Large Investors Buy the Dip Bitcoin’s biggest investors have been quietly buying up the cryptocurrency while the market has been in a frenzy. According to IntoTheBlock, these “Large Holders” (owning at least 0.1% of the total supply) have been adding to their stashes. Whales See Opportunity in Crash Yesterday’s crash, which saw Bitcoin drop below…
Majority of Institutions Plan to Invest A recent survey by Nomura Holdings and Laser Digital Holdings reveals that Japanese institutional investors are embracing cryptocurrency. Key Findings: 54% of investors plan to invest in crypto within the next three years. 62% see crypto as high-return investment opportunities. 16% consider crypto as potential substitutes for traditional currencies….
Overwhelming Optimism A recent poll by Bitcoin advocate Michael Saylor revealed that the majority of respondents (48.9%) believe Bitcoin will experience an annual growth rate of over 40% for the next ten years. This reflects the strong belief within the crypto community in Bitcoin’s long-term value. Varied Expectations While the majority are bullish, there are…
Foundation Wallet Outflows In previous Ethereum bull markets, the Ethereum Foundation has sold large amounts of ETH around market peaks. This has been reflected in negative netflows for the Foundation’s wallets. However, during the current bull market, the Foundation’s netflows have remained neutral despite the price increase. This suggests that the Foundation has not been…
Market Demand for Ethereum ETFs Bitwise CIO Matt Hougan predicts a significant demand for spot Ethereum ETFs, with an estimated $15 billion in inflows within the first 18 months of trading. This estimate is based on market data that shows investors allocate funds to Bitcoin and Ethereum ETFs in proportion to their market capitalizations. Comparison…
Coinbase, a leading US cryptocurrency exchange, has announced the addition of Core (CORE) to its trading platform. About Core Core is a smart contract platform designed to complement Bitcoin. It features: Satoshi Plus consensus mechanism Non-custodial staking Wrapped Bitcoin compatibility Ethereum Virtual Machine (EVM) support Impressive Performance Core has seen significant gains this year, reaching…
Despite Monday’s correction, crypto analyst TechDev believes a key Bitcoin indicator is signaling a potential parabolic rally. Gaussian Channel TechDev observed that the two-week Gaussian channel, which identifies price trends, flipped green. This has only happened once before in Bitcoin’s history, preceding a significant rally. Chaikin Money Flow The Chaikin Money Flow (CMF) metric, which…
Former President Donald Trump has raised concerns that the United States is losing its global influence as countries increasingly move away from using the dollar. De-Dollarization Threatens US Power In a recent interview, Trump argued that tariffs give the US an advantage over other nations. However, he warned that the growing trend of de-dollarization, or…
A renowned Bitcoin trader believes the recent price drop is beneficial for the cryptocurrency’s long-term uptrend. Consolidation and Renewed Strength According to Dave the Wave, Bitcoin’s move below $60,000 has halted the possibility of a parabolic surge. He suggests that further consolidation will provide a solid foundation for a stronger surge later this year. “It’s…
Bitcoin’s Steep Decline Bitcoin recently plunged to $60,000, and crypto research firm 10x Research predicts it could fall even lower. Analyst Markus Thielen points to a “topping formation” that suggests a drop to $50,000. Factors Supporting the Bearish Outlook Lack of New Investment: The crypto market is seeing net outflows, with US Spot Bitcoin ETFs…
