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In brief ETH holders move, sell, and spend their digital coins more than BTC investors, Glassnode data shows. This is because the Ethereum network powers crypto applications, which use ETH as gas fees. Bitcoin holders, on the other hand, tend to keep their coins in storage and treat BTC as “digital gold.” Bitcoin holders are still the true “diamond hands” investors compared to Ethereum buyers, according to a new report, with the latter coins being moved and spent far more than the original so-called digital gold.Blockchain data firm Glassnode said in a new report—citing data collected before this week’s crypto…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

In brief Tristan Thompson sees prediction markets as an evolution of sports gambling. He thinks they will be increasingly integrated into sports broadcasts. Prediction markets have the potential to drive higher ratings, he added. Prediction markets emerged as a fixture of politics last year, but now they’re making a notable splash in the big leagues, according to NBA star Tristan Thompson.Amid a growing list of partnerships and acquisitions, it probably won’t be long before odds from platforms like Polymarket become a common way for people to gauge the pulse of their favorite teams and athletes in real-time, he said in…

XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum.News BackgroundThe decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment pinned in the fear zone as volatility spikes across majors.Canary Capital’s newly launched U.S. spot XRP ETF (XRPC) registered $58.6 million in first-day volume, far exceeding analyst expectations of $17 million. Yet the strong debut failed to stabilize XRP, as derivatives markets flashed stress signals. Roughly $28 million in XRP liquidations hit within 24 hours,…

Bitcoin has swung wildly as a sudden dive below $100,000 per bitcoin sparks fears of a devastating bitcoin price crash.Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the marketThe bitcoin price—which remains slightly up on this time last year, just before it first topped the psychological $100,000 level—has struggled to maintain its 2024 election velocity (even as traders brace for U.S. president Donald Trump to deliver a bitcoin price shock).Now, as Goldman Sachs issues a Federal Reserve warning over the state of the U.S. economy, analysts with Wall Street giant JPMorgan have called the…

Both major meme-assets traded through high-velocity volatility windows, with Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal.News BackgroundBroader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M in Bitcoin ETF outflows, and tightening liquidity across speculative assets. The weak macro backdrop left meme-coins particularly exposed to volatility shocks.Despite this, large-holder behavior diverged across DOGE and SHIB. Dogecoin saw an uptick in institutional accumulation following two weeks of heavy whale positioning, while SHIB faced elevated retail-driven selling before buyers stepped in aggressively at intraday lows.No…

By Omkar Godbole (All times ET unless indicated otherwise)The word “solana” in Spanish means sunshine or sunny place, and that’s a perfect description for exchange-traded funds (ETFs) based on the programmable blockchain Solana’s native token, sol SOL$156,25. Investors have been channeling funds into U.S.-listed spot SOL ETFs even as they withdraw capital from their bitcoin BTC$102.976,44 and ether ETH$3.491,53 counterparts. Since their late October debuts, Bitwise and Grayscale’s spot SOL ETFs have seen cumulative net inflows of $368.5 million while bitcoin and either ETFs suffered outflows exceeding $700 million each, SoSoValue data shows.Traders don’t seem to have noticed the difference, and…

Ethereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in play amid rising on-chain activity. Ethereum has moved back above a key technical level against Bitcoin — the 50-week exponential moving average (EMA), which has marked the start of previous rallies. At press time, ETH is priced at $3,530 with a 24-hour trading volume of nearly $38 billion. It has gained 2% in the past day and 5% over the last week. ETH/BTC Moves Above Key Weekly Average Ethereum’s strength against Bitcoin is being watched after reclaiming the 50-week EMA. In past…

In a market characterized by choppy price action and uncertainty, large traders of major cryptocurrencies are quietly taking divergent paths.While bitcoin BTC$103,062.11 investors are bracing for volatility with non-directional option plays, some XRP$2.5019 traders are betting on the opposite, recent block trades on crypto options exchange Deribit show.Over the past week, strangles accounted for 16.9% of bitcoin option blocks traded on the platform, while straddles made up 5%. Both are non-directional volatility strategies, betting on significant price moves, whether up or down. XRP traders, in contrast, shorted strangles, in effect betting against increased volatility.A strangle involves buying out-of-the-money (OTM) call…

The crypto market continued to establish fresh levels of support on Thursday, with bitcoin BTC$102,931.14 trading around $103,000 while ether ETH$3,506.74 rose less than 1% to $3,500.The average crypto relative strength index (RSI) remains in neutral territory while the Fear and Greed index is printing 25/100, indicating negative sentiment across the market.There was slightly more action in the altcoin market. AERO slid 18% in the past 24 hours following an announcement of a merger with Velodrome, while STRK and FET also made double-digit moves to the downside.XRP led gains among the biggest cryptocurrencies, rising by 3.5% following a flurry of…