$BTC Major Bitcoin investors have sold $3.4 billion worth since early December; its price is around $92,000. According to data from Glassnode, Bitcoin whales, who own between 10,000 and 100,000 Bitcoins, have sold or redistributed approximately 36,500 Bitcoins (equivalent to $3.4 billion) since the beginning of December. The price of Bitcoin faced resistance at the $94,000 level during this period. Reports indicate a decline in market liquidity. Cash flows into stablecoins, which are an indicator of purchasing power, have decreased by 50% since August, suggesting that current prices lack sufficient capital support to overcome the resistance level of $100,000. The cryptocurrency market liquidity index has also seen a significant decline, according to FX Leaders.#Binanceholdermmt #ETHBreaksATH
$XRP In today's trading (December 12), the price of XRP fluctuates between $1.98 and $2.00. Its trading volume is $4.17 billion over the past 24 hours, while its market value is $120 billion, and it is experiencing a downward trend. Analysts have warned that if the support level at $1.95 is broken, the price may drop to $1.80. According to technical analysis, XRP forms a downward channel on the four-hour chart and shows a descending triangle pattern on the daily chart. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators indicate weakness in the price. The main resistance level is in the range of $2.05-$2.10, and breaking it requires a large trading volume.#Binanceholdermmt #FOMCWatch
$BTC CryptoQuant analysts pointed out that whales (the largest holders of Bitcoin) played an important role in this decline in selling pressure. Their share of total inflows to trading platforms dropped from 47% in mid-November to 21%. The average deposit size also decreased from 1.1 Bitcoin on November 22 to 0.7 Bitcoin. This decline in inflows has contributed to easing market tensions.#BinanceBlockchainWeek #WriteToEarnUpgrade
$SOL A new report from Glassnode shows that the Solana (SOL) network is experiencing a fragile situation, with a sharp decline in liquidity and a decrease in profitability. According to the data, the average profit-to-loss ratio in Solana over the past thirty days has remained below 1 since mid-November, indicating behavior similar to bear markets, and confirming that traders are recording losses exceeding their profits. The alternative currency research group "Victor" described this situation as a "complete collapse of liquidity," a pattern typically observed before the beginning of new liquidity cycles and when prices hit their lowest levels. Analysts say that if a pattern similar to what happened in April repeats, liquidity could recover in about four weeks, with early January being the starting point.#WriteToEarnUpgrade #BinanceHODLerMorpho
$XRP The Ripple currency faced significant selling pressure today, and its failure to hold above the $2.12 level indicates that major investors are abandoning their positions instead of accumulating them, undermining the short-term trend. The price of XRP rose by 0.5% to reach $2.0925 in trading on Tuesday, but it underperformed the broader cryptocurrency market by about 1.77%. Although trading volume was about 38% higher than the weekly average, indicating the entry of financial institutions, this liquidity did not contribute to creating a sustainable upward trend. The price of XRP rose to $2.17 after breaking through the resistance level at $2.12, but it soon faced heavy selling and retraced. Data shows that 189.7 million tokens were traded during this move, which typically corresponds to distribution patterns at extreme price boundaries.#BTCVSGOLD #USChinaDeal #FOMCWatch
$BTC Bitcoin surged strongly to touch levels of $94.6 thousand, and everyone was saying "higher" and "more increases are coming". Then it dropped to $92,000. According to our latest data and social analyses (which we gather from X, Reddit, Telegram, and others), after this recent rise of Bitcoin, we noticed a huge explosion in the number of posts and comments predicting "the rise" and "more upwards". This is a red flag that cannot be ignored. How do we read the chart? 1ïžâŁHigh red bars: Indicate an increase in calls for "higher" or "above". This is a sign of "FOMO" (fear of missing out), and often coincides with a local price peak followed by a market correction, where small investors try to buy at the tops. 2ïžâŁHigh blue bars: In contrast, indicate an increase in calls for "lower" or "below". This reflects (FUD) or fear, uncertainty, and doubt. The irony here is that prices often rise after these periods, as small investors sell their assets out of fear, opening the door for smart investors to buy at attractive prices. Crypto markets often move in the opposite direction to the behavior of small traders. And when everyone is optimistic and sees prices continuing to rise without stopping, we are often on the verge of seeing a correction. #BinancehodlerSOMI #BTCVSGOLD
