Coin overview
MOVE
Ended--
Last price (USDT)
2.87M
24h total (USDT)
4.37M
Total vol (USDT)
2024-12-05 07:00:00 ~ 2024-12-09 11:30:00
Trading time (UTC+0)
2024-12-09 13:00:00 ~ 2024-12-09 17:00:00
Delivery time (UTC+0)
Total supply10.00B
Resources
Introduction
Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.
Bitcoin May Experience Sideways Movement Before Potential September Correction Amid Long-Term Bullish Sentiment
Bitcoin is predicted to face a significant price correction in September, following historical trends that often see summer rallies followed by declines. Analysts emphasize cautious trading in the coming weeks. Bitcoin’s historical pattern suggests a sideways movement before a September correction. Analysts predict short-term volatility in Bitcoin’s price action. Long-term sentiment remains bullish, driven by institutional interest and potential ETF approvals. Bitcoin price prediction suggests a correction in September as historical patterns indicate potential volatility. Stay informed about market trends. What is the current forecast for Bitcoin? The current forecast for Bitcoin indicates potential sideways movement, preparing for a price correction in September. Analysts are closely monitoring historical patterns that suggest a typical downturn after summer rallies. How might September’s correction affect the cryptocurrency market? September’s forecast correction may create short-term volatility for Bitcoin and correlated assets like Ethereum and Solana. Historical patterns from 2013 and 2017 show that these corrections often precede significant upward movements later in the year. Analysts advocate cautious trading in anticipation. Frequently Asked Questions Why do Bitcoin prices often drop in September? Bitcoin prices frequently drop in September due to historical trends where summer rallies are followed by profit-taking and correction phases. Analysts note this seasonal pattern as a guideline for traders. What should investors do during a potential Bitcoin price drop? Investors may consider viewing a price drop as a buying opportunity, especially if fundamental market indicators remain strong. Monitoring institutional investments can provide insight into long-term trends. Key Takeaways Bitcoin expected to move sideways before a correction in September.: Analyze historical patterns to understand potential market volatility. Experts predict significant short-term volatility for BTC.: Stay vigilant as market influences may cause price fluctuations. Long-term bullish sentiment persists among key analysts.: Institutional investments and ETF news could drive future price increases. Conclusion In summary, Bitcoin’s market entry in September is critical, with projections suggesting a correction is likely. The sentiment remains bullish among analysts, thanks to institutional interest and potential regulatory changes. As always, investors should be prepared for volatility while considering long-term strategies. In Case You Missed It: Qubic Community Votes to Target Dogecoin After Controversial Monero 51% Attack
Bitcoin Faces Potential Decline as Market Turns Red, Testing Key Support Levels
The crypto market has turned bearish, with Bitcoin (BTC) dropping 2.29% to $115,650. If it fails to bounce back from the local support of $114,955, further declines to $114,000 or even $112,000 may occur. Bitcoin’s current price is $115,650, reflecting a significant drop. The local support level is at $114,955, crucial for potential recovery. Analysts predict a possible decline to $112,000 if bearish trends continue. Stay updated on Bitcoin’s market trends and potential support levels. Discover more insights on crypto trading. What is Bitcoin’s Current Market Status? Bitcoin (BTC) is currently experiencing a downturn, with a 2.29% decrease in value, bringing its price to $115,650. The primary keyword is crucial for understanding the current market dynamics. How Does Bitcoin’s Price Movement Affect Investors? Bitcoin’s price fluctuations are critical for investors. As it approaches the local support of $114,955, a failure to recover could lead to further declines. Historical data shows that breaking this support often results in significant downward movements, emphasizing the need for vigilance. Frequently Asked Questions What should investors watch for in Bitcoin’s price? Investors should monitor the local support at $114,955. A failure to bounce back from this level could indicate further declines. How can Bitcoin’s price trends impact trading strategies? Understanding Bitcoin’s price trends is essential for developing effective trading strategies. Investors should be prepared for potential volatility based on market movements. Key Takeaways Current Price: Bitcoin is trading at $115,650. Support Levels: Watch for the critical support at $114,955. Market Outlook: Potential declines to $112,000 if bearish trends persist. Conclusion In summary, Bitcoin’s current market status shows a decline, with a price of $115,650. Investors should pay attention to key support levels and market trends to make informed decisions. Staying updated is vital for navigating the volatile crypto landscape. Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has fallen by 2.29% since yesterday. Image by TradingView On the hourly chart, the price of BTC is near the local support of $114,955. If a bounce back does not occur and the daily bar closes around that mark or below it, one can expect an ongoing downward move to the $114,000 zone. Image by TradingView On the longer time frame, there are no reversal signals yet. If the bar closes around the current prices and with no long wick, the decline may continue to the support of $112,000 by the end of the week. Image by TradingView From the midterm point of view, the price of the main crypto is declining after the previous bearish bar’s closure. If the drop continues to the nearest support level, there is a high chance to witness a support breakout, followed by a drop to the $110,000 range. Bitcoin is trading at $115,650 at press time. In Case You Missed It: BlackRock's Influence on Bitcoin and Ethereum ETFs: Speculations on Market Dynamics and Centralization Risks
Bhutan Bitcoin: Strategic $92M Shift Amid Ongoing Sales
The fascinating world of cryptocurrency often sees surprising players make significant moves. Recently, the Royal Government of Bhutan made headlines with a substantial shift of Bhutan Bitcoin. This action signals ongoing strategic decisions within the Himalayan kingdom’s digital asset portfolio, drawing attention from across the global financial landscape. What’s Behind Bhutan’s Latest Bitcoin Movement? In a notable development, the Royal Government of Bhutan transferred a staggering 799.69 BTC. This amount is valued at approximately $92.06 million, a truly significant sum in the crypto space. Onchain analysis, particularly from “Onchain Lens” on X, indicates these funds moved into two new wallets. It is highly probable these funds are destined for a major exchange, specifically Binance. This recent transfer is not an isolated incident. Reports suggest Bhutan has been actively selling Bitcoin in recent months, demonstrating a consistent pattern. For instance, a considerable 650 BTC transfer to Binance occurred in July. These methodical movements highlight a clear and consistent approach in Bhutan’s management of its digital currency holdings. Why Is the Royal Government Selling Its Bhutan Bitcoin? The question naturally arises: what motivates these consistent Bhutan Bitcoin sales? While official statements are often limited, several strategic factors could be at play: National Diversification: Governments typically aim to diversify their national reserves to mitigate risk. Converting volatile assets like Bitcoin into more stable fiat currencies or other traditional investments could be a prudent, long-term strategic move. Funding Development Projects: Proceeds from these substantial crypto sales could be channeled directly into various national development projects. This might include crucial infrastructure upgrades, educational initiatives, or improvements in healthcare services, providing tangible and immediate benefits to the Bhutanese people. Optimizing Market Timing: Like large institutional investors, governments might attempt to sell during periods of perceived market strength or when Bitcoin prices are particularly favorable. This approach aims to maximize the financial returns from their initial investments. These actions demonstrate a sophisticated understanding of both market dynamics and the imperatives of national financial planning. It showcases a forward-thinking approach to leveraging digital assets. How Has Bhutan’s Crypto Strategy Evolved? Bhutan’s involvement with Bitcoin dates back further than many realize. The country reportedly began accumulating Bitcoin when prices were significantly lower, possibly as early as 2019. This long-term foresight allowed them to accumulate a substantial stash before the major bull runs, positioning them advantageously. Their overarching strategy appears to be one of calculated accumulation during market dips and strategic divestment during peaks or when funds are critically needed for national objectives. This proactive and deliberate management of Bhutan Bitcoin assets positions the kingdom as a unique and intriguing player among sovereign entities in the global crypto arena. The inherent transparency offered by blockchain analytics allows observers to track these large movements with unprecedented clarity. This provides valuable insights into the kingdom’s financial operations, a level of openness often unparalleled in traditional government financial activities. What Are the Broader Implications of Bhutan’s Bitcoin Moves? Large-scale sales by sovereign entities like Bhutan can sometimes influence market sentiment, although the direct impact of 799 BTC on a multi-trillion dollar market is usually minimal in the long run. However, these moves do underscore several broader trends in the cryptocurrency space: Growing Government Adoption: It unequivocally reaffirms that governments are not just observing but actively engaging with and managing cryptocurrency assets. This moves beyond mere speculation and into practical application. Strategic Liquidation for Goals: It highlights that even early and successful adopters are willing to