Top On-Chain Buy Alert: $ENA Leading the Way If you’re in the crypto market, you might want to pay attention to the latest buzz around $ENA. This week, it has emerged as the top choice for smart money on-chain purchases, with over $2 million recently added across 5 wallets. This surge marks the highest inflow…
Bitcoin Reaches Euphoric Levels with Market Cap Profits Surging The unrealized profit percentage in relation to Bitcoin’s market cap has recently surpassed the +2σ level. This level is historically associated with market euphoria, indicating a bullish sentiment among investors. Implications of the Surge Similar patterns have been observed before major All-Time Highs (ATHs), signaling potential…
Bitcoin Peaks 14 Months After Turning Points, According to TechDev Analysis TechDev research has revealed an interesting trend in the behavior of Bitcoin prices. According to their analysis, Bitcoin tends to reach its peak value consistently 14 months after experiencing a significant turning point. Insights from TechDev Analysis Further delving into the data, TechDev analysts…
Bitcoin Price Volatility: Galaxy Digital Sells BTC Causing Fear Recently, Galaxy Digital’s sale of Bitcoin has sparked fear among investors who were considering buying during a dip in the market. However, experts suggest focusing on the charts rather than reacting to the news immediately. Upcoming Events in the Crypto Market Despite the current concerns, the…
DeFi Emerges as the Top Performing Narrative Over the Last Week Decentralized Finance (DeFi) has taken the lead as the most successful narrative in the past seven days, showing significant growth and adoption. Positive Signs for the Crypto Market These developments indicate a positive trend in the crypto market, with DeFi projects gaining traction and…
CryptoPunks Floor Price Surges by 15% to Reach $175,000 The floor price for CryptoPunks has seen a significant increase, rising by 15% to reach $175,000. This surge in price is attributed to a recent transaction where a single trader purchased 76 NFTs for a total of $13.5 million, causing the trading volume to skyrocket by…
The Strategy Behind the Trump–Powell Panic Big players in the market orchestrated the Trump–Powell panic to fulfill their liquidity needs. How It Unfolded The New York Times revealed the sequence of events: Initially, Trump considered firing Powell, causing the dollar to drop, gold to spike, and Bitcoin to fluctuate. However, within 15 minutes, Trump retracted…