Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million. Ethereum Accumulation Continues To Surge The analysis shared by verified CryptoQuant analyst, Burak Kesmeci, indicates that more than 19 million ETH is now held by the so-called “accumulation addresses.” In January 2024,… Continue reading Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms… Continue reading Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?

As Bitcoin (BTC) inches closer to $70,000, its dominance in the wider crypto market has risen to a cycle high of 58.9%. Bitcoin Dominance Rises, Are Altcoins In Trouble? Bitcoin dominance (BTC.D), a metric that measures the proportion of the total cryptocurrency market cap commanded by the leading digital asset, has hit a new cycle… Continue reading Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?

Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000

As the week progressed, the Bitcoin (BTC) price steadily climbed toward its all-time high of $73,700 in March of this year. This upward momentum is in line with the predictions of various market experts, expecting significant gains for the leading cryptocurrency by the end of the year. One such expert, crypto analyst Gert van Lagen,… Continue reading Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000

Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch

Donald Trump new cryptocurrency initiative, World Liberty Financial (WLF), has encountered significant challenges since its launch. According to a report by CNBC, the project aims to establish a crypto bank and was expected to attract considerable investor interest. However, the token sale, which began on Tuesday, was marred by website outages and technical issues, severely… Continue reading Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch

Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?

Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of October 15, Bitcoin briefly crossed $66,000 before retracing to $65,964 at the time of writing. Over the past 24 hours,… Continue reading Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?

Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’

After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year.  This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls… Continue reading Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’

Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility

A recent report from centralized exchange (CEX) Blofin highlights a cautiously bullish sentiment among crypto investors, even as macroeconomic indicators and global market conditions continue to inject a degree of precaution into the market.  Market Anticipates Limited Fed Rate Cuts According to the firm’s analysis, one significant factor influencing market sentiment is the surprisingly positive… Continue reading Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility

Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings… Continue reading Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

SUI Records Substantial 120% Price Surge, But Insider Selling Claims Raise Red Flags

Layer 1 blockchain protocol Sui (SUI) has made headlines recently, recording an impressive 120% increase over the past 30 days, allowing the protocol’s native token SUI to outperform the top 10 largest cryptocurrencies on the market, culminating in a new all-time high of $2.35 on October 13.  However, since this peak, the token has retreated… Continue reading SUI Records Substantial 120% Price Surge, But Insider Selling Claims Raise Red Flags