BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.
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
Bitcoin Is Busier Than Ever, but Bitcoin Mining Isn’t Getting Paid More
Bitcoin is processing more transactions than ever before on an annual basis, but the growing activity is doing little to improve o...
Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits
TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base...
CFTC data shows Bitcoin futures speculators net long 2,418 contracts
Speculators' net long positions in Bitcoin futures suggest cautious optimism, reflecting potential hedging strategies amid market...
CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities
TL;DR: CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructur...
Ethereum Delays Glamsterdam Test On Hoodi Over Smart Contract Compatibility Questions
TL;DR: Ethereum developers have removed the planned October 26 Glamsterdam activation on Hoodi while they investigate EIP-8037 int...
Dune launches real-time data feeds covering 200 onchain trading venues
The new service aims to bring onchain trading data into institutional financial systems as tokenized stock markets expand and face...