Search results for "MPI"
08:14
Miner Strategy Shifts: An Analysis of MPI, Difficulty, and Fees The combined signals from MPI, difficulty, and fee metrics reveal a clear departure from past patterns. Miners appear increasingly focused on accumulation, while the #network# itself grows stronger. By Avocado_onchain | #crypto
06:47
According to BiJie.com, on September 1, Singapore-based crypto assets investment firm QCP Capital announced that the OTC trading division of the QCP Group, QCP Trading, has obtained the Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Institutional clients can now access regulated OTC spot DPT trading through QCP Trading, enjoying same-day settlement, multi-currency deposit and withdrawal channels, and seamless voice and API execution services.
10:42
CoinVoice has recently learned that, according to Globenewswire, NASDAQ-listed digital asset financial company SOLOWIN announced an equity investment agreement with Singapore-based cross-border payment institution GPL Remittance to acquire a 19% stake. The latter currently holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). It was previously reported that SOLOWIN announced the joint launch of a Bitcoin quantitative fund with a scale of $100 million.
BTC-2.05%
10:06

The US-listed company SOLOWIN invests in the Singapore MPI licensed institution GPL Remittance and acquires a 19% stake.

According to Mars Finance, SOLOWIN, a Nasdaq-listed digital asset financial company, has announced an equity investment agreement with Singapore's cross-border payment institution GPL Remittance, acquiring a 19% stake. The latter currently holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Previously, SOLOWIN announced plans to jointly launch a Bitcoin quantitative fund with a scale of 100 million dollars.
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02:19
According to a report by CoinWorld, Nasdaq-listed digital asset financial company SOLOWIN has announced that it has reached an equity investment agreement to acquire a 19% stake in Singapore-based cross-border payment institution GPL Remittance, with the specific investment amount yet to be disclosed. The latter currently holds the Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). Previously, SOLOWIN announced plans to jointly launch a Bitcoin quantitative fund with a scale of $100 million, which will employ data-driven algorithmic trading strategies to invest in Bitcoin.
BTC-2.05%
02:15
According to a report by Globenewswire on August 20, the Nasdaq-listed digital asset financial company SOLOWIN announced that it has reached an equity investment agreement to acquire 19% of Singapore's cross-border payment institution GPL Remittance. The specific investment amount has not been disclosed. The latter currently holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). According to previous news, SOLOWIN has announced the joint launch of a Bitcoin quantitative fund with a scale of 100 million USD, which will use data-driven algorithmic trading strategies to invest in Bitcoin.
BTC-2.05%
16:44
#BTC# miners just slowed their selling, MPI crashed -0.48 (down 118% in a day). Less miner selling = less pressure on $BTC price. Historically, this helps stability. But be careful market leverage is still crazy. #Bitcoin# #GregLens#
BTC-2.05%
IN-16.24%
16:31
$BTC miners just slowed their selling, MPI crashed -0.48 (down 118% in a day). Less miner selling = less pressure on $BTC price. Historically, this helps stability. But be careful market leverage is still crazy.
BTC-2.05%
IN-16.24%
05:15

Bitcoin on a tightrope! SSR hits a new high in months warning about liquidity, $120,000 becomes the battleground for bulls and bears | BTC price prediction

Bitcoin(BTC) is currently reported at $119,000. Although it maintains an upward trend line, the stablecoin supply ratio(SSR) is approaching a multi-month high, indicating insufficient incremental ammunition. The miner sell pressure index(MPI) has plummeted by 32% to -1.06, showing reluctance to sell, but the MVRV Z-score has risen to 2.83, suggesting a profit-taking risk. There are $1.4 billion in long positions liquidations accumulated in the $120,000-$122,000 range, and the liquidity minefield could trigger extreme fluctuations.
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BTC-2.05%
12:24
Wu learned that the Singapore digital payment company dtcpay announced that its Luxembourg subsidiary has received the "green light" for the EMI (Electronic Money Institution) license issued by the local financial regulator CSSF. This license will allow dtcpay to provide services such as issuance of electronic money and cross-border payments within the European Economic Area. dtcpay previously held the Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
12:09
According to news from CoinWorld, Singapore digital payment company dtcpay announced that its Luxembourg subsidiary has received the "green light" for an EMI (Electronic Money Institution) license issued by the local financial regulator CSSF. This license will allow dtcpay to provide services such as electronic money issuance and cross-border payments within the European Economic Area. dtcpay previously held a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
12:06
According to Wu, Singapore's digital payment company dtcpay announced that its Luxembourg subsidiary has received the "green light" for an EMI (Electronic Money Institution) license issued by the local financial regulator CSSF. This license will allow dtcpay to provide services such as issuance of electronic money and cross-border payments within the European Economic Area. dtcpay previously held a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
12:05
According to Wu, Singapore's digital payment company dtcpay announced that its Luxembourg subsidiary has received the "green light" for an EMI (Electronic Money Institution) license issued by the local financial regulator CSSF. This license will allow dtcpay to provide services such as issuance of electronic money and cross-border payments within the European Economic Area. dtcpay previously held a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
03:42

Bitcoin $123,000 battle between bulls and bears! Long-term holders' largest cash-out this year VS miner whales firmly hoarding coins.