liquidate portions of their holdings. This is done for specific financial or developmental goals, demonstrating the practical utility of these assets. Enhanced Transparency: The public nature of blockchain data allows for unprecedented insight into large institutional movements. This fosters greater understanding of market flows and participants. These sales are not necessarily a bearish signal for the broader market. Instead, they can be interpreted as a sign of maturing institutional involvement in the crypto ecosystem. They emphasize the practical utility of digital assets for national finance and economic development. Concluding Thoughts on Bhutan’s Astute Bitcoin Journey The recent transfer of Bhutan Bitcoin holdings serves as a compelling example of a nation strategically managing its digital assets. From early, visionary adoption to methodical, calculated divestment, Bhutan demonstrates a thoughtful and pragmatic approach to leveraging cryptocurrency for national benefit. Their actions provide valuable insights into how sovereign entities might successfully integrate volatile digital assets into their broader financial strategies, emphasizing both the immense potential for gains and the crucial need for careful, informed management. This makes Bhutan a fascinating case study in the evolving landscape of state-level crypto engagement. Frequently Asked Questions (FAQs) 1. What is the Royal Government of Bhutan doing with Bitcoin? The Royal Government of Bhutan is strategically managing its Bitcoin holdings, which includes periodic transfers and sales, likely to fund national development projects or diversify national reserves. 2. How much Bitcoin did Bhutan recently move? Bhutan recently moved 799.69 BTC, valued at approximately $92.06 million, into new wallets, with indications that the funds are headed to Binance. 3. Why is Bhutan selling its Bitcoin holdings? Bhutan’s sales are likely driven by a strategy to diversify national assets, fund public projects, and optimize returns by selling during favorable market conditions. 4. When did Bhutan first acquire Bitcoin? Reports suggest Bhutan began accumulating Bitcoin as early as 2019, positioning them as an early sovereign adopter of the cryptocurrency. 5. What are the broader implications of Bhutan’s Bitcoin sales? These sales signify growing government engagement with crypto, demonstrate strategic liquidation for national goals, and highlight the increased transparency offered by blockchain data for large institutional movements. If you found this insight into Bhutan’s strategic Bitcoin movements valuable, share this article with your network! Help us spread awareness about the evolving role of cryptocurrencies in national economies. To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Crypto Market Greed Rises with Index at 64
Key Points: Crypto sentiment index records a “Greed” at 64 today. Bitcoin leads market optimism. Potential for increased volatility observed. Crypto Market Greed Rises with Index at 64 The Crypto Fear and Greed Index currently stands at 64, indicating a significant rise in investor optimism and a ‘Greed’ sentiment across major assets, primarily driven by Bitcoin. This reflects heightened market interest and potential volatility, as investors navigate increasing risk appetite, despite a lack of direct leadership comments or regulatory updates. The Crypto Fear and Greed Index The Crypto Fear and Greed Index , showing market sentiment, rose to 64 today. This indicates mounting optimism, with significant attention on Bitcoin, signaling increased investor enthusiasm across major digital assets. According to Alternative Data, today’s cryptocurrency Fear and Greed Index is 64 (yesterday was 56), indicating a market ‘greed’ sentiment. Current sentiment is determined by Alternative.me , a data analytics provider. There have been no statements from key figures like CEOs or founders regarding this change in market outlook. Market Reactions Market reactions reflect heightened trading and enthusiasm, led by Bitcoin with influences extending to Ethereum. Investor appetite correlates with historical trends of increased activity during high greed periods. Financial implications include potential market fluctuations. Social dynamics remain strong, though official guidelines remain unchanged, implying consistent but wary growth across sectors. Market Movement Market movement reflects previous phases of enthusiasm. Traders, seeing parallels with past high greed moments, anticipate possible corrections. Historical events suggest potential short-term gains followed by volatility. Insights indicate that regulatory conditions remain stable, with no new policies disrupting the market. Increased trading activity can lead to potential gains, though caution remains due to historical volatility trends. Observers are closely watching Bitcoin’s performance.
Solana Faces Potential Drop to $160 Amid Resistance
What to Know: Solana may drop to $160 if resistance is not surpassed. Price sensitive to Bitcoin volatility and macro conditions. Impact on DeFi assets and potential for rapid market shifts. Solana Faces Potential Drop to $160 Amid Resistance Solana’s trading range in August 2025 indicates a potential drop to $160 if it fails to surpass the $185 resistance level, according to exchange data and market sources. The price decline could impact Solana’s DeFi ecosystem and token liquidity, while macroeconomic factors and Bitcoin volatility add extra layers of risk to the market sentiment. Solana’s trading range indicates a risk of falling to $160 in August 2025 if it fails to breach resistance levels. The trading range highlights significant market implications, with broader effects on DeFi assets and liquidity contingent on maintaining key support levels. Solana’s $160 Price Risk Amid Resistance Challenges In August 2025, Solana’s price is under pressure, with a trading range suggesting a decline to $160 if resistance remains unbroken. These levels are central to analyzing future price movements. Market leaders like Yakovenko and Gokal have not commented on these shifts, with major insights coming from exchanges. Resistance levels and macro factors are crucial. Potential DeFi Impact from Solana’s Price Movement The potential price shift could cause widespread effects across Solana’s ecosystem, impacting DeFi assets. The high trading turnover further accentuates market sensitivity. Financial implications include potential changes to liquidity and investment flows, with no new capital linked directly to the support level situation as of August 2025. Lessons from Solana’s Historical Price Declines Past events, such as a failure at $140, have led to accelerated declines in Solana and other tokens. These occurrences provide context for current trading patterns. If the $160 support fails, analysts project swift adjustments in Solana’s market positioning, reflecting familiar trends observed during previous bearish periods. “If Solana fails to hold above $185, we may witness a drop to $160 as technical pressures mount.” — Solana Analyst, Coin Edition
SHIB Price Analysis: Potential Sideways Trading Amidst Bearish Pressure and Low Volume
SHIB, or Shiba Inu, is a cryptocurrency that has recently seen a 0.12% price increase. Currently trading at $0.00001290, it is experiencing sideways movement between key support and resistance levels. Current Price Movement: SHIB is trading at $0.00001290 with a slight increase over the last day. Market Sentiment: The market is currently bearish, indicating potential downward pressure. Price Range: SHIB is fluctuating between support at $0.00001173 and resistance at $0.00001428. Stay updated on SHIB’s price movements and market trends. Learn more about cryptocurrency trading today! What is SHIB? SHIB, or Shiba Inu, is a decentralized cryptocurrency that has gained popularity as a meme coin. Currently, SHIB is trading at $0.00001290, reflecting a 0.12% increase over the last day. How does SHIB perform in the market? SHIB’s performance shows a bearish trend on the hourly chart, with a recent false breakout at the resistance level of $0.00001303. If selling pressure persists, a drop to the $0.00001270 area is anticipated. The overall market sentiment remains neutral, with ongoing sideways trading expected. Frequently Asked Questions What are the key support and resistance levels for SHIB? The key support level for SHIB is at $0.00001173, while the resistance level is at $0.00001428, indicating a wide trading range. Why is SHIB experiencing sideways trading? SHIB is experiencing sideways trading due to a lack of strong buying or selling pressure, with the price fluctuating within established support and resistance levels. Key Takeaways Price Stability: SHIB is currently stable, trading at $0.00001290. Market Dynamics: The market sentiment is bearish, suggesting potential downward movement. Trading Range: SHIB is expected to continue trading sideways between $0.00001173 and $0.00001428. Conclusion In summary, SHIB is currently trading at $0.00001290, showing a slight increase of 0.12%. The market is experiencing bearish sentiment, with key support and resistance levels established. As trading continues, investors should monitor these levels closely for potential price movements. SHIB chart by CoinStats SHIB/USD The price of SHIB has risen by 0.12% over the last day. Image by TradingView On the hourly chart, the picture is bearish as the rate is falling after a false breakout of the local resistance of $0.00001303. If sellers’ pressure continues, one can expect a dump to the $0.00001270 area. Image by TradingView On the bigger time frame, the picture is neither bullish nor bearish. The rate of SHIB is in the middle of the wide channel between the support of $0.00001173 and the resistance of $0.00001428. As neither side is dominating, ongoing sideways trading is the more likely scenario. Image by TradingView From the midterm point of view, the situation is similar. The volume is falling, which means traders are unlikely to see sharp moves by the end of the month. SHIB is trading at $0.00001290 at press time. In Case You Missed It: Top Win International's $10M Bitcoin Investment Suggests New Institutional Interest in Asia's Digital Currency Strategies
Toncoin (TON) Price Prediction for August 17, 2025: Will TON Break $3.55 To Challenge $3.70 Resistance?
