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Bitcoin Looks Overextended As Ethereum Shows Early Signs Of Accumulation – Capital Shift?
Bitcoin is once again testing critical support levels after briefly losing the $100,000 mark on Tuesday, raising questions about whether the market is entering the late stages of the current cycle. Despite short-term weakness, Bitcoin continues to appear overheated, while Ethereum seems to be sending a different, more resilient signal. Related Reading: Hot Money Floods […]
Bitcoin HODLers Have Already Realized More Profit Than Last Cycle, Report Reveals
A report from Glassnode suggests Bitcoin long-term holders have already realized more profit this cycle than in most of the previous ones. Bitcoin Long-Term Holder Profit-Taking Could Hint At Late-Stage Bull Phase In its latest weekly report, on-chain analytics firm Glassnode has discussed how the cumulative profit taken by the long-term holders (LTHs) has looked […]
Optimism floats OP buyback proposal using Superchain revenue
A new plan would tie OP token value to network performance by using half of all Superchain fee revenue for systematic repurchases.