Coin overview
ATH
Ended--
Last price (USDT)
301.74K
24h total (USDT)
1.14M
Total vol (USDT)
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
Trading time (UTC+0)
2024-06-13 04:00:00
Delivery time (UTC+0)
Total supply42.00B
Resources
Introduction
Aethir is the only enterprise-grade AI-focused GPU-as-a-service provider in the market. It's a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet enterprise clients who need powerful H100 chips for professional AI/ML tasks. Aethir also supports cloud gaming clients with their virtual computing phones and GPU's through contracts with the world's largest telecommunication company. Everything within the Aethir ecosystem will be decentralized and community-owned.
Solana Price Eyes Rally To $200 As Network Adoption Hits New ATH
Solana (SOL) is gaining attention in the crypto market after hitting a new all-time high (ATH) in network adoption. The number of addresses holding SOL has surpassed 11 million, signaling increasing interest in the network.
Crypto Market Faces Liquidity Crisis, Inflows Drop 97%
Crypto capital inflows drop 97%, hitting Bitcoin liquidity and trading activity. Bitcoin’s hot supply has shrunk by 50% while futures open interest has fallen 35%. Analysts split on whether this is a healthy pullback or a bearish warning for BTC. Cryptocurrency markets are experiencing a major contraction in capital flows. According to data shared by trader Ali, inflows plummeted from $135 billion in December to just $3 billion today. This 97% reduction coincides with Bitcoin’s continued price pressure, with BTC down 2.3% in the last 24 hours. The sharp decline in capital entering the market is visible in Glassnode’s Aggregate Market Realized Value Net Position Change chart. This chart shows the substantial difference between December’s inflows and the current anemic market conditions. Crypto capital flows shift! From $135 billion in December to $3 billion today. pic.twitter.com/CI9tJa4Ayv — Ali (@ali_charts) March 21, 2025 On-chain data from Glassnode reveals multiple indicators pointing to reduced market activity and liquidity. Bitcoin’s Hot Supply metric, which tracks coins aged one week or less, has contracted from 5.9% to 2.8% of the circulating supply. This is a reduction of more than 50% over the past three months. This major decline shows a sharp reduction in liquid Bitcoin available for trading, potentially limiting market depth. #Bitcoin's Hot Supply metric, which tracks coins aged ≤1 week, has contracted from 5.9% to 2.8% of circulating supply – a 50%+ decline over the past 3 months. This signals a sharp reduction in liquid $BTC available for trade: https://t.co/VVw6YXRDHS pic.twitter.com/dfmTOyg5yr — glassnode (@glassnode) March 20, 2025 Further data from Exchange inflow confirms this trend, with daily Bitcoin inflows dropping from 58,600 BTC per day to just 26,900 BTC per day, which is a 54% decrease. This reduction in exchange deposits shows both minimal sell-side pressure and the weakening of the overall demand and trading activity in the market. The futures market has similarly contracted, with open interest falling from $57 billion to $37 billion since Bitcoin’s all-time high, marking a 35% decline. This reduction in derivatives exposure signals decreased speculative interest and hedging activity across the cryptocurrency market. The parallel contraction in both futures open interest and on-chain liquidity points to broader risk-off behavior among traders and investors. Futures open interest has dropped from $57B to $37B (-35%) since #Bitcoin’s ATH, signaling reduced speculation and hedging activity. This decline mirrors the contraction seen in on-chain liquidity, pointing to broader risk-off behavior. pic.twitter.com/XPbXiHXlRS — glassnode (@glassnode) March 20, 2025 Market analysts note that the cash-and-carry trade, a popular arbitrage strategy in cryptocurrency markets, is unwinding as long-side bias weakens across the ecosystem. This shift is seen in both ETF outflows and CME futures position closures, which collectively add selling pressure to spot markets. Related: Will Bitcoin’s Market Behavior Shift in 2025 Amid Changes? At press time, Bitcoin is trading at approximately $83,800, still holding above key support levels despite the concerning capital flow trends. The current market environment is different in comparison to December’s euphoric conditions. This was when Bitcoin was trading above $98,000 and capital was flooding into the market at record rates. The combination of reducing capital inflows, reduced exchange activity, contracting futures markets, and declining hot supply shows that the market is experiencing liquidity challenges. While some view this as a temporary consolidation phase following the bull run in late 2024, others worry it could signal an extended period of weak demand. The post Crypto Market Faces Liquidity Crisis, Inflows Drop 97% appeared first on Cryptotale.
XRP Up 9.30%: Heading Toward New Highs
XRP is up 9.30% and closing in on its all-time high. Resistance levels at $2.65 and $2.85 are key for further growth. XRP’s upward trend shows strong potential for 2025. XRP’s Surge: Aiming for All-Time Highs in Year 2025 XRP has reported a staggering 9.30% price hike, recently peaking at $2.49712. The spurt is significantly serving to push the cryptocurrency toward its main resistance level, which signals quite a breakout possibility. As per the chart, there seems to be a huge bull rally with which XRP could be posted in the near future as a token to watch for 2025 when it sets its sights to recording its all-time-high (ATH). Coupled with the steady heights and momentum-boosting technical indicators, XRP illuminates the reason why the market is alive and lively buzzing with fireworks about the future of the asset. $XRP next leg to all time high is in preparatory mode. pic.twitter.com/V58Ujf3kaR — Mikybull 🐂Crypto (@MikybullCrypto) March 19, 2025 Technical Analysis: Surge in Prices for XRP The present rise of price 9.30% occurrence in XRP is a direct signal of bullish trends. XRP has been forming higher lows during the past several years, while recently breaking through some of the most critical resistance levels impeding its price growth. The last spike recorded places XRP at $2.49712, getting nearer than ever to its ATH at around $3.84. The chart indicates that this level can most probably be retested in the future few months based on the ongoing uptrends. The Relative Strength Index (RSI), visible at the lower section of the current chart, marks upward buying interests just as it was at 68.49 according to the latest update heading toward the overbought zone. This means that an inevitable correction must occur if the RSI crosses 70 signs. Nonetheless, with the degree of price action, it’s going to break new ground. Resistance Zones and Estimated Potential for a Breakout XRP has earned consolidation time for its recent move prior to a possible breakout. The top trendline in the chart gives a clear upward slope; hence the next resistance becomes $2.85, which should be a critical level to watch. If XRP manages to break resistance , it would shoot straight up to its ATH once again. The trend should also herald the forecasted quick push through the important resistance around $2.65, which has previously thwarted upward efforts. This ongoing price action builds up to be ready for an energy explosion over the all-time high and into a new phase of buying interest in the following weeks.