The price of Toncoin is currently around $3.49, which is a strong level after it fell to a low of $3.14 earlier this month. On the daily chart, TON has been coiling inside a wide accumulation structure. Smart money concepts like BOS and CHoCH show that buyers are slowly gaining control. There is a lot of demand in the $2.90–$3.00 range, and the fact that it keeps getting rejected from $3.70 shows that this is the next big resistance zone. TON price dynamics (Source: TradingView) TON price dynamics (Source: TradingView) TON has broken out of its broader downtrend from March lows and is now trading above the diagonal trendline resistance. This structural change, together with consistent higher lows since July, suggests strengthening bullish intent. Why Is The Toncoin Price Going Up Today? TON Spot Inflow/Outflow Data (Source: Coinglass) One reason why the Toncoin price going up today lies in improving liquidity flows. Exchange data shows a positive net inflow of $1.15M on August 16, coinciding with TON’s climb toward $3.50. This indicates renewed market participation on the buy side. On the intraday chart, TON is pressing against the $3.55 resistance after reclaiming the 0.5 Fibonacci retracement level at $3.44. The Parabolic SAR dots have flipped below price, confirming a short-term bullish bias. Bollinger Bands, EMAs, and Market Momentum TON price dynamics (Source: TradingView) The 4-hour chart shows Bollinger Bands contracting, with TON now attempting a squeeze breakout. Price is holding above the 20, 50, and 100 EMA cluster between $3.31 and $3.44, showing that the dynamic moving averages are now acting as support. The 200 EMA at $3.39 is also aligned below current levels, adding further stability. TON price dynamics (Source: TradingView) Momentum indicators confirm the bullish tilt. The RSI on the 30-minute chart is at 63, staying just below overbought levels but signaling firm demand. MACD has completed a bullish crossover, with the histogram building upward momentum. TON price dynamics (Source: TradingView) Directional Movement Index (DMI) shows the +DI leading above the -DI, while ADX remains steady, indicating a developing trend. Meanwhile, the Supertrend indicator has shifted into a green zone after last week’s correction, providing additional support for upward continuation. Toncoin Price Prediction: Short-Term Outlook (24H) TON price dynamics (Source: TradingView) In the near term, the price action of Toncoin is poised to pivot between $3.55 and $3.60. A breakout above this level with volume confirmation could open the path toward $3.70, followed by $3.85. Beyond that, the next supply zone lies closer to $4.00. On the downside, failure to close above $3.55 may result in another pullback toward $3.44 and potentially $3.37, the 0.382 Fib retracement. A deeper decline would retest the $3.25 to $3.30 support zone, where previous demand re-emerged. Overall, with EMAs stacked below price, bullish crossovers in momentum indicators, and liquidity data improving, Toncoin appears positioned for an upside attempt. Traders should watch the $3.55 breakout zone closely. Toncoin Price Forecast Table: August 17, 2025 Indicator/Zone Level / Signal Toncoin price today $3.49 Resistance 1 $3.55 Resistance 2 $3.70 Support 1 $3.44 Support 2 $3.30 EMA Cluster (20/50/100/200, 4H) $3.31–$3.44, stacked bullish RSI (30-min) 63.4 (bullish momentum) MACD (30-min) Bullish crossover Parabolic SAR (4H) Bullish, dots below price Supertrend (4H) Flipped bullish near $3.38 Liquidity Netflow (Aug 16) +$1.15M inflow, bullish signal
Bitcoin Price Plunges: BTC Falls Below $117,000 Amidst Market Volatility
The cryptocurrency world is buzzing with recent developments as the Bitcoin price has taken a notable dip. According to live market monitoring, the flagship digital asset has fallen below the critical $117,000 mark. This sudden movement has caught the attention of investors and analysts alike, prompting discussions about the immediate future of the crypto market. On the Binance USDT market, BTC price is currently trading at $116,988.64, a figure that signals a shift in recent market sentiment. What Triggered This Bitcoin Price Drop? The recent descent of Bitcoin price below $117,000 is a significant event that many are trying to understand. While specific catalysts can sometimes be pinpointed, often these movements are a confluence of various factors. Global economic indicators, shifts in investor confidence, and even large institutional trades can all play a role in influencing the value of such a prominent digital asset. This particular drop, observed through comprehensive market monitoring, highlights the inherent dynamism of the cryptocurrency space. It is important to remember that the crypto market operates 24/7, reacting swiftly to global news and sentiment. Unlike traditional markets, there are no closing bells, meaning price action can occur at any moment. This constant activity contributes to the rapid shifts we frequently observe, including sharp corrections like the one seen with BTC price recently. Understanding Current Crypto Market Dynamics The broader crypto market often moves in tandem with Bitcoin, given its dominant position. When Bitcoin experiences significant market volatility, other altcoins often follow suit, albeit sometimes with greater intensity. This interconnectedness means that a drop in Bitcoin price can send ripples across the entire ecosystem of digital assets. Investors are constantly assessing these dynamics to make informed decisions. Current market conditions are influenced by a mix of factors, including inflation concerns, interest rate expectations, and geopolitical events. These macroeconomic elements can impact investor appetite for risk assets, which cryptocurrencies are largely considered to be. Therefore, understanding the bigger picture beyond just the immediate price action is crucial for any participant in this space. What Does This BTC Price Movement Mean for Digital Assets? For those holding or considering investing in digital assets, a dip in BTC price can present both challenges and potential opportunities. Short-term traders might see this as a chance to capitalize on volatility, while long-term holders often view such corrections as normal market cycles, or even opportunities to accumulate more at a lower cost. However, it is essential to approach such situations with caution and a well-defined strategy. The impact on other cryptocurrencies can vary. Some might show resilience, while others could experience sharper declines. This divergence underscores the importance of diversification within a crypto portfolio. Always conduct your own research before making any investment decisions, especially during periods of increased market volatility. Navigating Market Volatility: Key Considerations Periods of market volatility, like the recent dip in Bitcoin price, can be unsettling. However, adopting a disciplined approach can help investors navigate these times more effectively. Here are some key considerations: Stay Informed: Keep abreast of market news, economic indicators, and regulatory updates. Reliable sources provide timely insights. Risk Management: Never invest more than you can afford to lose. Consider setting stop-loss orders to limit potential downsides. Long-Term Perspective: Many seasoned investors advocate for a long-term view, understanding that short-term fluctuations are part of the crypto journey. Diversification: Spreading investments across different digital assets can help mitigate risk, though it does not guarantee profits. Avoid Emotional Decisions: Price drops can trigger fear, but making impulsive decisions based on emotion often leads to unfavorable outcomes. Stick to your pre-defined investment plan. The current BTC price action serves as a reminder that while cryptocurrencies offer exciting potential, they also come with inherent risks. Diligence and a clear understanding of your investment goals are paramount. In conclusion, the recent fall of Bitcoin price below $117,000 is a notable event in the fast-paced crypto market. While it signifies a period of increased market volatility, it also underscores the importance of informed decision-making for anyone involved with digital assets. Staying vigilant, understanding market dynamics, and adhering to sound investment principles are crucial for navigating the ever-evolving landscape of cryptocurrency. Frequently Asked Questions (FAQs) Q1: Why did the Bitcoin price fall below $117,000? A1: The recent fall in Bitcoin price is likely due to a combination of factors, including broader macroeconomic trends, shifts in investor sentiment, and specific large trades. The cryptocurrency market is highly sensitive to global economic news and overall risk appetite. Q2: Is this a normal occurrence in the crypto market? A2: Yes, periods of market volatility are common in the crypto market. Cryptocurrencies, especially Bitcoin, are known for their price swings. These fluctuations are part of the asset class’s nature and can be influenced by various internal and external factors. Q3: What should investors do during such BTC price dips? A3: During BTC price dips, investors often consider several strategies. These include staying informed, managing risk through stop-loss orders, maintaining a long-term perspective, diversifying their portfolio of digital assets, and avoiding emotional trading decisions. Q4: Will Bitcoin recover its value? A4: Predicting future price movements is challenging. Historically, Bitcoin has shown resilience and recovered from significant drops. However, past performance is not indicative of future results. The recovery will depend on overall market sentiment, adoption, and macroeconomic conditions. Q5: How does Bitcoin’s price impact other digital assets? A5: Given Bitcoin’s dominance, its price movements often influence the broader crypto market. A significant drop in Bitcoin price can lead to declines in altcoin values, while a recovery can often pull other digital assets up as well. This is due to Bitcoin’s role as a primary liquidity pair and market leader. Was this article helpful in understanding the recent Bitcoin price movements? Share your thoughts and this article with your network on social media! Your insights help foster a more informed cryptocurrency community. Let’s continue the conversation about the future of digital assets! To learn more about the latest Bitcoin price trends, explore our article on key developments shaping Bitcoin price action.
