Bitcoin's short-term holder cost basis has fallen below the adjusted long-term holder level, signaling the potential final phase of its bear market. This crossover, seen in previous cycles, suggests that while the bear market may be ending, a confirmed bull market has not yet begun. The short-term holder cost basis dropped from $112,500 to $69,000, reflecting buying at lower prices. Investors are advised to consider dollar-cost averaging as the market transitions, awaiting further confirmation of a bull market.
Roku President Charles Collier sold 20,538 shares of the company, raising $3 million from the transaction. This insider sale could indicate personal financial planning or a shift in confidence, but no further details were provided. Investors may watc...
Mantle (MNT) has risen about 2.95% in 24 hours, continuing a five-day uptrend with a 7.71% gain since early August. On-chain data shows increasing Mean Coin Age, indicating accumulation by long-term holders, while short-term holders show slight profi...
Western Digital, now focused solely on HDD storage after spinning off Sandisk, has seen rapid growth driven by cloud revenue, which makes up 89% of its sales. Despite impressive recent financial results including 44% revenue growth and 109% EPS growt...
BitMine's stock rose 2.8% on August 7, driven by investor interest in its $11 billion Ethereum holdings and transition from Bitcoin mining to Ethereum staking. The company holds nearly 5.8 million ETH, with about 85% staked to generate yield through ...
Ripple has secured full MiCA authorization, enabling it to expand its regulated crypto payments and stablecoin services across all 30 European Economic Area countries. This regulatory milestone shifts Ripple's focus from gaining approvals to scaling ...
