Bitcoin's price has hovered near $80,000 with no clear direction as long-term holders (OGs) increase selling, signaling potential profit-taking. Data shows a spike in Bitcoin moved by holders with assets over five years, indicating some weakening conviction. Meanwhile, long-term holders (holding 155+ days) have reduced selling recently, and the spot market shows strong accumulation, suggesting sustained buying interest. This mixed activity highlights cautious sentiment but ongoing demand that could support Bitcoin's price going forward.
ZEROBASE has stopped its DAT and perpetual-contract projects and reduced staff as it shifts strategy to cut costs due to weaker altcoin liquidity. CEO Mirror Tang said the company is now focusing spending only on essential areas, reducing R&D investm...
Bitcoin's price recovered to about $82,800 after a sharp sell-off that triggered over $1 billion in liquidations. The cryptocurrency faces strong resistance between $84,170 and $84,400, key levels it must surpass to attempt a move toward $87,000. Sup...
In early October, long-term U.S. Treasury yields stayed elevated above 5%, with the 10-year yield around 5.3% and the 30-year yield near 5.65%. Bond-market volatility, measured by the ICE BofA MOVE Index, was high at about 113.6 points, indicating in...
Bitcoin fell more than 4% in the week ending Oct. 10 after rising sharply in prior weeks, driven by increased transfers from short-term holders to exchanges, signaling potential selling pressure. Despite these moves, long-term holders remain mostly i...
Bitcoin dropped over 4% after a rally, raising concerns about a sell-off. Data from CryptoQuant shows some short-term holders are taking profits, but many are selling at a loss, which could signal early capitulation. However, Santiment's report contr...