Chainlink Targets $26.50 as Monthly Chart Breaks Key Gann Level
Chainlink has broken a major Gann angle that held price down for over a year. The next resistance level sits near $26.50 with $38.50 as a further upside target. Holding above $19.50 keeps the bullish setup intact for the coming months. Chainlink (LINK) is trading at $24.07, down 2.04% in the latest session, while its monthly chart shows a potential move toward $26.50. The structure reveals price breaking through a key Gann resistance zone, opening the path for higher targets in the current bullish cycle. Chainlink LINK 1M Gann Fan pic.twitter.com/pcuOVsmGBm — Tony "The Bull" Severino, CMT (@TonyTheBullCMT) August 13, 2025 Gann Fan Structure and Price Levels The chart uses a Gann fan overlay to map potential support and resistance lines. Gann analysis divides price action into geometric angles that can signal trend strength and turning points. LINK’s price action since early 2023 has gradually climbed from sub-$6 lows, moving upward through multiple Gann resistance levels. Each break above an angled line has been followed by a period of consolidation before attempting the next level. The $26.50 area, represented by the 2/1 Gann angle, now stands as the next major resistance. Above this, the $38.50 and $52.00 zones are marked as potential long-term targets, aligning with higher Gann angles. Historical Movement and Resistance Breakouts In 2021, LINK peaked near $52 before entering a prolonged downtrend, which saw it fall through multiple Gann support lines. This decline lasted until mid-2022 when price stabilized within the $5 to $9 range. From early 2023, a steady recovery began, with LINK moving past the 1/1 and 3/4 Gann angles. This climb has been punctuated by corrective pullbacks, each finding support at prior breakout lines, maintaining the integrity of the trend structure. The most recent bullish candle broke decisively above the 1/1 purple line, a level that had capped price for over a year. Sustaining above this zone is critical for continuing the advance toward $26.50. Forward Outlook and Key Price Zones If LINK maintains momentum, the path toward $26.50 could unfold over the coming months, with intermittent consolidations. This level coincides not only with the Gann projection but also with horizontal resistance from prior highs in 2025. Beyond $26.50, the Gann 3/2 angle suggests a potential target of $38.50, with the final major resistance at $52 marking the upper boundary for the current cycle. Each of these levels will likely present selling pressure, requiring significant volume to overcome. On the downside, failure to hold above $19.50 could return LINK to the mid-$13 range, where the lower Gann support intersects. This would challenge the bullish setup and could extend consolidation before any further upward moves. With LINK positioned at a key technical inflection point and Gann levels mapping a clear path, could this be the beginning of its next major rally phase toward multi-year highs?
Is DePIN Dead? Expert Reveals Why 2025 Will Be Its Breakthrough Year
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO and co-founder of NodeOps, a DePIN protocol, emphasized that the sector isn’t dead; rather, it will have an inevitable breakthrough in 2025. Why Was DePIN Famous? Naman Kabra explained that DePIN’s initial growth was driven by crypto’s promise of decentralizing critical infrastructure. Projects like Helium demonstrated how decentralized networks could efficiently deploy physical infrastructure, outpacing traditional telecom providers. “This wasn’t cost arbitrage but proof that decentralized coordination could outperform centralized planning in complex infrastructure deployment. For those of us who understood Bitcoin’s distributed consensus breakthrough, seeing similar principles applied to physical infrastructure felt like crypto’s natural evolution,” Kabra told BeInCrypto. He added that DePIN offered investors a solution to the artificial scarcity and geographic monopolies controlled by traditional providers. For developers, it provided the chance to build on infrastructure that would grow more decentralized over time rather than succumb to the rent extraction and platform risk posed by centralized services. Nonetheless, this year the sector hasn’t had the best time. According to Onchain Magazine, the total market capitalization of DePIN projects reached $25 billion in 2024. However, since then, the market has experienced a noticeable decline in value. DePIN Sector Performance. Source: CoinGecko Despite this, Kabra noted this ‘slowdown’ is simply the sector maturing. He said that this process, “Represents the sector’s transition from speculative excitement to infrastructure reality, a process that always appears less dynamic than token-driven narratives but creates more sustainable value.” Kabra also drew parallels to Bitcoin’s evolution, from cypherpunk curiosity to institutional infrastructure. “Early Bitcoin adoption was driven by ideological conviction and speculative opportunity. The first major cycle brought mainstream attention but also unsustainable expectations. The crash and subsequent bear market winnowed out projects that couldn’t deliver utility without speculative support. DePIN is following a similar path,” he mentioned. Kabra stressed that the initial surge of interest provided crucial attention and capital to validate the technical viability of DePIN projects. Now, in this ‘apparent slowdown’ phase, focus is shifting from speculative token growth to proving long-term utility. Thus, filtering out weaker projects ultimately strengthens the sector by highlighting what approaches deliver real value. Why DePIN’s ‘Boring’ Trajectory Is Its Biggest Strength in 2025 While DePIN’s potential is strong, its popularity isn’t. According to data from Sharpe AI, over the past three months, layer1, DeFi, meme coins, and real-world assets’ mindshare has grown, continuing to dominate crypto discussions. In contrast, DePIN remains a little far down in this list. Crypto Sector Mindshare. Source: Sharpe AI This raises the question: Is DePIN the most boring crypto narrative in 2025? According to Kabra, this narrative that DePIN is ‘boring’ reveals a fundamental misunderstanding of how transformative infrastructure operates. “This perception actually signals DePIN’s maturation beyond speculative excitement into genuine utility. The most successful technologies become invisible precisely because they work so well they fade into the background,” the executive said Kabra pointed out that technologies like TCP/IP protocols and Amazon Web Services, though crucial to our digital lives, rarely make headlines or trend on social media. This invisibility paradox suggests that DePIN is transitioning towards real utility, moving beyond speculative hype into something more foundational and impactful. “Infrastructure becomes interesting only when it fails, see for example power grids make headlines during blackouts, internet providers trend during outages. DePIN’s ‘boring’ trajectory indicates it’s achieving the ultimate infrastructure goal: reliable invisibility. While crypto focuses on meme coins and AI tokens, DePIN builders are constructing the infrastructure foundations for Web3’s next phase,” he added. The DePIN proponent also noted that the sector faces a mismatch with crypto’s attention economy. In the crypto space, narrative velocity, short-term price fluctuations, and speculative excitement often overshadow the delivery of real utility and long-term value. DePIN operates on infrastructure timelines, measured in years of steady development, whereas crypto’s attention spans are more attuned to rapid narrative cycles measured in just weeks. This leads to the undervaluation of the sector, which generates real revenue from service delivery, compared to tokens promising unproven breakthroughs. “The irony is profound: while speculators chase AI tokens that may never deliver on their promises, DePIN networks are solving real infrastructure problems that become more valuable as AI adoption accelerates. The computing resources needed for AI workloads don’t materialize from token speculation—they require the unglamorous work of coordinating distributed hardware, managing service quality, and creating reliable infrastructure,” Kabra highlighted. He stated that the ultimate goal for DePIN isn’t to win mindshare within the crypto space but to become so integral to digital operations that its decentralized nature fades into the background as essential infrastructure. “DePIN can be as boring as water… until you’re thirsty. And for many organizations facing AI-driven compute scarcity and cloud oligopoly pricing, that thirst is approaching rapidly,” Kabra commented. Is DePIN Dead? Here’s Why 2025 Marks Its Revival Meanwhile, Kabra emphasized that DePIN is not going anywhere and will have a breakthrough this year. “Far from being dead, 2025 marks DePIN’s inevitable breakthrough, not through speculative fervor, but through the quiet revolution of shared ownership meeting genuine necessity,” he disclosed to BeInCrypto. Kabra argued that DePIN represents a return to crypto’s core principles. It offers a solution beyond the false choice between institutional adoption and mainstream utility. Furthermore, the space creates enterprise-grade and community-owned networks, addressing the growing scarcity of infrastructure driven by AI demand. He added that as centralized providers focus on profit, DePIN provides a decentralized alternative that is becoming essential. This shift mirrors historical patterns, like the rise of alternative lending platforms after the 2008 financial crisis. “The choice won’t be between decentralized and centralized infrastructure but between shared ownership and digital feudalism. DePIN offers a path where infrastructure serves users rather than extracting from them, where network effects benefit participants rather than platform owners,” Kabra declared. Expert Sees Untapped Potential in DePIN The NodeOps CEO outlined several key opportunities for innovation within the DePIN space, emphasizing that it is far from reaching its peak. “Rather than reaching peak innovation, DePIN is entering its most crucial development phase. The infrastructure layer of any technology stack typically follows a predictable evolution: initial proof of concept, speculative expansion, market correction, and mature optimization,” Kabra claimed. He explained that DePIN’s modular approach enables horizontal innovation throughout the infrastructure stack. The opportunities include: AI-Native Infrastructure: DePIN can optimize infrastructure for AI workloads, offering dynamic resource allocation, specialized hardware for AI tasks, and geographic distribution for edge