ReportWire

Tag: btcusdt

  • Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap

    [ad_1]

    Bitcoin is finding near-term relief after a sharp rebound toward the $70,000 level, offering temporary optimism following weeks of sustained pressure. The move has improved short-term momentum and eased immediate downside risk. However, the broader market remains characterized by indecision, as many analysts argue that this advance may represent a relief rally within a larger corrective structure rather than the start of a renewed bull phase.

    Related Reading

    According to analysis from XWIN Research Japan, while price has recovered meaningfully from recent lows, underlying derivatives data suggest caution. Open Interest has fallen significantly from prior cycle highs, reflecting an extensive deleveraging process across futures markets. Importantly, the recent price decline occurred alongside contracting Open Interest, indicating that forced liquidations and derivatives-driven position unwinds were primary drivers of the selloff rather than sustained spot distribution.

    Bitcoin Open Interest All Exchanges | Source: CryptoQuant

    Such resets can be constructive, as they reduce excessive leverage and stabilize funding conditions. Nonetheless, a cleaner derivatives landscape does not automatically translate into fresh structural demand. Without clear evidence of renewed capital inflows or expanding spot participation, the current rebound may remain vulnerable to renewed volatility.

    Muted Exchange Flows Suggest Stabilization, Not Yet Structural Strength

    Recent exchange flow data adds nuance to Bitcoin’s current recovery phase. Binance’s Fund Flow Ratio remains subdued near 0.012, indicating that inflows relative to total BTC reserves on the platform are limited. In practical terms, this suggests that immediate sell-side pressure has not intensified, even during the recent move toward the mid-$60K region. The absence of a spike in this metric implies that investors are not rushing to transfer coins to exchanges in panic, which typically accompanies more aggressive distribution phases.

    Bitcoin Binance Fund Flow Ratio | Source: CryptoQuant
    Bitcoin Binance Fund Flow Ratio | Source: CryptoQuant

    However, low inflows should not automatically be interpreted as accumulation. The medium-term trend in the ratio’s moving averages continues to drift downward, indicating that sustained structural demand has yet to reassert itself. Markets can stabilize without transitioning directly into expansion, particularly when liquidity conditions remain cautious.

    Additional context from derivatives positioning reinforces this ambiguity. With leverage still relatively compressed, upward price movements can disproportionately trigger short liquidations, generating rallies driven more by position unwinds than fresh capital deployment. This type of rebound often improves sentiment temporarily but may lack durability without stronger spot participation.

    Overall, Bitcoin appears to be transitioning from active selling toward stabilization. Confirmation of a genuine bullish reversal will likely require consistent inflows, improving liquidity, and clearer evidence of renewed investor demand.

    Related Reading

    Bitcoin Tests Support After Sharp Correction

    Bitcoin remains under pressure following a pronounced correction from its recent highs, with price currently stabilizing near the $68,000 region. The weekly structure shows a clear loss of upward momentum after rejection around the $110K–$120K zone, followed by a decisive breakdown below the 50-week and 100-week moving averages. This shift typically signals weakening intermediate trend strength rather than simple short-term volatility.

    BTC holding key demand level | Source: BTCUSDT chart on TradingView
    BTC holding key demand level | Source: BTCUSDT chart on TradingView

    Price is now hovering close to the 200-week moving average, historically a critical structural support during transitional market phases. Holding this level could help stabilize sentiment and potentially define a medium-term floor. However, a sustained breakdown below it would likely increase downside risk, as it would confirm deterioration in long-term trend structure.

    Related Reading

    Volume dynamics also warrant attention. The recent selloff occurred with elevated activity compared with preceding consolidation phases, suggesting that distribution — not merely thin liquidity — contributed to the decline. That said, volume has started to moderate as price consolidates, indicating reduced urgency among sellers.

    Bitcoin appears to be transitioning into a defensive consolidation phase. Recovery above the shorter moving averages would be required to restore bullish momentum, while failure to hold current support could extend the corrective cycle further.

    Featured image from ChatGPT, chart from TradingView.com 

    [ad_2]

    Sebastian Villafuerte

    Source link

  • Bitcoin Market Resets With 28% Deleveraging — What Next?

    [ad_1]

    Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies.

    Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it.

    Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. “This emphasizes the intricacies of blockchain technology and the cryptocurrency market,” he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger.

    When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi’s Spotify Daily Mix.

    Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books – ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K.
    Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that.

    Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi’s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings.

    Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time – he believes that “whatever is worth doing at all is worth doing well.” Hence, you will always find him striving to be better.

    Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon – cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment – spreading the crypto gospel to the rest of the world.

    [ad_2]

    Opeyemi Sule

    Source link

  • Bitcoin Liquidity Battles Heat Up As Demand Shows First Positive Print

    [ad_1]

    Bitcoin remains range-bound as liquidity clears on both sides, keeping price action indecisive. After months of weakness, demand has finally turned positive, hinting that selling is easing and structural accumulation may be returning.

    BTC Stays Range-Bound Amid Active Liquidity Clearing

    Bitcoin remains locked in a range-bound state, characterized by a lack of directional commitment. Currently, the price is actively engaged in clearing liquidity on both sides of the spread. This creates a market environment where expansion is met with selling pressure, while price dips are swiftly absorbed by buyers, trapping the asset in a tug-of-war.

    Related Reading

    According to Columbus, market liquidity remains exceptionally well-defined both above and below the current price levels. This structure reinforces the ongoing choppy environment, as the market seems content to bounce between established pockets of orders. In such a scenario, the data suggests that patience is the most valuable asset for traders.

    Source: Chart from Columbus on X

    From this juncture, the market’s trajectory depends on how it reacts after the nearby liquidity is purged. If Bitcoin begins to find acceptance above the current range following a liquidity sweep, the probability shifts toward a bullish expansion, triggering a move into higher upside pockets.

    Conversely, if the attempt to gain acceptance fails after a sweep, the market remains vulnerable to further downside. This could result in additional sweeping of lower liquidity levels before any sustained recovery can materialize. Until then, the prevailing goal remains a technical clean-up of liquidity before the next major trend is established.

