Bitcoin faces potential “bearish phase” as key metrics show worrying trend
Bitcoin (BTC) has shown signs of risk, with the possibility of entering a “bearish phase” as investor sentiment shifts and risk exposure decreases at current price levels. On February 15, on-chain data platform CryptoQuant highlighted a troubling trend of Bitcoin leaving derivatives exchanges, signaling a shift in market behavior. Bitcoin flow shift sparks concern for […]
January Sees Over 600K New Tokens, Raising Concerns Over Market Liquidity
In January, the launch of over 600,000 new cryptocurrencies raised alarms about the potential impact on market liquidity. This surge in new token creation reached an unprecedented level in January, according to data from GeckoTerminal, as shared by Bobby Ong, co-founder and COO of CoinGecko. Compared to January 2024, the number of new tokens launched […]
Bitcoin analyst PlanB moves Bitcoin into ETFs to simplify management and avoid ‘key complications’
Bitcoin analyst PlanB has transferred his entire Bitcoin holdings from self-custody into spot Bitcoin exchange-traded funds (ETFs) to simplify managing his assets like traditional investments. In a Feb. 15 post on X, PlanB shared that his decision to shift to spot Bitcoin ETFs stems from the desire to handle his Bitcoin similarly to equities and […]
