Argin Chronicles
Recent developments in the Bitcoin market have sparked speculation and uncertainty among investors, as key indicators point to potential shifts in accumulation patterns and price dynamics. For the first time since October 2023, there has been a noticeable change in Bitcoin’s Accumulation Trend Score, now standing at 0.27. This shift suggests a possible alteration in […]
Bitcoin experienced its first drop below the $67,000 mark since April 4th, resulting in over $850 million in liquidations within the past day. This downward trend has also affected other asset classes, including the SP500 and gold, indicating broader concerns regarding CPI and inflation across various sectors. 📉 #Bitcoin's first drop below $67K since April […]
In recent trading sessions, Ethereum ($ETH) experienced a notable price drop of over 10% from its peak of $4,000. However, despite this downturn, a significant majority of Ethereum holders, approximately 89%, remain in a profitable position. As investors assess the potential for Ethereum’s price to rebound towards the $4,000 range, on-chain data highlights a key […]
Recent market movements have sparked bullish sentiment among traders as Bitcoin surged back above the $67.6K mark, inching closer to its previous all-time high of $69.2K by a margin of 2.4%. While uncertainties loom, the possibility of a new all-time high remains plausible, especially with potential inflows from whales and ETFs. 🧐 Trader sentiment is […]
XRPLedger, the underlying technology behind the cryptocurrency XRP, has witnessed a significant milestone with over 5.02 million distinct wallets holding more than 0 XRP coins. This marks the highest number of wallets in the 10+ years of XRPLedger’s public trading history. The growth in wallet adoption reflects the expanding network and growing interest in XRP. […]