87% of Bitcoin supply is in profit: What it means for BTC’s next move

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

MKR aims for $3145: Technical indicators suggest…

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

As Bitcoin drops 7% in 14 days, 3 key factors explain the crypto meltdown

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

Bearish trend hits XRP: Liquidations rise as price drops below $0.5

XRP saw over $3 million in liquidation in the previous trading session. It continued to trend below its short moving average. As a researcher with experience in analyzing cryptocurrency markets, I have closely observed XRP‘s recent price trends and market indicators. The previous trading session saw over $3 million in liquidation for XRP, which is … Read more