Bitcoin bottom or bull trap? Whales and bears disagree
Bitcoin is showing mixed signals as on-chain data points in two different directions. Summary CryptoQuant said record Bitcoin inflows to accumulation addresses showed whales were quietly building positions daily. XWIN Research Japan said STH-SOPR near one showed short-term holders were…
Iran’s declaration reduces ceasefire odds to 1% by April 7
Iran has announced it will determine the outcome of any conflict against it, causing ceasefire odds by April 7 to drop to 1% YES from 12% last week. Iran’s declaration has sharply reduced the likelihood of a ceasefire. The April…
Will ETH Break Out or Plunge to $1.8K Next?
Ethereum’s price action continues to reflect a market in equilibrium, where neither buyers nor sellers have established decisive control. Following the sharp corrective phase earlier in the year, ETH has transitioned into a broad consolidation structure, with volatility compressing as…
XRP slips behind BNB as seven-month slide deepens
XRP fell to fifth in crypto market cap rankings as BNB moved ahead, with weekly ETF outflows and a seven-month slide weighing on price now. Source link
Iran’s regime fall odds rise to 13.5% after rejecting Trump’s offer: sources
The Iranian regime faces potential escalation after rejecting Trump’s offer, with the odds of the regime falling by June 30 at 13.5% YES, up from 12% yesterday. Traders are reacting to Iran’s rejection of US terms, which could paint Iran…
Derivatives Now Driving 90% of Crypto Exchange Volume
New findings by CoinMarketCap indicate that derivatives markets are now the primary driver of trading volume across leading crypto exchanges. Cryptocurrency exchange activity continues to be heavily concentrated and largely driven by derivatives trading, according to the latest report…
Bitcoin range shrinks as power law model holds
Bitcoin drew mixed public views after new comments from market observers focused on long-term performance and price structure. Summary Adam Livingston said Bitcoin trades 0.94 sigma below center as price structure tightens around power law. Livingston said Bitcoin’s historical trading…
Trump threatens to destroy Iran’s infrastructure as ceasefire odds plummet
Trump has threatened to destroy Iran’s infrastructure unless the Strait of Hormuz is reopened. The odds for a ceasefire by April 7 have plummeted to 1% YES, down from 12% last week. Traders reacted sharply, with declines across all short-term…
First Red Month and No Inflow Days
Meanwhile, the underlying asset has dipped by 3% weekly and continues to struggle at the $1.30 support. The spot exchange-traded funds tracking the performance of Ripple’s cross-border token continue to dig new lows, as they just ended their first…
Crypto market recap: What happened today?
Crypto markets faced a mix of structural, market, and policy-related developments on the day. Summary Michael Ippolito said rising token supply diluted returns as average coin values lagged market cap. Michael Saylor said Bitcoin price now follows capital flows, not…
