Analysis News

Bitcoin has seen a rally toward the $81,000 level, but on-chain data shows the surge has failed to attract investor attention, with network activity remaining low. Bitcoin On-Chain Activity Has Dropped To 2-Year Lows According to data from on-chain analytics firm Santiment, the Bitcoin blockchain has witnessed a drop in indicators related to on-chain activity. The metrics of relevance here are the Daily Active Addresses and Network Growth. Related Reading: Bitmine Adds 101,745 ETH, Moves Closer To 5% Ethereum Supply Goal First, the Daily Active Addresses measures the total number of wallets that are coming online on the network every day. An address is said to come “online” on the network when it participates in some kind of transaction activity, whether as a sender ...

Prophet's AI-driven market launch highlights the increasing role of AI in prediction markets, potentially reshaping financial forecasting.
The post Prophet debuts AI-powered prediction market with $10K capital tranche appeared first on Crypto Briefing.

The reduced USAF presence may signal a shift towards diplomacy, potentially easing regional tensions and impacting geopolitical stability.
The post USAF reduces presence in Europe, West Asia amid Iran tensions appeared first on Crypto Briefing.

MicroStrategy's losses highlight the vulnerability of crypto investments to geopolitical tensions, affecting market stability and investor confidence.
The post Strategy reports wider loss amid Bitcoin price slump, geopolitical tensions appeared first on Crypto Briefing.

XRP price started a steady increase above $1.40. The price is now consolidating gains and might aim for more gains above the $1.4120 zone. XRP price started a steady increase above the $1.4080 zone. The price is now trading above $1.4040 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.4220. XRP Price Aims for Fresh Increase XRP price started a fresh upward move above $1.3980 and $1.40, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.4150 resistance. The bulls even pumped the price toward the $1.4220 zone. A high was formed at $1.4215, and the price started a co...

Institutional Bitcoin investments amid geopolitical tensions highlight cryptocurrency's role as a hedge against traditional market volatility.
The post BlackRock clients acquire $251M in Bitcoin amid geopolitical tensions appeared first on Crypto Briefing.

Iran's defiance of U.S. demands signals prolonged geopolitical tensions, hindering diplomatic resolutions and impacting regional stability.
The post Iran rejects US demands amid ongoing tensions and economic blockade appeared first on Crypto Briefing.

MicroStrategy's potential Bitcoin sales could impact market dynamics, influencing Bitcoin's price trajectory and investor sentiment.
The post Strategy may sell Bitcoin to cover STRC dividends, says Michael Saylor appeared first on Crypto Briefing.

Bitcoin (BTC) has staged a notable 21% recovery over the thirty-day timeframe, pushing the largest cryptocurrency in the market above the $81,000 level for the first time since January. Now, BTC is approaching one key resistance, which—if surpassed with a daily close—could open the door to another leg higher. Bitcoin Targets $89,000 And $94,000 Technical analyst Ali Martinez pointed to this momentum in a recent post on X (formerly Twitter), arguing that Bitcoin continues to show “structural strength.”  Martinez referenced a bullish Moving Average Convergence Divergence (MACD) crossover on Bitcoin’s weekly chart that occurred on April 13. Since that weekly signal appeared, BTC has gained roughly 15% in a relatively steady grind, reinforcing the idea that the trend may...

Ukraine's Gulf security ties expansion amid Iran's aggression may reshape regional alliances, impacting geopolitical stability and defense strategies.
The post Iran strikes UAE as Ukraine expands Gulf security ties appeared first on Crypto Briefing.