Bitcoin entered a consolidation phase after reaching a historical high of $123,000, with on-chain data releasing conflicting signals: long-term holders (LTH) realized the largest profit-taking of the year (SOPR reached 2.5), and institutions sold $131.4 million in a single day, ending a 12-day net buying streak; however, whale trading activity (exchange ratio 0.42) and miners' coin hoarding tendency (MPI -0.2) still released bullish momentum. In the bull vs bear battle, SOPR has not touched the historical top threshold of 4.0, and the total holdings of institutions still amount to $111.47 billion, indicating that the adjustment may be a buildup for a breakout, with attention on the supply squeeze potential triggered by miners' continued coin hoarding.
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BTC-2.05%
11:59
⛏️ #BTC CQ: Miner Position Index Surges, Suggesting Short-Term Correction — Medium to Long-Term Bullish Outlook Remains. A high MPI indicates that miners are transferring more coins to exchanges than normal, potentially adding some short-term selling pressure.
BTC-2.05%
DIO-4.07%
08:45
📉 Bitcoin faces short-term pressure as CryptoQuant’s Miner Position Index (MPI) jumps above 2.7, signaling increased miner transfers to exchanges & possible selling. Long-term trend remains intact despite volatility. ⚡ #BTC #Crypto
BTC-2.05%
AMP-1.83%
05:45
A high MPI indicates that miners are transferring more coins to exchanges than usual, potentially adding some short-term selling pressure.
MORE-10.55%
USUAL-4.49%
04:16
#BTC#Miner Activity Spike – What It Means Now 🚨 The Miners’ Position Index (MPI) just spiked HARD to 2.7 — and that’s a key level to watch. Historically, when MPI goes above 2, it means miners are sending more BTC to exchanges than usual — likely prepping to sell. Short-term? That can bring some sell pressure. Zooming out though — the last few times we hit similar MPI highs (check the chart), price either consolidated or dipped short-term… then pushed to new highs. 🟡→🟢 We’re currently sitting near $117K #ATH#, and this miner action looks more like a cooldown signal, not a trend breaker. Every dip so far has been a reload zone for bulls. TLDR: • MPI spike = miners likely offloading • Some short-term correction possible • Mid to long term outlook still strong #Bitcoin# Stay sharp. Don’t let short-term noise shake you out. #BTC###PriceAnalysis#
BTC-2.05%
JST-0.59%
MORE-10.55%
04:10
The Risks Behind Bitcoin's Rise: Weakening Market Momentum and Overvaluation Signals Bitcoin (BTC) price continues to climb, having surpassed $120,000 to set a new historical high, with the current price at $120,779.1 and a support level around $111,591. Based on the Parabolic SAR indicator, strong support is observed. Meanwhile, stablecoin reserves on exchanges have dropped to their lowest point in months, indicating increased market confidence and rising spot buying momentum. The decline in stablecoin reserves suggests strong investor demand. According to the latest data, the stablecoin ratio on exchanges has fallen to its lowest level, reflecting that the liquidity of stablecoins available for purchasing Bitcoin is being rapidly consumed, indicating strong investor demand in the market. This phenomenon suggests that the purchasing power of stablecoins is decreasing, and if the market lacks new capital inflow, it may limit Bitcoin's further upward potential. Is Bitcoin's rise too fast? Although Bitcoin's price continues to rise, the Spot Volume Bubble Map shows a cooling trend in market trading activities. The shrinking bubble sizes and declining trading volumes indicate that market momentum may be weakening. While prices are still rising, the number of participants is gradually decreasing, which lays the groundwork for potential market weakness. If trading volumes do not quickly rebound, Bitcoin's upward momentum may lose support, leading to sideways consolidation or slight corrections. Are we nearing the market top? The NVT (Network Value to Transactions Ratio) and NVM (Network Value to Metcalfe's Law Ratio) have both risen significantly, increasing by 88.21% and 25.55%, respectively, indicating a significant divergence between market capital and trading volume. These indicators often suggest overvaluation in the market during rapid rises, as the speed of price increases far exceeds the actual usage of the network. Historical data shows that such imbalances often foreshadow corrections or consolidation phases in the short term. Therefore, although market sentiment remains bullish, these valuation indicators suggest that Bitcoin may have entered an overheating zone, and traders need to prepare for a rebalancing of price and network utility. Why are miners holding coins at new highs instead of selling? The phenomenon of miners holding onto their coins without selling is also noteworthy. The Miner Position Index (MPI) has significantly dropped by over 142%, falling to -0.70, indicating that miners are greatly reducing their selling. Typically, when prices rise, miners increase their selling volume, but the current trend shows that miners may expect prices to continue rising. This trend, while supporting bullish sentiment, also puts pressure on later buyers, as a sudden market reversal could lead to miners starting to sell, potentially causing a sharp price drop. Even with bulls in control, can the weak trend continue? Although bullish market sentiment is evident, with +DI at 33.12 and -DI at 11.73, the ADX (Average Directional Index) is only at 19.70, indicating that the strength of the market trend is weak. Although bulls dominate the market, the lack of strong trend support may lead to insufficient momentum in the upward movement. If the ADX fails to rise, the existing upward trend may stagnate. Thus, traders should remain cautious, especially when trend strength has yet to catch up with price momentum. Will Bitcoin continue to rise or enter a consolidation phase? Bitcoin's rise is supported by strong investor demand, reduced selling pressure from miners, and inflows of spot funds. However, the high NVT/NVM ratio, cooling trading volumes, and insufficient trend strength indicate certain risks in the market. If market participation and trend momentum do not recover quickly, Bitcoin may face consolidation. Although buyers still hold an advantage in the short term, if market capital inflow is insufficient and technical indicators do not confirm further movement, the current rise may face pressure. Summary: Behind Bitcoin's continued rise is strong market demand and miners holding their positions. However, signals of overvaluation, cooling trading volumes, and weaker trend strength suggest that the market may enter an adjustment phase. The coming days will be crucial in determining whether Bitcoin can break new highs or face short-term consolidation. Traders need to closely monitor market liquidity and technical changes to manage risk.
