Bitcoin held steady above $64,600, supported by buyers after a recent dip, while other major cryptocurrencies showed mixed performance. The market's attention is also on SpaceX, where $101 billion worth of stock becomes tradable as the first lockup expires, with the company holding significant Bitcoin reserves. Global equity sentiment softened, highlighted by a 4.4% drop in Korea's Kospi amid AI sector weakness, while gold prices rose on reduced expectations for interest rate hikes. Investors are also watching SoftBank's upcoming report as a key indicator of private AI investment trends.
GSR increased Bitcoin's allocation in its Core3 model portfolio to 19.3% on August 5, reducing Ether's share amid slower trading and lower volatility across Bitcoin, Ether, and Solana. Despite Bitcoin receiving the smallest weight, it outperformed Et...
Large XRP holders have been steadily buying during the token's price drop from $2.40 to around $1.00-$1.20, indicating quiet accumulation rather than panic selling or a breakout. Meanwhile, Ether is trading below its realized price of about $2,450, c...
Chainlink (LINK) experienced a significant outflow of 1.26 million tokens from centralized exchanges, the largest since June 29, reducing available supply and easing selling pressure. Institutional adoption is rising, highlighted by DTCC's tokenized ...
Bitcoin long-term holders have significantly increased their holdings, reaching the highest accumulation level in over six years. The LTH Net Position Change shows a gain of approximately 1.29 million BTC, indicating strong confidence among long-term...
Bitcoin is trading around $62,700, close to a potential bearish death cross where its 20-week moving average may fall below the 200-week average, signaling possible further weakness. Meanwhile, Zcash has recovered impressively from a sharp 50% crash ...