    Bitcoin Demand Turns Positive After Months Of Weakness

    CryptosRus recently highlighted that after nearly three months of persistent weakness, Bitcoin’s apparent demand has finally turned back above zero, currently sitting around +1,200 BTC. This marks a notable shift in investors’ sentiment and action in a market struggling with heightened volatility. 

    Related Reading

    Back in December, demand had bottomed near -154,000 BTC, a quantity that helps explain the sluggish price action that persisted in the following weeks. Since then, the pressure has been quietly easing. Selling activity is slowing, and structural accumulation is beginning to re-emerge, signaling a potential shift in market dynamics.

    It’s important to understand what this metric represents, which is whether long-term holders are absorbing new supply. When demand is deeply negative, the market tends to struggle. Conversely, when the metric turns positive, it suggests that buying activity is rebuilding, creating conditions for a healthier market structure.

    That said, the market is not out of the woods yet. A single positive print does not confirm a trend reversal. However, if this recovery in demand persists, it is often one of the earliest indicators that the market is transitioning from a distribution phase back toward accumulation, setting the stage for potential sustained strength in the weeks ahead.

    Bitcoin
    BTC trading at $68,212 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

    [ad_2]

    Godspower Owie

    Source link

  • The Great Bitcoin Handover: $8.2 Billion BTC Swamps Binance As Retail Momentum Fades

    [ad_1]

    Bitcoin is struggling to reclaim the $69,000 level as persistent selling pressure continues to dominate the short-term market structure. After multiple failed attempts to establish acceptance above this key psychological threshold, price action reflects a defensive environment marked by reduced risk appetite and elevated volatility. Traders remain cautious, with liquidity conditions tightening and momentum favoring sellers rather than sustained accumulation.

    Related Reading

    New on-chain data shared by analyst Maartunn adds another layer to the current landscape. According to his insights, Bitcoin whales are firmly dominating the market structure at this stage of the cycle. Over the past 30 days alone, approximately $8.24 billion worth of whale-held BTC has flowed into Binance, marking the highest level of large-holder inflows to the exchange in the last 14 months. Such a concentration of activity suggests that major participants are actively repositioning.

    The data also underscores Binance’s continued role as the primary liquidity venue for large-scale transactions. When whale flows accelerate toward exchanges at this magnitude, it often signals heightened strategic activity — whether for distribution, hedging, or tactical allocation. As Bitcoin consolidates below resistance, the behavior of these dominant market participants may play a decisive role in shaping the next directional move.

    Whale Dominance Intensifies As Retail Momentum Cools

    Maartunn further detailed the 30-day flow breakdown, offering a clearer view of how market participation is evolving. Over the past month, whale inflows to Binance have reached $8.24 billion and continue to trend higher. In comparison, retail inflows total approximately $11.91 billion but have begun to flatten. As a result, the retail-to-whale ratio currently stands at 1.45 and is steadily compressing.

    Binance Whale to Exchange Flow | Source: CryptoQuant

    Although retail participation remains visible, its momentum is cooling. The pace of smaller deposits has slowed, suggesting declining conviction or reduced speculative activity among short-term traders. In contrast, whale deposits have increased consistently over the same period, indicating that larger entities are either actively positioning or reallocating capital with greater urgency.

    This dynamic is narrowing the gap between large and small participants on the exchange. When whale flows accelerate while retail flows plateau, market structure tends to become more top-heavy, with price increasingly influenced by institutional-scale actors rather than fragmented retail activity.

    The key takeaway is clear: large players are becoming more dominant on Binance, while smaller participants are gradually losing relative influence. In the current environment, Bitcoin’s next directional move may depend more heavily on whale strategy than retail sentiment.

    Related Reading

    Bitcoin Tests Critical Support As Downtrend Accelerates

    Bitcoin’s 3-day chart reflects a decisive loss of momentum following the rejection near the $120,000 region in late 2025. Since that peak, price structure has transitioned into a clear corrective phase characterized by lower highs and accelerating downside pressure. The most recent leg lower shows a sharp breakdown from the $90,000–$95,000 consolidation zone, with BTC now hovering around the $68,000 area.

    BTC testing critical demand | Source: BTCUSDT chart on TradingView
    BTC testing critical demand | Source: BTCUSDT chart on TradingView

    Technically, Bitcoin is trading below the shorter-term moving average, which has rolled over and is sloping downward, reinforcing near-term bearish momentum. The intermediate moving average is flattening and beginning to turn lower, signaling weakening trend strength. Meanwhile, the long-term average remains upward sloping but sits well below current price levels, suggesting that while the macro structure has not fully collapsed, the market is in a transitional phase.

    Related Reading

    Volume expanded noticeably during the recent selloff, indicating active distribution rather than a passive drift lower. However, the latest candles show some stabilization near the $65,000–$70,000 support region, an area that previously acted as a breakout zone earlier in the cycle.

    A sustained reclaim of the $75,000–$80,000 range would be required to restore bullish structure. Failure to hold current levels could expose deeper retracement toward long-term trend support.

    Featured image from ChatGPT, chart from TradingView.com 

    [ad_2]

    Sebastian Villafuerte

    Source link

  • Bitcoin Consolidating In A Triangle—Is A 15% Move Next?

    [ad_1]

    A cryptocurrency analyst has highlighted how Bitcoin has been trading inside a Triangle that could set up a 15% move for the asset.

    Bitcoin Is Potentially Consolidating Inside A Symmetrical Triangle

    In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern that Bitcoin has been trading inside recently. The pattern in question is a “Triangle,” which is a type of consolidation channel that, as its name suggests, has a triangular shape.

    The pattern is characterized by two converging trendlines. The lower of these is considered likely to be a point of support for the price, while the upper one that of resistance. A break out of either of these bounds can imply a continuation of trend in that direction.

    Triangles can be of a few different types based on the orientation of the trendlines with respect to each other and the graph axes. In an Ascending Triangle, the upper level is parallel to the time-axis. Similarly, the lower level being parallel creates a Descending Triangle.

