Bitcoin Permanent Holder Demand Accelerates – Gearing Up For A Breakout?
Bitcoin has shown remarkable resilience despite growing geopolitical turmoil. After days of uncertainty fueled by escalating conflict between Israel and Iran, BTC has held the crucial $104,000 support level and is now pushing into higher price territory. The strength in price action signals that bulls remain firmly in control, even as global markets remain on […]
Related News
On-chain data shows the Bitcoin investors with no history of selling are back to intense accumulation, a sign that could be bullish for BTC’s price. Bitcoin Accumulation Addresses Have Been Showing High Demand Recently In a new post on X, the on-chain analytics firm CryptoQuant has talked about how the demand is looking from the […]
An analyst has explained, using different on-chain indicators, how Uniswap (UNI) could be gearing up for a price breakout. Uniswap Metrics May Point That A Rally Could Be Brewing Up In a new post on X, analyst Ali has discussed the outcome that UNI may face based on some underlying metrics. The first indicator of […]
Ethereum is now at a pivotal moment following last week’s explosive rally that pushed prices above several key resistance levels. After surging past $2,700, ETH has pulled back and is now consolidating above the $2,400 mark. This zone has become a critical battleground between bulls looking to confirm a breakout and bears eyeing a deeper […]
Fort Worth starting to mine bitcoin opens the door for more municipalities to put bitcoin mining proceeds into a permanent fund for future use.
Despite Bitcoin (BTC) gaining notable traction over the past week – rising from approximately $85,000 on April 21 to nearly $95,000 today – the top cryptocurrency’s Demand Momentum remains significantly subdued, signalling caution among investors. Bitcoin Demand Momentum Continues To Be In Negative Zone According to a recent CryptoQuant Quicktake post by analyst Crazzyblockk, Bitcoin’s 30-day Demand Momentum is still firmly in negative territory. Currently, the 30-day Demand Momentum stands at around -483,860 BTC, while the 30-day Simple Moving Average (SMA) of the same metric....