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Bitcoin Surges Past $45,000 as Miner Selling Pressure Eases: CryptoQuant
8.2.2024
Bitcoin has surged over 4% in the past 24 hours, edging closer to the $45,000 threshold for the first time since mid-January. At the time of reporting, Bitcoin was trading at approximately $44,800, marking a 4.6% increase within the day and a notable 6.3% surge over the past week. While the influx...
February Frenzy: These 5 Cryptos Have Nearly $1 Billion Worth of Unlocks Due This Month
5.2.2024
The crypto market is poised for increased selling pressure across numerous tokens as unlocks worth nearly $1 billion are set to occur this month. Projects such as Optimism (OP), Avalanche (AVAX), The Sandbox (SAND), Aptos (APT), and Sui (SUI) are expected to have the largest unlocks, adding to...
Ethereum Technical Analysis: ETH Trade Volume Remains Low Amid Selling Pressure
29.1.2024
On Jan. 29, 2024, ethereum’s price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market capitalization of $270 billion, ether trading volume remains...
Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan
25.1.2024
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report
Pepe Coin Holders Migrating To Latest AI Crypto ICO Built For Traders To Hunt 1456% ROI Tokens
16.1.2024
PEPE investors are migrating to new crypto ICO Launchpad XYZ which uses AI to analyze digital assets and predict prices. Image by Khunkorn Laowisit, Vecteezy. The meme coin PEPE’s price has seen heavy selling pressure recently as large investors are unloading their holdings. PEPE reserves...
Best Crypto to Buy Now January 12 – Bitcoin Cash, Sui, Tezos
12.1.2024
Bitcoin Cash, Sui, and Tezos price resurgences could make them the best cryptos to buy now amid the market retracement. Image by cryptonews.com. Even as the overall crypto market faces selling pressure, impactful developments have lifted SUI to a record 8-month high so far today. Bitcoin Cash...
Spot Bitcoin ETF Approval Will Trigger 'Selling Pressure' on CME Futures Market: K33
9.1.2024
Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
5.1.2024
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows
Crypto Miners’ Bitcoin Reserves Hit Lowest Level Since May Amidst Increased Selling Pressure
30.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner reserves have reached their lowest point since May, signaling increased selling pressure as the largest cryptocurrency records a December gain of more than 13%. Data from CryptoQuant indicates that Bitcoin miners’ reserves have been...
Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
25.10.2023
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said
Expect crypto and altcoin selling pressure amid FTX liquidation
18.9.2023
FTX is bankrupt and has received approval from the court to sell its crypto holdings. These are worth approximately $3.4 billion. The assumption is that it will cause selling pressure on the crypto community at a time when every token is eyeing a recovery from its past losses. For instance, BTC...
DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
6.9.2023
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
10.5.2023
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals
Big Eyes Coin reveals big plans; Apecoin & Decentraland fights selling pressure
10.5.2023
Amid an intense bearish grip on the crypto market, Big Eyes Coin (BIG) has found a way to outrun the beasts. Established tokens like Apecoin (APE) and Decentraland (MANA) are feeling selling pressure as they try to climb out of the bear market. Apecoin: The APE fights bears to regain lost value...
Aptos Bumps Ahead of $50M Token Unlock Which May Add Selling Pressure
11.4.2023
In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
5.4.2023
The 1 million instantly withdrawable ether has become a point of concern for the market
Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade
30.3.2023
The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits
Largest Creditor of Bankrupt Mt. Gox Exchange to Hold Onto Returned Bitcoin – Huge Selling Pressure Averted?
9.3.2023
In another installment of the bankruptcy proceedings related to defunct cryptocurrency exchange Mt. Gox, the Mt Gox Investment Fund, the largest creditor of the failed platform, is not planning to sell the tokens that it is to receive later this year.
A person familiar with the fund’s activities...
Coinbase: Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade
15.2.2023
The amount of potential selling pressure around Ethereum’s planned upgrade has been complicated by Kraken’s decision to wind down its U.S. staking business, the report said
Polygon (MATIC) faces slight selling pressure near 200 EMA!
12.1.2023
MATIC Network is a Layer 2 scaling solution that uses Plasma sidechains and a decentralized network of PoS validators to scale Ethereum. MATIC uses a network of sidechains to offload transactions from the main Ethereum network. MATIC intends to create a fast and low-cost alternative to Ethereum...