$BTC Strive Asset Management announced its plans to purchase more Bitcoin through the sale of preferred shares worth $500 million, making it one of the largest institutions buying Bitcoin. Strive currently owns 7,525 Bitcoin, valued at approximately $695.93 million, according to BitcoinTreasuries, making it the fourteenth largest Bitcoin-holding company. According to the statement, Strive said that the proceeds from the sale of shares will be used for general corporate purposes, including purchasing Bitcoin and related products and providing working capital. The company also plans to acquire income-generating assets and some new technologies and companies. Strive first announced its intention to purchase Bitcoin in May, then revealed a plan to acquire 75,000 Bitcoin linked to bankruptcy claims from the previous trading platform Mt. Gox. This move resembles Treasury Secretary Michael Saylor's tactic of focusing on increasing the amount of Bitcoin per share.#FOMCWatch #BinanceHODLerMorpho #BTCVSGOLD
$DOGE Unchained data for Dogecoin shows a significant increase in network activity for the cryptocurrency, which is seen recently as a potential sign of price change. Dogecoin's price has risen by 3.5% in the last 24 hours to now reach $0.14. According to BitInfoCharts data, the number of daily active addresses (DAAs) on the Dogecoin network rose to 67,511 on December 3, the second highest figure in the past three months. This came with a doubling of trading volume, indicating strong buying pressure.#ETHBreaksATH #BTCVSGOLD #BinanceBlockchainWeek
$USDC Circle has obtained a Financial Services Provider (FSP) license from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, allowing it to offer its stablecoin USDC in the United Arab Emirates under full supervision. This license is a critical step in Abu Dhabi's transformation into a global hub for regulated digital assets. According to Circle, the license will enable it to provide payment, settlement, and digital asset services based on USDC in the Abu Dhabi Global Market (ADGM). The company has also appointed Dr. Saida Jafar as CEO for the Middle East and Africa.#ETHBreaksATH #BTCVSGOLD
$BTC $ETH Digital currencies are trying to rise strongly after the crash The digital asset market recorded a notable recovery today after the sharp decline that hit trading during the weekend, with the total market capitalization rising by 1.7% over 24 hours to reach $3.2 trillion. The price of Bitcoin rose to $91,091, an increase of 1.6%, while Ethereum climbed 2.3% to $3,124. XRP also increased by 1.1% to $2.07. Mid-cap coins saw stronger momentum, with Sui rising by 3%, Bittensor by 3.7%, and Ethena jumping by 5.1%. According to CoinGlass data, forced liquidations over 24 hours reached $444 million, an increase of 284%, while open positions in derivatives rose to $30 billion. The âfear and greedâ index remained at level 20, reflecting continued caution in the market despite the rebound.#FOMCWatch #ETHBreaksATH #WriteToEarnUpgrade
$XRP The stablecoin RLUSD has once again caught the attention of analysts with a new rise in its market value to approximately $1.1 billion on the Ethereum network. Experts believe that the rapid growth of RLUSD is a direct result of Ripple's multi-chain strategy, which saw its launch on both Ethereum and XRP Ledger simultaneously. Wendy O, a cryptocurrency analyst, stated that Ripple's decision to integrate RLUSD into multiple chains was the company's smartest move, and that larger projects should follow suit as the market trends toward adopting multiple chains. This opinion came after Token Terminal released data confirming the increase in market value of RLUSD over the past week. Bill Morgan, a digital asset lawyer, also supported this analysis, warning that projects limited to a single network will not be effective in the future#BTCHashratePeak #ETHBreaksATH
$ETH Vitalik Buterin, the founder of Ethereum, proposed the creation of a futures market for Ethereum gas on the blockchain network, allowing users to manage future fees with greater confidence. He wrote in a post on platform X that the network needs a "futures market for gas that does not rely on trust" because many have questioned the sustainability of low fees as Ethereum evolves. Buterin explained that this mechanism allows users to lock in the price of gas for specified periods. This model works similarly to traditional futures markets, where contracts to buy or sell an asset at a specified price in the future are offered, allowing investors to hedge against risks. #BTCHashratePeak #FOMCWatch
