Binance Inflows Suggest Money Is Starting to Move Back Into Crypto – Find Out...
The crypto market has been under pressure for months. The selling has been relentless. And the world outside the chart is not making it easier. Top analyst Darkfost has published an assessment that places the current market environment in its full context: the geopolitical situation is deteriorating, not stabilizing. Despite announcements from the Trump administration suggesting a path toward de-escalation, the attacks and bombings have not stopped. The conflict is escalating. The consequences are spreading across every asset class without exception. Related Reading: An XRP Key Indicator....
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On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed out by analyst James V. Straten in a post on X, inflows have recently occurred on the cryptocurrency exchange Binance. The relevant indicator […]
Bitcoin’s bounce last week was quickly cut off by growing volatility in the broader crypto market, causing the price to fall below the pivotal $90,000 mark once again. Given the recent price fluctuations, investors’ sentiment, especially those on crypto exchanges, has shifted as inflows from BTC wholecoiners plummet. Binance Sees Sharp Drop In BTC Wholecoiner […]
Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-month lows while investors who had gotten into the market later suffered massive losses. This outflow trend is beginning to reverse so as bitcoin and other digital assets begin to record inflows after a long drought. Bitcoin Inflows Back Up The past week for bitcoin has been an encouraging one. The digital asset is nowhere near its previous highs but had managed to recover from its recent lows. It....
Cardano has flexed its muscles in the latest iteration of inflows coming into the market. Inflows have been steady the past couple of months, currently at 13 consecutive weeks of inflows for the market. Bitcoin and altcoins alike have benefited from the inflows which have indicated institutional interest piquing in the market. However, Cardano looks to have enjoyed the most benefits amongst the altcoins from last week’s inflows. Cardano Leading The Pack Cardano saw positive inflows for last week which put it ahead of other altcoins. Total inflows for the week had come out to $151 million....
What appears to be a "new player" starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls. Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"New player" beefs up $50,000 sell wallData from Cointelegraph Markets Pro and TradingView showed volatility hitting BTC/USD overnight on Saturday.The pair had reached $51,500 before starting to retrace, this culminating in a dip to $49,644. At the time of writing, Bitcoin....