Crypto analyst Mattsby highlighted XRP's macro trend using the 20SMA on a 2-month chart, showing bullish momentum above this support level. Despite recent pressure, XRP remains bullish with potential resistance at $1.56, while some analysts warn it is still trapped below key resistance, indicating mixed outlooks for the altcoin.
Bitcoin's Coinbase Premium Gap turned negative, signaling potential bearishness. The indicator measures price differences between Coinbase and Binance, with recent decline suggesting US whales may be reducing their accumulation, impacting Bitcoin's short-term trend.
Bitcoin dropped below $74,000 after failing to break above $76,000, causing market volatility. Altcoins like DOT and DOGE struggled, with DOT below $1.20. Meanwhile, Pepeto's presale attracted capital, sparking 100x target discussions amid the market downturn.
Bitcoin’s long-term holder supply increased from 5.26M to 8.32M BTC in three months, but SOPR remains below 1.0, indicating cautious market sentiment. Older coins are exiting at a loss, suggesting a cautious outlook despite expanding long-term holdings. The supply is becoming less liquid, but demand signals are mixed.
Deutsche Börse invested in Kraken, a major crypto exchange, signaling institutional support. Bitcoin experienced sell-offs from miners and Bhutan, which could impact market stability. These developments reflect ongoing institutional interest and market volatility in crypto.
Bitcoin approaches its critical 100-day EMA resistance in 2026, after a downtrend and correction. The price is forming a triangle pattern, signaling a potential major move. The direction depends on Bitcoin's response to this technical level, which could lead to a bullish or bearish trend.
Strategy (formerly MicroStrategy) proposes shifting its Bitcoin-related dividend payments from monthly to semi-monthly on its STRC preferred stock. The change aims to improve stability without altering the fixed 11.5% dividend rate or total obligations, potentially benefiting investors.
