Coinbase On The Move? Here’s Why The Exchange Moved Funds This Weekend

In a recent announcement, cryptocurrency exchange Coinbase revealed that it is conducting a scheduled migration of significant amounts of digital assets to new internal wallets. Why Move Funds To New Wallets? On Saturday, November 22, Coinbase executed the migration of large crypto funds (specifically Bitcoin and Ether tokens) from internal legacy wallets to fresh wallets. […]

Bitcoin Faces Potential Rally Trap As Smart Money Silently Reaccumulates — Details

A recent on-chain evaluation has been published, which suggests that Bitcoin may be entering into a classic deceptive phase in its market cycle, a dynamic that poses a trap for potential market participants expecting a straightforward price recovery. Related Reading: Historic Downturn: Bitcoin Nears Worst Weekly Performance In Over A Year ‘New Whales’ Capitulate, But […]

Historic Downturn: Bitcoin Nears Worst Weekly Performance In Over A Year

In a market renowned for its volatility, Bitcoin is currently navigating a particularly challenging period that is poised to mark an unfortunate milestone. As the trading week draws to a close, BTC is on track to post its worst weekly performance in over a year.  Will This Week Mark A Capitulation Point For Bitcoin? Bitcoin […]

Bitcoin Weak Institutional Demand Contradicts Long-Term Accumulation — What This Means

Bitcoin’s series of bearish swings has evidently instilled in its market participants a wave of pessimism bordering on flat-out fear. After losing almost 28% of its value this November, the flagship cryptocurrency looks set for the onset of a full bearish cycle. Interestingly, recent on-chain data has been released, which explores a few key metrics […]

Crypto Funds Experience Record Outflows: Is A Bear Market Starting?

The total crypto market cap declined by over 10% in the past week as widespread price correction continues among various digital asset classes. In particular, crypto investment funds, i.e, ETFs, have been significantly impacted by this extended price downswing, with institutional investors pulling out deposits in droves.  According to XWIN Research Japan, this development, among […]