Recent insights from CryptoQuant reveal significant growth in private Bitcoin transactions, challenging the narrative that these methods are predominantly used for illicit purposes. The surge in CoinJoin transactions, which has
On December 27th, COINOTAG News reported that the decentralized derivatives platform GMX has successfully launched Injective (INJ) perpetual contracts on the Arbitrum network. This strategic move enables traders to engage
Cardano (ADA) shows significant price volatility with peaks and troughs. The price predictions for January 2025 depend on ongoing developments and partnerships. Continue Reading: Cardano (ADA) Experiences Significant Price Fluctuations The post Cardano (ADA) Experiences Significant Price Fluctuations appeared first on COINTURK NEWS .
CryptoQuant’s CEO Ki Young Ju dismissed the idea that private CoinJoin transactions are mostly used by hackers to launder stolen funds.
In a recent analysis by Wintermute’s Jake Ostrovskis, the ongoing trend of corporations integrating Bitcoin into their financial strategies is poised to persist into 2025. Ostrovskis emphasized in an interview
FTT's CMF has been below -0.05 consistently for the majority of the past year, showing no steady capital inflows.
An analyst has explained how the age of the average Bitcoin token has only been getting older during the recent bull run, something that could be bullish for the asset’s price. Bitcoin Average Coin Age Has Been Trending Up Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the recent trend in the Average Coin Age for Bitcoin. The “Average Coin Age” is an on-chain metric that keeps track of how long the average BTC token has been staying dormant for. A coin is said to be dormant when it sits still inside an address without being involved in any sort of transaction activity. The longer the coin stays in this state, the more it ‘ages’ up. Related Reading: XRP Jumps 4%, Whale Reacts With $69 Million Coinbase Deposit Now, here is the chart shared by the analyst that shows the trend in the 30-day and 365-day moving averages (MAs) of the Bitcoin Average Coin Age over the last few years: As is visible in the above graph, the 30-day MA of the Bitcoin Average Coin Age has seen some sharp spikes this year, but also some equally steep declines. This would suggest that the investors have been participating in some phases of HODLing, but they have also not been shying away from taking some profits. On the whole, however, the holders have shown notable resolve, as the 365-day MA of the indicator has been in a constant state of uptrend since the end of the 2022 bear market. Statistically, the longer investors hold onto their coins, the less likely they become to sell them at any point. As such, the fact that the investors have been increasingly preferring to keep their coins dormant can be a bullish sign for the cryptocurrency’s price. Interestingly, this trend didn’t develop during the 2021 bull market, as even though the 30-day MA of the Average Coin Age saw a period of uptrend, the 365-day MA moved down throughout the year instead. This could imply the average investor has become smarter this cycle. In the short-term, the 30-day MA of the indicator has been rapidly climbing, which implies the Bitcoin market is currently in one of the phases of active accumulation. Related Reading: Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom? In some other news, the market intelligence platform IntoTheBlock has shared an update on how the 5+ years old BTC supply is looking right now. From the chart, it’s apparent that this part of the Bitcoin supply has been on the rise recently. Following the latest jump, nearly a third of the asset’s tokens in circulation haven’t been involved in a transaction since more than five years ago. BTC Price Bitcoin has seen a 3% drawdown during the last 24 hours that has taken its price to $95,900. Featured image from Dall-E, CryptoQuant.com, IntoTheBlock.com, chart from TradingView.com
A closely followed analyst says the crypto bull market’s end is much closer than most traders realize. In a new thread on the social media platform X, Jason Pizzino tells his 123,400 followers that investor sentiment indicates traders now are closer to the end of the bull market than the start. “Bitcoin and crypto ‘end-stage’ emotional volatility has dramatically increased which only suggests we are much closer to the end than the beginning of the cycle. That might seem like an obvious statement now, but wait until the market gets closer to the final top; it won’t be so obvious which is generally a signal within itself.” In an accompanying video update, Pizzino says historically, when the market gets excited and overconfident, stagnation tends to follow. “I think a lot of people believe this cycle should run until the end of 2025, but what if we’re seeing a lot of that excitement come back into the market? Every time it goes up, all I see is just everyone getting super bullish and then it pauses for a bit, corrects, and then we start on the next move. So I’m just keeping an open mind.” Source: Jason Pizzino/X The trader’s chart uses Bitcoin ( BTC ) as an example. According to Pizzino, the top crypto asset by market cap may correct or trade sideways all the way until October 2025. “Looking somewhere [between] Q2 out to Q3, just the beginning of Q4… Most people can’t handle six to 10 months. They talked about a drop of one month and they all freaked out yesterday, it’s absolutely bonkers out there, which is why I think we are in those final moves, basically the end of the cycle.” BTC is trading at $98,900 at time of writing, a marginal increase on the day. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Bull Market Much Closer To End Than We Realize, Warns Analyst Jason Pizzino appeared first on The Daily Hodl .
As reported by COINOTAG on December 27th, the cryptocurrency exchange Upbit has announced an impressive trading volume of approximately $5.86 billion over the past 24 hours, illustrating robust market activity.
Citi analysts forecast strong crypto growth in 2025, driven by Trump’s policies, rising ETF inflows, and stablecoin innovation, signaling a bullish outlook for bitcoin and defi. Citi’s 2025 Crypto Forecast: Factors Driving Crypto Growth Citi analysts have identified several pivotal factors that could influence the cryptocurrency market in 2025, following a record-breaking year spurred by