Eric Trump Joins Metaplanets Boards of Advisers to Boost Bitcoin Plans
Key Notes Eric Trump has been leading Donald Trump’s DeFi project World Liberty Financial. Japanese firm Metaplanet recently purchased an additional 150 BTC, raising its total holdings to 3,200 BTC making it Asia’s largest public-listed Bitcoin holder. On March 21, Metaplanet’s stock price rose 17.8% to 4,730 JPY registering a meteoric gain of over 2,150% on the yearly chart . Eric Trump, the second son of US President Donald Trump , has joined the strategic board of advisers for Bitcoin BTC $83 828 24h volatility: 2.7% Market cap: $1.66 T Vol. 24h: $24.44 B stacking firm Metaplanet. Eric will work with other Metaplanet executives on the company’s mission to drive further BTC adoption and become a “global leader in the Bitcoin economy”. In the company’s disclosure, Metaplanet noted that Eric Trump brings extensive expertise in real estate, finance, brand development, and strategic business growth. Furthermore, he has also been actively leading Donald Trump’s DeFi project World Liberty Financial while advocating for digital assets adoption on a global stage. Speaking on the development, Simon Gerovich, Representative Director of Metaplanet said: “We are honored to welcome Eric Trump as the first member of our Strategic Board of Advisors and look forward to welcoming him to our annual meeting. His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies.” Metaplanet Continues with Bitcoin Purchases Despite Market Uncertainty Japanese firm Metaplanet has continued with its Bitcoin acquisition plans buying an additional 150 BTC earlier this week on March 18, while taking its total BTC holdings to 3,200. With its recent purchase, the firm has also joined the league of the world’s top 10 largest Bitcoin holders, and is officially Asia’s largest public-listed Bitcoin holder. Despite the heavy volatility in BTC price since the start of the year, Metaplanet has managed to clock a massive BTC Yield of 60.8% since the beginning of 2025. Related article: President Trump Drums Support for Bitcoin and Stablecoins at Digital Asset Summit In order to push further its Bitcoin acquisition strategy, Metaplanet issued its 7th Series of Ordinary Bonds last month. With this, the firm plans to allocate the 2 billion JPY raised approximately $13.6 million toward additional Bitcoin purchases. Metaplanet Stock Shoot 17.37% Eyeing a Move to ATH Following today’s development, the Metaplanet stock price shot up by 17.8% to reach 4,730 Japanese yen ($31.74) within the first 80 minutes of trading on March 21. As of now, the stock is trading 700 points up at 4,730 JPY levels, while eyeing a move to the all-time high levels of 6,650 JPY. With more than 2,150% gains on the yearly chart, the firm has generated immense wealth for its shareholders by adopting MicroStrategy’s Bitcoin acquisition strategy. Metaplanet is planning to buy 10,000 BTC in its Treasury by the end of 2026. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Cardano Market Cap Dominance Rises, ADA Price Moving Steadily Towards New ATH Target $7.8
Cardano market cap dominance is rising at a steady and strong pace. Analyst expects the asset to pump by over 264% to hit the first bull target of $2.7709. Following this he expects ADA price to hit a new ATH at $7.821502 bull target. Bitcoin just pumped to higher $80,000 targets reclaiming the $87,000 price mark before retracing back to the $85,000 price level. Meanwhile, several capable altcoins are showing bullish action. For instance, Cardano market cap dominance is rising exponentially hinting at the altcoin claiming a new ATH price soon. Cardano Market Cap Dominance Rises Cardano $ADA market cap dominance is rising! 📈 It has risen by 78.22% in relative terms since late 2024, while $ETH and $SOL dominance has decrease by ~34%. Recently $ADA dominance is oscillating around 1%, currently at 0.93%. pic.twitter.com/gTJI47A2Kp — Cardanians (CRDN) (@Cardanians_io) March 19, 2025 As we can see from the post above, Carano market cap dominance is rising at an impressive rate. The post goes on to highlight how Cardano dominance has risen by 78.22% in relative terms since late 2024, while ETH and SOL dominance seems only to have decreased by 34%. Furthermore, ADA dominance is oscillating around 1%, and currently at 0.93%. The Cardano market cap dominance rising has led to many traders and analysts to try and figure out where ADA price will go next. Last cycle ADA price hit an ATH of $3.10 and claimed number 3 on the largest market cap rank below BTC and ETH. Is it possible for ADA to reclaim this rank and title once again? Cardano’s Next ATH Target Set at $7.82 $ADA (Cardano) currently holding ANOTHER set of Higher Lows and these have recently been leading into higher upside moves for prices and with a target over +264% away at $2.7709 that is in play, the next leg towards can be a matter of time. Previous Bull Perfomance suggests much… https://t.co/A2q2nNaA7y pic.twitter.com/M6RenOzNCz — JAVON⚡️MARKS (@JavonTM1) March 19, 2025 As we can see from the post above, this analyst notices that ADA price is currently holding another set of higher lows and moving in higher upside moves for prices and heading towards the next price target at $2.7709 over 264% away. Once this target is met, the analysts expects ADA price to hit a new ATH price target set at $7.821502.
Ripple CEO Says XRP ETF Could Debut by Q4 2025, XRP Could be Integrated Into the White House Reserve Proposal
Ripple CEO, Brad Garlinghouse, says XRP ETF could debut by Q4 2025. Garlinghouse also adds that XRP could be part of the US strategic crypto reserve. A Ripple Labs IPO is also possible but not a priority, he says. Ripple CEO says XRP ETF could launch by the end of 2025. He also states that XRP is likely to become a part of the White House’s proposed digital asset reserve. This US Strategic Crypto Reserve was confirmed by Trump earlier this month as the United States held a Crypto Summit at the White House. Ripple CEO Says XRP ETF Could Debut by Q4 2025 Ripple CEO Brad Garlinghouse stated that he expects an XRP exchange-traded fund (ETF) to be launched by the end of 2025, and that XRP is likely to become part of the White House's proposed digital asset reserve. He also mentioned that a Ripple Labs initial public offering (IPO)… — Wu Blockchain (@WuBlockchain) March 20, 2025 Despite Michael Saylor advising Trump to hold more BTC under the US Treasury, the USA has not bought any BTC yet, and despite hinting at holding all capable crypto assets, the reserve only holds BTC so far. Yet, according to the post above, Ripple CEO, Brad Garlinghouse hints at the reserve likely to hold XRP in the future. The post also showcases Garlinghouse’s hope for XRP ETF to launch by the end of 2025. In addition, the post reveals that a Ripple Laps Initial Public Offering (IPO) is possible but not a top priority at the moment. Meanwhile, popular XRP analysts are watching the charts to see where XRP price will go next. XRP ATH Price Targets Set at $5 and $8 #XRP – Double Bottom or Wave 5 Downward? ?(Update) As the Aussies like to call it, the "Double Boob" chart! 😄 If #XRP fails to close above the $2.65-$2.70 range, it won't negate wave 4 and will likely lead us down to the 5th wave. BUT #EGRAGCRYPTO , the #SEC dropping the… https://t.co/WDA5TeqZJU pic.twitter.com/uOKaZuW2hX — EGRAG CRYPTO (@egragcrypto) March 19, 2025 Based on the analysis of the post above, a double bottom or another downward wave may be in play for XRP price . He says that in the short term, a close above $2.66 would be a good sign, followed by another close above $2.97 as a second bullish confirmation. In conclusion, he expects a confirmation of a bullish trend with a close at $3.40. If this target is hit, then the next targets are ATH prices of $5 to $8 for XRP.
