Bitcoin miners have been actively selling their holdings following the halving event, which halves the block reward for miners. This has resulted in a prolonged phase of miner capitulation, as mining becomes unprofitable and miners are forced to liquidate their Bitcoin holdings to cover expenses. The on-chain data suggests that this selling pressure is not
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The stock market has experienced a significant rally in the current bull market, with AI darlings such as Nvidia leading the way with a remarkable 176% increase this year. However, not all stocks can sustain this upward momentum, as some are expected to fall in the near future. The S & P 500, Dow Jones
Recent data has shown a significant increase in interest from retail investors in buying Bitcoin at its current prices. According to macro analyst Axel Adler, accounts with up to $10,000 are showing a surge in interest, with the metric already up by 7% from the local bottom reached in May. While this may not be
The Nervos Network (CKB) has been making waves in the cryptocurrency world, with a groundbreaking analysis by Messari highlighting its pivotal role in enhancing Bitcoin’s technological framework. By leveraging its innovative Layer-1 blockchain and RGB++ protocol, Nervos is addressing critical scalability and programmability challenges within the Bitcoin ecosystem. The report not only expands on Bitcoin’s
The recent drop in the price of Bitcoin, the leading cryptocurrency in terms of market capitalization, has raised concerns in the crypto market. The price fell to a one-month low of $63,300, signaling a potential exhaustion of the record-breaking rise witnessed earlier this year. This downturn is attributed to the lack of new market drivers
The S & P 500 saw modest gains for the week, but there are concerns that some stocks may be overextended and due for a pullback. Even though the overall market trend was positive, with a 0.6% weekly gain, there are signs that the artificial intelligence-driven rally might be losing steam. This is evident in
Bitcoin, the leading cryptocurrency, has surged in price over the past year, hitting new highs in 2023. However, recent data suggests a concerning trend regarding on-chain activity. On-chain activity refers to the transactions and interactions recorded directly on the blockchain, providing insights into market behavior and sentiment. A decline in exchange-related on-chain activity for Bitcoin
The S & P 500 has been on a hot streak in 2024, reaching record highs and breaking through the 5,500 level for the first time. However, despite this impressive performance, some analysts are cautioning that a few high-flying stocks, such as Nvidia, may be at risk of falling from grace in the second half
Tom Lee, the head of research and co-founder at Fundstrat, has gained a reputation for making bold and sometimes unconventional short-term predictions in the stock market. Despite the inherent risks involved in making specific timeframes and outcomes, Lee’s track record speaks for itself. His accurate prediction of the S & P 500’s rise by 100
Lawmakers and lobbyists are currently in a state of uncertainty due to the recent election, the national debt, and the key legislative achievements of the Trump administration. One particular issue that has them on edge is the possible elimination of the tax exemption for municipal bonds. This move could have significant implications for state and