We brings you the latest, real-time updates from the world of cryptocurrency. Stay ahead with breaking news on blockchain, market trends, and crypto events.
📊👀 $BTC #CryptoQuant : The current nearest support level is $94.5K, which represents the average purchase price for short-term holders (STH) holding coins for a period of 1 week to 1 month.
At the $80.8K level lies the average purchase price for the entire STH cohort.
📈🤔 $BTC Whenever these blue lines intersect (2017 and 2021 bull markets), Bitcoin 2024-2025 has converged, with only a few exceptions (one of which was the COVID dump).
Today another waypoint was met, making a mockery of the skeptics that claim Bitcoin is a speculative asset that fluctuates randomly.
The next waypoint on this chart is $250,000 in May.
📊👀 $ETH There is nothing preventing Ethereum from reaching new all-time highs. The only modest resistance zone ahead is around $4,540. But as long as the $3,560 demand zone holds, the odds favor the bulls!
📈🥳 Bitwise: Weekly inflows into global crypto ETPs just hit the highest level on record as $BTC ETP inflows re-accelerate & $ETH ETP inflows hit new daily record high.
$3.98B have flown into global crypto ETPs over the past 5 days.
The analysis of the Richest Bitcoin Addresses won’t reveal who holds the most BTC, as funds can be spread across multiple wallets. However, we can see that thousands of Bitcoins are stored in CEX wallets, and thousands more have been confiscated by the U.S. government.
🐸 #CoinGecko shows how quickly some of the most famous animal-themed memecoins reached the $1B mark. $PNUT leads the pack, achieving it in just 11 days, while the iconic $DOGE took 1487 days to cross the same milestone. #memecoin
📊👀 $BTC #Glassnode : While Bitcoin consolidates with temporary dips towards the lower end of the $90k range, SOPR Momentum - a key indicator of how the market is reacting to earnings pressure - continues to accelerate, indicating positive sentiment.
🎢🤔 $BTC #CryptoQuant : To trigger an upward price movement, a significant increase in open interest will be required, accompanied by high trading activity and the liquidation of short positions.
📈 $ETH network is showing consistent growth, with over 134,000 new Ethereum addresses being added daily. Steady adoption highlights the growing interest and activity on the blockchain.