    When both trendlines approach each other at a roughly equal and opposite slope, the pattern formed is known as a “Symmetrical Triangle.” The Triangle shared by Martinez that Bitcoin has been trading inside is the closest to this type.

    Below is a chart that shows the trajectory in cryptocurrency’s hourly price inside the pattern at the time of the post.

    As is visible in the graph, the 1-hour Bitcoin price found a bounce from the lower level of the triangular channel shortly before the post. Since then, however, BTC has seen some decline, which has taken it below the support line. This could be a potential indication that a breakout is occurring.

    In the post, Martinez had noted that the Triangle could set up a potential 15% move for the asset. This figure is based on the fact that Triangle breakouts are generally assumed to end up being of the same length as the height of the channel at the point where the trendlines are the furthest apart.

    If the latest price drop indeed reflects a break out of the pattern for Bitcoin, then this 15% move could possibly follow to the downside. Symmetrical Triangles tend to have an equal probability of a breakout occurring in either direction, since there is roughly an equal bias both up and down. This time, however, it would appear that the bearish direction might be the one in store for BTC.

    BTC Price

    Bitcoin has dropped to the $66,300 mark following its drop over the past day.

    Bitcoin Price Chart

    [ad_2]

    Keshav Verma

    Source link

  • Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

    [ad_1]

    The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation.

    Ultimately, current price action reflects a tug of war between long-term conviction holders and short-term speculative flows. Nonetheless, on-chain data suggests that the premier cryptocurrency is likely to embark on more trips to the downside.

    CVDD: Bitcoin’s Compass to Cycle Lows Since 2012

    In a recent post on the X platform, market analyst Ali Martinez revealed that the Cumulative Value – Days Destroyed (CVDD) has identified Bitcoin’s bottom since 2012. According to the crypto pundit, the metric is one of the most respected long-term on-chain indicators for identifying structural lows, and its current value is $45,225.

    Related Reading

    Launched by Satoshi Nakamoto in 2009, CVDD is a long-term Bitcoin valuation metric designed to identify major market bottoms by analyzing the behaviour of long-term holders. To understand CVDD,  one needs to recognize the Coin Days Destroyed (CDD). 

    CDD is every Bitcoin accumulated that remains unmoved in a wallet. Now, CVDD tracks the cumulative historical value of destroyed coin days and adjusts it into a valuation model to produce a price level that historically aligns with the major Bitcoin cycle bottom.

    Since 2012, CVDD has consistently marked major Bitcoin price bottoms with remarkable accuracy. The model essentially measures when older, long–held coins are spent. Because long-term holders tend to distribute near cycle tops and accumulate during deep bear phases.

    Is Bitcoin Sitting On A Hidden Safety Net?

    Over time, CVDD has acted as a floor beneath price during severe drawdowns. In past cycles, including the 2015 bear market bottom, the 2018 capitulation, and the 2022 sell-off, the Bitcoin price often approached or briefly fell below the CVDD line before staging long-term recoveries. 

    Source: @ali_charts on X

    Currently, CVDD sits at $45,225, a level that represents what many would consider a deep value zone within the current market structure. It does not necessarily imply that price must fall to this level, but rather that it serves as a historically significant structural support if broader market conditions further deteriorate. 

    When BTC trades comfortably above CVDD,  it typically signals that the market remains in a healthier macro position. Meanwhile, when the Bitcoin price compresses towards it, sentiment often becomes pessimistic, and long-term accumulation tends to intensify.

    As Bitcoin consolidates within its current range, it might be helpful to monitor whether the price maintains sufficient distance above the $45,225 CVDD level. A decisive move toward it could signal deeper corrective pressure, while sustained strength above it reinforces the argument that the broader cycle remains structurally intact.

    As of this writing,  BTC is valued at around $70,000, reflecting a modest price increase of nearly 2% in the past day.

    Related Reading

    Bitcoin Price
    The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

     

    Featured image from iStock, chart from TradingView

    [ad_2]

    Opeyemi Sule

    Source link

  • How Much Would You Have If You Put $500 In Bitcoin In 2014 Vs. XRP?

    [ad_1]

    XRP and Bitcoin (BTC) were pitted against each other in a recent analysis, with market expert X Finance Bull revealing what early investors could have gained if they had invested $500 into both XRP and BTC in 2014. The analysis compares the performance of both cryptocurrencies over the years, highlighting the factors behind XRP’s growth and sustained momentum.

    What $500 In Bitcoin And XRP in 2014 Is Worth Today

    A new analysis by X Finance Bull reveals the dramatic growth potential of early investments in Bitcoin and XRP. According to the report, a $500 investment in XRP at the 2014 lows would be worth approximately $255,000 today. He compares XRP’s gains with those of Bitcoin, noting that if investors had bet the same amount in BTC in 2014, their investments would have grown to around $133,000. 

    Related Reading

    These figures suggest that XRP outperformed Bitcoin by more than twice over the same period, delivering a 511-fold return, compared to BTC’s 266-fold gain. During that time, XRP’s performance benefited not only from early, steady adoption and speculative interest but also from the continued development of its underlying payment system. 

    Over the years, XRP has moved beyond a purely speculative asset, gaining more traction as it evolves into a potential global settlement layer. Sharing similar sentiments, X Finance Bull highlighted how XRP’s infrastructure developments have significantly supported its significant price growth today. He noted that the cryptocurrency has seen major progress in areas such as Exchange-Traded Funds (ETFs), banking licenses, and enterprise-level adoption. 

    Notably, XRP Spot ETFs officially launched in November 2025, attracting massive inflows that have significantly boosted demand for XRP among institutional investors. In addition, the Office of the Comptroller of the Currency (OCC) has conditionally approved Ripple’s application to establish a national trust bank charter. All of these developments have contributed to XRP’s price growth over the past few months. 

    In his post, X Finance Bull suggested that investors who held onto their XRP positions through the volatile years “know why they held.” Following the cryptocurrency’s dramatic rally above $3, many investors reaped the rewards of staying invested from its lows and trusting in its potential for future price appreciation. 

