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Bitcoin prices could be poised to trade upwards again despite continuing to downtrend this month, according to analysts who are eyeing the Federal Reserve’s next move.
GSR Markets predicts Solana’s price could surge 9x with potential ETF approvals, akin to Bitcoin’s history.
Share link:In this post: Bitcoin’s active address ratio hit its lowest point since November 2010. The number of active wallets is at multiyear lows, with only 614,770 active in late May. 85% of Bitcoin holders are currently making a profit at the current price.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified
- 17:25In the past hour the whole network burst $36.89 million, the main explosion of multiple ordersAccording to Coinglass data, in the past 1 hour, the whole network burst $36.89 million, of which $32.98 million long orders burst, short orders burst $3.9 million.
- 17:25JPMorgan analyst: market share of income stablecoins expected to grow from 6% to 50%March 27 (Bloomberg) -- J.P. Morgan analyst Nikolaos Panigirtzoglou predicts that income stablecoin's share of stablecoin's market capitalisation could rise to 50 percent in the future, up from the current 6 percent, Theblock reports. Analysts say that income stablecoins are similarly attractive to investors as traditional money market funds, especially in today's high interest rate environment.
- 17:24BTCFi protocol Corn airdrop enquiry page is now live, total tokens 2.1 billion, 52% allocated to communityBTCFi protocol Corn posted on the X platform that the airdrop enquiry page is now live, and according to its token economics, the total token supply is 2.1 billion tokens, with an initial circulating supply of 525 million (25%), of which:- 52 per cent allocated to the community: 10 per cent for initial token allocation, 5 per cent for ecosystem builders, 33.3 per cent for user distribution and cybersecurity, and 3.7 per cent for community fundraising- 13 per cent to early supporters: seed round investors and institutional participants in the Legion sale- 25% to core contributors: engineers, product, business development, marketing and core builders- 10 per cent to the FoundationIn previous news, Corn, the Bitcoin DeFi-focused ethereum L2 network, closed an $8.3 million community round through Legion, which was oversubscribed up to seven times in a matter of hours, and the project is set for a TGE token launch on Friday (28 March).