Over 38,000 Bitcoin were recently transferred into accumulation addresses, wallets typically linked to long-term holders and institutional investors. While this inflow suggests strong demand during a market dip, the average entry price for these wallets is around $70,000, higher than the current Bitcoin price near $64,000. This raises two possibilities: holders are either accumulating for a future rally or averaging down to sell near breakeven. The next price movements around $70,000 will be crucial to determine whether these wallets continue to accumulate or begin selling, providing clearer insight into Bitcoin's near-term trend.
Bitcoin has fallen nearly 26% this year, losing $665 billion in market value, but recently crossed $65,000 amid hopes of a rally. Analysts differ on timing: Joao Wedson predicts the bear market could last until October based on historical cycles, whi...
Forge, an analytics platform on the Allora Network, now offers 15-minute realized volatility forecasts for Bitcoin, Ethereum, Solana, and XRP. This high-frequency data provides traders with near-real-time insights into price fluctuations, useful for ...
GSR's institutional Crypto Core3 portfolio fell 57.78% over the past year, underperforming an equal-weighted crypto basket due to sharp declines in Bitcoin, Ethereum, and Solana. The portfolio shifted to increase Bitcoin exposure while reducing Ether...
MoonLambo's host Matt highlights a PMI reading of 55.6, the first above 55 in over five years, as a key sign that crypto markets are nearing the end of a mid-cycle correction rather than entering a prolonged bear market. This PMI level historically p...
Prediction markets suggest Bitcoin has a higher chance of dropping to $50,000 than reaching $100,000 in 2026, despite aggressive accumulation by whales. The FTX collapse price level is seen as a critical support, with some traders viewing current dem...