BTC-2.05%
BUBBLE-5.82%
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14:08
The most explosive news today is probably that the Chinese-funded brokerage Guotai Junan's international version can actually provide crypto trading. This is actually a very good signal, indicating that Chinese-funded brokerages are beginning to expand their crypto business. I looked at the crypto service provider behind Guotai and found that it is indeed the reputable Hashkey, which is very reasonable. Hashkey is considered one of the most popular crypto exchanges in mainland China/Hong Kong. Although HSK's volume is relatively low, what is truly amazing about Hashkey is their OTC business...... Previously, I had done due diligence on Hashkey's OTC business, which mainly serves ultra-high-net-worth whales and institutions, focusing on compliant Hong Kong dollar inflows and outflows. I had previously assisted a friend with Hashkey's high-net-worth account opening, which was very, very cumbersome... However, this also reflects Hashkey's strong compliance attributes. Hashkey holds an MPI (major payment institution) license in Singapore, which is typically held by large companies like Ant Group, Grab, and Circle. In Japan, it has JFSA, and in Dubai, it has VARA, making its overall compliance tier 1 level. In addition, Hashkey has also collaborated with leading banks such as DBS and Standard Chartered, and is deeply integrated with traditional banks for account opening, covering more than 10 mainstream currency trading pairs such as USD, HKD, SGD, and EUR. In fact, compared to the crypto exchange business, I really have high hopes for Hashkey's directions in OTC/asset management/bank cooperation in the stablecoin downstream.
HSK-3.34%
04:42
Recently, Cross-Border Remittance has officially launched. Individual users can freely transfer funds between Hong Kong and the Mainland, with the transfer being almost instant upon testing. This means that the digital fund circulation barriers between the Renminbi and the Hong Kong dollar are gradually being eliminated, and channels for cross-border compliant deposits are being opened. For licensed and compliant institutions, such policies undoubtedly have long-term positive significance. In terms of compliance qualifications, Gate.io has also obtained regulatory licenses in multiple locations such as Singapore MPI, Japan JFSA, and Dubai VARA, making it one of the few platforms with a cross-market compliance layout. There are now signs that financial regulation on the mainland is beginning to loosen, and HashKey is expected to become the preferred platform for connecting state-backed funds, building bridges for funds from the Middle East, Southeast Asia, and even Europe. Combining the recent surge of $HSK, it can be said that there is a lot of room for imagination. When it's time to withdraw, I will also try HashKey's OTC channel, which is good in terms of compliance, security, and efficiency.