Bitcoin Price Prediction: CryptoQuant CEO’s Honest 6-12 Month ATH Forecast
Is the Bitcoin bull run over, or are we just in a temporary lull before the next surge? That’s the million-dollar question on every crypto investor’s mind. Recently, CryptoQuant CEO Ki Young Ju sparked a debate with his analysis suggesting the Bitcoin bull cycle might be nearing its end. However, in a recent clarification, he’s adjusted his stance, offering a more nuanced perspective on Bitcoin’s potential trajectory. Let’s dive into what he’s saying and what it means for the future of Bitcoin. Bitcoin Price Prediction: A Revised Timeline In a series of posts on X (formerly Twitter), Ki Young Ju addressed investor concerns and counterarguments regarding his initial analysis. He clarified that while he doesn’t foresee an immediate 70% crash for Bitcoin, reaching a new all-time high (ATH) might take longer than initially anticipated. Instead of an immediate surge, he now suggests a more extended timeframe of 6–12 months for Bitcoin to break its previous ATH. This revised Bitcoin price prediction offers a more tempered outlook, acknowledging the complexities of the current market. Understanding the CryptoQuant CEO’s Bull Cycle Perspective Why the change in tone? It’s not a complete reversal, but rather a refinement of his analysis. Here’s a breakdown of the key points from CryptoQuant CEO’s clarification regarding the Bitcoin bull cycle: No Immediate Crash Expected: Reassuringly, Ki Young Ju explicitly stated that Bitcoin is not at risk of a dramatic 70% crash. This provides a sense of stability amidst market volatility fears. Extended Timeline for ATH: The key adjustment is the timeframe for reaching a new ATH. Instead of a rapid ascent, he now anticipates it could take 6 to 12 months. This suggests a potentially longer accumulation phase. Wide Range Movement: He predicts Bitcoin will likely trade within a wide range during this period. This implies potential sideways movement and volatility within certain price boundaries, offering trading opportunities but also requiring careful risk management. Macroeconomic Uncertainty: A significant factor influencing this revised outlook is the prevailing macroeconomic uncertainty. Global economic factors play a crucial role in crypto market trends, making precise predictions challenging. Delving Deeper into CryptoQuant’s Bitcoin Analysis CryptoQuant is renowned for its on-chain data analysis, providing valuable insights into cryptocurrency market behavior. Their analysis often looks beyond surface-level price movements, examining fundamental metrics like: Exchange Flows: Tracking the movement of Bitcoin onto and off exchanges can indicate buying and selling pressure. Miner Activity: Analyzing miner behavior, such as accumulation or selling, offers clues about market sentiment and potential future supply. Whale Transactions: Monitoring large Bitcoin transactions by whales can signal shifts in market dynamics. Stablecoin Reserves: Observing stablecoin reserves on exchanges can indicate the dry powder available for potential Bitcoin purchases. By analyzing these on-chain metrics, CryptoQuant aims to provide a more data-driven and less emotionally driven perspective on the Bitcoin market. Navigating Bitcoin’s Price Action in the Coming Months So, what actionable insights can investors glean from this revised Bitcoin price prediction? Here are a few points to consider: Embrace Patience The 6–12 month timeframe suggests that quick riches might not be on the immediate horizon. Patience will be key. Instead of expecting overnight gains, consider a longer-term investment strategy. Prepare for Volatility A wide trading range implies volatility. Be prepared for price swings and consider strategies like dollar-cost averaging to mitigate risk during periods of uncertainty. Stay Informed Keep abreast of macroeconomic developments and on-chain data analysis. CryptoQuant’s insights, along with other reputable sources, can help you make informed decisions. Manage Risk Never invest more than you can afford to lose. Diversification and prudent risk management are always crucial, especially in volatile markets. The Impact of Macroeconomic Factors on Bitcoin’s Trajectory Ki Young Ju specifically highlighted macroeconomic uncertainty as a significant factor. But what exactly does this mean for Bitcoin? Let’s break it down: Macroeconomic Factor Potential Impact on Bitcoin Inflation Bitcoin is often seen as an inflation hedge. High inflation could increase demand for Bitcoin as a store of value. Interest Rates Rising interest rates can make traditional investments more attractive, potentially reducing capital flow into riskier assets like Bitcoin. Geopolitical Events Global events can trigger market volatility, impacting Bitcoin’s price both positively and negatively depending on the specific circumstances. Regulatory Landscape Changes in cryptocurrency regulations can significantly influence market sentiment and investor behavior. These macroeconomic forces are constantly evolving and interacting, making market predictions inherently complex. It’s this intricate interplay that adds layers of uncertainty to even the most sophisticated price analysis. Conclusion: Navigating the Bitcoin Landscape with Realistic Expectations CryptoQuant CEO’s clarification provides a valuable dose of realism to the Bitcoin market narrative. While the prospect of a new ATH is still on the table, the revised timeframe of 6–12 months encourages a more measured and patient approach. The emphasis on macroeconomic uncertainty underscores the need for investors to stay informed and adaptable. Instead of chasing unrealistic moonshot predictions, a more pragmatic strategy focused on long-term value and risk management may be the most prudent path forward in the ever-evolving world of cryptocurrency. The journey to a new Bitcoin ATH may be a marathon, not a sprint, and understanding this revised bull cycle timeline is crucial for navigating the road ahead. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Ethereum Bottom Is In: No More Sub-$2,000 Levels?
Ethereum ETH $1 974 24h volatility: 3.2% Market cap: $238.14 B Vol. 24h: $15.02 B has once again climbed above the critical $2,000 mark, fueling discussions among analysts that the bottom may already be priced in. With a slew of technical indicators suggesting a potential rally, traders and investors alike are wondering if the time for purchasing ETH below $2,000 has long passed. Ethereum’s Recovery: Mega Rally Incoming? After slipping below $2,000 in early March, Ethereum has staged a strong comeback, with several analysts calling for a continued rally. Pseudonymous crypto analyst Master Kenobi highlighted an interesting pattern that mirrors Ethereum’s 2020 price action. 💡 ETH – The Bottom Is In – Proof (NFA) The formation from 2019-2020 ended with a pandemic crash on March 10, 2020. An identical ABCDE formation of roughly equal duration concluded with an induced panic crash exactly five years later, on March 10, 2025. Both occurred before… https://t.co/GvPQPeLKjd pic.twitter.com/wC5vbnkHl8 — Master Kenobi (@btc_MasterPlan) March 19, 2025 According to Kenobi, a steep crash in 2020 laid the foundation for an all-time high (ATH), and a similar setup appears to be forming in 2025. His analysis, backed by the chart below, indicates a long-range hidden bullish divergence, suggesting weakening downward pressure for Ethereum. Related article: BTC, ETH to Explode? 21Shares Slashes Fees on Bitcoin and Ethereum ETP The Relative Strength Index (RSI) levels show that selling momentum is tapering off, potentially setting the stage for further upside. Since ETH dipped below $2,000, selling pressure has been intense, with massive outflows from Ethereum ETFs. However, as outflows slow, investors are becoming increasingly confident that Ethereum has already established its bottom. The price surge was recorded amid a $11.75 million in inflows from the United States spot Ethereum exchange-traded funds (ETFs), as per SoSoValue data on March 19th . Key Resistance at $2,400: Can Ethereum Flip Bullish? Analyst Ali Martinez pointed out that Ethereum reclaiming $2,000 is significant, but a true bullish reversal will only be confirmed if ETH conquers the $2,400 resistance zone. The analyst posted a chart, showing heavy resistance in the $2,350-$2,400 range. If Ethereum clears this hurdle, the path to further gains looks promising. #Ethereum $ETH smashed $2,000 today! But conquering the $2,400 zone is a must for a bullish flip. pic.twitter.com/yzPHu0OoBf — Ali (@ali_charts) March 19, 2025 Crypto analyst Caesar also weighed in, sharing a chart that outlines potential price targets for ETH. His analysis suggests that ETH could move toward $2,500 in the near term, with a strong breakout opening doors for a push toward $3,000. $ETH – #Ethereum : you can’t be bearish at bottoms. Send it. pic.twitter.com/F2FUiY4MrQ — Crypto Caesar (@CryptoCaesarTA) March 19, 2025 However, a failure to breach $2,400 could lead to a retest of lower support levels. Standard Chartered’s Bearish Outlook on ETH Despite the bullish momentum, not all analysts are convinced. Standard Chartered recently slashed its 2025 Ethereum price target from $10,000 to $4,000 . The reason? Profit-taking by major players such as Coinbase. A Standard Chartered analyst revealed that Coinbase “proactively sold” 12,652 ETH (roughly $37 million) in Q4 2024. The bank’s research suggests that while Coinbase’s layer-2 network Base drives demand for Ethereum, the company is ultimately selling most of its ETH profits, putting downward pressure on price. “My view is that increased activity on Base increases demand for ETH in the first instance,” said Geoff Kendrick, Global Head of Digital Assets Research, while adding that “all of Base’s profits (which are circa 80% of all Base revenue) are sold (ETH-USD selling) to effectively repatriate profits back to Coinbase.” Kendrick also pointed out that Coinbase’s quarterly Ethereum holdings reflect proactive selling, with net ETH sales of 1,558 ETH over three quarters post-Dencun upgrade. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
BONK Surges 17.37% to $0.00001264: Will It Break Resistance?