    Related Reading

    From 2018 to 2025, XRP struggled with a lawsuit filed by the US Securities and Exchange Commission (SEC). During those years of legal turmoil, many investors continued to hold onto their XRP despite the uncertainty and price stagnancy. 

    Following Ripple’s legal win, XRP surpassed $3 in 2025, marking its first break above that level since 2018. Compared to XRP, Bitcoin has also experienced significant growth in the past few years. After crossing the $100,000 threshold in 2024, BTC continued its surge into 2025, finally hitting a peak above $126,000 in October.

    BTC trading at $66,670 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Shutterstock, chart from Tradingview.com

    [ad_2]

    Scott Matherson

    Source link

  • Bitcoin Sharpe Ratio Sinks To Historical Lows — Accumulation Next?

    [ad_1]

    Since reaching its current all-time-high price of $126,000 in October last year, the Bitcoin market has been on a sell-off, translating into surmounting bear pressure. As a result, the flagship cryptocurrency has maintained a steady decline, falling until it recently reached $60,000 — a deviation of more than 52% from its all-time high. 

    Bitcoin currently seems to be seeing a rebound, but price action alone reflects that it could as well be one of its short-term recoveries. Interestingly, a recent on-chain evaluation suggests that the current upward movement may be driven by a significant underlying metric.

    What The Bitcoin Sharpe Ratio Is Saying

    In a Quicktake post on CryptoQuant, Darkfost reveals that the Bitcoin Sharpe Ratio is now at a zone historically relevant to the ends of bear markets.

    The Sharpe Ratio is a risk-adjusted performance metric that measures how much return an asset (Bitcoin, in this case) generates for risk taken. A high ratio signals that returns are strong in relation to risks taken; a declining ratio, on the other hand, reflects weakening returns, while risk remains elevated.  On the severe end of the metric, a very low or negative Sharpe Ratio is a sign that market participants are taking very high risks for poor or negative returns. It is worth noting that very low Sharpe ratios are frequently seen during deep bear markets or even capitulation phases.

    According to historical data, Darkfost explains that the Sharpe Ratio is currently at a level so low as to be reminiscent of the final phases of past bear markets. This means that the Bitcoin price holds a higher practical risk, compared to returns, for current investors.  Notably, the Sharpe ratio is not just at a low point, but continues in a steady state of decline. This, according to the market quant, is a sign that Bitcoin’s performance is yet to be attractive to any willing risk-taker. 

    However, it is this specific dynamic that sets the pace for a turnaround in Bitcoin’s price. This is because sustained poor returns typically force capitulation events, where weaker hands are flushed out; this eventually sets the stage for renewed accumulation among stronger hands.

    Two Main Approaches To Consider In This Scenario: Analyst

    Seeing as the current market condition is still mostly uncertain, Darkfost offers two ways to engage the current scenario. First, the analyst states that investors could begin increasing exposure gradually, and in line with the ratio’s movement towards lower risk zones.

    Second, Darkfost explains that a market participant could decide to wait for clear improvements in the Sharpe Ratio before entering the market at all. This is to serve as a confirmation strategy for the purpose of investor safety.

    However, Darkfost notes that the present bear phase could last a couple more months before any true reversal is seen, regardless of the signal being flashed by the Sharpe Ratio. As of this writing, Bitcoin stands at a $69,064 valuation. CoinMarketCap data reflects a 1.71% loss over the past day.

    Bitcoin

    [ad_2]

    Semilore Faleti

    Source link

  • Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon?

    [ad_1]

    The price of Bitcoin experienced one of the most bearish periods in its history over the past week, losing one crucial technical level after the other. According to data, the cryptocurrency market has seen $1 trillion worth of capital flow out since mid-January.

    With no doubt about the emergence of the bear season, investors are now approaching the market with greater skepticism and caution. One of the on-chain metrics highlighting this shift in behavior is the Bitcoin taker buy ratio, which has fallen to new lows.

    BTC Taker Buy Ratio Drops To 0.48

    In a new Quicktake post on the CryptoQuant platform, market analyst CryptoOnchain shared a fresh on-chain angle to the ongoing selling pressure in the Bitcoin market. This observation is based on the declining Taker Buy Ratio on Binance, the world’s largest centralized exchange by trading volume.

    The Bitcoin Taker Buy Ratio is a sentiment indicator that estimates the proportion of trading volume owned by buyers against that of the sellers. Typically, values below 1 signal that taker sell volumes (aggressive selling) are outpacing taker buy volumes, which implies that sellers are overwhelming the buyers in the market.

    Highlighting data from CryptoQuant, CryptoOnchain revealed that the Bitcoin Taker Buy Ratio (14-day Moving Average) on Binance has dropped to 0.48, marking its lowest level since October 2025. Such a negative market sentiment on the world’s largest exchange spotlights a worrying trend in the general derivatives market.

    CryptoOnchain said: 

    A drop to such a significant low suggests that sellers are overwhelmingly dominating the order book, aggressively hitting bids without sufficient buying resistance.

    As the crypto pundit also pointed out, this drop in the Bitcoin Taker Buy Ratio coincided with the recent price correction, which saw the premier cryptocurrency fall to around $61,000. CryptoOnchain noted that this metric needs to stabilize and begin to rise again if the BTC price is to see any relief.

    The Quicktake post concluded:

    For a potential reversal or a local bottom, we need to see this metric stabilize and begin to trend upwards, indicating that aggressive selling is exhausted and buyers are stepping back in. Until then, caution is advised as the momentum remains heavily in favor of the bears.

    Bitcoin Price At A Glance

    After one of the largest “red” days in the crypto market, the price of BTC appears to be recovering nicely, having returned above the $70,000 on Friday. As of this writing, the flagship cryptocurrency is valued at around $70,263, reflecting an over 11% price jump in the past 24 hours.

     

    [ad_2]

    Opeyemi Sule

    Source link

  • Top Analyst Says ‘Paper Bitcoin’ Is Driving The Market, Not The 21 Million Supply Cap

    [ad_1]

    A new theory circulating in the crypto market is challenging how investors interpret Bitcoin’s recent price decline. In a post shared on X (formerly Twitter), market analyst Crypto Rover argued that Bitcoin is no longer trading as a simple supply-and-demand asset, and that this structural shift is a major reason behind the current sell-off.

