The cryptocurrency landscape is evolving at an unprecedented pace, with new developments, technological advancements, and regulatory shifts shaping …
The cryptocurrency landscape is evolving at an unprecedented pace, with new developments, technological advancements, and regulatory shifts shaping …
Introduction Imagine a world where trust is no longer a barrier to transactions. A place where individuals and …
The U.S. Securities and Exchange Commission (SEC) has been making waves in the cryptocurrency world with its recent …
Dive into latest trends, insights, and hidden gem in the altcoin universe.
The price of Bitcoin has seen a significant drop today, falling 8% to a multi-week low, as concerns about the state of the bull market emerge. Recent insights from Glassnode highlight several risk factors that could lead to continued bearish momentum for Bitcoin in the near term. Weakening Market Conditions In its latest analysis, Glassnode …
Amid the ongoing bearish market, the Bitcoin short-term holder profitability is facing a key test once again. Bitcoin's short-term holder spent output profit ratio (STH-SOPR) is hovering around the breakeven level of 1.0, according to the latest data from Glassnode. Historically, this threshold has acted as a momentum confirmation point. Specifically, a successful break above …