computing. This addresses demands that traditional infrastructure struggles to meet. Edge Computing Democratization: DePIN networks are well-suited for the distributed model required by the growing number of IoT devices. By coordinating resources across diverse locations, rather than relying on centralized data centers, DePIN can optimize for latency, cost, and reliability. Revenue-Based Tokenomics: Kabra highlighted the potential for DePIN projects to implement burn-and-mint mechanisms tied to infrastructure usage. This would establish sustainable token demand based on utility. Hybrid Economic Models: Innovation is also happening in combining traditional business models with cryptoeconomic coordination, which can expand DePIN’s appeal beyond crypto-native users. Evolving Economic Coordination Models: Lastly, he pointed out that a critical innovation opportunity lies in moving beyond simple token-for-service models to more sophisticated economic mechanisms. Early DePIN projects faced challenges with token utility design, creating artificial demand through staking or governance participation that didn’t align with the actual infrastructure value. Kabra also identified several promising, yet underexplored, use cases for DePIN, offering new opportunities. “The most promising unexplored territory lies at the DeFi-DePIN intersection, where infrastructure becomes financialized through new primitives. We’re seeing early experiments in infrastructure bonds, compute futures, and bandwidth derivatives that let users hedge or speculate on network capacity,” he revealed. The expert drew attention to another significant frontier: the transformation from “rented ownership” to true ownership. In this model, end-user devices such as smartphones, laptops, or IoT devices become monetizable network nodes. “This creates new economic models where users capture value from their own infrastructure usage rather than paying rent to platforms. These primitives enable infrastructure-backed lending, yield farming on network capacity, and governance tokens tied to actual resource provision—fundamentally restructuring how we interact with and benefit from digital infrastructure,” Kabra elaborated. What Is Hindering DePIN’s Adoption? In addition to focusing on its use cases, Kabra acknowledged several challenges preventing DePIN from mass adoption. Technical Complexity: This arises from the gap between blockchain development and traditional IT expectations. Early projects required users to manage crypto wallets and understand tokenomics, creating friction. User Engagement: These issues stem from forcing users to act as token traders, creating barriers for organizations that want infrastructure without crypto complications. Coordination Challenges: It involves balancing supply and demand, with DePIN needing to bootstrap both sides while maintaining decentralization. He explained that the solution to improving user engagement lies in creating multiple interaction layers. In this system, crypto users can engage directly with tokens, while mainstream users access infrastructure through traditional methods. To tackle coordination challenges, Kabra suggested, “The breakthrough occurs as networks reach critical mass, where market dynamics become self-sustaining. Early adopters provide initial supply and demand, token incentives bridge the gap during growth phases, and eventual network effects create organic coordination that doesn’t require constant intervention.” What Will Make DePIN Interesting Again? While Kabra advocated previously that DePIN doesn’t need to win mindshare, he still acknowledged the need to take steps to attract investor attention again. “DePIN projects need to ignite curiosity rather than hide behind boring infrastructure narratives! The opportunity lies in making decentralized infrastructure irresistibly compelling—not just functionally superior,” he remarked. According to him, to regain momentum in 2025 and beyond, DePIN projects can: Gamify Participation: Make infrastructure engaging by offering interactive experiences like deploying nodes, earning credits, or contributing bandwidth. Create Multi-Channel Experiences: Host events, workshops, and challenges that turn infrastructure into tangible, shareable moments. Form Strategic Partnerships: Collaborate with traditional infrastructure giants while demonstrating DePIN’s advantages, creating market tension. Introduce Novel Access Models: Use subscription, pay-per-use, or passive income models to make infrastructure personally compelling. Promote Shared Ownership: Help users realize they co-own the internet’s future, fostering a sense of belonging and empowerment. Create a Movement: Position decentralized infrastructure as a movement, not just a service, to inspire excitement and participation. Thus, these strategies can make DePIN more engaging, compelling, and attractive to users and investors.
Dogecoin’s Pullback to $0.2239 May Signal Potential Breakout Towards $0.27 Resistance
Dogecoin (DOGE) is currently experiencing a pullback at $0.2239, which may lead to a breakout above $0.27 resistance. Analysts predict a potential upside of 18.19%, with a target price of $6.94 based on historical trends. Dogecoin’s current price is $0.2239, showing an 11.25% increase in the last 24 hours. The bullish flag pattern indicates a possible continuation of the uptrend. Analyst CryptoKaleo forecasts a staggering 2,777.92% increase, potentially reaching $6.94 per DOGE. Stay updated on Dogecoin’s price movements and potential breakout opportunities. Discover more insights on crypto trends today! What is Dogecoin and its Current Price Trend? Dogecoin (DOGE) is a cryptocurrency that started as a meme but has gained significant traction in the market. Currently, it is trading at $0.2239, following a pullback after a strong rally from the $0.20 support level. How Does Dogecoin’s Price Movement Affect Investors? Dogecoin’s price movement is crucial for investors as it indicates market sentiment. A pullback often allows for stabilization, and if the price holds above $0.20, traders anticipate an 18.19% upside toward $0.26. This could signal a bullish trend, attracting more investors. Frequently Asked Questions What is the potential price target for Dogecoin? Analysts predict a potential price target of $6.94 for Dogecoin, based on historical trends and market analysis. How does Dogecoin’s price compare to Bitcoin? Dogecoin is often referred to as the ‘Bitcoin of memecoins,’ and its price movements can reflect broader market trends similar to Bitcoin. Key Takeaways Current Price: Dogecoin is at $0.2239, indicating a recovery phase. Market Sentiment: Bullish patterns suggest potential upward movement. Future Projections: Analysts foresee a significant price increase, potentially reaching $6.94. Conclusion In summary, Dogecoin’s current price action at $0.2239 suggests a critical moment for traders. With potential resistance at $0.27 and bullish indicators, the outlook remains optimistic. Investors should stay vigilant as market dynamics evolve. In Case You Missed It: XRP Whales Accumulate 900 Million Tokens Amid Price Stability, Suggesting Potential for Future Breakout
XRP Shows Early Signs of Growth Amid Market Trends, Potential Support Levels Under Review
XRP is currently trading at $3.2257, having risen by 1.05% over the last day. Key support is at $3.1720, while resistance is noted at $3.333. XRP’s price has bounced off resistance at $3.333, indicating potential for further decline if it fails to hold above $3.1720. The daily candle closing below $3.1720 could lead to a drop to the $3.10-$3.15 range. Buyers need to secure a position above $3.40 for a bullish outlook in the midterm. Today’s analysis reveals XRP’s current trading position and critical levels to watch for traders, emphasizing the importance of monitoring support and resistance. Price Level Current Value Trend Direction Support $3.1720 Bearish if broken Resistance $3.333 Bearish if not surpassed What is the Current Price of XRP? The current price of XRP is $3.2257, reflecting a 1.05% increase over the last 24 hours. Traders should monitor the support level at $3.1720 closely. How Does XRP’s Price Movement Affect Traders? XRP’s price movement is crucial for traders as it indicates market sentiment. If the price closes below the support level, it may trigger further selling pressure, while a close above $3.40 could signal a bullish trend. Frequently Asked Questions What is XRP’s recent price trend? XRP has shown a positive trend with a 1.05% increase today, but it is essential to watch the support level at $3.1720 for potential reversals. How can traders react to XRP’s price movements? Traders should consider setting stop-loss orders near the support level and look for buying opportunities if the price breaks above $3.40. Key Takeaways XRP is trading at $3.2257: This reflects a 1.05% increase, indicating short-term bullish sentiment. Watch the $3.1720 support level: A close below this could lead to further declines. Buyers need to push above $3.40: This level is crucial for a potential bullish reversal. Conclusion In summary, XRP’s price is currently at $3.2257, with critical levels to monitor. Traders should be cautious around the $3.1720 support and look for bullish signals above $3.40. Staying informed on market trends is essential for successful trading. Most of the coins have started a new week with ongoing growth, according to CoinMarketCap. Top coins by CoinMarketCap XRP/USD The rate of XRP has risen by 1.05% over the last day. Image by TradingView On the hourly chart, the price of XRP is coming back to the local support level of $3.1720. If the daily candle closes near that mark or below it, the decline is likely to continue to the $3.10-$3.15 area. Image by TradingView On the longer time frame, the rate of XRP has once again bounced off the resistance of $3.333. If the bar closes with a long wick, the decline may continue to the $3.10 range shortly. Image by TradingView A similar picture can be seen on the weekly chart. However, it is just the beginning of the week, which means it is too early to make any long-term predictions. All in all, if buyers want to seize the initiative in the midterm, they need to fix above the $3.40 zone. XRP is trading at $3.2257 at press time. In Case You Missed It: BNB Chain and XRPL Show Promise in RWA Growth Amid Broader Market Challenges
ENS Token Transfer: Unpacking a Massive $4M Crypto Exchange Movement