$PEPE Baby's price has dropped. The value of (PEPE), the second largest Ethereum token, has fallen to $0.000004512, a decrease of 85% from its highest level this year. The currency is now approaching its lowest level since April of last year and remains under pressure from a downward trend despite the accumulation of whales. The BabyCoin has seen a decline this year as a result of the broader cryptocurrency market crash, which has affected most digital currencies, especially meme coins like Shiba Inu and Dogecoin. However, there are indications that whales have begun accumulating this currency. Data collected by Nansen shows that whales now hold 4.44 trillion digital coins, up from 4.41 trillion in November, meaning they purchased 30 billion digital coins during this period.#BTCHashratePeak #ETHBreaksATH
$BTC â JPMorgan said that Bitcoin could reach $170,000 in the coming months, which means an increase of about 84% from its current price of around $90,000. The bank sees that Bitcoin has started to move like gold, especially when we adjust for volatility. This prediction comes after a difficult period, as Bitcoin entered a bear market due to concerns about interest rates in 2026 and crises at the Strategy company affiliated with Michael Saylor. JPMorgan has long expected that Bitcoin will trade like gold in the long term, and this was clearly evident last April when people were worried about tariffs; they sold U.S. stocks and turned to Bitcoin as a safe haven.#FOMCWatch #BTCHashratePeak #USChinaDeal
$BTC Analysts warn of the possibility of Bitcoin's price dropping to the range of $76,000 if it fails to maintain its critical support level. This warning comes as Bitcoin's price has reached a Fibonacci retracement level of 0.382, which is considered a major support and resistance area in market cycles. A break below this level may weaken the long-term market structure and push the price toward its lows in April, according to market analyst Dan Crypto #FOMCWatch #BinanceHODLerMorpho .
$USDT $USDC The market capitalization of stablecoins is approaching its all-time high of $309 billion again, after attracting $2.26 billion in new capital last week. As of December 6, the market capitalization of this sector of the cryptocurrency market reached $308.435 billion, just 0.1864% away from breaking the previous record. Among stablecoins, Tether (USDT) remains dominant with a market share of 60.22%, with a market capitalization of approximately $185.726 billion this week. Tether's share of weekly growth in this sector was $1.074 billion, which represents 47.52% of the total increase in capital.#BinancehodlerSOMI #BinanceBlockchainWeek
$ETH A new analysis shows that Ethereum holdings on centralized exchanges have dropped to their lowest levels since 2015, which could expose the market to significant supply pressure. Data from Glassnode shows that the share of Ethereum held on exchanges fell to 8.7% on Thursday, down from 8.8% on Sunday. Ethereum holdings on exchanges have decreased by 43% since the beginning of July, coinciding with a sharp rise in purchases of U.S. Treasury bonds with this digital currency. Analysts at Milk Road stated that Ethereum is entering the most restrictive supply conditions in its history, an unprecedented level. In comparison, reports indicate that the percentage of Bitcoin on exchanges is 14.7%.#BTC86kJPShock #USChinaDeal #FOMCWatch
$BTC The largest wave of selling and withdrawals since its launch in January 2024
The BlackRock exchange-traded fund for the cryptocurrency "Bitcoin" experienced the largest weekly withdrawal wave since its launch in January 2024, reflecting a decrease in demand for Bitcoin after a severe drop earlier this week.
Investors withdrew approximately $16.5 million from the "iShares Bitcoin Trust" during the current week, marking the sixth consecutive week of withdrawals.
In the five weeks ending on the 28th of November, approximately $2.7 billion was withdrawn from the fund as traders' appetite for risk declined.
This came amid the severe drop in Bitcoin since October, where it erased most of the gains recorded since the beginning of this year, trading below $84,000.#BTCHashratePeak #USChinaDeal #BTCVSGOLD
Login to explore more contents
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto