On-chain data reveals Ethereum’s price has fallen below almost all investor cost basis levels, except one. Let’s dive into where this crucial support might lie. Realized Price: The Key Indicator Analyst MAC_D highlighted a key support level for Ethereum: the Realized Price. This metric tracks the average cost basis for different groups of ETH holders….
Ethereum’s Market Value to Realized Value (MVRV) ratio has taken a nosedive, hitting its lowest point since December 2022. Let’s break down what this means. What is the MVRV Ratio? The MVRV ratio is a key indicator that compares Ethereum’s market cap (total value at the current price) to its realized cap (total value based…
Arthur Hayes, the founder of BitMEX and the crypto investment firm Maelstrom, predicts a surge in altcoin performance once Bitcoin surpasses a key price point. Bitcoin’s Reign, Then Altcoin’s Rise Hayes believes Bitcoin will continue its market dominance for a while. However, he anticipates a shift once Bitcoin climbs significantly above $100,000. He explains that…
Changpeng Zhao (CZ), the former CEO of Binance, is now advising Pakistan on blockchain and Web3 technologies. This move signals Pakistan’s ambition to become a leader in the crypto space. A Big Boost for Pakistan’s Crypto Scene Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, hailed the appointment as a “landmark moment,” emphasizing the country’s commitment to…
Swissblock, a well-known crypto analytics firm, believes Bitcoin (BTC) is nearing a major market bottom and is about to explode upwards. Bitcoin’s Bottom is Near? According to Swissblock, their Bitcoin Fundamental Index (BFI), which tracks network growth and liquidity, is showing signs of strength. This suggests new investors are entering the market, bringing fresh liquidity…
Crypto analyst Jason Pizzino is forecasting more bad news for several major cryptocurrencies. He believes XRP, Solana (SOL), and Ethereum (ETH) are likely to see further price declines. XRP: A Deeper Dive? Pizzino predicts XRP will continue its downward trend, targeting a price of around $1.40. He notes that even with a recent 20% drop,…
A crypto analyst, Melika Trader, is predicting a potential Bitcoin price crash of up to 60%, sending BTC plummeting to $49,000. Let’s break down their analysis and what it means. A Potential 60% Bitcoin Crash Melika Trader, using data from Binance, points to a critical support level that Bitcoin is precariously perched above. A break…
Crypto investors pulled out a total of $240 million last week, according to CoinShares. This reflects a cautious mood due to global economic worries, especially after recent US tariff announcements. Bitcoin and Ethereum Lead the Exodus Bitcoin saw the biggest outflow, losing $207 million. Even with this, Bitcoin’s year-to-date inflows are still a hefty $1.3…
A big change in prediction from a Galaxy Digital analyst has everyone talking about the US government possibly buying Bitcoin in 2025. A Shifting Outlook Alex Thorn, head of research at Galaxy Digital, recently tweeted that the US government’s potential Bitcoin purchase in 2025 is looking more likely. He initially predicted the US would simply…
Is the Bitcoin bull run over? One expert says yes, another says not so fast. Let’s dive into their arguments. The Bearish View: Realized Cap as a Warning Sign Ki Young Ju, CEO of CryptoQuant, believes Bitcoin’s bull market might be finished. He’s looking at something called “Realized Cap.” This isn’t just the current market…