BONK saw a17.36% price increase, reaching $0.00001264 in 24 hours. Analysts note a 85.34% drop from BONK’s ATH, highlighting market volatility. BONK (BONK) demonstrated a 17.36% price surge during the last 24-hour period, where it attained $0.00001264 from the low of $0.00001077 . The rising price of BONK (BONK) has been driven by a trading volume surge of 154% that increased the total volume to $169 million. The growing investor interest in BONK resulted in a market capitalization reaching $911 million. Analysts track the token’s volatility because of its previous price patterns, even though the current market shows signs of improvement. Analysts Discuss BONK’s Decline and Potential for Future Growth Astro Frog, an analyst, took to his X account to assess $BONK’s price decline. Since its all-time high (ATH) of $0.00005291, the token has fallen by 85.34%, This significant decline underscores the volatility inherent in meme coins, where market sentiment often drives price fluctuations rather than fundamentals. As a frog that constantly reminds people of the risks in the cryptocurrency market, I clearly know that it's very difficult for the price trend of $BONK to return to its ATH again. 🤷Without a stunning narrative, a strong community, or a great update, it's not an easy task to… pic.twitter.com/XKxsEq21AK — AstroFrog (@AstroFrog_BTC) March 20, 2025 BONK faces challenges in regaining its recorded high because analysts believe it needs either new narratives or public engagement or major updates to recover successfully. There are minimal indications that the current conditions would enable a price rebound for BONK. BONK’s price potential will grow significantly if it gains community support. When backed by the community and fueled by hype, the token has historically seen price increases. The price of BONK should grow with increased exchange listing and real-life project implementations because these developments will draw new investors to the market. The BONK token will achieve additional growth by developing new practical applications alongside sustained community support. Technical Indicators Point to Potential Price Reversal for BONK Several indicators evaluated through technical analysis indicate BONK currently exists in a neutral market state because its Relative Strength Index (RSI) reaches 43.04. A price turnaround may be approaching because the Bollinger Bands are showing signs of contraction. The RSI exhibits an improvement in its previous bearish phase, thus indicating rising bullish market forces. Source: Tradingview Markets need to focus on important support boundaries and resistance levels. The current consolidation zone exists at $0.00001140 while the cap lies at $0.00001274. BONK stands to increase its price if it sustains its position above the support level and moves beyond resistance. The price activity right above these essential levels will reflect the strength of potential future growth potential for investors to observe. Highlighted Crypto News: Bybit CEO Ben Zhou Confirms 88.87% of Funds Stolen by Lazarus Group Still Traceable
Bitcoin Crash Incoming ? CryptoQuant CEO Sounds The Alarm
Is the bitcoin market entering a phase of prolonged decline? This is the question that is stirring the crypto community after the shocking statement from Ki Young Ju, CEO of CryptoQuant. Indeed, known for his accurate on-chain analyses, he stated on the social network X (formerly Twitter) that the bitcoin bull cycle is over. This radical shift in discourse is all the more surprising since he claimed earlier in March that the bull run was still in place, albeit slowed down. The cutting verdict of Ki Young Ju : a bearish market in sight ? In a post on the X platform (formerly Twitter) on March 17, 2025, Ki Young Ju made an explosive revelation about bitcoin . He bluntly announced : “the bitcoin bull cycle is over. I expect six to twelve months of a bearish or sideways market.” This stance is all the more surprising as he asserted earlier in March that the bullish momentum was indeed slowed down, but still intact . BTCUSDT chart by TradingView Thus, this turnaround has immediately affected investor confidence and revived fears of a prolonged correction. The CEO of CryptoQuant bases his analysis on several negative on-chain indicators : A drying up of liquidity : new capital flows into the market are running dry, making it more difficult to see any bullish recovery ; Increased selling by whales : large BTC holders are said to have started to sell their positions at lower prices, a signal often associated with a market in a turning phase ; Critical technical indicators : several on-chain metrics, such as BTC movements between wallets and capital flows, reinforce the thesis of market exhaustion ; A degrading market sentiment : trader optimism is giving way to uncertainty, as long positions gradually decrease in response to falling prices. Ki Young Ju insists that the current momentum resembles a bearish market where new entrants incur losses, which could further dampen interest in bitcoin in the coming months. Analysts oppose a more optimistic view However, some experts refuse to bury the bull cycle too quickly and find Ki Young Ju’s prediction excessive. Seth, a closely followed crypto analyst, points out a major element that could reignite bitcoin: the global M2 money supply, which has just reached a new historical peak. For him, this monetary expansion could be fuel for a new influx of liquidity into risky assets. “Whenever the global money supply explodes, bitcoin benefits. We are about to witness a new rally,” he declared on March 17 in a post on the X platform. Other analysts, such as Dave Weisberger, CEO of CoinRoutes, remind us that bitcoin has historically followed a correlation with the growth of the money supply. If this trend continues, BTC could reach a new ATH as early as April. A forecast shared by Cory Klippsten, CEO of Swan Bitcoin, who estimates there is over a 50 % chance that bitcoin reaches a new peak before the end of June . In light of these elements, it appears that the bearish thesis is not unanimous, and that external economic factors could still drive bitcoin to new records. History has shown that brutal corrections in bitcoin do not always mark the end of a cycle. While Ki Young Ju’s on-chain analysis relies on clear signals, other factors such as global monetary policy and institutional investor behaviors could still favor a rebound. In this context, the battle between proponents of a continued bullish trend and those advocating for a prolonged bearish market is far from settled.
‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics
CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju said in a March 17 X post. All signals are currently bearish, says Ju Ju said that all Bitcoin ( BTC ) onchain metrics indicate a bear market. “With fresh liquidity drying up, new whales are selling Bitcoin at lower prices,” Ju said. It comes only days after Cointelegraph reported that Bitcoin funding rates, which reflect the cost of holding long or short positions in crypto futures , are hovering close to 0%, indicating increasing indecisiveness among traders. Ju’s claim is in stark contrast to his March 4 post, where he said the Bitcoin bull cycle will remain slow but “is still intact,” pointing to neutral readings on key indicators. “Fundamentals remain strong, with more mining rigs coming online,” Ju said in a March 4 X post. Other analysts aren’t as bearish. Swyftx lead analyst Pav Hundal told Cointelegraph that “there is no reason to panic.” Hundal explained that while investors are “spooked” by US President Donald Trump’s tariffs, “all the numbers show a global economy that is pointing in the right direction.” “Money will move to on-risk assets when the market is ready to take on risk.” At the time of publication, Bitcoin is trading at $83,030, down 14.79% over the past month, according to CoinMarketCap data. Bitcoin is down 14.89% over the past month. Source: CoinMarketCap Some analysts think that given that the global M2 money supply has just reached new highs, Bitcoin could be set for an uptrend. “I’m saying Global Money Supply just made another new ATH. We are about to see Bitcoin rally again,” crypto analyst Seth said in a recent X post. Likewise, CoinRoutes CEO Dave Weisberger said that if the historical trend persists, Bitcoin could reach all-time highs by late April. “Expect Bitcoin to hit a new ATH within a month if its BETA correlation to money supply holds,” Weisberger said in a March 17 X post. Related: Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why? However, based on historical data, Bitcoin’s current price is 67% lower than the lower bound should be, according to former Phunware CEO Alan Knitowski. “At this stage of the cycle, the lower bound of the historical range should be around $250,000,” Knitowski said in a March 17 X post. Source: Alan Knitowski Swan Bitcoin CEO Cory Klippsten recently told Cointelegraph that “there’s more than a 50% chance we will see all-time highs before the end of June this year.” Bitcoin’s current all-time high of $109,000 was reached on Jan. 20, just hours before Trump was inaugurated as US President. Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Bitcoin Poised to Hit $126K by June: Market Data Reignites Bull Momentum
