month low, with Ethereum leading the way toward $4,000. The altcoin season index signals an incoming breakout as capital inflows shift towards altcoins, though full altcoin season remains pending. Bitcoin dominance falls from 64.5% to 60.9%, highlighting growing market preference for altcoins, though caution…
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In Brief MANTRA (OM) surged 46.27% in 24 hours with $1.1 billion in trading volume, rebounding after a major 90% crash in April. Despite earlier skepticism, OM broke its 3-month downtrend and is now one of the top daily gainers on CoinGecko. Analysts eye $0.50 and $1 as key targets, citing growing bullish sentiment and…
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In Brief The US government currently owns only 28,988 BTC, worth $3.47 billion, which is just 15% of the assumed total. Federal agencies hold 200,000 BTC, but many are seized assets, not directly owned by the government. Concerns over a potential sell-off under President Biden are unfounded, as on-chain tracking shows no large liquidation. New…
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In Brief The total crypto market cap surged by $33 billion to $3.71 trillion, facing resistance at $3.73 trillion, awaiting stronger market cues. Bitcoin stabilizes at $117,872 with RSI showing bullish potential for a possible breakout above $120,000, targeting $122,000. FLOKI surged 24%, hitting a 5-month high at $0.000125, with potential to breach $0.000132 resistance…
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In Brief Ethereum breached $3,400 for the first time in six months, signaling a strong bullish rally, despite profit-taking by some investors. SharpLink Gaming and World Liberty Financial have aggressively accumulated ETH, with SharpLink adding over 100,000 ETH recently. Large whales are both accumulating and selling ETH, with notable sell-offs by Trend Research and others,…
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In Brief Bitcoin reaches a new ATH of $122,000 as mining difficulty climbs 7.96% to a record 126.27 T, straining miner profitability. Long-term holders show 357% profit ratio, indicating strong conviction and minimal sell-off pressure despite soaring prices. Low Google search interest suggests institutional maturity, not FOMO, shaping this BTC rally amid rising global liquidity.…
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In Brief Vanguard now holds over 20 million shares of Strategy, making it the largest shareholder in the company. Despite Vanguard’s long-standing skepticism toward Bitcoin, Strategy’s MSTR stock benefits from rising Bitcoin values. The rise in institutional interest in crypto stocks, like Strategy, signals increasing mainstream involvement in digital assets. Vanguard Group, a $10 trillion…
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In Brief The crypto market cap dropped by $45 billion to $3.62 trillion, with further declines possible if selling pressure continues. Bitcoin is holding at $117,386, with $115,000 acting as support; breaking $119,966 could push it towards $120,000. MemeCore dropped 35%, now at $0.40; a dip below $0.29 could lead to further losses, while a…
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