On-chain analytics firm Glassnode has highlighted how the accumulation of the major Bitcoin entities has remained relatively weak of late. Bitcoin accumulation trend score is struggling to break the 0.5 mark. In a new post on This on-chain indicator tracks whether BTC investors are currently accumulating or distributing. The metric calculates its value by looking […]
Bitcoin was trading around $63,000 on Tuesday as global risk sentiment weighed on crypto markets. The cryptocurrency was trading at $62,911.Bitcoin and Ethereum are down 3% and 2% respectively in the past 24 hours. Among the major altcoins, XRP, BNB, Solana, Tron, Dogecoin, Cardano and Hyperliquid fell 4%. According to CoinMarketCap, the global crypto market […]
XRP, Solana and Chainlink recorded small inflows, but this was not enough to offset the broader, ongoing altcoin outflows. Investor interest in digital asset funds remains subdued after weekly outflows of $288 million. This marks the fifth straight week of repayments, pushing total withdrawals to $4 billion, still behind last year’s $6 billion. Market participation […]
Binance controls nearly a third of the exchange’s supply, underscoring how liquidity power is concentrated in a few locations. Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently resides on centralized exchange platforms. The concentration of assets on trading platforms shows that despite the shock of the […]
Coinbase, Binance, and BlackRock collectively own millions of BTC, revealing centralized power amid decentralized cryptocurrency narratives. Bitcoin’s pseudonymous creator, Satoshi Nakamoto, remains the largest holder of the cryptocurrency, controlling approximately 1.1 million BTC. This amounts to approximately 5.5% of the total supply. At current market prices, this holding is worth approximately $75 billion, dwarfing the […]
Such searches for BTC’s demise reached their highest level in a while. “The news of my death has been greatly exaggerated.” Guess what, bitcoin is dead – again. At least according to people who search for it on Google and of course those who proclaim its demise. However, such past examples have been followed by […]
The inflection point between the two investment assets is close, Kiyosaki said. But in reality it could take another century. The famed New York best-selling author made headlines again on Friday when he outlined his latest Bitcoin purchase, doubling down on his belief that BTC is (or eventually will be) a better investment option than […]
Data shows that the Bitcoin Fear & Greed Index is still within the extreme fear zone as the cryptocurrency market continues to struggle. Bitcoin Fear & Greed Index Still Indicates ‘Extreme Fear’ The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among traders in the […]
Bitcoin (BTC) continues its price decline, reaching $65,650 in the third week of February. Yet, individuals with BTC holdings are not seeing the trend as an opportunity to invest in cryptocurrency through SIP investing, says Mridul Gupta, Founding Partner of CoinDCX. business line. The downward trend is even encouraging new investors to enter the market […]
They say journalists never really clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and articles that decipher the jargon for the masses. However, when the PC enters sleep mode, its activities take a […]