VARA-4.93%
HSK-3.34%
01:31
Bitte币需求在 ETF 流出和矿工担忧的背景下反弹,引发市场稳定性质疑 随着波动性重现,围绕比特币的市场情绪发生了显有转变。 Bittat 币高级情绪指数目前为44.9% ,跌破中性区间,这使得看跌情绪成为焦点。 考虑到中月市场情绪仍维持在70% 接觸的较为乐观的水平,這次跌幅意义重大。 The bits recently jumped to $88,000 on April 2, but fell sharply to $74,500 shortly thereafter. 这种过山车式的价格波动凸显了市场当前的动荡,进一步加剧了投资者在权衡下一步行动时的谨慎态度。 机构投资者对比特币的参与度显有减弱,加剧了市场普遍的焦虑情绪。 现货ETF持仓大幅减少,从3月的119万枚 BTC向下April 初的111.5万枚BTC 。 这一跌broke through 1116067 枚BTC的关键警戒线,引发了人们对机构投资者大幅撤资的担忧。 此次後退表明,与 2024 年大部分时间观察到的 ETF 持续增持趋势有所不同。 尽管一些散户兴趣似乎正在重新燃起,但机构信心的削弱可能会对比特币的价格稳定构成长期挑战。 此外,矿工的行为表明他们持有谨慎的比特币,矿工持仓指数 (MPI)在短短 24 小时内飙升近40。 这种增长通常表明矿工正在出售部分持仓,无论是为了获利了结还是为潜在的价格跌做准备。 ETF 资金流出和矿工抛售的双重打击,可能会使比特币的复苏轨迹变得极其复杂。 从技术分析角度来看,bit币近期突破下行趋势线,点burning 了市场对潜在看涨反转的乐观情绪。 目前,比特币交易价格约为84100美元,过去 24 小时内小幅上涨0.29。 此外,最近几个交易日,图表上明显的双底形态预示着进一步的看涨前景。 目前,大的区间支撑位在77200 美元和阻力位88500美元之间波动,这两个水平对于市场动态都至关重要。 Bitte币要想获得涨动力,必须果断突破88500美元的resistance位,才能为测试94500美元的水平铺平路。 短期大饼一直处于上下3000点的一个窄幅波动 在比特币能够将这种阻力转化为支撑之前,前进的道路仍然很脆弱,对宏观经济影响和不断变化的链上指标高度敏感,让交易和投资者保持高度vigilant。 Bite 币市场的现状呈现出谨慎乐观与隐现威胁交织的局面。 尽管需求出现复苏和技术突破的迹象,但ETF资金流出和矿工策略转变的负面影响带来了巨大的不确定性。 投资者在应对这种动荡的市场格局时,应保持警惕,密切关注市场指标和更广泛的经济变化。 日内上车行 85500 southbound: 风control 780 ye: 目标 about 2000 ye Near 83000 northbound: 风control 480 点: 目标1200邹 短期重点关注83000这里,没有实体跌破回调还会继续反弹
BTC-2.05%
05:29

Cumberland has received provisional approval for a major payment institution license from the Monetary Authority of Singapore

Mars Financial News reported that on March 18th, Cumberland SG, the Asian subsidiary of the American cryptocurrency trading company Cumberland, stated on Monday that it has obtained in-principle approval for a major payment institution license issued by the Monetary Authority of Singapore. Cumberland stated that once the MPI license is fully granted, it will be able to provide regulated digital payment Token services in Singapore.
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04:59
The encryption trading company Cumberland SG Pte. Ltd. has obtained in-principle approval for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
03:34
In a recent TechFlow update, on March 18, according to Decrypt, the Asian subsidiary of the US cryptocurrency exchange company Cumberland, Cumberland SG, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Once officially licensed, Cumberland will be able to provide regulated digital payment token services in Singapore. Cumberland, a subsidiary of the Chicago trading firm DRW, is a leading liquidity provider in the encryption market, offering over-the-counter trading services to institutional clients.
02:14
Cumberland SG, the Asian subsidiary of the American cryptocurrency trading company Cumberland, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Once officially licensed, Cumberland will be able to offer regulated digital payment Token services in Singapore. (Decrypt)
21:45

Cumberland Subsidiary Receives MAS’ nod for MPI License

Last updated: March 18, 2025 01:45 EDT Author Sujha Sundararajan Author Sujha Sundararajan About Author Sujha has been recognised as Women In Crypto 2024 by BeInCrypto for her leadership in crypto journalism. Share Last updated: March 18, 2025 01:45 EDT Why Trust Cryptonews Cr
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WHY-2.23%
03:34
This Week in $CPOOL & Ozean: Major Wins You Can’t Afford to Ignore Here’s what’s been making waves in the Ozean ecosystem this week 👇 1️⃣ Hex Trust Secures Major Payment Institution License → Hex Trust, a key partner building Ozean, just got a Major Payment Institution (MPI) License from Singapore’s MAS. → A big step for Ozean’s institutional-grade foundation and compliance. 2️⃣ Clearpool Biweekly Oracle Voting Results → Interest rates have been updated to reflect current market conditions. → The optimal rate for AA-rated borrowers is now 14.48%, up from 14.40%. → Keeping things fair and aligned with the market. 3️⃣ USDX T-Pool TVL Surpasses $26 Million → The USDX T-Pool on Clearpool just hit over $26 million in total value locked (TVL). → USDX is Ozean’s native stablecoin, and this pool now represents 94.65% of its total minted supply on Flare. → A clear sign of growing trust and adoption.
CPOOL-1.49%
WAVES-4.25%
14:14
Hex Trust, in partnership with $CPOOL, just secured a Major Payment Institution (MPI) License from MAS 🤝 A big step for regulated digital finance, enabling cross-border payments, DPT services, OTC trading, and fiat on/off ramps Ozean now operates in a fully regulated ecosystem, bridging TradFi and DeFi ⬇️
CPOOL-1.49%
JST-0.59%
11:36
Techub News reported by CoinDesk, Cryptocurrency custodian company Hex Trust has obtained a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), allowing the company to provide cross-border remittance and digital payment Token services within the regulatory framework in Singapore.
