Bitcoin’s Correction May Be Canary In Coal Mine Moment for Macro
Bitcoin’s (BTC) recent performance may be less about crypto market weakness and more about its position at the front of the risk curve. Asset management firm Bitwise said that BTC often acts as a “canary in the macro coal mine,” responding…
Bitmine’s Ether Holdings Reach 5.54M ETH After Latest Purchase
Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum's total supply.The company said it has now reached 92% of…
Could Dogecoin (DOGE) Be Setting Up for Its Next Big Move? Analysts Think So
On-chain URPD data and whale activity suggest that Dogecoin is sitting in a high-interest accumulation zone for long-term holders.
Dogecoin (DOGE) has gained a modest 2%…
Arthur Hayes Dumps Worldcoin After Bullish AI Proxy Call
Maelstrom co-founder Arthur Hayes said he sold his Worldcoin (WLD) holdings just days after his venture capital firm described it as one of the cleanest proxies for the AI investment play. “This chart is going in the wrong direction,” said…
Strategy buys 1550 BTC, but Bitcoin has a bigger problem – Here’s why!
Strategy is back to buying Bitcoin after selling a small part of its holdings last week. Interesting timing, because long-term Bitcoin holders have been seeing much lower profits than before lately.
Needless to say, this puts Bitcoin in…
UK Proposes Limited Retail Fund Exposure to Crypto
The UK’s Financial Conduct Authority has proposed allowing some authorized investment funds to hold up to a 10% allocation of crypto exchange-traded notes, closing a regulatory gap between retail investors and funds.The FCA floated the idea…
Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million
Key TakeawaysSVP proposed a 10M population cap, straining infrastructure as Switzerland heads to a June 14 vote.Tamedia found 52% favor the law, signaling labor market shifts before Switzerland votes on June 14.Economiesuisse’s Pascal…
Ethereum TD Sequential Prints “9” Buy Signal as Exchange Reserves Hit New Lows
TLDR:
Ethereum’s 3-day chart has printed a TD Sequential “9” buy signal after a drop from $2,300 to $1,600.
The TD Sequential signal indicates potential seller exhaustion but does not confirm a full trend reversal.
CryptoQuant…
Ethereum Hits 14-Week Low as Traders Defend Critical $1.8K Support
Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source:…
House GOP Moves to Limit Lawmakers’ Prediction Market Betting
Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize whether members of Congress should be allowed to wager on elections or…