Key Points Bitcoin’s historical data suggests a potential new all-time high by June 2025, backed by seasonal trends and current market conditions. Factors such as the 50 weekly Moving Average, Spent Output Profit Ratio trend, and Funding Rates on Binance indicate extended stability and potential growth for Bitcoin. Bitcoin’s Historical Trends and Future Projections Bitcoin was observed trading near the low end of its historical seasonal range. Bitcoin bulls were defending the crucial weekly MA50 at $75.8K, as the SOPR trend signaled a long period of consolidation. Analysis of Bitcoin [BTC] since 2015 showed that the cryptocurrency achieved its most affordable price period, as denoted in the “10 Years of Bitcoin Seasonality in One Chart.” Historical data confirmed that BTC maintained the shortest growth range between 0.80 and 1.00 during January and February, correlating exactly with the current position. Bitcoin demonstrated its greatest annual price changes throughout the time span of April through October because these months created all changes in market value. From April, the growth pattern continued to stabilize until October where it continued its regular upward expansion from 1.40 to increase the price to 1.60. Potential New All-Time High for Bitcoin Current data suggests Bitcoin could surpass its previous all-time high by June 2025. Its projected growth may reach 2.00 or higher, with anticipated price levels between 2.20 and 2.60 from late 2024 to early 2025. This projection relies on historical trends, where April’s seasonal uptick and October’s momentum often fueled significant gains. Beyond June, Bitcoin’s price may remain below 1.20 unless April sees its usual upward trend, the dollar’s weakness stabilizes, or investor interest increases. The new anticipated ATH of Bitcoin can be backed by the fact that BTC bulls are protecting the essential 50 weekly Moving Average (MA50) by holding out at $75.8K. Currently, the price is hovering around $83.1K, just above the MA50. The first support level has historically served as a rebound zone. For instance, Bitcoin rose from $67K in July 2024 to $83K in December, demonstrating sustained positive market movement. Further analysis of the Spent Output Profit Ratio (SOPR) trend signal suggests Bitcoin could maintain extended stability. A decrease in SOPR from 1.07 to 1.00 during January 2025 indicates that buyers have halted profit-taking. Historically, when SOPR reached approximately 1.00—such as in mid-2023—the market often experienced price increases. This pattern suggests Bitcoin could potentially reach a new all-time high by June. Additionally, Funding Rates on Binance held a negative position of -0.02 as of March 2025 as BTC traded around $83.6K. In June 2024, a negative Funding Rate of -0.02 triggered a price increase, pushing Bitcoin from $50K to $70K. A similar Funding Rate movement could potentially drive BTC’s price above $100K. However, if a prolonged negative Funding Rate coincides with a failure of the MA50 support, BTC’s price could drop to $70K. This scenario could also delay the achievement of a new all-time high. Tags: Bitcoin (BTC)
‘Bitcoin bull cycle is over,' CryptoQuant CEO warns, citing onchain metrics
CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju said in a March 17 X post. All signals are currently bearish, says Ju Ju said that all Bitcoin onchain metrics indicate a bear market. “With fresh liquidity drying up, new whales are selling Bitcoin at lower prices,” Ju said. It comes only days after Cointelegraph reported that Bitcoin funding rates, which reflect the cost of holding long or short positions in crypto futures , are hovering close to 0%, indicating increasing indecisiveness among traders. Ju’s claim is in stark contrast to his March 4 post, where he said the Bitcoin bull cycle will remain slow but “is still intact,” pointing to neutral readings on key indicators. “Fundamentals remain strong, with more mining rigs coming online,” Ju said in a March 4 X post. Other analysts aren’t as bearish. Swyftx lead analyst Pav Hundal told Cointelegraph that “there is no reason to panic.” Hundal explained that while investors are “spooked” by US President Donald Trump’s tariffs, “all the numbers show a global economy that is pointing in the right direction.” “Money will move to on-risk assets when the market is ready to take on risk.” At the time of publication, Bitcoin is trading at $83,030, down 14.79% over the past month, according to CoinMarketCap data. Some analysts think that given that the global M2 money supply has just reached new highs, Bitcoin could be set for an uptrend. “I’m saying Global Money Supply just made another new ATH. We are about to see Bitcoin rally again,” crypto analyst Seth said in a recent X post. Likewise, CoinRoutes CEO Dave Weisberger said that if the historical trend persists, Bitcoin could reach all-time highs by late April. “Expect Bitcoin to hit a new ATH within a month if its BETA correlation to money supply holds,” Weisberger said in a March 17 X post. However, based on historical data, Bitcoin’s current price is 67% lower than the lower bound should be, according to former Phunware CEO Alan Knitowski. “At this stage of the cycle, the lower bound of the historical range should be around $250,000,” Knitowski said in a March 17 X post. Source: Alan Knitowski Swan Bitcoin CEO Cory Klippsten recently told Cointelegraph that “there’s more than a 50% chance we will see all-time highs before the end of June this year.” Bitcoin’s current all-time high of $109,000 was reached on Jan. 20, just hours before Trump was inaugurated as US President.
Bitcoin Rebounds to $83K as BTC Bull Token Charges Past $3.7M in ICO
The BTC Bull Token ($BTCBULL) ICO has now charged past $3.7 million as of Monday, aligning with Bitcoin’s (BTC) rebound to $83,000. Bitcoin briefly dipped to $82,000 during early Monday trading in Asia but quickly bounced back to a high of $83,700 before stabilizing around $83,500 at the time of writing. Many analysts remain optimistic that Bitcoin could surpass its current all-time high (ATH) of $109,000 in 2025, with some projecting a potential surge to $200,000 or beyond. If that happens, early BTC Bull Token project investors could be poised for significant returns. BTC Bull Token is currently the only meme coin that offers holders passive Bitcoin rewards via its native token, $BTCBULL. This sets it apart from typical meme coins, giving investors a unique way to accumulate BTC without directly riding the asset’s price swings. The ongoing presale round is set to close in less than two days, giving investors a limited opportunity to secure $ BTCBULL at $0.002415 before the subsequent price increase. Gold may have outshined Bitcoin for now, but it looks like a temporary lead Bitcoin’s price action has been notably volatile over the past week. After dipping to $76,000, it rebounded above $80,000, experiencing several fluctuations below that threshold within those seven days. Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap The broader cryptocurrency market has been in a state of uncertainty following its peak in early December 2024. This unease stems from major events such as a couple of large-scale crypto rug pulls, the largest crypto exchange hack in recent memory, and a vague announcement regarding the U.S. Bitcoin strategic reserve. Concurrently, the traditional financial markets have faced downward pressure, influenced by a hawkish Federal Reserve stance and U.S. President Donald Trump’s tariff threats, which have sparked recession concerns. In this climate, gold has reaffirmed its status as a safe-haven asset, outperforming Bitcoin by appreciating 12.68% over the past three months, while Bitcoin declined by 21.29%. Gold ETFs have seen substantial inflows, recording their highest monthly figures since March 2022 , whereas Bitcoin ETFs have experienced outflows totaling approximately $3.8 billion since February 24. https://farside.co.uk/btc/ These uncertainties may prompt the Federal Reserve to reassess its monetary policy, especially if the U.S. economy shows signs of recession. Should the Fed decide to lower interest rates, borrowing could become more attractive, potentially expanding the M2 money supply – a factor that has historically correlated with Bitcoin’s price growth. In such a scenario, the current market downturn might be short-lived, positioning Bitcoin for potential price increases. This outlook aligns with analysts’ and market observers’ expectations for a breakout year for Bitcoin, especially following last year’s halving event. One of the price predictions for Bitcoin this year suggests it could reach $200,000 in 2025. If that happens, it would benefit holders of $ BTCBULL tokens, as it would unlock their tokens’ Bitcoin-earning capabilities. Is Bitcoin price at $200,000 in 2025 still in play? One of the prominent voices forecasting Bitcoin’s potential to hit $200,000 this year is SkyBridge Capital founder Anthony Scaramucci. The trajectory of crypto is clear, and @SkyBridge ’s conviction in digital assets is stronger than ever. I predict that Bitcoin will hit $200k in 2025. 