06:10
According to official sources, the encryption custody institution Hex Trust announced that it has obtained a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The license was issued on March 1, 2025, authorizing Hex Trust to provide regulated cross-border remittance services and digital Payment Token (DPT) services. With this license, Hex Trust can now provide a fully integrated solution including custody, Over-the-counter Trading (OTC), and Settlement, while also covering the entry and exit of Fiat Currency. Previously, Hex Trust received the provisional approval (IPA) of the MPI license in July 2024.
02:17
Wu learned that the encryption custodian Hex Trust announced that it has obtained a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The license was issued on March 1, 2025, authorizing Hex Trust to provide regulated cross-border remittance services and Digital Payment Token (DPT) services. With this license, Hex Trust can now provide a fully integrated solution including custody, Over-the-counter Trading (OTC), and Settlement, while also covering the deposit and withdrawal services of Fiat Currency.
02:26
#PI# The project party transferred 2 mpi to the exchange and is ready to watch plummet
PI-4.29%
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18:00

Bitcoin MPI Crossover Could Suggest Bull Run Still On

Este artículo también está disponible en español. On-chain data shows the Bitcoin Miners’ Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset’s price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in
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BTC-2.05%
ART-3.99%
09:50

OKX has obtained the provisional approval of a large payment institution license from the Monetary Authority of Singapore (MAS).

OKX, a global leading Web3 technology company and virtual asset exchange, announced today that its Singapore subsidiary, OKX SG Pte. Ltd., has obtained in-principle approval for a Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS). This important milestone laid the foundation for the development of OKX, allowing OKX to provide digital payment tokens and cross-border remittance services in Singapore in accordance with the Payment Services Act (PS Act) in 2019, and build a series of more powerful and customized products and services for local users. OKX currently provides services to Singapore users through webpages, iOS or Google Play applications. OKX President Hong
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ACT-5.23%
06:59
#参与荣誉积分感恩节第5期抽奖赢Macbook、精美周边等好礼!# According to a report by Fox Business, the New York Department of Financial Services (NYDFS), the highest cryptocurrency regulatory agency in New York, is about to approve the new stablecoin RLUSD issued by Rippleissuance, a cross-border payment company. Token XRP, which is associated with Ripple Labs, has risen by 17% in the past 24 hours, surpassing BNB to become the fifth largest cryptocurrency by market capitalization. Will RLUSD be licensed soon? Ripple's CEO Brad Garlinghouse announced in April that it will enter the Stable Coin market with its Stable Coin named RLUSD, fully backed by US dollar deposits, short-term US Treasury securities, and other equivalent cash. The plan is to issue it based on the ERC-20 Token standard this year, and support it on Ripple's XRP distributed ledger and Ethereum. Ripple states its commitment to Compliance, with the company and its subsidiaries holding a New York BitLicense, money transmission licenses in nearly 40 US states, the Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS), and being a registered virtual asset service provider with the Central Bank of Ireland. Ripple also agreed to acquisition Standard Custody, one of the few encryption companies holding a New York Limited Purpose Trust Company charter, this year.
FOX-3.43%
XRP-3.35%
BNB-4.77%
ETH-3.07%
19:18
Bitcoin (BTCUSD) is consolidating after hitting a fresh all-time high of $93,483. It is currently trading at around $89913. Market Value to Realized Value (MVRV) Ratio Analysis The Market Value to Realized Value (MVRV) ratio is an important tool for evaluating Bitcoin's value, showing that it is currently not overvalued. The MVRV ratio is calculated by dividing Bitcoin’s market value by its realized value, helping to determine if the asset is overvalued or undervalued. Right now, Bitcoin's MVRV ratio is about 2.47, which indicates that holders are making profits but not at extreme levels seen in past market highs. Bitcoin's price is around $90,314, up over 40% in the last month, and increasing activity in transactions suggests growing demand. Overall, the MVRV ratio signals that Bitcoin may have room to grow rather than being overvalued, which is a good sign for future price increases. Miner Position Index (MPI) Insights On November 14, 2024, the Miner Position Index (MPI) for Bitcoin surged to 3.56, its highest level this year, indicating that miners are selling more Bitcoin than usual. Significant Inflows in Bitcoin ETFs On November 14, 2024, U.S. Bitcoin ETFs saw significant inflows of about $2.4 billion for the week, driven by increased investor interest. BlackRock's iShares Bitcoin Trust (IBIT) led these inflows with nearly $1.8 billion, making up 73% of the total. As of that date, these ETFs held around 1.07 million BTC, valued at approximately $96 billion. Technical Analysis and Price Levels BTCUSD trades above the short-term moving averages (34-EMA and 55-EMA) and the long-term moving average (200-EMA) in the daily chart. Minor support is at $86,700; any break below this will target $84,000, $80,000, or $75,800. Bullish Scenarios and Investment Strategy In the bullish case, the primary supply zone is at $95,000. A break above this level confirms intraday bullishness, with a potential jump to $100,000. A secondary barrier at $100,000 suggests that a close above this level could target $110,000. Indicators on the 4-hour chart, including a bullish Commodity Channel Index (CCI) and Average Directional Movement Index, support this outlook. It may be good to buy on dips around $80,000, with a stop-loss around $76,000 for a target price of $100,000.
