AVAX Breaks Out of Consolidation Phase
Avalanche’s token AVAX recently broke out of a consolidation phase, establishing strong support levels, according to CoinDesk Research’s technical analysis model. The token is up 0.8% in the last 24…
Short COIN/Long BTC Trade Will Be a Winner as Soaring Coinbase Nears Overvaluation: 10x Research
Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) are fast approaching an overvaluation threshold, 10x Research, headed by Markus Thielen, said Friday. Thielen is recommending a pair trade that comprises a…
Bitcoin Miner Revenue Drops to 2-Month Low, but Selling Pressure Remains Absent: CryptoQuant
Bitcoin BTC miner revenues have slid to their lowest levels in two months, but there’s still no sign of forced selling, even as profitability falls.Daily mining revenue dropped to $34…
Bitcoin Faces Weakest Monthly Growth Since July as Whales Counteract ETF Inflows
Bitcoin BTC is on track to record its weakest monthly performance in a year amid a puzzling mix of consistent spot ETF inflows and signs of on-chain selling by whales…
Bitcoin Treasury Corporation Acquires 292 BTC, Prepares for Toronto Trading Debut
Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin BTC for C$43 million ($31.6 million), launching an accumulation strategy aimed at building…
Circle Mania Grips South Korea as Retail Investors Pile Into Stablecoin Play
New York-listed Circle (CRCL) has become the breakout stock of June in Seoul.South Korean retail traders have poured nearly $450 million into shares of Circle Internet Group, per Bloomberg. The…
XRP, Solana Lead Profit-Taking Among Crypto Majors Even as Bullish Mood Persists
Bitcoin BTC traded around $107,000 on Friday as crypto markets took a breather, with investors booking profits in majors like XRP XRP and Solana’s SOL SOL despite strong macro tailwinds.XRP…
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