Key Highlights Bitcoin holders have realized over $2 billion in aggregate losses over three consecutive days as market prices plunged beneath the $80,000 threshold. Spot net volume delta indicators on major exchanges Binance and Coinbase turned negative, indicating that aggressive selling is outpacing buying pressure. Macroeconomic headwinds, fueled by a robust US jobs report showing ...
Key Highlights: A confirmed weekly candle close below $75,500 opens the door for Bitcoin to drop toward a major liquidity target of $57,800, representing a potential 23.4% correction. Key interim support zones include the Fibonacci level at $75,001, the 200-day moving average at $73,188, and previous structural lows above $62,000. To neutralize the immediate bearish ...
Key Highlights Analyst Cowen warns that a decisive breakdown below the $74,900 level could trigger an additional 10% to 11% decline for Bitcoin, with intermediate support situated between $72,000 and $73,000. Comparing current market conditions to the cycle pullbacks of 2014, 2018, and 2022, Cowen expects a potential final-quarter low to emerge between November and ...
Key Highlights Large Bitcoin holders with wallets containing between 10 and 10,000 BTC have accumulated a net total of 99,747 BTC since September 18. Santiment analyst Brian identified a clear bullish divergence between rising whale balances and declining spot prices. Bitcoin’s 365-day MVRV stands at approximately 1 percent, while the 30-day metric has rebounded to ...
Key Highlights World Liberty Financial announced plans to repurchase additional $WLFI tokens following a steep price drop tied to weaker-than-expected midterm election outcomes for Republicans. The initiative may be financed using reserve fees generated by its USD1 stablecoin, among other capital sources, aiming to consolidate voting power with committed holders. The digital asset venture simultaneously ...
Key Highlights: The XRP community launched strong pushback against Litecoin following a Nov. 5 post that mocked the payment-focused asset. Critics contrasted Litecoin’s prolonged market underperformance and 30% year-to-date decline against other assets like Zcash and XRP. Despite social media jibes, Litecoin retains active on-chain usage with over 154,000 daily transactions and 418 million lifetime ...
Key Highlights: Binance founder CZ highlighted market strength following election results, stating: “Bitcoin is resilient.” Bitcoin and altcoins rebounded to roughly $79,821.88, but futures open interest held flat at $53.40 billion, pointing to a lack of fresh leverage. U.S. spot Bitcoin ETFs registered a muted $74 million in inflows on Wednesday, failing to offset hundreds ...
Key Highlights: Spot Bitcoin ETFs finished up $74.6 million on Wednesday, supported by $275.6 million in combined inflows from rival funds despite a $201 million outflow from BlackRock’s iShares Bitcoin Trust (IBIT). Ether ETFs ended a persistent seven-day outflow streak, logging their first positive inflow day since early November redemptions weighed on the asset class. ...
Key Highlights: ECX was changing hands near $32 on Wednesday, giving the newly launched asset a market capitalization of roughly $639 million and a placement near the bottom of the top 100 cryptocurrencies. The mainnet debut of Paul Sztorc’s Ecash fork was largely overshadowed by an unprecedented $6.3 billion security breach targeting Binance on the ...
Key Highlights: Major cryptocurrencies rallied as Bitcoin crossed $80,500 and the broader crypto market hit $2.69 trillion, even as political memecoins experienced sharp double-digit selloffs. Donald Trump-linked and political tokens plunged, with $MELANIA falling nearly 13% and the total political memecoin market cap dropping over 16% to $477 million. Election outcomes and regulatory headwinds pose ...
Key Highlights: XRP has reclaimed key support above $1.26 and $1.27 following a drop toward $1.20 triggered by a $6.3 billion security breach at Binance. Daily trading volume jumped by nearly 30% to $1.8 billion, while two native lending proposals—XLS-65 and XLS-66—continue to gain validator traction on the XRP Ledger. Despite improving technical indicators like ...
Key Highlights Technical indicators reveal TD Sequential buy signals forming on the 3-day charts for leading altcoins, including Ethereum, Solana, and Cardano. Key recovery targets are mapped out, with Ethereum looking toward $2,500 and Solana aiming for a rebound toward $105 and $120 if its $90 support holds. DeFi and utility tokens Sui, Aave, and ...