BTC-2.05%
NOT-3.76%
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16:35
Coin World News reported: As of press time, BTC is still above the key support level. Indicators show that BTC's trading price is below its possible market bottom. With the decrease in volatility of the king of Cryptocurrency, BTC (BTC) longs have retreated in the past few days. It is worth noting that despite the consolidation of BTC, it still manages to stay above the key support level. This indicates that if things go well, the coin may start to pump in the next few days. Key support level of BTC According to CoinMarketCap's data, the weekly chart of Bitcoin remains in red, with its price only slightly pumping in the past 24 hours. At the time of writing, the trading price of the king of Crypto Assets was $59443.16, with a market capitalization exceeding $1.17 trillion. Meanwhile, Cryptocurrency analyst Titan of Crypto has tweeted an interesting development - the price of BTC has been trading above the critical trend line (in red). It is worth noting that BTC did not close the candle below the red line. Similar events occurred in 2021 and 2022. In these events, BTC showed a promising Rebound after touching the same red line. If history repeats itself, investors may soon see BTC gain bullish momentum. Will history repeat itself? AMBCrypto subsequently assessed the Token's on-chain data to understand their recommendations for the Rebound. According to our analysis of CryptoQuant data, BTC's forex reserves are declining, indicating increased buying pressure. The Miner Position Index (MPI) of king coin indicates that the shares sold by Miners are lower compared to the annual average level. This means that miners are confident in BTC and expect its price to pump at the upcoming top. In addition, the due diligence of BTC's binary clients is also green, which means that the long-term holder's change in the past seven days is below the average level. They have the motivation to hold coins. Our observation of Glassnode data reveals another bullish indicator. The Pi Cycle Top indicator for BTC suggests that the market bottom may occur when the price of BTC is below $637,000. This indicates that BTC is likely to reach this level. Earlier, AMBCrypto reported that BTC has also followed another historical trend, which could lead to a large-scale Bull Market in the fourth quarter of 2024. AMBCrypto then looked at the daily chart of Bitcoin to better understand short-term expectations. Our analysis revealed a bullish symmetrical triangle pattern on the BTC chart. technical indicator MACD shows bullish crossover. Is your investment portfolio green? Check the BTC profit calculator The relative strength index (RSI) has also risen, indicating a successful breakthrough of this pattern. However, if BTC fails to close above the above red line support, it may big dump to $52,000.
BTC-2.05%
TITAN-0.64%
GARD5.1%
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02:26
#ETH ETF上市后,预测ETH价格走势# Institutional Crypto custody provider Hex Trust has received in-principle approval for a major payment institution (MPI) license in Singapore and is looking to expand its business in Singapore. The company said in a statement that the Monetary Authority of Singapore has granted it preliminary approval for an MPI license, which will allow the company to offer "digital payment Token services," i.e. the custody and Over-the-counter Trading of DPT, in Singapore.
ETH-3.07%
  • 1
12:39
#How will BTC perform in July after June's volatility?#Bitcoin has rebounded to nearly $63,000 as the hashrate drops to levels seen in December 2022, around the time the FTX exchange collapsed. Azcnews Bitcoin Rises To Nearly $63,000 Amid Sharp Hashrate Decline Table of Contents According to data from CryptoQuant, the True Bitcoin Hashrate Drawdown is currently at -7.6%, which may indicate a price bottom for Bitcoin. This potential market bottom is further supported by other metrics such as Bitcoin Exchange Reserve, the Miners Position Index (MPI), and the Bitcoin Miner Reserve, all pointing to low selling pressure. Miner Capitulation and the Current Cycle In recent weeks, various indicators have suggested that miners are starting to capitulate, signaling potential buying opportunities for Bitcoin. At the beginning of June, Charles Edwards, founder of crypto hedge fund Capriole, highlighted that the Bitcoin Hash Ribbons indicator developed by his firm was signaling a buy. This indicator reflects a relative slowdown in network computational power by comparing the 60-day moving average of the Bitcoin hashrate against a 30-day average. When the 30-day average falls below the 60-day average, it indicates a decrease in hash power.
