Quick Take The Bitcoin market is showing differentiation in the behavior of long-term holders (LTHs) and short-term holders (STHs). LTHs, defined as holding Bitcoin for a period of more than 155 days, are beginning to send profits to exchanges. This trend is observed from the time when Bitcoin prices dipped to $26,000 from $30,000 in […]
Whales dive deeper into Bitcoin as smaller holders retreat amid ETF pressures
Quick Take Amidst the accelerated pace of GBTC outflows contributing to downward pressure on Bitcoin’s price, two divergent behavioral patterns are becoming evident among older cohorts. Data demonstrates a growing preference among more oversized Bitcoin holders or ‘whales’ to accumulate more Bitcoins, while smaller cohorts appear to be more inclined towards selling. Crab Net Position […]
ENS Price Loses Momentum! Will Ethereum Name Services Hit $15 Soon?
The post ENS Price Loses Momentum! Will Ethereum Name Services Hit $15 Soon? appeared first on Coinpedia Fintech News The crypto industry is on the verge of concluding the week on a bearish note as the market has recorded four out of six red days this week. Further, the hype of the ENS price seems […]
Trump NFTs To Launch As Bitcoin Ordinals
Former POTUS Donald Trump is all set to make his debut on Bitcoin Ordinals as the Trump Digital Trading Card NFT collection is being minted on Bitcoin. Trump NFTs Minted On Bitcoin With the next presidential elections looming at the end of the year, former President of the United States, Donald Trump, is launching his […]
Didn’t Catch Dogecoin Surge in 2021? This Crypto Is Poised for Even Greater Gains in 2024!
Dogecoin (DOGE), now trading at approximately $0.077, recently faced a challenging period – the meme coin’s price dropped by about 25% in the past month, triggering a noticeable decrease in retail investor activity. This is evidenced by a 36.8% reduction in active Dogecoin (DOGE) addresses. In an attempt to counteract this downturn, Dogecoin (DOGE) whales […]
Forecasting the Future of Cryptocurrencies: Analyzing Prospects for Bitcoin, NuggetRush, and Dogecoin
● Bitcoin faced a setback after the spot Bitcoin ETF approval, dropping from $49,000 to $42,000 within three days. BlackRock acquiring 11,500 BTC amid the downturn sparked optimism among investors. Despite a 12% loss, the Fear & Greed Index suggests bullish sentiment, and the 50-day EMA at $42,000 provides additional support. ● NuggetRush (NUGX) is […]
Starting Your Crypto Journey? Consider These Top 3 Coins
● Optimism (OP) could jump following excitement around recently approved spot Bitcoin ETFs. ● Ethereum Classic’s Spiral upgrades could trigger its rally to $40. ● NuggetRush’s (NUGX) NFT staking could make it a top challenger in the play-to-earn sector. Optimism (OP) holders expect a rally after the SEC approved spot Bitcoin ETFs on January 10. […]
Max Keiser Warns Solana (SOL) Could Drop To $20; Investors Turn Attention To Pullix (PLX) Hybrid Exchange
A well-known financial expert, Max Keiser, recently warned about a significant drop in Solana (SOL) to $20. This alarming statement has caused quite an uproar among the crypto community. Investors are now diverting their attention to Pullix (PLX) – a new DeFi project in Stage 6 of its presale. Some analysts even foresee this altcoin […]
Missed Out on Shiba Inu? This Altcoin Aims to Outshine SHIB in 2024
For investors who missed the meteoric rise of Shiba Inu (SHIB), a new opportunity emerges in the form of an altcoin set to make waves in 2024. Pandoshi (PAMBO), with its innovative approach and robust ecosystem, is positioned to potentially outperform SHIB. This article will go into the unique attributes of Pandoshi, exploring its potential […]
K33 Research Note Claims Cardano Network Lacks Meaningful Use, Native Token Value at Risk
The latest K33 Research note asserts that the Cardano network has no meaningful use and this does not augur well for its native token. The note concludes that nothing is happening on the network except “exchange transfers and a group of bagholders fabricating blockchain activity.” ‘Bagholders Fabricating Blockchain Activity’ According to K33 Research, the Cardano […]