Crypto News
Bitcoin Demand Shift: Coinbase’s 60-Day BTC Premium Streak is at Risk
After a historic 60-day run, bitcoin's (BTC) premium on Coinbase, a key indicator of robust U.S. investor demand, is dissipating, indicating a notable shift in market dynamics.BTC's Coinbase premium, which represents the percentage difference between the BTC/USD pair on Coinbase and the BTC/USDT pair on Binance, turned negative early Tuesday, marking the first such instance since late May, according to data source TradingView.The negative flip indicates a renewed, relative weakening of demand from U.S. investors, supporting the case for an extended pullback in BTC's price.The Coinbase Bitcoin Premium Index is a measure of the percentage difference between the price of Bitcoin on Coinbase Pro (USD pair) and the price on Binance (USDT trading pair).A positive value is widely seen as...
CryptoPunks Rally Past $200K Floor for First Time in Over a Year Amid NFT Rebound
CryptoPunks floor prices surge amid rising Ethereum, renewed high-value buying, and the NFT market’s busiest trading days in months.Source link
TRON (TRX) Surges to $0.33 After Historic Nasdaq Listing as Technical Indicators Flash Overbought
TRX trades at $0.33 (+2.02%) following Tron Inc.'s groundbreaking Nasdaq debut, while RSI at 72.24 signals caution for traders as momentum remains strong. (Read More)Source link
Crypto Week, Indeed!
What started as a symbolic label (“Crypto Week”) ended with real legislative firepower. Meanwhile, ethereum seized the spotlight as the market’s narrative driver. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Crypto Week Delivered as Ethereum BrokeSource link
AVAX Price Retreats to $24.87 Despite ETF Hopes and $250M RWA Expansion Push
Avalanche trades at $24.87 (-6.22%) as profit-taking emerges despite bullish ETF anticipation and record $250M real-world asset integration driving long-term optimism. (Read More)Source link