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On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012. Bitcoin Short-Term Holder Supply Plunges As Investors HODL As explained by CryptoQuant author Axel Adler Jr in a new post on X, the 30-day change in the short-term holder supply has plunged deep into the negative territory recently. The “short-term holders” (STHs) are the Bitcoin investors who bought their coins within the past 155 days. This cohort is one of the two main segments of the BTC market divided based on holding time, with the other group…

Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance. DOGE price is eyeing an upside break above $0.1085. The price is trading above the $0.100 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could rally if it clears the $0.1060 and $0.1085 resistance levels. Dogecoin Price Rises Again After a steady decline, Dogecoin price found support near the $0.0985…

According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge. 

The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners.The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bitcoin Festival. Featuring both a semi-pro and amateur division, the winner of each division will receive their payouts in bitcoin. Entrants will also have the opportunity to win Bitcoin hardware wallet devices provided by CoinKite.“This will be an incredible event, bringing together two talented and high growth communities,…

As the Shiba Inu ecosystem is preparing to enter a new era, the project’s core member and head of marketing Lucie has offered insights into SHIB’s mysterious evolution, emphasizing the crucial factor that will majorly drive the growth. She outlined important aspects of the expansion of the Shiba Inu ecosystem, highlighting impending features and possible developments that might transform the project. A Mysterious Evolution Leap For Shiba Inu Lucie, Shiba Inu’s head of marketing has recently taken to the X (formerly Twitter) platform to unveil the key to the project’s mysterious and rapid evolution. In the post, Lucie revealed that…

As the crypto community awaits the Federal Reserve’s (Fed) rate cut announcement on September 18, the stakes are high for Bitcoin (BTC) and the broader financial landscape. This upcoming decision marks the first central bank rate cut since the Fed slashed its key rate to near zero in March 2020 amid the COVID-19 pandemic.  Will A 50bps Cut Spark A Bitcoin Bull Run? According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate cut and a 41% chance of a quarter-point cut. There’s an overwhelming expectation that by the end of 2024, the…

Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.

PRESS RELEASE – Duality AI, the company behind Falcon, a digital twin simulation platform, today announced an agreement with NASA’s Jet Propulsion Laboratory (NASA JPL) in Pasadena to continue its work on Defense Advanced Research Projects Agency’s (DARPA’s) Robotic Autonomy in Complex Environments with Resiliency program (RACER). This announcement follows Phase I of the RACER project, where Duality successfully completed the program, as one of only two simulation providers selected by DARPA. The agreement accelerates autonomy development for NASA JPL by allowing rapid iteration and discovery of flaws through simulation, reducing risks and providing the synthetic data vital to training…

Bitcoin is stable when writing, falling below $60,000 after the encouraging expansion in the second half of last week. The path of least resistance in the short-term is northward since, despite weakness, prices are inside the bullish engulfing bar of September 13. Is The Bitcoin Bottom In? As prices retrace, on-chain data points to strength and the possibility of the world’s most valuable coin printing out a bottom. Taking to X, one analyst, citing on-chain data from CryptoQuant, notes that the Mayer Multiple, a tool used for gauging market sentiment, is falling. Specifically, the analyst observes that the Mayer Multiple…

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of all ETH holders are in green despite the coin shedding nearly 35% from July highs and nearly 45% from 2024…