The Coinbase Premium, a key indicator of U.S. demand for bitcoin, turned negative this week for the first time since early April, signaling reduced buying interest from American investors. On April 24, bitcoin holders realized nearly $6 billion in losses as the price neared $78,000, suggesting that investors who bought at higher prices used the price rebound to sell rather than buy more. This shift coincides with bitcoin's price slipping below $76,000 and indicates that U.S. institutional buying pressure is fading. Analysts will watch if realized losses continue to decline, which could signal that the selling pressure from underwater investors is easing.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