    A ‘Parallel Financial Layer’

    Rover’s central claim is that although Bitcoin’s on-chain supply cap of 21 million coins has not changed, the way Bitcoin is traded in modern financial markets has effectively diluted its scarcity. 

    According to him, focusing only on spot buying and selling misses what is really driving price action today. BTC, he says, no longer moves primarily based on physical ownership of coins, but on activity in massive derivatives markets that now dominate price discovery.

    Related Reading

    As the analyst highlighted, in Bitcoin’s early years, its valuation rested on two fundamental principles: a strictly fixed supply of 21 million coins and the impossibility of duplicating that supply. 

    These features made Bitcoin uniquely scarce, with prices largely determined by real buyers and sellers exchanging coins in the spot market. However, over time, Rover asserts that a “parallel financial layer” developed on top of the blockchain itself.

    This financial layer includes cash‑settled futures, perpetual swaps, options contracts, prime brokerage lending, wrapped Bitcoin products such as WBTC, and total return swaps. 

    None of these instruments create new Bitcoin on the blockchain, but they do create synthetic exposure to Bitcoin’s price. According to Rover, this synthetic exposure now plays a central role in determining how Bitcoin trades.

    As derivatives trading volumes grew and eventually surpassed spot market activity, Rover argues that Bitcoin’s price stopped responding mainly to on‑chain coin movement. 

    Instead, prices increasingly reflect leverage, trader positioning, margin stress, and liquidation dynamics. In practical terms, this means Bitcoin can move sharply even when there is little actual buying or selling of real coins.

    Why Bitcoin Moves Without Spot Selling

    Rover also highlights the concept of synthetic supply, explaining that a single Bitcoin can now be used simultaneously across multiple financial products. 

    One coin may back an exchange-traded fund (ETF) share while also supporting a futures contract, a perpetual swap hedge, options exposure, a broker loan, or a structured investment product. 

    While this does not increase Bitcoin’s actual supply, it dramatically increases the amount of tradable exposure linked to that same coin. When this synthetic exposure grows large compared with the real supply of Bitcoin, the market’s perception of scarcity weakens. 

    This phenomenon, often described as synthetic float expansion, changes how prices behave. Rallies are more easily shorted using derivatives, leverage builds rapidly, liquidations become more frequent, and volatility increases. 

    According to Rover, this structural shift makes price movements feel disconnected from on‑chain fundamentals. Yet, the analyst notes that the leading cryptocurrency is not unique in this regard. 

    Similar transitions occurred in markets such as gold, silver, oil, and major equity indices. In each case, once derivatives markets overtook physical trading, price discovery moved away from supply alone and became increasingly influenced by financial positioning.

    This framework also helps explain why Bitcoin sometimes declines even in the absence of heavy spot selling. Price pressure can come from forced liquidations of leveraged long positions, aggressive futures shorting, options hedging activity, or ETF arbitrage trades. 

    Importantly, Rover emphasizes that Bitcoin’s hard cap has not changed at the protocol level. The 21 million limit remains intact on the blockchain. 

    What has changed, he argues, is the financial structure surrounding Bitcoin. He concluded his analysis by asserting that in today’s markets, “paper Bitcoin” has become more influential than physical ownership, and that dominance is playing a key role in the market’s recent instability.

    The 1-D chart shows BTC’s recovery above $70,000 on Friday. Source: BTCUSDT on TradingView.com

    Featured image from DALL-E, chart from TradingView.com 

    [ad_2]

    Ronaldo Marquez

    Source link

  • Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

    [ad_1]

    Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.

    Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

    In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

    In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

    Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

    Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

    Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

    Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

    Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

    He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

    In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

    His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

    Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

    [ad_2]

    Semilore Faleti

    Source link

  • Why Gold & Silver’s All-Time Highs Are Very Bullish For Bitcoin And Altcoins

    [ad_1]

    Gold and silver have recently dominated headlines, outperforming both Bitcoin and altcoins in the broader crypto market. While both precious metals recorded new all-time highs in 2026, many altcoins failed to reach similar milestones. Bitcoin, by contrast, did achieve an ATH in 2025; however, following that peak, its price retraced sharply to new lows. With this in mind, analysts argue that the strength of gold and silver does not pose a threat to digital assets. Instead, they interpret the divergence as a major bullish signal for Bitcoin and altcoins. 

    Gold And Silver ATH Signals Bitcoin And Altcoins Upside

    Crypto market expert Mark Chadwick delivered a detailed analysis of precious metals and cryptocurrencies on X this week, pointing to what he calls “the biggest price divergence” ever recorded between gold and Bitcoin. His chart and analysis suggest that a strong performance in gold could be a major indicator for a potential rally in cryptocurrencies. 

    Related Reading

    Chadwick noted that gold has surged aggressively, reaching an ATH of over $5,600 in January 2026. This price rally has pushed the metal into extreme overbought levels on higher timeframes. In contrast, Bitcoin is facing prolonged weakness and negative sentiment in 2026, despite reaching an all-time high above $126,000 in October 2025. 

    Source: X

    The analyst suggested that this performance imbalance has reached levels that typically signal a major market shift. Gold and silver have been boosted by factors such as central bank accumulation, inflation hedging, and geopolitical pressures. At the same time, Bitcoin has been weighed down by tighter liquidity, reduced investor interest, and risk-off conditions. As a result,  traditional safe-haven assets have entered overbought territory, leaving BTC and altcoins largely overlooked. 

    Chadwick argues that markets move in cycles driven by sentiment and positioning. When one asset becomes excessively overbought, returns diminish, and capital seeks higher upside elsewhere. In past macro cycles, periods of strong performance in gold and silver have often been followed by capital rotating into higher-risk assets once fear subsides. 

    Based on his analysis, Bitcoin’s current positioning reflects exhaustion rather than structural weakness. Chadwick believes that when manipulation ends and capital starts flowing out of gold and silver into BTC, it could set the stage for a sharp rebound in the leading cryptocurrency. Since altcoins typically follow Bitcoin’s performance, the analyst expects that once Bitcoin regains momentum, some of that profit could also rotate into select altcoins, fueling a price rally. 

