CryptoQuant analyst Axel Adler Jr. highlights that Bitcoin's structural cycle bottom could be around $48,000 based on the Cumulative Value Days Destroyed (CVDD) model, which tracks long-term holder activity. Currently trading near $65,000, Bitcoin has shown a potential accumulation zone at $60,000 and a realized price of about $53,600, which historically signals deep value when breached. Despite the model's strong track record in predicting past cycle lows, weak demand and absent capitulation add uncertainty to the timing of the bottom. Investors should watch for sustained price drops below the realized price, which could trigger panic selling and mark true market bottoms.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
