The bullish impulse of the Bitcoin market has exhausted itself, and bitcoin has now entered a distribution phase. This can be seen in investors increasingly selling into strength rather than increasing their exposure. According to this week’s Bitfinex Alpha report, both flow data and on-chain dynamics indicate that BTC has transitioned out of the accumulation […]
Venture capitalist Tim Draper says fears that quantum computing will break Bitcoin (BTC) are misplaced, arguing that traditional banks and the dollars held within them face a bigger security risk. In comments published by Benzinga and amplified in an X post on June 9, Draper said he considers his BTC holdings safer than cash sitting […]
Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a blockchain transaction fee. His testimony came during a hearing on six standalone bills aimed at updating how the […]
On-chain analytics firm Glassnode has reported a sharp deterioration in key XRP network metrics, pointing to weakening activity and mounting pressure on holders. Recent data shows both transaction demand and realized profitability have fallen significantly despite the token trading well above its 2024 levels. The decline in holder profitability is particularly evident in Glassnode’s latest […]
Anthropic is reportedly set to release a public version of its Mythos AI model, and crypto analyst The DeFi Investor is urging decentralized finance users to act before that happens. The concern is based on how good Mythos is at finding software vulnerabilities, and a version of it becoming widely accessible could accelerate the speed […]
Bitcoin (BTC) staged a late Sunday rebound following several days of downward price action, though signs suggest the market has not reached a true recovery. Doctor Profit believes the crypto asset has moved into Stage 5 of his six-stage bear market framework, a period marked by intense emotional pressure. Biggest Bear Market Trap According to […]
“Is Bitcoin flashing bear market continuation, or an early bull market reset?” asked Fidelity Digital Assets on Tuesday. The asset manager noted that BTC has been in a death cross for more than 200 days, with the price briefly breaking below the 200-week moving average over the weekend. “Notably, sustained breaks below this level have […]
On June 8, technical analyst ChartNerd shared an XRP cycle breakdown, making the case that the current bear market has been shallower and potentially shorter than previous ones. Additionally, he said there’s a chance for a cycle bottom before the end of 2026 that could allow the Ripple token to eventually reach $27. What the […]
It’s safe to say that the cryptocurrency market has seen better days. In fact, such days were promised by the current US President, Donald Trump. And, for some time, they were here. Now, though, we are far behind, with the prices of almost all digital assets trading below his inauguration day and even lower than […]
Ethereum has emerged as the blockchain with the largest number of holders, far ahead of Bitcoin. Data on non-empty wallets shows that Ethereum has around 189.49 million holders, which is more than three times Bitcoin’s 59.08 million. Network Growth vs Market Performance The figures, shared by the head of research at Lisk, analyst Leon Waidmann, […]