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Global Blockchain Show in Dubai, day 2. Watch my fireside chat at 11:30 if you are here.
Ansvarsfraskrivelse: Indeholder udtalelser fra tredjeparter. Ikke økonomisk rådgivning. Kan indeholde sponsoreret indhold.
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Spot Bitcoin ETFs saw a -991 BTC outflow, totalling about -$64.33 million USD. This streak of eight straight days of outflows has intensified selling pressure on Bitcoin, contributing to its recent downtrend.
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Solana's FOMO (Fear of Missing Out) level acted as resistance three times since March. A successful break above this level ($194) usually leads to a 200%- 400% price increase.👀$SOL
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The altcoin season index points out that we entered a Bitcoin season. Altcoins are continually underperforming Bitcoin , and this behaviour is expected to continue until the end of rate cuts. Always manage your risk.
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The recent Ethereum price surge might have a surprising story behind it. Who pumped ETH, retail or institutional investors? Answer: Whales or institutions. Addresses holding between 10-100, 100-1K, 1K-10K Ethereum continue to decline, while addresses holding 10K-100K ETH (whales or institutions?) are on the rise post-spot ETF approval. This trend could be bad news for ETH as retail investors are still not interested in ETH, but on the other hand, the interest from institutions may bring retail interest back into the Ethereum ecosystem. ETH spot ETF inflows (when trade starts) will help us know more.
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Which crypto holds the largest position in your portfolio?
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