Bitcoin’s Support Appears Vulnerable Amid Weak Demand, Says Bitfinex Alpha

The recent price action underlines a lack of conviction in the market, with traders choosing to wait for clearer signals before taking new positions. According to Bitfinex Alpha, the world’s largest cryptocurrency by market capitalization has failed to stay within its consolidation range between $106,000 and $116,000, while its purchasing power is declining. The price […]

Demand for BTC and ETH Exposure Weakens as US Investors Turn Cautious: CryptoQuant

All figures on the spot, futures and derivatives markets point to profit taking rather than renewed accumulation among investors The cryptocurrency market is facing a decline in momentum, impacting all sectors in the ecosystem, especially areas related to investors in the United States. A report of CryptoQuant revealed that US investors are showing a slowdown […]

Was last week’s taper event a necessary reset for the Bitcoin market? Glassnode weighs in

Glassnode insists the liquidation was necessary as it eliminated excess debt, recalibrated short-term sentiment and reduced speculative positioning. Friday, October 10 was one of the most memorable days in crypto history. The market witnessed the largest liquidation event amid trade tensions between the US and China. This incident has spread and impacted several parts of […]

The ‘Uptober’ effect: Why analysts are bullish in October about the price of Bitcoin

Bitcoin (BTC) is on schedule for a third consecutive “Green” September, a trend that historically set the scene for a “double digit” Oktoberrally. With a profit for the month currently floating around 8%, analysts look to see if this pattern, called “Uptober”, will repeat itself. Watch out for the double digit October Analysts look closely […]

These 2 growth engines drive billions in the American crypto adoption: chain analysis

There has been an “explosion” of tokenized treasuries, while Bitcoin ETFs see a rapid rise in the US. Chain analysis showed that these two segments reform the intersection of traditional financial and crypto markets in the country. Merge and crypto Tokenized Real-World Assets, in particular money market funds, supported by American treasury, have emerged as […]