BTC’s STH MVRV seemed to be at an inflection point that could fuel or dump BTC Options traders increased hedging activity ahead of Trump’s inauguration Bitcoin [BTC] is at a crossroads ahead of Donald Trump’s presidential inauguration on 20 January. That’s not all though, as a key valuation indicator, STH (short-term holders) MVRV, has retreated to a pivotal point too.
contributor Posted: December 20, 2024 XRP has declined by 2.82% over the past 24 hours. Ripples whales buy 110 million XRP tokens worth $242 million. Over the past 24 hours, the crypto market has experienced strong downward pressure. With most altcoins declining following BTC’s drop to $95k, XRP was not spared. Over this period, Ripple’s [XRP] has experienced a sharp decline, hitting a low of $2.15. This drop has created a buying opportunity among investors, especially whales. As such, whales have turned to buying the...
Ethereum broke out of a symmetrical wedge on the price charts ETH scooped up 70% in RWA tokenization Ethereum’s (ETH) charts saw the first signs that may shut down the narrative of “ETH is Dead.” This, after the altcoin recently broke out of a symmetrical wedge pattern and surged to trade around its $3,000 resistance level, at the time of writing. The aforementioned breakout indicated strong bullish momentum – A sign that ETH may hold its position above $3,000. Here, it’s worth noting...
XRP whale activity and active addresses point to rising market interest. Exchange reserves and long/short ratio reflect mixed trader sentiment. Ripple [XRP] has gained significant market attention, with a series of whale transactions sparking speculation about the token’s next move. Key on-chain metrics suggest growing market activity, leaving traders to wonder if XRP is on the verge of a significant price shift. The latest whale activity and other important indicators suggest that XRP could be at a turning point.
Memecoins are gateways for traders to experience the rest of crypto, says an executive Most of the memes were discounted amidst the overall market drawdown ahead of the Fed decision. Memecoins have rallied harder than most crypto categories during the 2024 market cycle. In fact, memes were the best-performing category in Q1. However, the memecoins have equally attracted the market participants’ love and hate. The recent fray of select celebrities into memecoins saw Ethereum [ETH] founder Vitalik Buterin register his ‘unhappiness’ with the...
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