🔮🚀 My contribution to @FortuneMagazine ’s annual Crystal Ball predictions 🧵👇 — Anthony Scaramucci (@Scaramucci) January 2, 2025 Known for his brief stint as White House Communications Director during Trump’s first term, Scaramucci attributes this bullish outlook to the administration’s economic policies and its openness toward crypto. Scaramucci also believes Bitcoin is currently trading about 20% below its fair value, aligning with the asset’s ability to withstand a 30% pullback before mounting a recovery. Historically, post-halving years have been pivotal for Bitcoin’s growth. For instance, after the 2020 halving, Bitcoin climbed from its pre-halving price of $8,570 to $63,500 within 18 months – a staggering 640% surge. Considering Bitcoin’s most recent pre-halving price of $63,842, its previous ATH represents just a 70% gain. If Bitcoin were to replicate the 640% increase seen in the last cycle, its price could skyrocket to around $473,000 – making Scaramucci’s $200,000 target seem like a conservative projection. For $ BTCBULL token holders, such a rally could be highly rewarding. Each price milestone triggers Bitcoin rewards, allowing holders to accumulate bitcoins without the overhead costs of mining – making $BTCBULL a compelling option for investors positioning for Bitcoin’s next big move. Could Bitcoin reach $450,000 this year? Owning $ BTCBULL tokens at their current presale prices could prove to be a strategic move for investors looking to stack Bitcoin rewards – with payouts triggered whenever Bitcoin hits key price milestones, all the way up to $1 million. The first target is set at $150,000 – just a 134% jump from Bitcoin’s pre-halving price. When that happens, $BTCBULL holders will activate their first Bitcoin airdrop, with rewards weighted based on the amount of tokens they own. From there, additional airdrops happen in $50,000 increments – with milestones at $200,000, $250,000, and beyond. If Bitcoin mirrors its previous post-halving rally and climbs to $450,000 this year, investors could unlock as many as six Bitcoin airdrops. https://twitter.com/BTCBULL_TOKEN/status/1889656398977368403 That’s why accumulating $BTCBULL tokens at presale prices could be key to maximizing future Bitcoin rewards. $ BTCBULL is designed for long-term holding, making it a rare meme coin that rewards patience rather than speculative trading. With more investors locking in tokens to secure future airdrops, these low presale prices may not stick around for long. On top of that, $BTCBULL’s supply shrinks each time Bitcoin crosses a new price target, starting at $125,000 and repeating in $50,000 intervals. This supply squeeze could further lift its value, making this presale phase an optimal entry point for investors aiming to maximize their Bitcoin rewards. The key is to be early While this utility is a no-brainer, there’s a catch – its powerful Bitcoin-earning feature may be reserved exclusively for presale buyers, as the project team has prioritized this utility for early supporters. That means securing $BTCBULL tokens now could be crucial for those looking to unlock this unique earning potential. Visit the BTC Bull Token website to make a purchase using ETH, USDT, or a bank card. For the best experience, consider using Best Wallet – the recommended option that fully integrates $BTCBULL’s Bitcoin rewards feature. By holding your $BTCBULL tokens in Best Wallet, you’ll automatically qualify for Bitcoin airdrops delivered directly to your BTC wallet address within the app. Best Wallet is available on Google Play or the Apple App Store . Stay connected with the BTC Bull Token community on X and Telegram for the latest updates. Visit BTC Bull Token .
Liquidity Crush
Executive Summary Liquidity continues to contract across on-chain and spot markets, with net capital inflows grinding to a halt, and exchange inflows slowing down. Open Interest across futures contracts has pulled back, suggesting a reduction in hedging and speculative activity. Alongside this, an unwind in the cash-and-carry trade on CME Group futures appears to be underway, providing additional headwinds for market liquidity. Key options metrics express a preference for downside risk aversion, with the implied volatility priced into put options resulting in elevated premiums. Short-term investors are experiencing significant pressure to lock in losses. However, the incentive to capitulate remains somewhat less severe than in previous correction events and bearish periods. Long-Term Holder activity remains largely subdued, with a notable decline in their sell-side pressure. This cohort still owns a comparatively large volume of network wealth for this stage of the cycle, creating an interesting dynamic moving forward. 💡 View all charts in this edition in The Week On-chain Dashboard. Contracting Liquidity The digital asset landscape has experienced strong downside pressure over recent weeks, with the Bitcoin price falling from $97k in late February, to $82k today. A stark contraction in liquidity appears to be underway, and supports the decline in valuations. Net capital inflows into Bitcoin are grinding to a halt, with the Realized Cap growing at a rate of only +0.67% per month. From this, we can draw two key observations: As of now, there is a lack of fresh capital entering the asset to support higher prices. Volatility expectations are elevated, as the market transitions from a profit-dominated regime, back towards a more neutral equilibrium position. Live Chart One method to measure and quantify active capital in the market is through the ‘Hot Supply’ metric. This supply volume represents the wealth held within coins aged one week or less and can be considered as a proxy for coins available and ready to transact. The current wealth held by the Hot Supply cohort has declined from 5.9% of the circulating supply, to a value of just 2.8%. This represents more than a 50% contraction in liquid circulating coins, suggesting that there has been a decline in the appetite for trade and speculation. Live Chart A similar trend can be seen across inflow volumes to Exchanges, the central locations for trading activity. Inflows across all exchanges have declined from +58.6k BTC/day at the market peak to the current value of +26.9k BTC/day, a decline of over -54%. This aligns with the decline in aggregate investor sentiment and market capital flows noted previously. There is also a similarity in the magnitude of contraction between the Hot Supply, and Exchange Inflows, providing a view of weaker overall demand-side pressure. Live Chart Cash-and-Carry Unwind Having assessed the on-chain landscape, we shall redirect our attention to the derivatives market, which experiences the highest trade volume of all market sectors. Assessing the open interest in futures contracts, we can see a large decline taking place in recent months. Open interest has declined from $57B at the market ATH, down to a current value of $37B (-35%). This highlights a net reduction in speculation and hedging activity, painting a similar dynamic to the dampened activity witnessed in various on-chain markets. Live Chart The introduction of US spot ETFs in 2024 provided institutional investors with the opportunity to put on regulated cash-and-carry trade positions. By pairing long-ETFs with a short-futures position via the CME Group exchange, traders can now arbitrage the oftentimes healthy price premium which exists between spot and futures markets. Strong evidence for the cash-and-carry trade can be found by comparing the 30d flows into the US Spot ETFs and Open Interest across CME Futures contracts. Both of these metrics have experienced strong growth during the up-trending market between Oct and Dec 2024. However, as long-side bias starts to soften in the market, an unwinding of the carry-trade appears to be underway. This has resulted in substantial ETF outflows, and the closure of a similar volume of futures positions. Closing out these positions requires selling of the ETFs. Since the ETFs tend to trade with lighter volume than the futures markets, this can create additional headwinds for spot Bitcoin markets, whilst the futures markets are often large enough to absorb the additional volume. Live Chart Demand for Downside Protection As Bitcoin and the digital asset landscape continues to mature and institutionalize, the size of options markets continues to grow. This is largely due to the versatility of the instrument, allowing investors to deploy sophisticated strategies, and fine tune their risk management strategies. One metric we can use to gauge institutional investor sentiment and risk appetite is the Volatility Smile, showing the implied volatility premium paid for different puts or calls at various strike prices. Currently, we can observe a higher premium exists for puts, suggesting that downside protection is comparatively more expensive. This reflects a prevailing market sentiment where downside protection carries a premium. Live Chart We can also see this within the Options 25 Delta Skew metric, which evaluates the difference in implied volatility for puts and calls with the same delta. We can see a sustained uptrend in delta skew for the 1-week and 1-month contracts, suggesting that puts are increasingly more expensive than equivalent calls. This again underscores risk-averse behavior, and a heightened demand for downside protection. Live Chart Short-Term Holders Under Pressure We have established that a broad contraction in liquidity is occurring across both the on-chain, and in derivative markets. In the next section, we will assess how this has affected Short and Long-Term Holder cohorts in the on-chain space. A commonly used tool for assessing investor stress is the unrealized loss metric, which reflects the dollar value of paper losses held by investors. The recent downtrend has plunged a substantial number of Short-Term Holder coins into an underwater position, with their relative unrealized loss nearly reaching the +2σ threshold. Despite these elevated paper losses, the financial damage carried by new investors remains largely in line with the yen-carry-trade unwind on 5-Aug-2024. It is also aligned with the upper-bound values we have seen in most prior bull markets. The scale of unrealized losses is also considerably less severe than those experienced during the May 2021 sell-off, and in the 2022 bear market. Live