Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders

Share This Post

Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term HoldersRecent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

SUI Eyes Potential Pullback As RSI Flashes Warning: $1.4 Retest In Sight

SUI impressive bullish momentum appears to be losing steam as technical indicators point toward a potential cooldown, with the Relative Strength Index (RSI) signaling overbought conditions, raising

Analyst Lists 9 Powerful Altcoins To Buy For A 100X In The October 2024 Bull Run

Over time, as the value of Bitcoin has ballooned, crypto investors have turned to other alternatives for higher potential gains and altcoins have proven to be the answer However, the problem comes in

Australia Mandates Financial Services Licenses for Crypto Firms Under New ASIC Regulations

The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses This expansion of the Corporations

Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?

The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 16 billion BTC since the macro decision With such a bullish outlook, there is the possibility that the

Bitcoin ETFs see $92 million inflow with only single net outflow in past 7 days

On Sept 20, Bitcoin ETFs saw a total inflow of $92 million, reflecting broad-based interest across multiple funds, according to Farside data Fidelity’s FBTC led the market with $261 million in

Kamala Harris breaks silence on digital assets vowing to encourage innovation as President

Kamala Harris, current US Vice President and Democratic presidential candidate, has promised to support the digital asset and artificial intelligence (AI) sectors if she wins the upcoming November