Bitcoin’s price has been stuck between $100,000 and $102,000 lately, showing less upward movement than expected in the final month of 2024. While it briefly broke $100,000 earlier in December, the overall bullish momentum seems to have slowed. Miners Dump Billions in Bitcoin Adding to the uncertainty, Bitcoin miners have been selling off a huge…
After Bitcoin ETFs launched in the US early last year, Ethereum ETFs quickly followed. While Ethereum ETFs had a bumpy start, both Bitcoin and Ethereum ETFs are now attracting serious investor interest. Bitcoin ETFs: Twelve Days of Gains Bitcoin ETFs saw a massive $429 million influx on December 13th – their twelfth consecutive day of…
Bitcoin just smashed the $100,000 mark—a huge milestone! But now everyone’s wondering: is this the peak? Will the price keep climbing, or are we about to see a crash? What the Whales Are Doing One analyst looked at something called the “realized profit ratio.” This basically shows how many people are selling Bitcoin at a…
Ethereum is trying again to break past $4,000, getting closer to its record high. But there’s some uncertainty. Will it keep climbing, or will it fall behind other blockchains? A Triangle of Tension Recent price action shows Ethereum building momentum. Analyst Carl Runefelt points out a symmetrical triangle forming on the hourly chart. This pattern…
Ethereum (ETH) has been stuck around the $4,000 mark lately, but there’s some good news. A new support level has emerged, suggesting things might be looking up. A Solid Support Base Crypto analyst Ali Martinez spotted a key support zone between $3,700 and $3,810. A whopping 3 million wallets bought 4.6 million ETH in this…
Ethereum is trying to break past the crucial $4,000 mark, getting closer to its all-time high. While some think it might underperform this time around, Ethereum keeps proving its strength, bouncing back from dips and maintaining a positive price trend. Positive On-Chain Data Good news! Recent data shows Ethereum’s network is buzzing. Things like the…
Ethereum’s price dipped slightly last week, following the trend of other altcoins. But there’s some interesting activity happening on the network itself. High Network Fees: A DeFi Boom? Ethereum network fees jumped 18% last week, hitting a nine-month high of $67 million. Analysts say this is likely due to a combination of factors: Bitcoin’s price…
Chainlink (LINK) is dominating the development scene in the real-world assets (RWA) sector, according to recent data. Chainlink Takes the Lead Market intelligence firm Santiment reported that Chainlink showed significantly more development activity than other projects in the space. Over the past month, Chainlink boasted nearly 394 notable GitHub events. This is far ahead of…
Morgan Stanley’s wealth management division is paying a hefty $15 million fine after four former advisors allegedly stole millions from client accounts. Lax Security Allowed Millions in Theft The Securities and Exchange Commission (SEC) claims Morgan Stanley Smith Barney (MSSB) failed to implement proper safeguards to prevent the theft. Between 2015 and 2022, these advisors…
Ethereum is making a comeback! Activity on the network is booming, with more new users than we’ve seen in eight months. A Surge in New Users December saw an average of 130,200 new Ethereum addresses created every day. That’s a level of activity we haven’t seen since April! Data from Santiment, a crypto analytics company,…