Chart When evaluating the rolling 30-day sum of Short-Term Holder losses, we note that a large portion of new investors has capitulated under the immense drawdown pressure, with the current sell-off representing the largest sustained loss-taking event of the cycle ($7B). Note again however, that the magnitude of losses is still far smaller than the previously mentioned capitulation events. Live Chart Long-Term Holders Remain Calm Switching our focus towards the Long-Term Holder cohort, we note that their spending pressure is beginning to wane. One way we can quantify this is by using the Binary Spending Indicator, which is designed to spot when Long-term Holders are spending a significant proportion of their holdings in a sustained manner. We note that the Binary Spending Indicator has begun to slow down, and pull back. Long-Term Holder supply is also beginning to climb after several months of decline. This suggests that there is a greater willingness to hold, than to spend coins amongst this cohort. This perhaps represents a shift in sentiment, with Long-Term Holder behavior moving away from sell-side distribution. Live Chart We can evaluate the percentage of the total Long-Term Holder balance sent to exchange addresses. By this metric, we can see a pronounced, but swift spike in distribution as the market traded down into the low-$80k range. This suggests that some long-term investors opted to de-risk, taking profits off the table amidst the uptick in volatility. However, the intensity and magnitude of each distribution wave appears to be getting smaller. This perhaps alludes to a degree of saturation being reached amongst Long-Term Holders, where they have completed a majority of their sell-side activity within the current price range. Live Chart Bull markets are typically punctuated by intense sell-side pressure and profit taking from long-term investors, which is balanced by buy-side demand from new market participants. The metric below assesses the cumulative profit realized by Long-Term Holders since the previous cycle ATH was broken. We can then quantify the sell-side pressure that each cycle has absorbed, providing a proxy for the demand-side which was required to absorb it and sustain the bull market. Interestingly, the amount of profit realized by LTHs this cycle is within a similar range to previous cycles, evidencing the significant volume of sell-side pressure that the market has absorbed. However, it is also worth noting that the LTH the cohort still holds a comparatively large amount of the total wealth, especially for this later-stage of the cycle. This interesting observation may indicate a more unique market dynamic moving forwards, as a relatively large pool of capital remains tightly held. Live Chart Conclusions A decline in speculation activity across digital assets is now apparent, with investors taking an increasingly risk-adverse stance. This is evidenced by the contraction in liquidity occurring across both on-chain and futures markets. Additionally, the options market continues to price a higher premium for downside protection. When we look at the investor response to volatility, we see two divergent stories. First, Short-Term Holders are taking some of the largest losses of the cycle, reflecting a degree of fear. Long-Term Holders on the other hand, have slowed their spending, seeming to move away from sell-side distribution, and perhaps back towards patient accumulation and holding. Disclaimer: This report does not provide any investment advice. All data is provided for information and educational purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions. Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies. Please read our Transparency Notice when using exchange data . Join our Telegram channel. For on-chain metrics, dashboards, and alerts, visit Glassnode Studio .
Bitcoin’s Price Outlook: Analysts Debate Potential Bear Market and Future Trends
Bitcoin’s price action is under intense scrutiny as analysts present diverging viewpoints on its future trajectory amidst market volatility. While some experts forecast a bearish trend, others highlight opportunities that could drive Bitcoin to new highs in the coming months. “Expect Bitcoin to hit a new ATH within a month if its BETA correlation to money supply holds,” remarked CoinRoutes CEO Dave Weisberger. Bitcoin faces a critical period as analysts show mixed sentiments; some foresee months of struggle while others predict a potential rally ahead. Bitcoin’s Diverging Forecasts: Bearish Views vs. Potential Upswings Current analysis from industry leaders reveals a complex picture for Bitcoin (BTC). According to CryptoQuant’s Ki Young Ju, prominent indicators suggest that all signals are currently bearish. Ju’s recent comments mark a significant shift in his stance, moving from the belief in a slow but intact bull cycle to an expectation of “6-12 months of bearish or sideways price action” as of March 17. Ju points to diminishing liquidity and the emergence of new whales selling Bitcoin at lower prices, which compounds market uncertainty. Notably, days before his bearish outlook, market indicators were perceived as neutral, suggesting fluctuations in sentiment. Market Indicators: Liquidity and On-Chain Analysis Ju emphasized that fresh liquidity in the market is drying up, which could exacerbate price stagnation. This assertion aligns with recent findings about Bitcoin’s funding rates remaining close to zero, indicating indecisiveness among traders. While Ju’s analysis presents a pessimistic view, other experts offer a more optimistic perspective. For instance, Swyftx lead analyst Pav Hundal noted that market conditions don’t warrant panic just yet. With global economic indicators trending positively, Hundal suggests that investors may soon shift their focus back to risk assets. Potential Catalysts for a BTC Upswing Despite bearish forecasts, several analysts identify conditions that could stimulate a rally. Crypto analyst Seth highlighted that the global M2 money supply recently reached new all-time highs, positing that such economic factors could serve as a foundation for Bitcoin’s potential rise. This correlation with money supply reinforces the notion that as liquidity floods the market, Bitcoin could be poised for an uptrend. Historical Trends and Price Predictions Analyzing past market behaviors, CoinRoutes CEO Dave Weisberger stated that if Bitcoin continues to correlate with increasing M2 supply, we could see significant price movements. He specifically stated, “Expect Bitcoin to hit a new ATH within a month,” referencing historical patterns that have seen price surges following liquidity increases. On the flip side, Alan Knitowski, a former CEO, cautions that Bitcoin’s current valuation is substantially below historical standards, asserting that it should ideally be positioned around $250,000 at this stage of the cycle. Conclusion As Bitcoin navigates this pivotal moment, analysts are sharply divided on its near-term future. With predictions ranging from extended bearish phases to potential rallies driven by economic indicators, one thing remains clear: market participants should remain vigilant and informed. The next few months will be crucial in determining Bitcoin’s direction, and investors are advised to consider multiple viewpoints as they formulate their strategies in this dynamic environment. In Case You Missed It: SEC's Consideration of Revisiting Cryptocurrency Custody Rules Could Signal Changes for Bitcoin and Altcoins
XRP’s Momentum Breaks Out Again, Can This Bullish Indicator Lead to a New $70 ATH Price?
Ripple’s XRP’s momentum breaks out again. Analysts note multiple bullish indicators on XRP chart. XRP could pump parabolically by over 470% to surge and hit new ATHs of $33 and $70. Despite claims that altseason peak has been delayed and that the Bitcoin bull cycle will experience an extended run this cycle, altcoins continue to show highly bullish indicators. Ripple’s XRP is one such bullish altcoin. To highlight a major bullish indicator signaled on the XRP price chart as XRP’s momentum breaks out again. XRP’s Momentum Breaks Out Again $XRP 's momentum (by RSI) has BROKEN OUT AGAIN! The last time a similar momentum breakout happened, prices did a near 6X in roughly +470% SURGE! Another monumental surge in XRP can be commencing… https://t.co/K1pYkS6txh pic.twitter.com/LX08kNAWcU — JAVON⚡️MARKS (@JavonTM1) March 16, 2025 As we can see from the post above, this reputed crypto analyst shares a shot of the XRP price chart and marks how XRP’s momentum breaks out again . He notes that the momentum by RSI broke out, and that the last time this same pattern played out, the momentum breakout led to a pump of over 470%. This surge pulled a near 6x on the price of XRP and seeing the same pattern play out again has led the analyst to believe that another monumental surge in XRP is likely on the horizon. Responses to the post remain bullish with high expectations for XRP price going into the coming months of the ongoing bull cycle. $30 or $70 XRP ATH Price Expected #XRP – 3rd Stick Post ($33 – $70) 🌊 I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top. By applying percentage formulas, I am… pic.twitter.com/EXok7CBTW1 — EGRAG CRYPTO (@egragcrypto) March 16, 2025 Adding to the bullish expectations is the post above, another reputed crypto analyst goes on to share his observations on the XRP price chart where he highlights a compelling pattern that could propel the price of XRP to much higher new ATHs. To specify, this analyst expects XRP price to shoot up to $33 and $70 this bull cycle.
