Bitcoin’s steep decline fueled by short-term holders
Bitcoin’s steep decline fueled by short-term holdersHigh-frequency traders and day traders rile Bitcoin market as prices plummet.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. 📖 α Weekly ResearchBitcoin’s steep decline fueled by short-term holdersHigh-frequency traders and day traders rile Bitcoin market as prices plummet. Bitcoin ETFs witness record $937.9 million outflow amid investor uneaseFidelity and BlackRock led the historic Bitcoin ETF outflow. α Top Insights📖More α ResearchFutures market sheds $2.24B in OI after Bitcoin’s drop to $88kCME's substantial reduction in OI shows institutions are cautious amid Bitcoin's volatile downturn. Bitcoin’s short-term holder realized price remains a critical support amid market volatilityThe cost basis set by short-term holders has historically acted as the strongest support for Bitcoin's price. Bitcoin price steadies as large holders curb profit-taking in FebruaryThe flattening of profits among major Bitcoin holders means less pressure on Bitcoin's price. |
Older messages
StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Saturday, March 1, 2025
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback could be set up for $370k bull run price target
Friday, February 28, 2025
Bitcoin's 27% slide raises prospects for rebound, aligns with historical cycle patterns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
Thursday, February 27, 2025
FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal
Thursday, February 27, 2025
Argentina's economic landscape shaken as Milei's LIBRA endorsement turns into multi-billion dollar fiasco. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Solana falls to lowest price since November 2024 losing 43% since January
Thursday, February 27, 2025
Volatility reigns as Solana's price retreat tests its resilience against past support levels. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
Asia's weekly TOP10 crypto news (Feb 24 to Mar 2)
Sunday, March 2, 2025
According to Coindesk, citing local news outlet Dawn, Pakistan is planning to establish a National Crypto Committee to formulate cryptocurrency policies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
On ICOs, NFTs, and Memecoins
Sunday, March 2, 2025
CRYPTODAY 143 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Saturday, March 1, 2025
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Babylon Launches Airdrop Registration, Berachain Initiates Phase One of Governance, and Me…
Saturday, March 1, 2025
In the recent theft incident of Bybit, hackers laundered money by exchanging ETH for BTC through THORChain, bringing huge trading volume and fees to THORChain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback could be set up for $370k bull run price target
Friday, February 28, 2025
Bitcoin's 27% slide raises prospects for rebound, aligns with historical cycle patterns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: SEC Terminates Lawsuits Against Multiple Crypto Companies, Bitcoin Drops Below $80,000, OKX S…
Friday, February 28, 2025
On Friday, OKX market data revealed that BTC fell below $80000, reaching a low of $78258, with the current price at $80514, reflecting a 24-hour decline of 7.22%. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
Thursday, February 27, 2025
FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with MicroStrategy Founder Michael Saylor: The Company Holding the Most Bitcoin in the World
Thursday, February 27, 2025
In this interview, Colin from WuBlockchain had an in-depth discussion with MicroStrategy founder Michael Saylor about the company's ongoing Bitcoin acquisition strategy, the growing adoption of
Abu Dhabi Invests $436.9M In Bitcoin ETF
Thursday, February 27, 2025
February 17th, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Abu Dhabi Invests $436.9M In Bitcoin ETF Changpeng Zhao Sparks Meme Coin Rumours Coinbase Finally Lists POPCAT & PENGU