Author: Digicoinvision

Bitcoin’s oldest whales could be to blame for Bitcoin’s slow price action this cycle, according to Bitcoiner Willy Woo, pointing out that it now takes more than $110,000 of fresh capital to absorb every Bitcoin they sell.“BTC supply is concentrated around OG whales who peaked their holdings in 2011,” Woo said in an X post on Sunday. “They bought their BTC at $10 or lower.”“This differential in cost basis, the supply they hold and their rate of selling has profound impacts on how much new capital that needs to come in to lift price,” the OG Bitcoiner said.Source: Willy WooWhale…

Metropolis is finally (almost) here! The fork for Byzantium, the first and larger part of Metropolis, succeeded on the testnet over two weeks ago, and the likely date for the fork on the mainnet has been set to block 4.37 million, which is expected to be on Oct 17. New features include opcodes such as REVERT and RETURNDATACOPY, as well as precompiles that can be used to support a wide array of cryptographic algorithms. At the same time, we have been seeing many improvements to Ethereum core code, Whisper, Swarm as well as Ethereum’s future scaling plans. Casper PoC4 has been…

Shiba Inu’s on-chain burn activity exploded today, with Shibburn reporting a 4,547.78% jump in the burn rate and ~3.7 million SHIB removed from circulation over the past 24 hours. The spike is one of several high-volume burn days the meme-coin has seen this month as community projects and whale transfers try to shrink the enormous SHIB supply. Shibburn’s live tracker shows a sequence of burn transactions over the last day, including several mid-to-large transfers to the known null/burn addresses that permanently lock tokens and take them out of circulation. The site aggregates burns sent to three special null addresses widely…

Ethereum price started a fresh increase above the $4,650 zone. ETH is now consolidating gains and might find bids near the $4,550 support. Ethereum started a fresh upward move and traded to a new all-time high. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,550 in the near term. Ethereum Price Regains Traction Ethereum price formed a base and extended its increase…

Join Our Telegram channel to stay up to date on breaking news coverage Crypto markets may be peaking as social media chatter around potential Federal Reserve rate cuts hits an 11-month high, Santiment said. Keywords like “Fed,” “rate,” and “cut” have dominated discussions, reflecting unusually high investor optimism, said Santiment, which tracks crypto market sentiment. “Historically, a massive spike in discussion around a single bullish narrative can indicate that euphoria is too high and may signal a market top,” it said in its “This Week in Crypto” report. “ETH is just inches away from its historic peak, but on-chain data shows…

Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,500 resistance zone. Bitcoin Price Dips Again Bitcoin price started a fresh decline after a close below the $114,500 level. BTC…

Blockchain messaging protocol LayerZero has won the bid to acquire crypto protocol Stargate after a shaky first offer and a late four-way bidding war.Stargate’s community voted on Sunday with a 95% majority to greenlight the LayerZero Foundation’s $110 million acquisition proposal, which it amended after holders of the Stargate (STG) token said the original deal was unfair.Three of LayerZero’s rivals also put in last-minute bids or intent-to-bids to acquire Stargate, with one bidder, Wormhole, unsuccessfully asking for the vote on LayerZero’s acquisition to be paused.LayerZero developed and launched Stargate in 2022, and the deal now sees the platform come back…

The Ethereum network will be undergoing a planned hard fork at block number 4.37mil (4,370,000), which will likely occur between 12:00 UTC and 13:00 UTC on Monday, October 16, 2017. The Ropsten test network underwent a hard fork on September 19th (UTC) at block number 1.7mil (1,700,000). A countdown timer can be seen at https://fork.codetract.io/. As a user, what do I need to do? Download the latest version of your Ethereum client: What if I am using a web or mobile Ethereum wallet like MyEtherWallet or Jaxx? Ethereum websites and mobile applications that allow you to store ether and/or make transactions are running…

Key Takeaways Crypto markets surged as Powell hinted at a September Fed rate cut, with Ethereum nearing records, Bitcoin steady, and Chainlink decoupling while on-chain data warned of risks. Crypto markets buzzed as investors reacted to hints of a potential US Federal Reserve rate cut in September. Social media chatter around Fed rate cut Social media chatter is surging, said sentiment platform Santiment, following dovish remarks by Fed Chair Jerome Powell at the Jackson Hole symposium. While Ethereum [ETH] led the rally, touching $4,834, Bitcoin [BTC] hovered near $117,000, aiming for $120,000. Chainlink [LINK] also impressed, hitting $27.11, a year-to-date…

In crypto’s fast-moving world, traders have long relied on charts, such as candlesticks, Fibonacci lines and Bollinger Bands, to interpret price action. But a quiet shift is underway. Instead of staring at graphs or toggling between indicators, traders are increasingly turning to AI models like ChatGPT and Grok for real-time context, sentiment analysis and narrative framing. These tools don’t replace charts outright, but they’re becoming the first stop for insight, transforming how many retail and semi-professional traders approach decisions.Here’s how and why it matters.The crypto chart fatigue shiftCrypto charts are dense with data, but that doesn’t always translate into clarity. Reading…