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No ‘Banana Zone’ Yet – Altcoins Remain Out of Favor While Bitcoin (BTC) Dominance Persists

Speculation around a broader altcoin surge continues, especially against a backdrop of cautious trading and selective demand. New data, however, demonstrates that the ongoing trends continue to favor Bitcoin as…

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Bitcoin Sees Intense Surge in Realized Profits Following Ascent to $111K: Glassnode

Bitcoin investors have been aggressively taking profits since the cryptocurrency recorded a new all-time high (ATH) above $111,000. Although the asset has retracted over the past week and has been…

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Uniswap (UNI) Marks 7% Daily Increase, Bitcoin (BTC) Maintains $105K (Market Watch)

Bitcoin’s price went through a sudden uptick toward a new weekly peak but was stopped and pushed south to a familiar ground of around $105,500. The altcoins are slightly in…

Continue ReadingUniswap (UNI) Marks 7% Daily Increase, Bitcoin (BTC) Maintains $105K (Market Watch)

No Signs of Bitcoin Retail Frenzy: On-Chain Demand Slows in Crypto Market

Bitcoin has steadied itself a little above $105K after retracing from its recently established all-time high. However, retail euphoria has yet to materialize in the current crypto market. In fact,…

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Bitcoin Derivatives Market Shows Signs of Overheating, Further Pain Incoming? (Bitfinex)

Over the last almost two weeks, bitcoin has been experiencing its first meaningful correction since the recovery from April lows. The asset has dropped about 8% from its all-time high…

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Older Bitcoin Holders Show Signs of Selling Exhaustion – What Does This Mean?

A few days ago, analysts at the market research and intelligence firm Glassnode discovered that older Bitcoin holders were leading the sell-off that triggered BTC’s correction. Currently, it appears that…

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