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 […]
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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 […]
Fort Worth starting to mine bitcoin opens the door for more municipalities to put bitcoin mining proceeds into a permanent fund for future use.
Bitcoin’s price has struggled to maintain stability above $102,000 in recent days, and data shows this is due to an apparent imbalance between selling pressure and fresh demand. On-chain data from CryptoQuant reveals that while long-term holders have been actively taking profits, the market is showing limited capacity to absorb their sell-offs. This is a contrast to previous phases of the bull run, where rising demand was able to offset increased long-term holder activity. Related Reading: XRP’s Price Doesn’t Match Its Growing Real-World Use, Study Finds Rising Long-Term Holder Selling....
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 […]