The world of cryptocurrency is always buzzing with activity, and a recent development involving a significant ENS token transfer has certainly caught the attention of market observers. This particular event highlights the dynamic nature of digital asset movements and the crucial role of platforms like the Ethereum Name Service in the broader blockchain ecosystem. What Exactly Happened with This ENS Wallet Activity? In a notable move, an Ethereum Name Service (ENS) multi-signature wallet recently transferred a substantial amount of tokens. Reports from EmberCN on X indicate that 141,937 ENS tokens, valued at approximately $4.02 million, were moved within a short timeframe. This immediate and significant ENS wallet activity quickly became a point of discussion among crypto enthusiasts. Recipient 1: 72,437 ENS tokens were sent to FalconX. Recipient 2: 69,500 ENS tokens were transferred to Coinbase. Such large-scale transfers often signal strategic decisions by the wallet’s controllers, prompting questions about their underlying motivations and potential future actions. Why Does This Large ENS Transaction Matter? Understanding the implications of a large ENS transaction like this is crucial for anyone tracking the crypto market. When millions of dollars worth of tokens shift hands, especially to major exchanges, it can have various ripple effects. This particular transfer involves ENS, a fundamental component of the Ethereum ecosystem, which adds another layer of interest and importance. Firstly, the movement of tokens to exchanges like FalconX and Coinbase often precedes potential selling activity. While not always the case, it suggests that the tokens are being positioned for increased liquidity or distribution. Secondly, it showcases the operational security and capabilities of an Ethereum Name Service multi-signature wallet, designed to manage significant digital assets securely and efficiently. Analyzing the Crypto Exchange Movement to FalconX and Coinbase The choice of destinations—FalconX and Coinbase—is particularly noteworthy in this crypto exchange movement. Coinbase is a globally recognized retail and institutional exchange, known for its broad user base and strong regulatory compliance. FalconX, on the other hand, operates primarily as an institutional prime broker, facilitating large-volume trades for professional investors and institutions. This dual destination strategy could indicate several things about the wallet’s intentions: Diversification of Liquidity: Spreading tokens across different platforms might aim to minimize market impact if a large sale occurs. Strategic Partnerships: It could reflect ongoing relationships or specific trading agreements with these reputable platforms. Operational Efficiency: Utilizing established exchanges ensures efficient execution for such a significant ENS token transfer, allowing for swift action. The inherent transparency of blockchain allows us to observe these movements, even if the exact reasons behind them remain speculative. What Are the Broader Implications for Ethereum Name Service? The Ethereum Name Service is more than just a token; it’s a decentralized naming system for wallets, websites, and more on the Ethereum blockchain. This infrastructure is vital for making crypto more user-friendly and accessible. While this specific ENS wallet activity is a token transfer, it indirectly highlights the health and active management of assets associated with a key project in the decentralized space. Large movements of native tokens like ENS are often watched by the community as indicators of project health, potential development funding, or even shifts in governance strategies. For instance, if the funds are being moved to cover operational costs or to fund new initiatives, it could be a positive sign. Conversely, if it signals a large sell-off, it might prompt market adjustments and re-evaluations. The recent $4 million ENS token transfer to FalconX and Coinbase serves as a compelling reminder of the constant flow of value within the cryptocurrency landscape. Such significant crypto exchange movement events underscore the transparency of blockchain technology, allowing us to track substantial shifts in digital assets. While the precise motives behind this large ENS transaction remain speculative, its observation provides valuable insights into the strategic operations of major blockchain entities and their interaction with leading exchanges. As the Ethereum Name Service continues to evolve, keeping an eye on these on-chain activities remains essential for understanding market dynamics and potential future trends. Frequently Asked Questions About ENS Token Transfers Here are some common questions regarding significant cryptocurrency movements: What is an ENS token transfer? An ENS token transfer refers to the movement of Ethereum Name Service (ENS) tokens from one digital wallet address to another. These tokens are integral to the decentralized naming system built on the Ethereum blockchain. Why did the ENS wallet move tokens to FalconX and Coinbase? While the exact reasons are not publicly disclosed, moving tokens to major exchanges like FalconX and Coinbase often indicates an intention to increase liquidity, prepare for potential selling, or engage in strategic trading activities. This is a common crypto exchange movement strategy for large holders. What is the Ethereum Name Service (ENS)? The Ethereum Name Service (ENS) is a decentralized, open, and extensible naming system based on the Ethereum blockchain. It allows users to translate human-readable names (like "yourname.eth") into machine-readable identifiers such as Ethereum addresses, making crypto interactions simpler. How do large crypto exchange movements impact the market? Large crypto exchange movement events can signal potential market shifts. If a large amount of tokens moves to an exchange, it might suggest an impending sell-off, which could put downward pressure on the token’s price. Conversely, movements from exchanges to private wallets might indicate long-term holding intentions. Is this ENS wallet activity a common occurrence? Significant ENS wallet activity, especially large transfers to exchanges, occurs periodically in the crypto space. While not an everyday event for every token, large holders and project treasuries often manage their assets through such transfers to optimize liquidity or fund operations. Did this breakdown of the recent ENS token transfer help you understand the dynamics of large crypto movements? Share this article on your social media to inform others about this significant event and spark further discussion within the crypto community! To learn more about the latest explore our article on key developments shaping Ethereum Name Service institutional adoption.
Bitcoin’s Binary CDD Decline Suggests Gradual Rally Potential Amid Sideways Price Movement
Bitcoin’s Binary CDD has recently declined, indicating a gradual stair-step rally pattern that cools short-term heat while sustaining long-term bullish momentum. Binary CDD turned lower after a brief rise, suggesting Bitcoin is following a gradual stair-step rally pattern instead of sharp upward surges. Historical trends show Binary CDD declines often align with sideways or slow upward moves, helping maintain buying strength over extended market cycles. According to on-chain data, long-term holders have been selling very few coins; hence, this situation could contribute to the continuous buildup of the price momentum, although price is consolidating at the moment. Bitcoin’s Binary CDD declines signal a cooling phase in the market while maintaining long-term bullish momentum. Read more about this trend. What is Bitcoin’s Binary CDD? Bitcoin’s Binary CDD, or Coin Days Destroyed, is a metric that tracks the activity of long-dormant wallets. A decline in this metric indicates reduced selling pressure, suggesting a stable market environment. How Does Binary CDD Impact Bitcoin’s Price? When Binary CDD decreases, it often correlates with sideways price movements, indicating that long-term holders are not selling their assets. This behavior supports a more stable price environment, allowing for gradual upward trends. Frequently Asked Questions What is the significance of a cooling Binary CDD? A cooling Binary CDD suggests that long-term holders are not selling their Bitcoin, which can lead to a more stable price environment and potential upward trends. How can I monitor Bitcoin’s market trends? Monitoring on-chain metrics like Binary CDD and price action can provide insights into market trends and potential shifts in momentum. Key Takeaways Stable Market Environment: A decline in Binary CDD indicates reduced selling pressure from long-term holders. Gradual Upward Trends: The current market behavior suggests a stair-step rally, avoiding excessive short-term overheating. Long-Term Resilience: Low selling pressure from long-term holders supports structural market resilience. Conclusion In summary, Bitcoin’s Binary CDD decline signals a cooling phase while maintaining long-term bullish momentum. Monitoring this metric alongside price action can provide valuable insights into potential market trends. Bitcoin’s Binary CDD declines, signaling a stair-step rally pattern that cools short-term heat while sustaining longer-term upside momentum. Binary CDD turned lower after a brief rise, suggesting Bitcoin is following a gradual stair-step rally pattern instead of sharp upward surges. Historical trends show Binary CDD declines often align with sideways or slow upward moves, helping maintain buying strength over extended market cycles. According to on-chain data, long-term holders have been selling very few coins; hence, this situation could contribute to the continuous buildup of the price momentum, although price is consolidating at the moment. Bitcoin’s Binary CDD has turned lower after a short rise, coinciding with the cryptocurrency’s sideways price movement, according to CryptoQuant data. The development suggests a possible cooling period while maintaining longer-term bullish momentum. Gradual Cooling Through Sideways Movement On-chain analyst @avocado_onchain reported that Binary CDD recently declined after a brief increase. The metric tracks activity in long-dormant Bitcoin wallets and can indicate selling intentions when it rises. Historically, elevated Binary CDD often preceded price corrections or prolonged sideways trading. Binary CDD Turns Down as Bitcoin Moves Sideways: Potential for a Cooling “The current trend appears to be a ‘stair-step’ rally — a gradual upward movement that cools off short-term heat while sustaining long-term momentum.” – By @avocado_onchain pic.twitter.com/nvuHxiasUi — CryptoQuant.com (@cryptoquant_com) August 12, 2025 Current market behavior resembles a “stair-step” rally. This pattern reflects a gradual upward trend that avoids excessive short-term overheating. Such a formation can help sustain buying interest over longer cycles by preventing rapid exhaustion of market liquidity. According to current