Bitcoin Demand Weakens – Does Liquidity Hold The Answer?
Bitcoin is trading below key weekly demand levels, forming new lows as market uncertainty continues to dominate. The ongoing correction has led to increased speculation about US trade war fears and potential obstacles for Bitcoin’s adoption as a US reserve asset. These macroeconomic concerns have added pressure to an already fragile crypto market, causing investors […]
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Bitcoin is once again under pressure after failing to sustain momentum above the $120,000 mark and now struggling to hold support near $115,000. The recent rejection from the $125,000 level has triggered heightened volatility, with selling pressure weighing on short-term market sentiment. Despite printing new all-time highs last week, BTC has quickly retraced, moving into […]
Ethereum has entered a volatile phase after reaching a multi-year high near $4,790, retracing sharply to the $4,200 level. The correction represents an 11% decline in just a few days, shaking out overleveraged positions and fueling debates among analysts about ETH’s next move. Related Reading: Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow Some market watchers warn that Ethereum could face a deeper pullback if the $4,200 level fails to hold as support. A breach here could send ETH lower, with traders eyeing the $3,900–$4,000 zone as the next major demand area. This....
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in collaboration with SBI Remit Co. Ltd. and Coins.ph. SBI Holdings, an investor and shareholder of Ripple, independently announced Wednesday that SBI Remit and....
Data shows stablecoin market cap expansion has slowed to just $1.1 billion recently, signaling weakening liquidity for Bitcoin and other coins. Stablecoin Market Cap Growth Is Significantly Down Compared To Earlier Highs According to data from on-chain analytics firm CryptoQuant, stablecoin growth has been cooling recently. “Stablecoins” refer to cryptocurrencies that have their price tied […]
It has now been a couple of months since Yuga Labs’ had essentially “broken” Etherscan due to the high demand generated by its Otherside mint. As such, there have been discussions on how such an entity could mitigate the type of problems that arose during its legendary mint. For the answer to this, there have […]