Category: Cryptocurrency News

An on-chain analyst has pointed out that the Realized HODL (RHODL) Ratio indicator is on the way down, a sign that may not be positive for Bitcoin. Bitcoin RHODL Has Been Losing Momentum Recently In a new post on X, analyst Checkmate has discussed about the latest trend in the RHODL Ratio of Bitcoin. The “Realized HODL (RHODL) Ratio” is an on-chain metric that calculates the ratio between any two given RHODL wave bands. HODL wave bands keep track of the percentage of the total BTC supply that was last moved inside a given age range. The RHODL wave bands are a modified form of these, adding an additional weighting factor: the Realized Value. Related Reading: Ethereum Fees Back To Lowest Since August: Is This Bullish? Put simply, the Realized Value is the spot price at which a given token of the cryptocurrency was last transacted on the blockchain. That is, it’s the coin’s current cost basis. As the RHODL wave band multiplies this metric with the amount of supply present within a given band, it tells us about the sum of cost bases of coins in that band. When the value of the indicator goes up for any particular band, it means the amount of capital invested into coins falling in the age range is rising. In the context of the current topic, the RHODL Ratio of the 1 week and 1 to 2 years bands is of relevance. Below is the chart shared by the analyst, that shows the trend in this RHODL Ratio over the history of Bitcoin. As displayed in the above graph, the Bitcoin RHODL Ratio for these wave bands shot up to a high level during the rally beyond $100,000 that took place last year. Such a trend implies the 1 week wave band, which corresponds to the fresh capital coming into the sector, grew large relative to the veteran 1 year to 2 years band. From the chart, it’s apparent that an extreme rotation of capital into the 1 week wave band has historically coincided with bull run tops for the cryptocurrency’s price. Since last year’s peak, the metric has been on the way down, which suggests the new demand for the asset is now slowing down. This is also visible in the momentum oscillator for the indicator attached by the analyst on the bottom, which just dipped into a zone that has played the role of the transition region between bullish and bearish trends in the past. Related Reading: How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints Considering the historical pattern, this development in the RHODL Ratio is certainly not the best for Bitcoin. It now remains to be seen whether the metric would continue its decline in the coming days, potentially signaling a transition away from a bull market, or if it will bounce back up. BTC Price Bitcoin made a retest of the $98,000 mark earlier today, but it appears the coin ended up finding rejection as its price is now down to $97,000. Featured image from Dall-E, checkonchain.com, chart from TradingView.com

Adam Back, a prominent cypherpunk mentioned in the Bitcoin whitepaper, remarked that while there has been some market consolidation due to profit-taking by certain investors, demand is clearly outpacing production, with ETFs and institutions like Strategy leading the way. Legendary Cypherpunk Turns Analyst: Back Claims Bitcoin Is Entering a New Bull Market Phase While bitcoin […]

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Japan has approved new stablecoin regulations to increase collateral flexibility and improve user protection during bankruptcy proceedings. Japan Aims to Protect Users The Japanese Financial Services Agency (FSA) has approved measures to make stablecoin collateral management more flexible. The approval also aims to make it easier to protect Japanese users from the transfer of their […]

Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this week This upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shift on the horizon. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals Bitcoin’s Open Interest Points to Possible Market Shift One notable development is the increase in Bitcoin’s open interest—an indicator of the total number of outstanding perpetual futures contracts on centralized exchanges. According to ShayanBTC, a CryptoQuant’s QuickTake platform contributor, Bitcoin’s open interest has been steadily rising despite recent market volatility. Shayan pointed out that this growth signals heightened activity within perpetual markets, which could lead to a decisive breakout in Bitcoin’s price. However, the direction of this move remains unclear as additional data is needed for a more precise forecast. Shayan noted: This increase suggests that more activity is flowing into the perpetual markets, and the dominant direction of these positions will ultimately determine Bitcoin’s next significant move. If this trend persists, the market will likely experience a major breakout in the mid-term. However, the direction of this move remains uncertain, as additional data is required to make an accurate prediction. Deep Learning Projections Offer Mixed Signals In a separate analysis, CryptoQuant’s analyst CryptoOnChain presented a data-driven projection of Bitcoin’s near-term price movements. By employing on-chain metrics and a deep learning model known as the Wave Net algorithm, CryptoOnChain estimated that Bitcoin’s price may fluctuate between $93,000 and $110,000 over the coming month. The chart below shows the prediction of Bitcoin’s price for the upcoming month using on-chain data and deep learning with the Wave Net algorithm. As observed, this prediction indicates a fluctuating pattern for the next month. #Bitcoin #BTC #CryptoTrading pic.twitter.com/4Ki8TYE8Ui — CryptoOnchain (@CryptoOnchain) February 19, 2025 Meanwhile, Bitcoin is still trading below $100,000 with a current trading price of $97,136, at the time of writing. While this market price has managed to put BTC’s daily performance in green, on a broader scale, BTC is still somewhat bearish. Over the past month, the asset has declined by 6.1% and its current trading price marks a 10.6% decrease away from its all-time high above $109,000 recorded last month. Related Reading: Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains According to a Crypto analyst known as RektCapital on X, Bitcoin price action so far is “performing the key technical steps to fully confirm the Bull Flag breakout to set itself up for trend continuation going forward.” #BTC The Bitcoin post-breakout retest of the Monthly Bull Flag is successful thus far Price is performing the key technical steps to fully confirm the Bull Flag breakout so as to set itself up for trend continuation going forward ~$96700 needs to hold$BTC #Crypto #Bitcoin https://t.co/HXEsC7kN3p pic.twitter.com/OM6VCiUt5b — Rekt Capital (@rektcapital) February 20, 2025 Featured image created with DALL-E, Chart from TradingView

Explore Hyperliquid (HLP), its core functions and how it powers the Hyperliquid blockchain. Understand its impact on DeFi and decentralized trading.

Crypto markets remain under pressure amid inflation concerns and looming tariff hikes, with Solana facing added volatility ahead of a major token unlock. Crypto Markets Struggle as Inflation Fears and Tariff Tensions Weigh on Sentiment QCP Insights for Feb. 19 showed that inflation fears and escalating tariff tensions continue to dominate global market sentiment. While […]

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Welcome to the Ethereum Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2 Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want…
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Bitcoin finally shows signs of copying stocks and gold with a run to near all-time highs for BTC price action back on the cards.