Analysis News

Dogecoin (DOGE) is back in focus as long-term chart structures continue to signal sustained bullish potential. While recent monthly price action has remained muted, a crypto analyst maintains that the meme coin’s broader technical trend has not been compromised. The analyst has projected that DOGE could eventually rally toward a long-term move beyond the $10 level.  Dogecoin Bullish Structure Points Toward $10 On December 31, crypto market expert Olivier D Maximus posted on X that Dogecoin remains structurally bullish and could eventually cross $10. He noted that although price action has been slow and unimpressive, DOGE’s bullish framework continues to favor higher valuations in the long term.  Related Reading: 7-Period Fractal Trend Says Dogecoin Price Is Headed To...

Head of research at on-chain analytics firm CryptoQuant has explained how demand makes the basis of a Bitcoin cycle, rather than price performance. Bitcoin Apparent Demand Has Been Declining Recently In a new post on X, CryptoQuant head of research Julio Moreno has talked about Bitcoin cycles from a different lens. “Most are focusing on price performance to define a cycle, when it is demand what they should be looking to,” noted Moreno. Related Reading: XRP At Risk Of A Drop To $0.80? Analyst Makes The Case The analyst has gauged the “demand” for the cryptocurrency using the Apparent Demand indicator, which compares the daily miner issuance against the changes in the 1-year dormant supply. The first of these, the miner issuance, is the amount that miners are “minting...

Bitcoin’s recent inability to escape a tight trading range may have less to do with spot Bitcoin ETF flows than many headlines suggest, and more to do with the derivatives complex still doing most of the heavy lifting, even as futures activity cools. That’s the core argument from CryptoQuant analyst Darkfost (@Darkfost_Coc), who said Bitcoin futures volumes have been “cut in half since November 22,” dropping from $123 billion in daily volume to $63 billion. Futures, Not ETFs, Are Holding Bitcoin In Place The slowdown, he added, “partly explains the low volatility observed on BTC in recent weeks.” But the bigger point is relative scale: at $63 billion per day, futures still represent “nearly 20 times the volume of spot Bitcoin ETFs ($3.4B) and about 10 times spot mark...

Arthur Hayes, co-founder of BitMEX, has captured market attention after executing a high-conviction rotation out of Ethereum and into a select group of decentralized finance tokens. On-chain data, later reinforced by his public remarks, shows a deliberate concentration of capital into specific DeFi protocols he believes are positioned to outperform as liquidity conditions evolve. Ethereum Was Sold, Not Abandoned Blockchain data shows that over a two-week period, Hayes reduced his Ethereum exposure by selling a total of 1,871 ETH, valued at roughly $5.53 million at the time of execution. This was not an isolated transaction, as the ETH sales were followed closely by a series of DeFi purchases, indicating that Ethereum was used as a funding source rather than an asset ...

Bitcoin’s short-term price action is still without bullish momentum, and according to macroeconomist Henrik Zeberg, the longer-term outlook may be deteriorating as well.  Henrik Zeberg shared a strongly bearish assessment of the market’s current structure in a post on the social media platform X with the conclusion that Bitcoin is no longer behaving like an asset in a healthy expansion phase. Instead, he described Bitcoin as approaching an important peak, warning that the current structure carries an elevated risk of a sharp downside move once that peak is in place. Bitcoin’s Expanding Diagonal Points To Price Top Zeberg’s Bitcoin outlook is based on the expanding diagonal structure on Bitcoin’s monthly candlestick timeframe chart. This long-term pattern, which has b...

Turkmenistan's crypto regulation may boost innovation and economic growth but limits everyday crypto use, impacting broader digital adoption.
The post Crypto mining is officially legal in Turkmenistan, but everyday use is off-limits appeared first on Crypto Briefing.

South Korea’s top money-laundering watchdog has slapped crypto exchange Korbit with a fine worth about ₩2.73 billion, or roughly $1.90 million, after finding widespread lapses in its compliance controls. Related Reading: Crypto Headed For A $10 Trillion Future? Hoskinson Says RWA Is The Key According to regulator statements and multiple news reports, the move follows an on-site inspection that uncovered thousands of rule breaches and several risky transfers abroad. Regulatory Findings And Scope Of The Inspection The Financial Intelligence Unit said inspectors found nearly 22,000 breaches related to AML and KYC rules. The FIU said the inspection, carried out from October 16 to 29, 2024, exposed serious gaps in how Korbit verified customer identities and handled transa...

B HODL's increased Bitcoin holdings highlight a strategic commitment to leveraging cryptocurrency for long-term financial growth and network utility.
The post UK Bitcoin treasury B HODL acquires additional Bitcoin, total holdings top 158 BTC appeared first on Crypto Briefing.

A major institutional player in global finance has made its position on XRP clear, placing the cryptocurrency at the center of its digital asset strategy. Franklin Templeton, an asset management firm handling over $1.6 trillion worth of assets, used a recent post on the social media platform X to explain why it is going deep into XRP as an asset, while also drawing attention to its Spot exchange-traded product, XRPZ. This interesting comment is part of a growing institutional confidence in XRP and the XRP Ledger. Franklin Templeton’s Strategic Entry With A Spot XRP ETF Franklin Templeton’s arrival in the XRP ETF space is one of the most significant endorsements of the token from a legacy financial institution. The firm launched the Franklin XRP Trust, trading under t...

Bitmine's increased Ethereum staking could significantly impact the crypto market, enhancing network security and influencing staking dynamics.
The post Bitmine reaches 461,504 staked Ethereum worth nearly $1.4B: On-chain data appeared first on Crypto Briefing.