BTC-2.05%
  • 2
07:30
Is the computing power of the Bitcoin network currently decreasing? 2024-07-02 Shilianniubite (niubite.com) shared that the computing power of the Bitcoin network has dropped to an unprecedented level since December 2022, when the FTX crash triggered a bear market. The current real Bitcoin computing power drop is -7.6%, indicating that Bitcoin prices may have bottomed out. While other indicators such as the Bitcoin exchange reserves, Miner Position Index (MPI), and Bitcoin miner reserves also show low selling pressure, supporting the view of the market bottom. Before each bull run, some small miner groups will be eliminated. Currently, from all aspects, it has entered the bottom area, so the market will gradually show a slow rise phase next, which is consistent with the signals we see on the market. Sony is entering the encryption industry. Big companies entering new industries will not work hard, they will only make acquisitions, and then iterate and optimize the acquired companies to push into the market. Bitcoin is undergoing a healing adjustment and is not expected to have a significant increase in the short term, nor is there a possibility of a major decline. I mean that it will not fall below the position near 58,000, so according to the current situation, it is the best time to layout some high-quality altcoins and tracks. If you miss this time, you may miss the entire bull market. Those who have positioned themselves early also need to wait patiently. The market is always born in despair, grows up in half-belief, matures in longing, and is destroyed in hope. - John Templeton, the father of global investment This article is intended to provide readers with a brief analysis of the market and investment advice, rather than direct operational guidance. Investment is risky, and market entry should be cautious. (The following sharing is for reference only and does not constitute investment advice) BTC BTC: Yesterday, BTC rose and fell back. The daily chart closed with a small bullish candlestick with a long upper shadow. Although it fell after rebounding yesterday, the closing price still remained above the 14-day moving average, and the price also held steady above the minor support at 62500. The short-term bullish trend remains unchanged, and the future outlook is expected to be volatile with an upward bias, with a target of 71000. Today, pay attention to the minor support at 62500 below and the minor resistance at 64000 above. Yesterday, it was recommended to buy at 63000, so continue to hold if you bought at that price. ETH ETH: Ether fell back yesterday after hitting a high, and the daily chart closed with a long upper shadow doji bullish line. Although the solid body of yesterday's rise was retraced, the closing price was above the 14-day moving average (which was the previous short-term downward pressure line), indicating whether the short term has turned to be predominantly bullish or effective. Looking ahead, there may be oscillations to the upside, with a target of 3800. Today, pay attention to the resistance at 3520 above and the support at 3400 below. Those who bought at 3450 yesterday should continue to hold, and for those who didn't, it's also possible to buy again at 3430 today. Continue to follow the exchange rate 0057, breaking through is to open the medium-term upward trend, which is important for Ether. AltCoin STX: Stacks is a Bitcoin L2, bringing smart contract functionality to Bitcoin without modifying Bitcoin itself. Stacks uses a stacking method, with a base settlement layer (Bitcoin) at the bottom, then adding a smart contract and programmability layer (Stacks) on top, and then a layer on top of that to achieve scalability and speed (Hiro's subnet) Circulating Market Cap is 3.5 billion dollars, Circulating Supply is 1.465 billion coins, Total Supply is 1.818 billion coins. STX followed BTC to rise and fall yesterday, and the short-term trend remains volatile. Pay attention to the resistance at 1.9 above, which may trigger a strong rebound in the future. Notcoin: It is a game based on Telegram. Users can earn in-game tokens by clicking on the coin image. Released as a Telegram mini-program in January this year, it has attracted over 35 million users in just 3 months, with a daily active user base of 6 million. Notcoin is the first project listed on all major top exchanges simultaneously. Over the next four years, the team will establish a series of effective and automated subsystems within the Notcoin ecosystem, including competitions, influencer partnerships, and governance processes. The goal is to seamlessly coordinate these subsystems to collectively create and attract value within the ecosystem. The total token supply is 102.49 billion, with a circulating supply of 102.49 billion, all in circulation. NOT currently looks weak in the short term, but as long as the candlestick does not break the support, the TON zone recently saw the TON network TVL surpassing 6.8 billion US dollars, now at 6.8015 billion US dollars, hitting a new all-time high as the first gaming project in this zone, NOT continues to hold well. ARKM: Arkham is a blockchain analysis and intelligence platform that provides real-world entity and individual information behind cryptocurrency market activities. Arkham has built a tool that allows users to search, filter, and sort any crypto transaction based on value, token, time, and counterparty. Arkham has raised over $12 million in funding. It belongs to the category of utility tokens and is also in the AI track. The total token supply is 10.0 billion, with a circulating supply of 2.046 billion. ARKM: Yesterday can be considered a direct move to the major triangle's internal support. You can add to your position at this level and then hold patiently. JASMY: JASMY is an internet of things + blockchain company that provides basic services such as data security, storage, and interaction for IoT environments based on blockchain technology. This project is a Japanese project with a current market capitalization of 1.28 billion and is basically in a fully circulated state without unlocking pressure. JASMY: Short-term rebound lacks momentum, but support level has not been broken. Let's wait patiently for now. Both mainstream and altcoins are struggling to recover.
