Analysts have noted that after BTC surpassed the $100,000 mark, long-term Bitcoin holders (LTH) began taking profits. Data from CryptoQuant shows that the “Long-Term Holder Spent Output Profit Ratio” (LTH-SOPR) has significantly increased. This ratio measures the profit levels of long-term Bitcoin investors by comparing the selling price of Bitcoin
Bitcoin Could Reach $200,000 by End of 2025
Geoff Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, stated in a report that Bitcoin’s capital flow this year has been largely driven by institutional investors, a trend that is expected to continue. Following the breakthrough of $100,000, Bitcoin could reach $200,000 by the end of 2025. So far this year, institutions [
Elon Musk’s DOGE Tweet Controversy; Plus Wallet Gains Popularity
This week’s news unravels a recent crypto controversy, along with providing valuable insights on tools traders can use…
Australia to Crack Down on Crypto ATM Providers Due to Money Laundering Risk
Australia is tightening its grip on cryptocurrency financial crime with the launch of a new task force targeting crypto ATM providers. AUSTRAC, the country’s financial intelligence agency, is leading this effort, focusing on ensuring strict compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. With over 1,308 cryp
SEC Notifies Rejection of at Least Two SOL ETF Applications: Reports
The U.S. Securities and Exchange Commission (SEC) has reportedly notified at least two of the five potential issuers…
BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?
BNB price is consolidating near the $725 zone. The price is showing positive signs and might aim for a move above the $740 resistance. BNB price started a downside correction from the $800 resistance zone. The price is now trading above $700 and the 100-hourly simple moving average. There is a key bearish trend line […]
Market Expert: Not Long On XRP? You’re ‘Disrespecting’ Yourself
Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due […]
XRP Price Steadies Above Support: Preparing for the Next Move?
XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key […]
XRP Price Steadies Above Support: Preparing for the Next Move?
XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key […]
XRP Price Steadies Above Support: Preparing for the Next Move?
XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key […]