Author: Maria
A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator. Ethereum MVRV Ratio Is Forming A Pattern Similar To Past Two Cycles In a CryptoQuant Quicktake post, an analyst talked about the latest trend in the Market Value to Realized Value (MVRV) Ratio for Ethereum. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the asset’s market cap and its realized cap. The realized cap here refers to a capitalization model that calculates ETH’s total value by assuming that the value of…
A well-known gold advocate denounced MicroStrategy’s investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald Trump, arguing that it is detrimental to the country. MicroStrategy’s Bitcoin Investment Strategy MicroStrategy revealed that it has a $42 billion investment strategy to buy more Bitcoin in the next few years. Analysts said that the American development company is known for purchasing a great deal of cryptocurrency regardless of market fluctuations. Reports stated that MicroStrategy recently bought 55,500 BTC worth $5.4 billion, allowing the…
Available exclusively viaPolymarket: A revolution in prediction markets Andjela Radmilac · 5 days ago CryptoSlate’s latest report dives deep into Polymarket’s evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.
From its peak of $99,531 on November 23rd, Bitcoin, the world’s leading digital asset, is now trading at the $92k to $93k level, prompting many to speculate that its historic price run has ended. However, for CryptoQuant CEO Ki Young Ju, the alpha coin’s current price action isn’t a cause for concern. In a Twitter/X post, Ki Young shared that Bitcoin’s retail investors are not yet in “FOMO” (fear of missing out) mode. The current retail action, he says, doesn’t indicate signs of excessive excitement or panic. Ki Young explained that there’s still a surge of trading activities across markets…
If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. The state of Texas, he says, can soon become a cryptocurrency hub with its decentralized environment and business-friendly policies. Ted Cruz’s statement comes as Bitcoin broke the $98,000 level for the first time, and there’s growing regulatory clarity. Incoming US President Donald Trump has nominated Scott Bessent for Treasury, and SEC’s Gary Gensler has announced that he’s stepping down on January 20th, 2025.…
Interest in Ethereum, the second-largest cryptocurrency asset, is gaining momentum once again among retail and institutional investors, as evidenced by a robust increase in its net staking inflows in the past week in tandem with recent improvements in the price of ETH. Consistent Growth In Ethereum’s Staking Net Inflows In a positive development, Ethereum’s staking has attracted significant capital over the past week, leading to a surge in its net weekly inflows. Maartuun, a market watcher and analyst at leading on-chain data and analytics platform CryptoQuant, reported the development, reflecting growing commitment. The spike in staking activity indicates that many investors…
The integration of blockchain technology and sports gaming continues as an international football federation partnered with a well-known crypto-based gaming studio to create a new football game for mobile users. Football enthusiasts eagerly await the blockchain-powered free soccer game set to release next year. FIFA Rivals A new free-to-play mobile football game will debut in the summer of 2025. Crypto gaming firm and international football organization, Federation Internationale de Football Association (FIFA) developed a mobile game app called the FIFA Rivals. Reports said that FIFA Rivals will be similar to the NFL Rivals game which was also developed by Mythical…
Recent gains in Bitcoin are owed in part to changes in the political environment, particularly in the US. Incoming US President Donald Trump is backing cryptocurrencies, sparking renewed market optimism among investors. From reforms in regulatory structures to a proposal for a national Bitcoin reserve, the policies he enforces provide Bitcoin an exceptional outlet for growth in an increasingly open and friendly new landscape. These changes places the US in a strategic position as the world’s leader in crypto innovation while giving a fertile ground for Bitcoin to continue growing. BTCUSD is currently trading at $97,377. Chart: TradingView Crypto On…
All eyes are on Bitcoin, especially as many traders continue to anticipate a break above the $100,000 mark. This anticipation has cascaded into a spike in activity, especially among Bitcoin whales. Interestingly, Bitcoin whales are making bold statements amidst the anticipation, with on-chain data pointing to an accumulation of over 40,000 BTC in just 96 hours among this holder cohort. This interesting accumulation coincides with the Bitcoin price reaching a peak of $99,645 in the last 24 hours, adding further momentum to the narrative of a possible historic price milestone. Examining The Holding Patterns Of Bitcoin Whales Bitcoin’s recent price…
US Senator Cynthia Lummis of Wyoming is doubling down on her efforts to legitimize Bitcoin and possibly add this digital asset to the country’s reserves. In a November 21st interview, Lummis suggested that the US Federal Reserve sell some of its gold reserves to invest in the crypto. The Wyoming senator shared that the proceeds from selling a portion of gold reserves, valued at 1970 prices, can boost the US dollar and reduce the country’s growing debt. Lummis’ announcement comes as BTC hit another all-time high and nears the $100k milestone. By pursuing a Bitcoin policy, the Federal Reserve can…