CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, a trend often viewed as an early signal of a bullish price outlook. Ethereum Exchange Balances Fall To 2016 Lows Arab Chain, a crypto analyst on CryptoQuant, revealed that Ethereum’s exchange supply ratio across all tracked platforms has declined to approximately 0.137. According to the data referenced in…
Tag: Price
XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving?
XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid. Related Reading At the time of reporting, XRP was trading around $1.86, down more than 8% in the last week. That gap between ETF growth and a falling spot price has left some investors puzzled. ETF Flows And How They Work According to Chad Steingraber, the way ETFs operate helps explain the disconnect. ETF shares trade on exchanges like regular stocks during market hours. Fund managers…
Bitcoin Price Lags Network Utility: A Valuation Reset Is Underway
Bitcoin continues to struggle below the $90,000 level as volatility remains elevated and market conviction weakens. Short-term price swings have failed to establish a clear directional bias, reinforcing a broader sense of uncertainty among traders and investors. While price remains historically high, internal market conditions suggest that underlying stress is building beneath the surface, particularly within the mining sector. A recent analysis by Axel Adler highlights growing pressure on Bitcoin miners using the Miner Financial Health Index, a composite metric that assesses mining profitability relative to price. Readings above 80%…
Bitcoin’s ‘most oversold’ weekly RSI hints at BTC price rebound in 2026
Bitcoin (BTC) traders expected a short-term bounce as a key BTC price metric sank to its lowest levels in almost three years. Data from Cointelegraph Markets Pro and TradingView revealed extremely “oversold” conditions on the BTC/USD relative strength index (RSI). Key takeaways: Bitcoin’s “most oversold” RSI, historically tied to major BTC price rallies, suggests a price reversal in the short term. Bitcoin’s network value-to-transaction ratio shows it is undervalued at current levels. BTC price dip sends RSI back to 2023 Bitcoin’s 36% drop to $80,500 on Nov. 21 from its all-time…
XRP Price Turns Lower as a Familiar Pattern Reappears Again
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Ethereum Price Sinks Again—Are Bulls Running Out of Defenses?
Ethereum price failed to stay above $2,950 and declined again. ETH is now consolidating and might soon aim to attempt another recovery wave if it clears $2,850. Ethereum started a fresh decline below the $2,920 zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,800 zone. Ethereum Price Faces Renewed Selling Pressure…
Bitcoin Price Retests Support—Is the Market Bracing for Volatility?
Bitcoin price attempted to start a fresh increase but failed at $89,500. BTC is now struggling below $86,500 and might continue to move down. Bitcoin started a fresh decline below the $86,500 zone. The price is trading below $86,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $87,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,000 zone. Bitcoin Price Dips Again Bitcoin…
BNB Chain Launches Payments For Amazon’s AWS Customers: Can BNB Price Hold $830?
Key Notes BNB Chain integrates with AWS via BNP to offer faster settlements and reduced transaction costs for enterprise customers. Technical analysis shows BNB testing $830 support after double-top breakdown with $820 as next bearish target. Pepe Node presale approaches $2.6M target as meme coin projects capitalize on increased blockchain payment adoption. BNB Chain announced on Dec. 18 that AWS customers can now pay for services using BNB through Better Payment Network (BNP), built on BNB Chain. The integration targets faster settlement, lower transaction fees, and simpler cross-border payment execution.…
Will Bitcoin price rise or fall after the BoJ rate decision on Dec. 19?
The Bitcoin price has remained on edge this week as investors await the Bank of Japan’s interest rate decision scheduled for Dec. 19. Summary Bitcoin price has pulled back this week as traders wait for the BoJ interest rate decision. Polymarket odds of a rate cut have jumped to 99%. Bitcoin has formed a bearish flag pattern on the daily chart. Bitcoin (BTC) token was trading at $87,700 at press time. This price was about 7.47% below the highest point this month, and 30% below the all-time high. Odds of…
Crypto Reaching Must Hold Support Levels for Hopes of C-Leg Rally for Bitcoin, XRP & Altcoin Market
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…