Bitcoin Is Getting Closer to the Bottom, But Demand Is Falling: CryptoQuant
Bitcoin's bear market might be nearing an end, analysts said, but individuals and institutions aren't lining up to buy the top crypto asset.
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The reading likely supports restrictive monetary policy.
Read full articleBitcoin's bear market might be nearing an end, analysts said, but individuals and institutions aren't lining up to buy the top crypto asset.
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Both Realized Cap and aSOPR are pointing to the same conclusion: capital is leaving the Bitcoin network while forced selling at a loss dominates market behavior.
Institutional adoption of Ethereum ETFs suggests growing centralization risks and potential governance challenges for the cryptocurrency market. The post Ethereum spot ETFs see $101M inflows led by BlackRock’s $37M appeared first on Crypto Briefing.
Fold Holdings has sold approximately $45 million worth of Bitcoin and eliminated all of its secured debt obligations as the fintech company prepares for a new round of product launches and expansion efforts. According to Fold, the Nasdaq-listed company liquidated…