On-Chain Data Shows Dogecoin At A Crucial Inflection Point

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst Ali Martinez (@ali_charts) published a new UTXO Realized Price Distribution (URPD) chart on X that offers a deep look at where large chunks of DOGE have last…

Bitcoin Holds Steady Above $86K as On-Chain Data Points to ‘Bullish Shift’

Bitcoin has shown signs of stabilization above the $86,000 mark after reclaiming the level earlier this week. This recovery marks a shift in short-term sentiment after several weeks of price turbulence. While the asset remains down approximately 20.2% from its all-time high set in January, the current rebound suggests a pause in downward pressure and a potential reassessment among market participants. Despite the recent uptick, traders and analysts remain cautious. Market behavior has been mixed, with on-chain metrics and trading activity offering differing signals. CryptoQuant contributor Nino recently provided a…

Bitcoin mining stocks down after Microsoft scraps data center plans

Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg and data from Google Finance. Shares of crypto miners Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot dropped between 4% and 12% in tandem with the news, the data showed. The stock price retrenchments highlight cryptocurrency miners’ increased dependence on business from artificial intelligence models after the Bitcoin network’s April 2024 “halving”…

Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and…

Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The analytics firm Glassnode has revealed the Solana price levels that could be important to watch, based on on-chain accumulation data. Solana Cost Basis Distribution Reveals Where Supply Is…

On-Chain Data Signals Key Test For Solana At $135 Level – Insights

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana has been struggling since late January, experiencing a sharp decline alongside the broader crypto market. SOL has lost over 60% of its value, with bulls now fighting to…

Bitcoin Miner Selling Still Elevated, On-Chain Data Shows

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has…

Ethereum onchain data suggests $2K ETH price is out of reach for now

Ether’s (ETH) price has been consolidating within a roughly $130 range over the last seven days as $2,000 remains strong overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows that ETH price oscillates within a tight range between $1,810 and $1,960. ETH/USD daily chart. Source: Cointelegraph/TradingView Ether price remains pinned below $2,000 for several reasons, including declining Ethereum’s weak network activity and decreasing TVL, negative spot Ethereum ETF flows, and weak technicals. Negative spot Ethereum ETF outflows The underperformance in Ether’s price can be attributed to investors’ risk-off behavior,…

Crypto Whale Shorts $445M in BTC While Taking Bullish Bet on MELANIA Token, Hyperliquid Data Show

Bitcoin (BTC) has steadied since last Tuesday, bouncing to its 200-day average above $84,000 over the weekend. Still, a crypto whale has taken a contrarian stance by raising a leveraged bearish bet on BTC worth millions on Hyperliquid while betting bullish on the MELANIA token. As of writing, the whale held a short position in BTC perpetual futures worth over $445 million, generating an unrealized gain of $1.3 million. The position employed a 40x leverage and a liquidation price of $86,000, according to data source Hyperliquid and Lookonchain. The outsized…