Bitcoin Trader Supply Shoots Up—Sign Of Fresh Demand?
On-chain data shows the Bitcoin balance held by the short-term holders has jumped recently. Here’s what this could mean for BTC’s price. Bitcoin Short-Term Holder Supply Has Registered An Uptick In a new post on X, the market intelligence platform IntoTheBlock has talked about how the different Bitcoin cohorts have seen their supply change recently. […]
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Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Ethereum Defends Key Demand Zone Amidst Volatility According to an X post by crypto analyst Ali Martinez, ETH has managed to hold above the critical $2,380 – $2,460 demand zone. With no major supply barriers ahead, the cryptocurrency could be on track to reach the $3,000 price target. For....
Trading crypto in the bear market is one of the toughest times for most traders, including advanced traders, but as the saying usually goes, the bear market produces the best of traders, and millionaires are born. Trading with the right skills and implementing your strategy to the very least is like exposing yourself to risk that could cost your life but, in this case, your trading portfolio. Having the right psychology, patience, and trading with the right strategies gives you an edge over huge investors and institutions. Most traders and investors look for strategies with the best....
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 […]
As Bitcoin (BTC) continues to trade in the low $110,000 range, on-chain data shows that a fresh wave of demand has entered the market. Notably, the Net Position Change (NPC) of the youngest cohort of BTC holders has re-entered positive territory, raising hopes for the cryptocurrency to gain bullish momentum. Bitcoin NPC Back In Positive Territory According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the NPC of Bitcoin holders who have held the digital asset for less than one month has decisively flipped into positive territory. This change shows that new demand is flowing....
Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used. Total supply vs. maximum and circulating supplyCirculating and maximum supply are equally important in their own use, and understanding their implication vs. the total supply can help assess their impact on the cryptocurrency’s price.How a price may change in the future is a crucial assessment for an investor who could plan a different strategy depending on how each metric performs against the total supply. Total and circulating supply can....