Stocks of Bitcoin miners saw an increase recently. BTC has fallen below its support line. As a seasoned crypto investor with a keen interest in Bitcoin (BTC), I’ve witnessed the intricacies of the market for quite some time now. The recent surge in the market capitalization of US-listed Bitcoin miners, as reported by JPMorgan and … Read more
The percent of ETH supply on exchanges has dropped to an eight-year low. ETH rebounded from its decline in the previous trading session. As a seasoned crypto investor with a keen interest in Ethereum [ETH], I’ve witnessed the ebb and flow of market trends for years. The recent decline in ETH’s price, coupled with the … Read more
Ethereum’s price surged by 6% from its weekly low of $3,381. Metrics indicate a potential price reversal. As an experienced analyst, I have closely monitored Ethereum’s [ETH] recent price action and market trends. Based on the available data and metrics, it appears that Ethereum has undergone a remarkable turnaround, with its price surging by 6% … Read more
BTC holders continue to see profits on their investments. This has remained despite the coin’s narrow price movements. As a long-term Bitcoin (BTC) investor, I’m thrilled to see that my holdings continue to generate profits, even during this narrow price movement. The recent report by Glassnode further emphasizes the robust profitability of BTC investors. With … Read more
Maker surges with 8.93% in 24 hours after a week of bull run. Market sentiment, and key technical indicators suggest a bull run As a seasoned crypto investor with a knack for analyzing market trends and identifying potential gains, I’m bullish on MakerDAO’s MKR token. The recent surge of 8.93% in just 24 hours, following … Read more
Miner capitulation and decreased stablecoin issuance are reducing crypto market liquidity. Significant outflows from ETFs are increasing selling pressure on Bitcoin. As a seasoned crypto investor, I’ve witnessed my fair share of market volatility. The recent downturn in the crypto market, with Bitcoin dropping by nearly 8% over the last two weeks, is particularly concerning. … Read more