Tag Archives: SoSo Value

This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming?

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Bitcoin supply on exchanges has hit a new low for the first time in six years, providing a bullish outlook for BTC. This comes as the flagship crypto continues to hit new all-time highs (ATHs), with the $130,000 target now in sight.  Bitcoin Supply On Exchanges Hit Six-Year Low Glassnode data shows that the Bitcoin… Continue reading This Major Bitcoin Metric Just Made A New Low For The First Time In 6 Years, Is An ATH Above $130,000 Coming?→

BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped

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The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF.  BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock… Continue reading BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped→

Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means

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Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning.  Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time… Continue reading Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means→