Solana Price Prediction 2025: SOL Price Breakout to NEW ATH as Cup and Handle Pattern Shapes Up
Solana (SOL) , renowned for its high-speed transactions and scalable blockchain solutions, has been a focal point in the cryptocurrency market. As of March 15, 2025, Solana's price hovers around $133 , reflecting a dynamic period influenced by various technical patterns and market sentiments. Notably, the emergence of a classic cup-and-handle pattern has garnered attention, suggesting potential bullish movements in the near future. By TradingView - SOLUSD_2025-03-15 (1D) Solana Price Analysis: Understanding the Cup and Handle Pattern in SOL Price The cup-and-handle pattern is a bullish technical formation that resembles a teacup, characterized by a rounded bottom (the "cup") followed by a shorter consolidation period (the "handle"). This pattern often precedes significant price breakouts, indicating a potential upward surge. In Solana's case , analysts have observed this pattern forming over an extended period, hinting at a substantial bullish momentum. By TradingView - SOLUSD_2025-03-15 (1M) Solana Price Prediction 2025: SOL Price Breakout to NEW ATH? Prominent analysts have highlighted the potential implications of this pattern for Solana's price. If the cup-and-handle formation completes successfully, Solana could experience a remarkable surge . Specifically, projections suggest that SOL could reach approximately $3,800, marking an astonishing 2,900% increase from its current valuation. By TradingView - SOLUSD_2025-03-15 (5D) Solana Bullish Momentum Builds The broader market sentiment towards Solana remains optimistic. Experts emphasize the importance of the cup-and-handle pattern as a reliable indicator of bullish trends. The successful completion of this pattern could position Solana for unprecedented growth, attracting both institutional and retail investors. However, it's essential to approach these projections with caution, considering the inherent volatility of the cryptocurrency market. By TradingView - SOLUSD_2025-03-15 (YTD) Solana's current technical landscape , highlighted by the emerging cup-and-handle pattern, presents a compelling case for potential bullish movements in 2025. While analysts project a possible surge to $3,800, investors should remain vigilant and consider market dynamics when making investment decisions. As always, thorough research and risk management are paramount in navigating the cryptocurrency market.
Pi Day is Here – Will Pi Network Price Explode or Keep Crashing?
Last updated: March 14, 2025 12:45 EDT Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. Pi Network has plunged by 8.5% in the past 24 hours, with its fall to $1.57 coming as the crypto market suffers a 2% drop today. Its dive also happens to come on Pi Day, an international and annual commemoration of the mathematical constant π, from which the altcoin takes its name. Yet this little fact doesn’t seem to have helped PI, which is also down by 12.5% in a week and by 47% since reaching an ATH of $2.99 on February 26. However, a PI bull would argue that these declines put the new token in a strong position to rebound in the coming weeks, with Pi Network’s price prediction for the longer term continuing to look promising. Pi Day is Here – Will Pi Network Price Explode or Keep Crashing? It probably isn’t surprising that Pi Day hasn’t incited a massive Pi Network rally, given that the two aren’t directly related. That said, some traders and platforms have made an effort of making a connection, with Bitget, for example, running a promotion to coincide with the mathematical celebration. Happy Pioneer Day! To reward all the pioneers in #crypto , we’ll give away an extra $3,140 in $PI to Candybomb participants from March 13 – March 14. Simply: 🔹Follow @bitgetglobal RT 🔹Fill the form: https://t.co/lxf0IG8jrx 🤑 10 winners, $314 in $PI each! #HappyPioneerDay … pic.twitter.com/ZoQqSCJ6mC — Bitget (@bitgetglobal) March 13, 2025 Yet probably the most relevant thing happening with the Pi Network today is that it’s the final deadline for passing the KYC necessary to migrate mined tokens over to the platform’s mainnet. In fact, the deadline expired at 8:00am UTC (or 4:00am EST), meaning that any early PI miners who haven’t verified their tokens have now lost them. Reports are already arriving that some PI holders have had to forfeit their tokens, although exact figures aren’t clear at this point. 🚨 BREAKING: Forfeited section is being rolled out. Pioneers are losing massive amounts of Pi. Here is an example of a Pioneers losing 10k Pi. This is shocking 🤯🤯 #pinetwork #pi $pi #picoin #minepi pic.twitter.com/fr3tmY8Zv7 — pinetworkmembers π (@pinetworkmember) March 14, 2025 This is damaging to Pi Network insofar as it makes the transition to its mainnet seem less-than perfectly handled, although bulls could argue that the burning of unverified tokens is good for deflation. Either way, it seems that the market isn’t entirely happy about PI today, judging by how it has fallen harder than the rest of the market. Its chart today shows a strong loss of momentum, with the 30-period average (orange) threatening to drop below the 200-period (blue). Source: TradingView However, once its relative strength index (purple) touches or falls below 30, we could then see the Pi Network price recover. Based on its recent action, and depending on just how many tokens end up being forfeited, we could see it return to $2 by the end of April. And assuming that the wider macroeconomic situation stabilizes ( not very likely at the moment ), it could hit $3 by H2. Early-Stage Altcoins Showing Strong Potential As popular as Pi Network has become, it has yet to prove that it has staying power, with the coin suffering a strong loss of momentum since its mainnet went live on February 20. As such, many traders may prefer to look to even newer alternatives, with several presale coins looking as though they could also rally big when they list in the coming weeks. One of these is Meme Index (MEMEX), an ERC-20 token that has now raised over $4 million in its soon-to-be-ending ICO. These Memes are not stopping for anybody! 4M Raised!📈📈🔥 pic.twitter.com/hvCisIwm4L — Meme Index (@memecoin_index) March 13, 2025 Meme Index has been so successful in its presale because it’s offering something which no other project has offered to date, which is a decentralized meme index platform. In other words, its platform will operate several indexes that will track varying baskets of meme coins, and which MEMEX holders can invest in. It will offer four such indexes at launch, with each differing in its respective risk profile. For instance, its flagship Titan index will track the biggest tokens such as Dogecoin and Shiba Inu, while at the other end of the scale its Frenzy index will track the newest meme coins. By offering this, Meme Index provides investors with a means of spreading their risk across multiple tokens, while also increasing their exposure to potential gains. And because MEMEX is the only way of investing in these indexes, it could attract substantial demand. MEMEX’s presale will end in 17 days, with investors still able to join it by going to the Meme Index website . The coin is now selling at its final presale price of $0.0166883, but this could rise much higher when it lists.
Global M2 Hits New ATH – Will Bitcoin Follow?
Global M2 money supply has hit a new all-time high. Historically, Bitcoin has reacted positively to rising liquidity. Investors anticipate a potential Bitcoin surge. The global M2 money supply, which represents the total amount of liquid money in circulation, has officially reached a new all-time high (ATH). M2 includes cash, checking deposits, and easily convertible near-money, making it a key indicator of economic liquidity. This increase signals central banks’ continued efforts to inject liquidity into the financial system, potentially leading to inflation and asset appreciation. Bitcoin’s Historical Reaction to M2 Growth Bitcoin has often been seen as a hedge against monetary expansion. Historically, when global liquidity rises, Bitcoin tends to follow suit due to its fixed supply and decentralized nature. During previous cycles, significant M2 growth has coincided with Bitcoin bull runs, as investors seek alternatives to fiat currencies facing potential devaluation. BREAKING: Global M2 hit officially a new ATH. #Bitcoin will follow suit 🚀 pic.twitter.com/U6AXUGdDw7 — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) March 14, 2025 Will Bitcoin Follow This Time? With M2 reaching record levels, many analysts predict Bitcoin could benefit once again. Increased liquidity often translates to greater capital inflows into assets like Bitcoin, particularly as concerns over inflation and currency devaluation persist. If historical trends repeat, Bitcoin could be on the verge of another major rally. However, Market conditions, regulatory developments, and macroeconomic factors will ultimately play a crucial role in determining Bitcoin’s trajectory. Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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