Analysis News

Bitcoin price failed to stay above $68,000 and dipped sharply. BTC is now consolidating losses and might struggle to recover above $66,000. Bitcoin started a fresh decline and traded below the $66,500 support. The price is trading below $66,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $64,500 and $64,200 levels. Bitcoin Price Dives Over 5% Bitcoin price failed to remain stable above the $67,200 zone. BTC started a fresh decline and traded below the $66,500 support zone. There was a push below $66,000. The price even spiked below $65,000. There was also a break below a bullish trend line ...

XRP on-chain pain has drawn fresh attention this week. Realized losses surged to nearly $2 billion over a one-week span. That kind of move grabs traders’ eyes because it often marks a clearing out of weaker holders. Related Reading: XRP Tipped As Central Bank Bridge Asset — Bigger Than Bitcoin? Santiment Shows Heavy Realized Losses According to Santiment, the spike is the biggest since 2022. Realized losses happen when people sell for less than what they paid. It is a measure of capitulation. In past cycles, similar spikes happened near major lows and were followed by strong rallies. 📉 BREAKING: XRP has seen its largest on-chain realized loss spike since 2022. When the previous weekly milestone of -1.93B in realized losses occurred 39 months ago, $XRP proceeded to ju...

Combining real estate with Bitcoin could redefine investment strategies and boost cash flow.
The post Grant Cardone: Combining real estate with Bitcoin creates an unmatched financial asset, why unit count is crucial for revenue, and how Bitcoin enhances cash flow | The Wolf Of All Streets appeared first on Crypto Briefing.

The crypto market has been showing signs of recovery, with the Bitcoin price trying to reclaim the psychological $70,000 over the past few days. Interestingly, the latest on-chain data suggests that the crypto market might just have the required liquidity to kickstart a resurgence. Stablecoin Inflows Surge During Key Support Retest In a recent QuickTake post on the CryptoQuant platform, market analyst CryptoOnchain revealed a dramatic increase in TRC-20 USDT balances on Binance, the largest cryptocurrency exchange by trading volume. Quoting data from CryptoQuant’s data, the on-chain analyst revealed that USDT reserves climbed from approximately $385 million on December 24 to about $5.2 billion as of February 21. What’s more interesting is, this roughly $4.8 billion s...

SBI Holdings has quietly rolled out a new on-chain bond designed to give ordinary investors direct exposure to XRP while keeping the product inside Japan’s regulated market. Related Reading: XRP Tipped As Central Bank Bridge Asset — Bigger Than Bitcoin? Reports say the issue by the Japan-headquartered financial group totals 10 billion yen and is being recorded, issued and managed on a blockchain system rather than through the usual securities infrastructure. SBI Starts A New Kind Of Bond Based on reports, the bonds — nicknamed the “SBI Start Bonds” in some coverage — are being tokenized on a platform called ibet for Fin, a system built by BoosTry to register and manage securities onchain. Investors who buy into the offering receive XRP roughly at the time their purch...

Bitcoin's path to quantum safety may be smoother than expected, with proactive steps already underway.
The post Matt Corallo: Most crypto wallets are quantum-safe, Bitcoin’s soft fork could require proof of seed phrase ownership, and the Ethereum Foundation is leading in quantum threat response | Unchained appeared first on Crypto Briefing.

Over the past few weeks, the Dogecoin price has largely been moving sideways in a critical range around $0.09 to $0.10. The meme coin has been oscillating between key support and resistance zones, as the bulls and bears can’t seem to decide the next price direction. The latest on-chain evaluation has identified a specific support level to watch out for the Dogecoin price in the coming days. Support Levels To Watch In a February 21 post on the social media platform X,  crypto analyst Ali Martinez identified a major critical support level around $0.096 and $0.074, with the latter price level seen as a deep demand wall for Dogecoin. This on-chain evaluation is based on the UTXO Realized Price Distribution (URPD), which tracks the amount of a cryptocurrency purchased at ...

Market analyst Michaël van de Poppe has noted an important on-chain development that implies a brewing market rebound. This market insight comes as Bitcoin continues to consolidate below $70,000, reporting a 2.38% loss in the past week. Related Reading: Bitcoin Whale Profit-Taking Sees 7th Surge Since 2024 — What To Expect Bitcoin Short-Term Sharpe Ratio Indicates Bear Market End In an X post on February 21, van de Poppe shares a bullish view on the Bitcoin market, referencing historical data of the Bitcoin Sharpe Ratio – an on-chain metric that measures how much excess return Bitcoin generates per unit of volatility. The Sharpe Ratio is cyclical. It’s highly positive during bull markets but turns negative during extended drawdowns. According to data shared by de Pop...

Over the past two weeks, the Bitcoin market saw an overwhelming sellers’ dominance, with no significant input from the bulls influencing the price. As the flagship cryptocurrency slipped into a downturn, investors increasingly fled the market out of fear, further pushing prices downwards. However, as the Bitcoin price seems to have found stability, an interesting on-chain revelation has also surfaced. If this change proves sustainable, it could mean something positive for the world’s leading cryptocurrency. Related Reading: Bitcoin Trades Below ETF Cost-Basis As MVRV Signals Mounting Pressure Accelerating OTC Outflows, Sign Of Possible Reversal? In their latest post on the CryptoQuant platform, CoinNiel shares an exciting hypothesis for the Bitcoin price, based on da...

A modest claim. A bold number. Both are on the table for Bitcoin this week as a debate over how to read short-term streaks in price gains grows louder. Related Reading: Bitcoin Market Bleeds $1 Trillion, Saylor Signals Strongest Crypto Conviction Yet Crypto analyst Timothy Peterson has pointed out that half of the last 24 months showed positive returns. Based on reports, he then gave a nearly 90% chance that Bitcoin would be higher in 10 months. That leap from a simple count to a firm probability is the headline grabber. It should be met with careful questions about how the odds were calculated and what assumptions were built into the model. Counting Positive Months Peterson based his view on a review of monthly performance data. Figures compiled by CoinGlass show th...