BTC-2.05%
ETH-3.07%
STX-2.24%
02:42
#BTC#Bitcoin computing power has dropped to the level of December 2022, which may indicate that its price has bottomed out According to CryptoQuant's data, the computing power of the Bitcoin network has dropped to a level not seen since December 2022, when the FTX crash triggered a bear market. The current real Bitcoin computing power has dropped by -7.6%, indicating that the Bitcoin price may have bottomed out. Other indicators such as Bitcoin exchange reserves, Miner's Position Index (MPI), and Bitcoin miner reserves also show low selling pressure, supporting the view of a market bottom. Charles Edwards, founder of Capriole, pointed out that the Bitcoin Hash Ribbons indicator has issued a buy signal, reflecting a slowdown in network computing power. Analyst Will Woo said the market will not reach new highs until weaker miners are forced to shut down. Recently, the withdrawal of Bitcoin miners has dropped by 90% after the halving, further indicating a reduction in selling pressure, and the price of Bitcoin is expected to continue to rise.
BTC-2.05%
WOO-4.62%
  • 1
02:30
Bitcoin computing power has dropped to the level of December 2022, which may indicate that its price has bottomed out According to CryptoQuant's data, the computing power of the Bitcoin network has dropped to a level not seen since December 2022, when the FTX crash triggered a bear market. The current real Bitcoin computing power decline is -7.6%, indicating that the Bitcoin price may have bottomed out. While other indicators such as the Bitcoin exchange reserve, Miner Holdings Index (MPI), and Bitcoin miner reserves also show low selling pressure, supporting the view of the market bottom. Capriole founder Charles Edwards pointed out that the Bitcoin computing power indicator has issued a buy signal, reflecting the slowdown in network computing power. Market analyst Will Woo said that the market will not reach new highs until weaker miners are forced to shut down. Recently, the withdrawal volume of Bitcoin miners has dropped by 90% after the halving, further indicating a reduction in selling pressure and a potential pump in Bitcoin price.
BTC-2.05%
WOO-4.62%
  • 1
02:26
Bitcoin computing power has dropped to the level of December 2022, which may indicate that its price has bottomed out According to CryptoQuant's data, the computing power of the Bitcoin network has dropped to a level not seen since December 2022, when the FTX crash triggered a bear market. The current real Bitcoin computing power decline is -7.6%, indicating that the Bitcoin price may have bottomed out. While other indicators such as the Bitcoin exchange reserve, Miner Holdings Index (MPI), and Bitcoin miner reserves also show low selling pressure, supporting the view of the market bottom. Capriole founder Charles Edwards pointed out that the Bitcoin computing power indicator has issued a buy signal, reflecting the slowdown in network computing power. Market analyst Will Woo said that the market will not reach new highs until weaker miners are forced to shut down. Recently, the withdrawal volume of Bitcoin miners has dropped by 90% after the halving, further indicating a reduction in selling pressure and a potential pump in Bitcoin price.
BTC-2.05%
WOO-4.62%
  • 5
  • 3
16:38
#MPI# Is this coin dead?
  • 1
05:31
#BTC stands upon $64K, more pump coming?# The most important thing I look at is looking at the supply side of the Bitcoin economy: Bitcoin miners and their profits. Explore market cycles from a mining revenue perspective. Bitcoin miners are also called forced sellers because they have to cover the fixed costs of mining hardware in a market where prices are highly volatile. Therefore, the revenue they generate affects their prices over time. A look at MPI and Puell Multiple (mining sales and profitability). After the halving, we can see that the selling pressure of miners will decrease for the longest period since the Bitcoin price reached 23K. Miners also recorded their lowest profits in a year. With ETF flows increasing and the possibility of a rate cut in the fourth quarter increasing, miners are likely to sell in anticipation of higher prices. This means that it acts as a factor in the rise of the Bitcoin price, and compared to past data, when this situation occurs, the crypto market stops falling and enters a strong bull market. I am very bullish🚀
BTC-2.05%
PUMP-2.89%
  • 5
  • 1
08:01
#AISWAP# #AISWAP# bu volkan ne zaman patlayacak #btc# #eth# #doge# #luna# #lunc# #uma# ttk #saros# #snk# #sol# #blur# #lınk# #ONDO# #XRP# #SYN# #ASTR# #ZBU# #CFX# #UMA# #MANTA# #RATS# #SATS# #ORDİ# #ttk# #SNK# #POT# #SHIB2# #MPI# #LTC5S# #BRWL# #SS20# #NEAT# #pigcoin
BTC-2.05%
ETH-3.07%
DOGE-3.57%
  • 4
  • 1
08:06
#AISWAP# #AISWAP# #AISWAP# bugün bir gelişme varmı #btc# #eth# #doge# #luna# #lunc# #uma# ttk #saros# #snk# #sol# #blur# #lınk# #ONDO# #XRP# #SYN# #ASTR# #ZBU# #CFX# #UMA# #MANTA# #RATS# #SATS# #ORDİ# #ttk# #SNK# #POT# #SHIB2# #MPI# #LTC5S# #BRWL# #SS20# #NEAT# #pigcoin
BTC-2.05%
ETH-3.07%
DOGE-3.57%
  • 1
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