So, apparently, in their latest weekly report, Glassnode spilled the tea on how Bitcoin’s long-term holders (aka those who’ve been holding their BTC for over 155 days – probably since the last crypto hype cycle) are switching things up. You know, LTHs are the ones with the real diamond hands. You know, the ones who refuse to let go of their precious coins. 💎✋
For months, long-term holders (LTHs) were the invisible ceiling above Bitcoin’s rallies – steadily distributing into strength. But Glassnode data shows that the LTH Net Position Change (3D) has moved back toward neutral territory after a period of sustained outflows. Translation: the big, patient money isn’t dumping anymore. 🧠
“Lo!” declared Analyst Trader Tardigrade, pointing a trembling finger at the heavens (or at least his screen). “DOGE hath pierced the veil of the descending resistance trendline! The RSI, once a downtrodden wretch, hath risen!” 📈✨
Ah, CME Group, that bastion of traditional finance, now stoops to alien rhythms, announcing their noble intent to unleash 24/7 crypto futures and options trading come early next year. As if the world’s woes weren’t enough, institutional greed swells like a river in flood, demanding more of this pixiecrypto dust for their coffers. Extended hours, they babble-flexibility! Risk management! As if man weren’t born to rest at day’s end, or toil ceaselessly toward some capitalist oblivion. 😜
This grand revelation comes hot on the heels of the token’s grand debut, which had the blockchain detectives scratching their heads and scribbling notes like their names were Sherlock Holmes. The whispers started when team wallets made some sizable XPL moves right after launch. Naturally, the conspiracy theories surfaced, suggesting insiders were cashing in early. Cue dramatic music. 🎶
With prices bouncing back like a trampoline, Alphractal-our very own alchemist of on-chain data-has declared Ethereum’s supply movements “dramatic.” Imagine that! ETH is fleeing exchanges at a pace that would make a cheetah blush, creating a supply squeeze so historic it deserves its own Oxford comma. The platform, with the gravitas of a man explaining why his dog ate your homework, insists this is the first time “inflows can’t keep up.” One might say it’s a liquidity drought, or as the crypto crowd puts it: “We’re all out of coins, sorry, try again later.”
Behold, the company hath enlisted the aid of Securitize, a platform cloaked in the regalia of regulation, to ensure that this alchemical process adheres to the sacred edicts of legality and security. A marriage of the old and the new, where the chains of compliance bind the wild spirit of blockchain.
The bill focuses on two issues: broader climate goals and consumer electricity prices. Taxes collected from miners would go to subsidize ordinary citizens’ utility bills. Because nothing says “environmental responsibility” like making crypto miners pay for your Netflix and Hulu. 🌍📺
Only 24% of Binance altcoins are above their 200-day SMA, showing most alts are still in accumulation. It’s like a crypto version of “I’m not lazy, I’m just in a holding pattern.” 🧘♂️