Recent discussions surrounding Bitcoin trading habits have shed light on a common misconception: the belief that HODLers, or long-term Bitcoin holders, never sell their assets. This notion was challenged by on-chain analyst James Check, who pointed out that these holders do indeed engage in selling. This behavior has significant implications for the market, particularly in
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Ethereum (ETH), the prominent cryptocurrency that ranks second only to Bitcoin in terms of market capitalization, is currently navigating another challenging chapter in its price history. Recently, the asset has witnessed a noticeable decline, dropping by 2.4% within a 24-hour period, with its price hovering around $3,577. This downturn reflects a 26.8% drop from its
In the world of cryptocurrency, the ideal is to decentralize financial systems and return power to users, away from traditional banking institutions. However, recent events have shown that users of centralized exchanges like Coinbase can often fall into the very pitfalls they sought to escape. One notable incident occurred when Ethereum developer Eric Connor found
The cryptocurrency realm is no stranger to volatility, and SUI has recently experienced a striking resurgence, gaining over 115% within a week of USDC’s launch on the layer-1 blockchain. This significant price rally, which saw SUI leap from a low of $0.742 to a peak of $2, can be attributed to multiple factors, including heightened
As of now, Bitcoin (BTC) is trading in a narrow band between $94,000 and $96,000. However, recent data suggests that significant movement is imminent. Insights from blockchain analysis firm CryptoQuant have highlighted a potential for a bullish breakout in the coming weeks. Market participants are currently eager to assess whether these analytics will translate into
In a surprising turn of events, RTFKT, the innovative creator behind futuristic non-fungible token (NFT) sneakers and avatars, has declared its impending closure slated for early January 2025. Announced on December 2 via their official post on X, the firm reflected on its achievements while outlining plans to finalize operations. RTFKT’s inception in 2020 positioned
Cristiano Ronaldo, an undeniable giant in the world of football, has once again demonstrated his ability to blend sports and technology. His latest venture, the “ForeverSkills” collection, introduces a groundbreaking platform that not only serves as a digital collectible but also fosters an interactive learning experience for fans and aspiring footballers. In partnering with Binance,
In recent years, Non-Fungible Tokens (NFTs) have surged into the mainstream, introducing an entirely new dimension to digital ownership and art. Companies like Yuga Labs, known for pioneering projects such as the Bored Ape Yacht Club (BAYC) and the Otherside metaverse, have been at the forefront of this evolution. Their recent acquisition of Tokenproof, a
In the world of cryptocurrencies, trends can change rapidly, and Cardano (ADA) may be positioned for a potential resurgence akin to that experienced by XRP in recent months. In light of recent technical analysis and market developments, crypto investors are increasingly optimistic about Cardano’s price prospects. A notable analyst has suggested that ADA could reach
In recent discussions among prominent crypto analysts, the future trajectory of Bitcoin has drawn substantial attention. Charles Edwards, the founder of Capriole Investments, articulated his insights in the latest episode of The Milk Road Show. He focuses on Bitcoin’s ongoing journey, its resilience, and the implications of the traditional four-year cycle. Given Bitcoin’s notorious volatility,