Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023
A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy bought time but Bitcoin’s next cycle may need buyers beyond Saylor
Michael Saylor’s Strategy has calmed the immediate panic around its preferred-stock complex, but the company’s latest overhaul poi...
XRP vs Bitcoin: Investor Says RLUSD Growth and Regulatory Clarity Could Shift Crypto’s Balance of Power
While the claim remains highly ambitious given Bitcoin’s commanding lead in market capitalization, the discussion highlights broad...
Coinbase Showcases Progress Toward All-in-One Financial Platform
A wide-ranging product recap showed how Coinbase has advanced its “every asset, every market, one platform” strategy across tradin...
Coinbase backs new stablecoin venture, renegotiates deal with Circle
Coinbase's move into Open USD signals a shift towards diversified revenue streams, pressuring Circle to adapt its economic model f...
XRP Price Prediction: SuperTrend Buy Signal Meets Shrinking Supply as $1.24 Breakout Comes Into Focus
After a fresh SuperTrend buy signal appeared on the 4-hour chart, analysts are watching whether the XRP price can extend its recen...
UAE Central Bank Clears DDSC for VARA Platforms, Bringing Dirham Stablecoin to Consumers
The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on re...