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HBAR’s 26% decline invalidates its bullish setup, delaying a new all-time high. Will it recover, or is further downside ahead?
Solana faces mixed signals as outflows hit an 18-month high, yet key indicators suggest a potential recovery. Will SOL sustain its rebound?
Will Ethereum, the world's largest altcoin, see its fortunes reverse after its recent underperformance?
A massive alt-season pump isn't likely to come anytime soon, but Ethereum could remain well underpinned for these reasons.
Poland's NBP rejects Bitcoin for national reserves, prioritizing financial security. The decision aligns with Europe's cautious stance on cryptocurrencies as reserve assets.
CryptoQuant noted that the index has dropped 15% since peaking in November 2024, and is now sitting at 3,760, its lowest level in a year.
Maryland introduces legislation to establish a Bitcoin reserve fund, allowing cryptocurrency holdings as a hedge against fiat inflation. The bill could reshape state financial strategies.
- 14:14Analysis: Each Additional 10,000 BTC Held by ETFs Could Push Average Price Up by 1.8%, Potentially Reaching $150,000 in OctoberAccording to ChainCatcher, citing a report from Decrypt, research firm Cooper Research has released a report indicating that as large amounts of investor capital flow into Bitcoin exchange-traded funds, a rise in Bitcoin’s price now appears inevitable. Data shows that for every additional 10,000 BTC held by ETFs, the price of Bitcoin can increase by an average of 1.8%. Analysts point out that based on a range of data indicators, Bitcoin seems poised for another significant rally. The leverage-driven market frenzy is gradually fading, and Bitcoin’s price movement may take a more moderate path, with projections suggesting it could reach $140,000 in September and possibly rise to $150,000 as early as the beginning of October.
- 14:13Bitdeer: Total Bitcoin Holdings Surpass 1,600According to Jinse Finance, Nasdaq-listed Bitcoin mining company Bitdeer has released its latest Bitcoin holdings data on the X platform. As of July 18, its total Bitcoin holdings have increased to 1,601.4 BTC (note: this figure represents proprietary holdings and does not include Bitcoin deposited by clients). In addition, the company mined 65.0 BTC this week but sold 27.4 BTC.
- 13:51Data: 60 Million USDC Burned by USDC Treasury on EthereumChainCatcher reports that, according to Whale Alert monitoring, the USDC Treasury burned 60 million USDC on the Ethereum blockchain approximately 12 minutes ago.