reports, no sudden spam from any direction should be expected, but the overall outlook gives room for slow increases. An old law states that sometimes, such structures develop over weeks or even months before they undergo major changes. Market Structure and On-Chain Context The sideways phase follows a brief period of increased movement from older Bitcoin addresses. Traditionally, such movements pointed to possible profit-taking phases. However, changes in custody solutions, institutional management, and over-the-counter (OTC) transactions have complicated this interpretation. As a result, Binary CDD spikes may no longer solely reflect immediate selling pressure. Instead, they may also include asset reallocation or custodial shifts. This evolution in market dynamics requires traders to consider a wider range of factors when assessing the metric. According to CryptoQuant, past instances of Binary CDD cooling have aligned with gradual market recoveries rather than sharp reversals. The current pattern fits this historical context. Limited Long-Term Holder Selling Pressure The evidence from the blockchain also indicates that long-term holders are not yet unloading their holdings. This further supports the view that the underlying demand remains robust despite the sluggish price activity. Stable long-term holder behavior often supports structural market resilience. It can provide a foundation for future price expansion once short-term consolidation phases conclude. The present combination of low selling pressure and a cooling Binary CDD suggests the market retains room for sustained upward development. Monitoring these metrics alongside price action can help assess potential trend shifts in the coming months. In Case You Missed It: ProPhase Labs Considers Reverse Merger and Bitcoin Integration to Enhance Shareholder Value
Bitcoin Retests Key Support Near $118.5K Amid CME Gap Considerations for Potential Market Movement
Bitcoin is retesting key breakout support near $118.5K, with traders observing the CME gap around $117K for potential market movement. Bitcoin price retests breakout support after surpassing mid-July resistance, with the 50-period moving average reinforcing the $118.5K–$118.8K zone. The CME gap near $117K aligns with the 4-hour 200MA, providing a confluence area that could attract short-term trading interest. Sustained price above the breakout level keeps upward momentum toward $122K, while traders watch for possible wick movements into the CME gap. Bitcoin is currently retesting key support levels, with traders eyeing the CME gap for potential price action. Stay informed on market trends! What is Bitcoin Retesting Key Support? Bitcoin is retesting the breakout zone after moving above a long-term descending resistance. This critical support level is forming around $118.5K to $118.8K, which traders are closely monitoring for potential upward momentum. How Does the CME Gap Impact Bitcoin Prices? The CME gap near $117K is significant as it aligns with the 4-hour 200MA, creating a potential area for price attraction. Traders believe that a wick into this level could present buying opportunities for altcoins. Frequently Asked Questions What are the key levels to watch for Bitcoin? Key levels include the breakout zone around $118.5K and the CME gap at $117K. Sustaining above these levels could indicate further gains. How does the current market condition affect Bitcoin? Current market conditions are choppy, but a sustained price above key support levels could lead to upward momentum toward new highs. Key Takeaways Bitcoin’s Current Position: Bitcoin is retesting crucial support levels, indicating potential for upward movement. CME Gap Significance: The CME gap at $117K could attract price action, presenting trading opportunities. Market Conditions: Traders should remain vigilant as the market consolidates, watching for key breakout confirmations. Conclusion In summary, Bitcoin’s retest of the $118.5K support level is critical for future price movements. Traders should keep an eye on the CME gap and other key indicators to navigate the current market landscape effectively. In Case You Missed It: Bitcoin Options Market Reflects Increased Bullish Sentiment Amid Rising Call Demand and ETF Flow Considerations
Bitcoin Surges Past $122,000 Amid Policy Optimism and Short Squeeze Dynamics
Bitcoin briefly surpassed $122,000 due to policy-driven optimism and a significant short squeeze, indicating potential institutional interest. Bitcoin’s price surged 3.35% in 24 hours, outpacing the broader crypto market’s 2.34% gain. The rally was fueled by President Trump’s directive to explore cryptocurrency options in 401(k) plans. Over $50 million in short positions were liquidated, accelerating Bitcoin’s upward momentum. Bitcoin surged to over $122,000 amid bullish catalysts, including policy changes and market dynamics, indicating strong institutional interest. Event Impact Details Policy Shift Increased Institutional Interest Trump’s directive on 401(k) plans Market Dynamics Short Squeeze $50 million in liquidations What is Driving Bitcoin’s Recent Surge? The recent surge in Bitcoin’s price is attributed to a combination of policy optimism and technical momentum. Bitcoin is now seen as a viable option for retirement plans, which could lead to significant institutional inflows. How Does Market Sentiment Affect Bitcoin Prices? Market sentiment plays a crucial role in Bitcoin’s price movements. Positive news, such as regulatory support, can lead to increased buying pressure, while negative news may trigger sell-offs. Analysts suggest that the current bullish sentiment could pave the way for a retest of all-time highs. Frequently Asked Questions What is the significance of Bitcoin breaking $122,000? Breaking the $122,000 mark signifies strong market momentum and potential institutional interest, which could lead to further price appreciation. How does a short squeeze impact Bitcoin’s price? A short squeeze occurs when traders are forced to buy back Bitcoin to cover their positions, driving the price higher. This can lead to rapid price increases. Key Takeaways Bitcoin’s recent rally: Driven by policy optimism and market dynamics. Short squeezes: Can significantly impact price movements. Institutional interest: Expected to grow with new policy developments. Conclusion Bitcoin’s recent surge above $122,000 highlights the impact of policy changes and market sentiment on its price. As institutional interest grows, the cryptocurrency market may see further bullish trends. Investors should stay informed to navigate these developments effectively. Bitcoin surged sharply, climbing 3.35% to briefly break above the $122,000 mark. The rally was fueled by a combination of policy-driven optimism and strong technical momentum. Analysts note that if momentum holds, a retest of the all-time high could come sooner rather than later. Bitcoin’s recent surge reflects strong market sentiment and potential institutional interest, indicating a bullish outlook for the cryptocurrency. Policy Changes Impacting Bitcoin Recent directives from Washington regarding cryptocurrency options in retirement plans have sparked optimism among investors. This policy shift could lead to significant institutional inflows, mirroring the impact of spot Bitcoin ETFs in 2024. Technical Analysis of Bitcoin’s Price Movement Bitcoin’s technical indicators, including a positive MACD crossover and RSI levels, suggest a bullish trend. Key support remains intact at $117K, indicating a strong foundation for future price movements. In Case You Missed It: Ethereum's Rise Above $4,300 Sparks Speculation on Potential Flippening and Altcoin Season
Aptos Trading at $4.80: Could $54M Unlock Impact Short-Term Price Trends?
Aptos (APT) is currently trading at $4.80, reflecting a 13% increase over the past week. However, a $54 million unlock on August 11 could influence its short-term price direction. Aptos is trading at $4.80, up 13% in the past week, with derivatives data showing steady positioning and cautious sentiment. A $54M unlock on Aug. 11, representing 2.2% of circulating supply, could influence short-term price direction. Technical indicators show a short-term bullish trend, with key resistance at $4.85–$5.00 and support at $4.65 and $4.50. Aptos (APT) is trading at $4.80, reflecting a 13% increase over the past week. A $54 million unlock on August 11 may impact short-term price direction. What is Driving Aptos’ Recent Price Movement? Aptos (APT) is currently trading at $4.80, showing a 13% gain over the past week. The asset has rebounded from early August lows, with a trading volume of $473.7 million in the last 24 hours, indicating strong market interest. How Will the $54M Unlock Affect Aptos? On August 11, approximately 11.31 million APT tokens, valued at around $54 million, will be unlocked. This represents about 2.2% of the circulating supply. Such unlock events can increase selling pressure, particularly if recipients choose to realize profits. Frequently Asked Questions What is the significance of the $54 million unlock? The $54 million unlock on August 11 could significantly impact Aptos’ price, as it represents 2.2% of the circulating supply, potentially increasing selling pressure. How does Aptos’ trading volume affect its price? Aptos’ trading volume of $473.7 million indicates strong market interest, which can support price stability or upward movement. Key Takeaways Aptos is trading at $4.80: A significant increase of 13% over the past week. $54 million unlock on August 11: This event may influence short-term price direction. Technical indicators suggest bullish momentum: Key resistance levels are at $4.85–$5.00. Conclusion Aptos (APT) is currently experiencing a bullish trend, trading at $4.80. However, the upcoming $54 million unlock on August 11 poses a potential risk to its momentum. Investors should monitor market reactions closely as the unlock date approaches. Aptos was trading at $4.80 at press time, down about 0.6% over the past 24 hours but still showing a 13% gain in the past week. With a seven-day range of $4.19 to $4.85, Aptos (APT) has shown a robust rebound from its early August lows. The asset saw $473.7 million in trading volume over the past day, a 2% increase. Coinglass data shows that open interest in APT futures increased 0.71% to $368.56 million, while derivatives volume decreased 3.50% to $345.95 million. This combination often suggests that traders are holding positions longer despite reduced turnover, a sign of steady conviction rather than rapid rotation. $54M Aptos unlock looms over recent rally According to Tokenomist data, on Aug. 11th, 11.31 million APT, or approximately $54 million, will be unlocked. This amounts to about 2.2% of the