Looking at the BTC bull and bear cycle from the supply of LTH and STH
Crypto market, looking at the BTC bull and bear cycle from the supply of LTH and STH. Golden Finance, will the adoption of ETF interfere with the accuracy of the data?
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Crypto market, looking at the BTC bull and bear cycle from the supply of LTH and STH. Golden Finance, will the adoption of ETF interfere with the accuracy of the data?
Bitcoin (BTC) sees extreme volatility, trading between $60,000 and $67,000. Exchange supply hits all-time low, driving scarcity-driven price rebound. Despite liquidations, potential buybacks may fuel further price surges.
This article will discuss Ethereum supply dynamics, including ETH staking, gas usage, exchange balances, ETH in smart contracts, re-staking vs. liquidity re-staking and Eigenlayer.
Chainlink's exchange supply has reached a four-year low, indicating potential bullish momentum. The decline aligns with a price rebound, emphasizing the positive impact of reduced reliance on centralized exchanges. As investors opt for self-custody, Chainlink navigates towards a more resilient position amidst market uncertainties.
Approximately 57% of Bitcoin remains dormant for over two years, held by Long-Term Holders (LTHs) setting consecutive highs. This resilient group showcases strong conviction, potentially influencing Bitcoin's supply dynamics. The recent approval of Bitcoin spot ETFs by the US SEC and a decline in BTC stored on exchanges further suggest a supply squeeze. Bitcoin is trading around $45,900, reflecting a 4% increase in the past week. Traders monitor these trends for potential impacts on Bitcoin's price movements.
Irys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.
Net exchange outflows have slowed to $641 million in BTC.
The Mt. Gox Bitcoin exchange rehabilitation system has released a new function that allows creditors to select a repayment method and register payee information.
The quantity of BTC is gradually being removed from crypto exchanges as investors show signs of being content with their existing holdings.
Some jurisdictions have put mandatory regulations for BTC and crypto-related companies. For example, a law demands that all crypto service ...