Bitcoin OG Sells Another 4,000 BTC To Buy Ethereum As Capital Rotation Intens...
After setting a new all-time high of $124,500, Bitcoin is now battling to hold the $115,000 level as support. The bulls, who dominated just days ago, are struggling to spark a fresh rally, leaving the market in a delicate phase. While fundamentals such as institutional adoption and strong holder demand continue to support the broader […]
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The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels. With waning market performances hindering investors’ sentiment toward ETH, the altcoin is likely to undergo an extended pullback in the upcoming days. Bearish Forces Weigh […]
Chainlink’s price action has been closely following Ethereum’s as of late, but it is beginning to break free of this correlation and gain some independent momentum. This comes as the wider crypto market continues its ascent, with altcoins surging as Bitcoin consolidates around $18,000. It does appear that there is an ongoing rotation of capital […]
Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]
On-chain data shows the cryptocurrency market as a whole has witnessed capital inflows of nearly $19 billion while Bitcoin and others have gone through their recovery. Crypto Market Has Enjoyed Net Capital Inflows Over The Past Month In a new post on X, analyst Ali Martinez has talked about the latest trend in the capital inflows for cryptocurrencies. In the digital asset sector, capital mainly flows in and out through three asset classes: Bitcoin, Ethereum, and the stablecoins. The altcoins usually only see a secondary rotation of capital from these coins. Related Reading: Bitcoin....
Data shows someone has accidentally sold a CryptoPunks NFT, a popular digital collectibles line, for just one penny in Ethereum. CryptoPunks NFT Sells For One Penny, Oops? Back in 2017, CryptoPunks became one of the first NFTs to launch on the Ethereum blockchain. Today, the digital collectibles have become quite popular and their high market […]