    Related Reading

    How High Bitcoin And Altcoins Could Rally 

    Chadwick has stated that Bitcoin’s price could easily surge 10x as capital flows back into it and market sentiment and liquidity improve. However, the chart outlines a short-term rally, projecting a 91.60% rise to $170,000 from the $82,000 region. The analyst also predicted that altcoins could rise 50-100x, reflecting a staggering potential for gains in the crypto market. 

    He concluded his analysis by emphasizing that smart money knows massive returns often come from diversification. From this perspective, the current ATHs of gold and silver do not undermine cryptocurrencies but signal an upcoming shift in capital. 

    Bitcoin price chart from Tradingview.com
    BTC falls to $82,000 | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

    [ad_2]

    Sandra White

    Source link

  • Bitcoin Supply Overhang Likely To Cap Rallies Above $98,400, Glassnode Says

    [ad_1]

    On-chain analytics firm Glassnode has pointed out in a new report how Bitcoin is facing supply overhang beyond the $98,000 region.

    Bitcoin Could Find Resistance Beyond $98,000

    In its latest weekly report, Glassnode has discussed about how the recent Bitcoin rally stalled near the Realized Price of the short-term holders (STHs). The “Realized Price” is an on-chain metric that tracks the cost basis of the average investor or address on the BTC network.

    The STH Realized specifically measures the average acquisition level of traders who purchased within the past 155 days. As the below chart shows, this indicator is located at $98,400 right now.

    This level is around where the recent recovery run hit an obstacle, potentially due to selling from underwater recent buyers who used the rally to exit near their break-even mark.

    Glassnode explained:

    The recent rejection near the Short-Term Holder cost basis at ~$98.4k mirrors the market structure observed in Q1 2022, where repeated failures to reclaim recent buyers’ cost basis prolonged consolidation.

    The STH Realized Price provides a look at the average break-even level of a broad section of the market. For a more granular look, another indicator called the UTXO Realized Price Distribution (URPD) exists.

    Bitcoin URPD

    From the chart of the Bitcoin URPD, it’s visible that a notable amount of the STH supply has a cost basis between the current level and $98,000 (colored in blue). This supply represents the tokens that were redistributed by top buyers into newer market participants during the price rally.

    Not all top buyers sold, however, as it’s apparent in the graph that at levels around and above $100,000, the long-term holder (LTH) supply is becoming a notable force (shaded in red).

    Coins count under the LTH cohort once they mature past the 155-day age bracket. The fact that LTH supply is building up at these levels suggests some bull market entrants are willing to hold.

    The analytics firm noted:

    This unresolved supply overhang remains a persistent source of sell pressure, likely to cap attempts above the $98.4k STH cost basis and the $100k level. A clean breakout would therefore require a meaningful and sustained acceleration in demand momentum.

    It now remains to be seen how Bitcoin’s upcoming price action would look, particularly in the context that major supply clusters are still sitting underwater.

    BTC Price

    Bitcoin has been following a downward trajectory since its rejection from the STH Realized Price as its value is now trading around $89,100.

    Bitcoin Price Chart

    [ad_2]

    Keshav Verma

    Source link

  • Coinbase Exec Points Out The Big Difference Between Bitcoin And Central Banks

    [ad_1]

    Bitcoin’s role in the global financial system remains widely misunderstood, even at the highest levels of policy and finance. That disconnect surfaced during a major international forum, prompting a pointed clarification from a Coinbase executive. The moment centered on a fundamental question with growing relevance: what truly separates Bitcoin from central banks?

    Bitcoin’s Structural Design Sets It Apart – Coinbase Executive

    During the World Economic Forum in Davos, where global policymakers and financial leaders were debating the future of money and tokenization, Brian Armstrong, CEO of Coinbase, responded to remarks made by François Villeroy de Galhau, Governor of the Banque de France, who argued that central banks deserve greater trust than Bitcoin because they operate under democratic mandates and institutional oversight.

    Related Reading

    Armstrong’s response focused on how Bitcoin is designed. Bitcoin operates as a decentralized protocol with no issuing authority, no governing committee, and no single entity capable of altering its monetary rules. Its supply is fixed, its issuance is algorithmic, and its operation depends on a distributed network of participants rather than institutional oversight. This design makes Bitcoin structurally independent in a way no central bank can replicate.

    By contrast, central banks sit at the top of national monetary systems. They control currency issuance, influence interest rates, and adjust monetary policy in response to political and economic pressures. Even when described as “independent,” they remain tightly connected to governments and fiscal policy. Armstrong highlighted that this link introduces discretion, policy shifts, and long-term currency debasement through money creation—a vulnerability Bitcoin was explicitly built to avoid.

    This distinction becomes especially relevant during periods of aggressive deficit spending. Because Bitcoin’s supply cannot be expanded, it functions as a constraint rather than a tool. In Armstrong’s view, this makes Bitcoin a direct counterweight to systems where new money can be introduced at will, gradually reducing purchasing power over time. That structural constraint is the foundation of Bitcoin’s appeal as a hedge during periods of uncertainty.

    Trust, Accountability, And Individual Choice

    The exchange also exposed a deeper disagreement about how trust is formed. Villeroy de Galhau emphasized trust in central banks as institutions backed by legal authority and democratic systems. Armstrong countered by reframing trust as something derived from transparency and verifiability rather than institutional reputation. 

    Related Reading

    Armstrong further positioned Bitcoin as an accountability mechanism. Because its supply cannot be adjusted to accommodate government spending, it imposes discipline by design. In this sense, Bitcoin functions less as a policy tool and more as a constraint—similar to how gold historically limited monetary excess. This characteristic has driven its growing perception as a store of value during times of economic uncertainty.

    Importantly, Armstrong did not frame the relationship between Bitcoin and fiat currencies as a zero-sum battle. Instead, he described it as a healthy competition that leaves the ultimate decision with individuals. Users can choose between systems: one based on institutional control and policy flexibility, and another based on fixed rules and decentralization.

