Analysis News

Bitcoin’s on-exchange supply has dropped sharply, and traders are taking note. According to Santiment, more than 403,000 BTC have left exchanges since December 7, 2024 — roughly 2% of Bitcoin’s total supply. Related Reading: Banking Meets Bitcoin: French Banking Giant Offers Crypto To Millions That shift, measured against an on-exchange balance of about 2.11 million BTC in late November, is being seen as a sign that fewer coins are poised for quick sale. Exchange Balances Shrink Santiment said lower exchange balances have historically been linked with fewer sudden sell-offs, an observation many market watchers find encouraging. The math is straightforward: when a big chunk of supply sits outside exchanges, there is less immediately available stock to meet selling pre...

Eco brings real-time stablecoin bridging and unified liquidity to Solana as stablecoin adoption accelerates toward a projected $3 trillion market.
The post Eco expands to Solana to unify $15B stablecoin ecosystem appeared first on Crypto Briefing.

Institutional adoption of Bitcoin may stabilize its volatility, potentially altering traditional market cycles and influencing future investment strategies.
The post Cathie Wood sees Bitcoin entering a new phase with less severe drawdowns appeared first on Crypto Briefing.

On-chain data shows the popular Bitcoin Hash Ribbons indicator has just given a miner capitulation signal. Here’s what this could mean. Bitcoin Hash Ribbons Now Signaling Miner Stress As pointed out by CryptoQuant author Darkfrost in an X post, the Bitcoin Hash Ribbons have shown a crossover that has historically corresponded to rising stress among the miners. The Hash Ribbons indicator aims to gauge the situation of the miners by comparing the 30-day and 60-day moving averages (MAs) of the BTC Hashrate, a metric that measures the total amount of computing power that the validators as a whole have connected to the blockchain. Related Reading: Bitcoin Speculation Muted: Glassnode Analyst Calls Perps A ‘Ghost Town’ The trend in the Hashrate can act as a representation ...

Canton Network partners with RedStone to connect $6T in tokenized assets to DeFi using real-time oracles and privacy-focused infrastructure.
The post Canton Network partners with RedStone to expand DeFi access to $6T assets appeared first on Crypto Briefing.

A crypto analyst has forecasted that the Litecoin price is gearing up for an explosive rally to $110. Unlike Bitcoin and Ethereum, which have seen considerable declines over the past few months, Litecoin appears to be stabilizing, gaining about 7.8% this past week, according to CoinMarketCap. Although LTC has seen its fair share of declines this year, analysts still hold hope that the cryptocurrency could cross the $100 threshold and reclaim former highs.  Litecoin Price Targets A $110 Breakout Litecoin may be preparing for a strong upward move, according to a new analysis from TradingView market expert MadWhale. The analyst has indicated that the cryptocurrency has the technical structure needed to break out of its long-term descending channel and potentially climb ...

Cronos One could accelerate web3 adoption by simplifying user onboarding and enhancing security, potentially boosting decentralized app growth.
The post Cronos Labs unveils Cronos One, an all-in-one solution for web3 newcomers appeared first on Crypto Briefing.

Kalshi Solana prediction markets volume surpasses $2.8 million as on-chain trading rises, boosted by tokenized event contracts.
The post Kalshi surpasses $2.8 million volume on Solana as on-chain activity rises appeared first on Crypto Briefing.

Banks' ability to execute riskless principal crypto trades may enhance market liquidity and foster innovation while ensuring regulatory compliance.
The post OCC confirms banks can execute riskless principal crypto transactions appeared first on Crypto Briefing.

Wall Street research firm Bernstein has reiterated one of the boldest long-term calls in traditional finance, confirming a $1 million Bitcoin price target for 2033 while materially revising how and when it expects the market to get there. Bernstein Keeps $1 Million Price Target For Bitcoin The latest shift surfaced after Matthew Sigel, head of digital assets research at VanEck, shared an excerpt from a new Bernstein note on X. In it, the analysts write: “In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling.” The analyst from Bernstein added: “Despite a ~30% Bitcoin correction, we have...