XRP Reaches 6-Year High – Whales And STH Accumulate Together

Este artículo también está disponible en español. XRP has soared to a remarkable $2.49, marking its highest market value since January 8, 2018. This impressive milestone follows an astounding 395% price surge since November 5, reflecting renewed investor enthusiasm and strong market momentum. The rapid rally has reignited discussions about XRP’s potential as one of the standout performers in the crypto market. Related Reading Key data from blockchain analytics firm Santiment highlights a significant accumulation trend among large holders. In three weeks, wallets holding 1M-10M XRP have amassed 679.1 million…

Bitcoin Price At $245,000? Here’s When You Should Be Expecting It

Este artículo también está disponible en español. Considering Bitcoin’s steady bullish momentum following Donald Trump’s win in the US Presidential elections, a crypto analyst believes that continuing this upward trend could see the Bitcoin price hit $245,000 this cycle. The analyst has provided the timeline for this mega price leap, utilizing logarithmic chart patterns and historical data to back his optimistic projection. When Bitcoin Price Will Hit $245,000 TradingView crypto analyst Behdark has released a report that provides a technical overview of the recent Bitcoin price trends and potential future…

AVAX Price Inches Closer To $50 – Will Bulls Deliver A Breakout?

Avalanche (AVAX) is making waves in the crypto market as its price approaches the significant $50 resistance level. The bulls have shown impressive strength, fueling optimism for a potential breakout. A successful move beyond $50 could signal the start of a robust rally, capturing the attention of traders and setting the stage for further upside. The goal of this article is to examine AVAX’s upward momentum as it nears the $50 resistance level, assessing the possibility of a breakout. It also delves into the technical and market factors influencing the…

BTC on Crypto Exchanges Slumps to Four-Year Low of 3M

The so-called $100,000 sell wall for bitcoin (BTC} is becoming a hard nut to crack, with $384 million available for sale between the current price and that six-figure milestone. A look at the supply data, though, suggests building pressure for an upward move. “Illiquid supply” refers to the amount of bitcoin that is owned by long-term holders (LTHs) that is not actively traded. According to Glassnode data, illiquid supply has risen by more than 185,000 tokens over the past 30 days and hit an all-time high of 14.8 million BTC,…