    BTC struggles to hold $90,000 | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

    [ad_2]

    Sandra White

    Source link

  • $790 Million In Crypto Longs Decimated As Bitcoin Plunges To $93,000

    [ad_1]

    Bitcoin and the altcoins have plummeted during the past day, leading to the liquidation of a large amount of crypto longs in derivatives markets.

    Crypto Sector Has Seen A Notable Amount Of Liquidations In The Last Day

    According to data from CoinGlass, the past day’s volatility in the crypto market has been accompanied by a swath of liquidations. The “liquidation” of a contract occurs when it accumulates losses of a certain degree and is forcibly shut down by the exchange. In the digital asset sector, volatility tends to be high, so a large number of liquidations take place on a regular basis. The last 24 hours involved one such volatile event, as the table below depicts.

    In total, the crypto market has faced $874 million in liquidations within this window. Out of these, long contracts have made up for an overwhelming share: $788 million.

    The reason for liquidations being this lopsided naturally lies in the price action that has developed over the last day. Bitcoin saw a sudden drop from $95,500 to a low of $93,000, while Ethereum went from $3,350 to $3,200. In percentage terms, these drops aren’t too big, but the rapid nature of them is what triggered the liquidations.

    The source of the crash could lie in revitalized US-EU tariff tensions. As reported by Reuters, President Donald Trump vowed over the weekend to implement tariffs on eight European nations.

    Starting February 1st, goods from Denmark, Great Britain, Norway, Sweden, France, Germany, the Netherlands, and Finland will face an additional 10% import tariff. If the US isn’t allowed to acquire the Danish territory of Greenland, these tariffs will go up to 25% on June 1st.

    2025 already saw several events where tariff-related uncertainty affected the crypto market, so it’s not surprising to see that the latest news has also been accompanied by volatility. As is usually the case, the latest market volatility has led to Bitcoin-related contracts occupying a disproportionate share of liquidations.

    Bitcoin & Other Cryptos

    As is visible in the above heatmap, Bitcoin has seen liquidations of around $233 million in the past day. Ethereum, the next-ranked coin in this category, has witnessed $156 million in contracts being involved.

    From the altcoins, Solana, XRP, and Dogecoin have ranked the highest with $61 million, $41 million, and $35 million in liquidations, respectively. SOL being ahead of XRP despite being smaller in market cap may be because of its 6% plunge being larger than the latter’s 4% drop.

    Bitcoin Price

    Bitcoin has seen a slight rebound from its low as the cryptocurrency’s price is now back at $93,100.

    Bitcoin Price Chart

    [ad_2]

    Keshav Verma

    Source link

  • Bitcoin And Crypto ETFs Set To Attract $130 Billion-Plus Inflows This Year, JPMorgan Predicts

    [ad_1]

    According to analysts at JPMorgan, crypto-focused exchange-traded funds (ETFs), particularly for Bitcoin (BTC), are expected to see inflows in 2026 that will far exceed those from 2025. 

    Led by Nikolaos Panigirtzoglou, the analysis highlights a significant trend where capital flowing into the crypto market through ETFs reached a record high of $130 billion last year, driven by a growing interest in digital asset treasuries (DATs).

    DAT Companies Lead Crypto Inflows In 2025

    Panigirtzoglou explained that the inflows observed in 2025 were largely attributed to Bitcoin and Ethereum (ETH) ETFs, which the analyst suggests were primarily fueled by retail investors, as well as Bitcoin acquisitions by DAT companies. 

    In contrast, participation from institutional investors and hedge funds, as indicated by the buying activity in Bitcoin and Ethereum Chicago Mercantile Exchange (CME) futures, appeared to have declined compared to 2024. 

    Related Reading

    The analysts noted that over half of the total digital asset inflows in 2025, approximately $68 billion, came from DAT companies. Another $23 billion was attributed to formal strategies, marking a slight increase from $22 billion in Bitcoin buying from the previous year. 

    Notably, other DATs acquired about $45 billion in digital assets, a significant rise from just $8 billion in 2024. However, most of these purchases occurred earlier in the year, and by October, the momentum in crypto buying from DATs had markedly decreased.

    Crypto venture capital funding also contributed to the overall capital flows, though this area remained substantially lower than the peaks experienced in 2021 and 2022. 

    While total crypto venture capital funding saw a modest increase in 2025 compared to 2024, the number of deals declined sharply, and investment activity became increasingly concentrated in later-stage funding rounds. 

    JPMorgan further suggested that this muted growth in venture funding was, in part, due to the increasing allocation of capital toward DATs. Funds that might have otherwise been directed to early-stage startups were increasingly diverted toward treasury strategies that provide immediate liquidity.

    Regulatory Changes Anticipated To Boost Institutional Interest 

    Looking forward, the analysts expect a rebound in institutional crypto flows in 2026, which could be spurred by the anticipated passage of additional regulatory measures, such as the Crypto Market Structure Bill (CLARITY Act) in the US. 

    This anticipated legislation is expected to further entrench institutional adoption of digital assets, along with renewed institutional engagement in areas like venture capital funding, mergers and acquisitions, and initial public offerings (IPOs). 

    However, the expected markup of this bill has been delayed late on Wednesday, as crypto industry leaders, including the cryptocurrency exchange Coinbase (COIN), have withdrawn their support for the legislation. 

    This is attributed to issues related to key provisions, which the firm’s CEO, Brian Armstrong, has described as making this version “materially worse than the current status quo”.

    The daily chart shows BTC’s price inching closer to regaining the key $100,000 milestone. Source: BTCUSDT on TradingView.com

    At the time of writing, the market’s leading cryptocurrency, Bitcoin, was trading at $96,050, having recorded gains of 10% over the previous fourteen days, as broader inflows have already returned to the market since the beginning of the year. 

    Featured image from DALL-E, chart from TradingView.com 

    [ad_2]

    Ronaldo Marquez

    Source link

  • What’s Going On With Bitcoin And The Stock Market? Analyst Breaks It Down

    [ad_1]

    Bitcoin (BTC) and the stock market have experienced sharp price swings and declines since 2025. Because of this volatility, a crypto analyst has warned that the market correction could intensify further in 2026. In a detailed analysis, he outlines a bearish scenario for Bitcoin, suggesting the flagship cryptocurrency could soon face another price crash amid persistent downward pressure in the broader stock market. 