circulating supply. APT currently has a circulating supply of 672.7 million and a fully diluted valuation of $5.61 billion. Since newly released tokens may increase selling pressure, particularly if recipients decide to realize profits, such unlock events can negatively shift sentiment. The impact will depend on whether the market can absorb the additional supply without breaking through recent support levels. The unlock comes as Aptos continues to strengthen its decentralized finance and real-world asset footprint, potentially cushioning any short-term price volatility. To improve the efficiency of on-chain trading, Aptos launched the Decibel Trading Protocol on its Devnet in July. At the same time, its real-world asset tokenization segment surpassed $720 million in total value locked, attracting issuers such as BlackRock and Franklin Templeton. The July passage of the GENIUS Act is expected to further accelerate this industry. Aptos technical analysis APT’s short-term trend is still bullish, with higher lows forming since Aug. 5. At 54.56, the relative strength index indicates neutral momentum and potential for movement in either direction. The near-term upward trend is supported by moving averages over the 10, 20, 30, and 50 periods, which are in buy territory. The longer-term structure may still be fragile, as the 100- and 200-day averages are still in sell territory. Momentum indicators like the MACD and 10-day momentum indicate light buying pressure, while the Stochastic RSI’s overbought signals warn of possible pullbacks. APT might retest $4.85 and possibly move toward $5.00 if buyers maintain control. A break above this level could shift the 100-day averages into neutral or bullish alignment. If $4.65 is not held, the market may move toward $4.50, with $4.35 serving as a deeper support. Depending on whether the recently released supply is sold into the market, the Aug. 11 unlock could serve as a catalyst for either scenario. In Case You Missed It: Ethereum's Surge Above $4,200 Suggests Potential for Third Wave Rally Toward $5,600
Bitcoin’s Technical Shift Suggests Potential for Price Movement Ahead of Key Resistance Levels
Bitcoin is approaching a golden cross on its 4-hour chart, indicating a potential bullish trend. If it maintains above $117,500, further gains could follow. Golden Cross Indicator: A bullish signal often indicating upward price movement. Current BTC price is hovering around $117,500, with potential resistance at $119,000. Technical analysis suggests buying pressure is increasing, which could lead to significant price movements. Bitcoin is nearing a golden cross, suggesting potential upward momentum. If it holds above $117,500, expect further gains. Read more for insights. Price Level Potential Action Market Sentiment $117,500 Maintain position Positive $119,000 Test resistance Neutral $120,000 All-time high Optimistic What is a Golden Cross in Bitcoin Trading? A golden cross occurs when a short-term moving average crosses above a long-term moving average, indicating a potential bullish trend. This technical pattern often signifies that buying pressure is outweighing selling pressure, leading to upward price momentum. How Does the Current Market Setup Affect BTC Prices? The recent breakout from $116,600 to nearly $118,600 suggests that Bitcoin is gaining strength. If it can sustain above the $117,500–$118,000 range, it may pave the way for a test of higher levels, particularly $119,000 and $120,000. Frequently Asked Questions What should I watch for in the next 48 hours? Investors should monitor Bitcoin’s ability to maintain its position above $117,500. A successful hold could lead to further upward movement. How can I prepare for potential price movements? Stay informed about market trends and be ready to act if Bitcoin breaks through key resistance levels, particularly around $119,000. Key Takeaways Golden Cross: A bullish indicator that suggests potential price increases. Current Price Levels: Watch for Bitcoin to hold above $117,500 for further gains. Market Sentiment: Increasing buying pressure may lead to significant upward movements. Conclusion Bitcoin’s current technical setup, highlighted by the approaching golden cross, suggests a potential bullish trend. As it hovers around critical price levels, traders should remain vigilant for upward movements, particularly if it sustains above $117,500. The coming days will be crucial in determining the market’s direction. Source: TradingView In Case You Missed It: XRP Faces Technical Challenges as New Resistance Emerges Amidst Recent Price Movements
Bitcoin Shows Potential for Upward Movement Amid Market Challenges
Bitcoin’s price has risen by 1.3% in the last 24 hours, indicating a potential upward trend towards the $120,000 mark. Current Bitcoin price is $118,592. BTC is attempting to break above local resistance at $118,500. Traders should monitor the $123,236 resistance for potential all-time highs. Bitcoin’s price has increased by 1.3% in the last day, with expectations of reaching $120,000. Stay updated with COINOTAG for the latest insights. Key Levels Current Price Next Target $118,500 $118,592 $120,000 What is the Current Trend for Bitcoin (BTC)? The current trend for Bitcoin (BTC) is upward, with a recent increase of 1.3% over the last day. If BTC can maintain its position above the local resistance of $118,500, it may continue to rise towards $120,000 in the near future. How Does Bitcoin’s Price Movement Affect Traders? Bitcoin’s price movement significantly impacts traders’ strategies. With BTC currently trading at $118,592, traders are closely watching the resistance levels. A breakout above $123,236 could signal a new all-time high, prompting increased trading activity. Frequently Asked Questions What factors influence Bitcoin’s price? Bitcoin’s price is influenced by market demand, investor sentiment, regulatory news, and macroeconomic trends. How can traders benefit from Bitcoin price fluctuations? Traders can benefit by buying during dips and selling during peaks, capitalizing on the volatility of Bitcoin’s price. Key Takeaways Bitcoin Price Increase: BTC has risen by 1.3% in the last day. Resistance Levels: Key resistance at $118,500 and $123,236. Market Outlook: Potential for upward movement towards $120,000. Conclusion In summary, Bitcoin’s recent price increase indicates a positive market sentiment. As traders watch key resistance levels, the potential for further gains remains. Stay informed with COINOTAG for the latest updates on Bitcoin and other cryptocurrencies. Most coins have returned to the red zone on the last day of the week, according to CoinStats. The price of Bitcoin (BTC) has gone up by 1.3% over the last day. On the hourly chart, the rate of BTC is trying to fix above the local resistance of $118,500. Top coins by CoinStats BTC/USD On the bigger time frame, traders should pay attention to the nearest level of $118,775. If bulls can hold the gained initiative, the energy might be enough for an ongoing upward move to the $120,000 range. Image by TradingView From the midterm point of view, the rate of the main coin is far from the key levels. However, if a breakout of the $123,236 resistance happens, one can expect a new all-time high shortly. Bitcoin is trading at $118,592 at press time. In Case You Missed It: BlackRock's Potential Entry into Solana ETFs Raises Concerns Among Smaller Issuers, Analyst Suggests Caution
Eric Trump Remarks Follows Ether Surge Triggers $105M in Short Liquidations
Eric Trump reacted after Ether surged past $4000 and short sellers faced large liquidations. Ether short positions worth $105 million were liquidated as price jumped to levels not seen since December 2024. Spot Ether ETFs saw $537 million in inflows in four days adding support and boosting market confidence. Eric Trump commented after Ether surged past $4,000 on Friday, sparking the largest short liquidation in recent weeks. His reaction came as the market shift forced traders holding bearish positions to exit quickly. Trump highlighted the risks of betting against top cryptocurrencies in such a volatile environment. His remarks signaled growing attention from outside traditional finance circles. JUST IN: Eric Trump says "it puts a smile on my face to see $ETH shorts get smoked today." pic.twitter.com/1Ko8CQXQyh — Watcher.Guru (@WatcherGuru) August 8, 2025 Ether’s sharp price jump to $4,060 marked its first move above $4,000 since December 2024. This move liquidated $105 million in Ether short positions, according to CoinGlass data. These liquidations accounted for 53% of all crypto short liquidations that day, totaling nearly $200 million. Short Covering Drives Rapid Price Movement The sudden price rise triggered a short squeeze across Ether markets. As short positions were liquidated, further upward pressure followed. This created a feedback loop that helped push Ether past key levels. The asset settled near $4,015 by session close. Market observers noted that the 4.6% price increase happened within a short time frame. Traders caught on the wrong side of the move were forced to cover, accelerating the price rally. Short squeezes often develop in markets with heavy bearish bets. As liquidations occur, demand increases, causing prices to move higher. This pattern emerged in Ether’s Friday session, reinforcing how quickly conditions can change in crypto. $4,100 Resistance Level in Focus Market participants are closely watching the $4,100 level. This range has become a key resistance point for Ether. Analysts believe a decisive break above this threshold could lead to a larger move. A clear move past $4,100 may open the door to new highs. Some projections suggest Ether could test $4,400 or even $4,500 if momentum holds. Traders are monitoring volume and sentiment as Ether approaches these levels. The market’s response to the resistance zone will likely determine the next short-term trend. If resistance holds, a pullback may follow. However, if bulls push through, another wave of liquidations could occur. ETF Inflows Boost Market Confidence Recent ETF inflows have strengthened Ether’s upward momentum. Data from Farside shows that spot Ether ETFs recorded $537 million in net inflows over the past four trading sessions. These figures reflect growing institutional interest in Ethereum. ETF activity has added both liquidity and stability. Analysts say this increases Ether’s appeal to long-term investors. It also provides a support base during sharp moves like Friday’s rally. The ETF inflows mirror broader trends toward regulatory clarity. As institutions gain exposure, retail interest remains steady. Combined, these forces are contributing to Ether’s sustained strength.
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