Author: Digicoinvision
Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X post, Bitcoin found support around the short-term holder Realized Price during the latest dip. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor on the BTC network. When the price of the cryptocurrency is above this metric, it means the holders as a whole are in a state of net…
Join Our Telegram channel to stay up to date on breaking news coverage South Korean retail investors dumped Tesla shares in the past four months, shifting their attention to crypto stocks amid growing disillusionment with Elon Musk’s electric car manufacturer. That’s according to a Sept. 1 report by Bloomberg, which says investors sold a net $657 million of Tesla stock last month and $1.8 billion in the past four. That was the largest outflow for Tesla stock since at least 2019, the report added. That’s despite Tesla shares pumping more than 10% in the last month, according to Google Finance.…
India’s financial watchdogs have reportedly uncovered a troubling trend in the cryptocurrency sector, where client deposits on exchanges are being redeployed without investor knowledge. According to the income tax department’s investigation, platforms routinely use customer tokens for lending, staking, or liquidity enhancement, retaining profits while granting users only the right to sell their holdings. Officials […]
Following hacking @ DEVCON1, Martin Swende is Nr. 1 on the leaderboard of the Ethereum Bounty Program. The bounty program is ongoing and the last bounty awarded amounted to 5 BTC. The program is open to anyone. With BTC Relay getting ready for launch on Ethereum and its importance for many DApps, we want to highlight its ongoing security audit by including it in the Ethereum Bounty Program. BTC Relay is an Ethereum contract that implements Bitcoin SPV: https://en.bitcoin.it/wiki/Thin_Client_Security The chief purpose of BTC Relay is to pass along any sufficiently confirmed Bitcoin transaction, to a specified Ethereum contract. If…
Key points:Bitcoin bulls will have to quickly push the price back above the 20-day EMA to prevent a collapse to $105,000. The shallow pullback in select altcoins suggests that the investors are not hurrying to sell them as they anticipate the up move to continue. Bitcoin (BTC) is trying to rise above $110,000, but the bears are defending the level. Crypto market sentiment platform Santiment said in a report that “buy the dip” mentions have increased on social media, signaling further downside. Santiment said that a true bottom would form when there is “widespread fear and a lack of interest in buying.”Another…
Myriad, a blockchain-based prediction protocol, announced it has surpassed $10 million in USDC trading volume since launching in March. The Growing Credibility of Prediction Markets The blockchain-based prediction protocol Myriad announced on Sept. 1 that it has surpassed $10 million in USDC trading volume since its launch in March. The platform has also facilitated over […]
The recent downturn in Bitcoin prices has raised eyebrows among market analysts, with one prominent figure warning that the leading cryptocurrency could face a significant decline toward the $90,000 mark in the coming months. As Bitcoin opened the month officially dropping below critical support levels, the market’s reaction remains tepid, suggesting that many investors have yet to fully grasp the severity of the situation. BTC’s Last Line Of Defense In a recent post on X (formerly Twitter), market analyst Doctor Profit highlighted key price levels associated with various holder groups: $115,600 for 1 million holders, $113,600 for 3 million holders,…
A long-time Bitcoin whale has been shuffling their portfolio in recent weeks, offloading their holdings to build significant new positions in ETH. Summary A Bitcoin OG has rotated over $4.1 billion from BTC into ETH and now holds approximately 886,000 ETH. The move comes as ETH continues to outperform Bitcoin. Broader industry interest in ETH is rising, with more than 4.44 million ETH, valued at nearly $19.7 billion, now held by 71 public companies. On-chain tracker Lookonchain first flagged the portfolio activity in late August. The whale, who received more than 100,000 BTC (BTC) about seven years ago, has begun…
Key Takeaways KuCoin token is making new highs in 2025 with its move past the $14.l level. Analysis showed that the next resistances at $15.08 and $15.96 would soon be overcome as well. KuCoin Token [KCS] has made substantial gains in recent weeks. While Bitcoin [BTC] and most altcoins struggled to defend key support levels, the exchange token rallied 41%. KuCoin token was trading at $10.4 on the 3rd of August, and had climbed to $14.7 at the time of writing. KuCoin Token maintained a strong uptrend on both the weekly and 1-day timeframes. The Fibonacci retracement levels plotted based…
Key takeaways:Bitcoin whales rotating billions of dollars into Ether highlight weakening conviction in Bitcoin’s $108,000 support among major players.Bitcoin derivatives show rising liquidation risks with $390 million in leveraged longs at peril below $107,000.Bitcoin (BTC) has traded within a narrow 2.3% range since the sharp decline from $112,500 on Friday. The absence of momentum can partly be attributed to regulated markets being closed for the US Labor Day holiday, but Bitcoin derivatives markets indicate a growing lack of confidence in the $108,000 support level.Bitcoin 30-day futures annualized premium. Source: laevitas.chThe Bitcoin monthly futures annualized premium currently sits at 7%, which…