    Analyst Warns Of Major Bitcoin And Stock Market Plunge

    Market analyst Doctor Profit has raised concerns about the direction of the crypto and traditional markets, warning that both Bitcoin and stocks are currently in a severe bear market. In a technical breakdown on X this Monday, the expert highlighted three major bearish setups forming simultaneously in Bitcoin. 

    Related Reading

    He highlighted a massive Bearish Divergence on the weekly and monthly charts, a clear bearish flag signaling a potential drop toward $70,000, and a possible Head and Shoulder pattern that could still play out. While he acknowledged that Bitcoin could still experience short-term price increases and briefly rise toward the $97,000-$107,000 range due to strong liquidity, he said that the ultimate target remains $70,000. 

    Doctor Profit emphasized that Bitcoin’s potential decline to $70,000 could go two ways. It could either break out of the bearish flag to that downside target or complete the Head and Shoulders pattern before reaching $70,000. He stated that he will not add new short positions at current prices but plans to increase them aggressively from $115,000 to $125,000 if Bitcoin moves into the $97,000 to $107,000 range. 

    Source: Chart from Doctor Profit on X

    The analyst painted a similarly grim picture for the stock market. He said he was “ultra-bearish” on both Bitcoin and the financial system. He also noted that the banks are stressed and that forced liquidations in precious metals like Silver are creating ripples across the broader market. 

    Additionally, Doctor Profit noted that insider activity shows clear signs of panic among investors, with record levels of selling since August 2025. Because of this, the analyst believes that the market is heading for a 2008-style crash. Consequently, he has concluded that the current market conditions are too extreme.  

    On the bright side, Doctor Profit said that although he maintains short positions on stocks and Bitcoin, he remains bullish on Gold and Silver. He explained that any upside to the $97,000-$107,000 range will prompt him to increase his short exposure and roll spot profits for BTC from $85,000 into these positions. 

    Crypto Markets Brace For Key US Decisions

    Toward the end of his analysis, Doctor Profit discussed upcoming events that could influence Bitcoin and the broader financial markets this week. He stated that the US CPI inflation forecast of 2.7% will be released this Tuesday. Other than this, the rest of the week is expected to have few market-moving events. 

    Related Reading

    Doctor Profit has also highlighted January 15 as an important date because US lawmakers will vote on the CLARITY Act. He explained that if the bill passes, it will move closer to becoming law, setting clear rules and oversight for the crypto market.

    Bitcoin
    BTC trading at $92,333 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

    [ad_2]

    Scott Matherson

    Source link

  • Bitcoin Price Remains Below 50-Week Moving Average — What This Means

    [ad_1]

    Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies.

    Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it.

    Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. “This emphasizes the intricacies of blockchain technology and the cryptocurrency market,” he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger.

    When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi’s Spotify Daily Mix.

    Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books – ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K.
    Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that.

    Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi’s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings.

    Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time – he believes that “whatever is worth doing at all is worth doing well.” Hence, you will always find him striving to be better.

    Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon – cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment – spreading the crypto gospel to the rest of the world.

    [ad_2]

    Opeyemi Sule

    Source link

  • Bitcoin Maintains Mid-$90k Levels: Possible Price Targets — Analyst

    [ad_1]

    Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.

    Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

    In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

    In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

    Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

    Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

    Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

    Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

    Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

    He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

    In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

    His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

    Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

    [ad_2]

    Semilore Faleti

    Source link

  • Bitcoin Funding Rates Improve, But Signal Still Not Decisive: Glassnode

    [ad_1]

    Analytics firm Glassnode has highlighted how the Bitcoin Funding Rates have increased across the various exchanges, but still not to a high degree.

    Bitcoin Perps Funding Rates Have Surged

    In a new post on X, Glassnode has talked about the latest trend in the Bitcoin Funding Rates for the major perpetual futures markets. The “Funding Rate” is an indicator that measures the amount of periodic fees that traders on the futures market are exchanging between each other on a given derivatives platform.

    When the value of this metric is positive, it means the long holders are paying a premium to the shorts in order to hold onto their position. Such a trend implies a bullish mentality is dominant in the market.

    On the other hand, the indicator being below the zero mark suggests the shorts outweigh the longs and a bearish sentiment is shared by the majority of traders on the exchange.

    Now, here is the chart shared by Glassnode that shows the trend in the 7-day moving average (MA) of the Bitcoin Funding Rate for major exchanges over the last couple of years:

    As displayed in the above graph, the Bitcoin Funding Rate has witnessed an increase across these platforms recently, indicating that investors have been setting up fresh bullish positions.

    The mean Funding Rate for these exchanges dropped to the 0% mark back in November as the cryptocurrency’s price went through a crash. As the asset settled into its consolidation phase, investors gradually set up longs, culminating in the indicator recovering to 0.005%.

    In the last 24 hours, however, the mean Funding Rate has retraced back to 0.003%, implying some investors have closed up their long positions after the latest recovery rally and/or others have set up shorts to bet against the bullish price action.

    In the past, major rallies have tended to occur alongside notable positive Funding Rates on the different exchanges. According to Glassnode, the threshold has generally lied at 0.001%. Since the mean Funding Rate is still below this level, the analytics firm has noted, “current conditions remain supportive but not yet decisive.”

    BTC Broke Above $94,000 Before Retracing Down

    Bitcoin has seen the renewal of bullish momentum recently, with its price recovering as high as $94,700, but the past day has seen a setback for the digital asset as it’s now back at $92,100.

    Bitcoin Price Chart

    Other cryptocurrencies have also been volatile to varying degrees in the past day, which has resulted in liquidations of over $500 million on the derivatives exchanges, as data from CoinGlass shows. Out of these $503 million in liquidations, about $146 million of the positions involved were Bitcoin-related ones.

    Bitcoin Liquidations

    [ad_2]

    Keshav Verma

    Source link