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Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

On-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets.

Continue ReadingBitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

Analysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal

BTC’s journey into the $43,000 to $46,000 price range could be another sign that the multi-month correction has ended.

Continue ReadingAnalysts say Bitcoin’s range-bound trading at a key support level reflects a trend reversal

US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth

Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index…

Continue ReadingUS Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth

Avalanche correction risk rises after AVAX price soars 80% from January lows

Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token.

Continue ReadingAvalanche correction risk rises after AVAX price soars 80% from January lows

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom.

Continue ReadingEthereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound