CryptoQuant analyzed indicators of a potential cycle bottom

The Adjusted Sell-side Risk Ratio (SSRR) indicator moved into the «red zone» for the first time since the previous cycle during bitcoin's drop to $60,000. At the same time, the CVDD model points to a structural cycle bottom at around $48,000, forming a key lower boundary of bitcoin's current market range. This was reported by CryptoQuant. Sell-side Risk Ratio flashed…
«The bolivar could not carry two»: demand for USDT grows in Venezuela amid crisis

USDT rose by 16% against Venezuela's bolivar as the money supply exceeded 2 trillion and access to the dollar on Binance P2P became more limited.
Media: Bankman-Fried plans to launch a token after his release

Former FTX CEO Sam Bankman-Fried (SBF) has hinted at launching his own coin after leaving prison. This was reported by New York Magazine, citing the entrepreneur's cellmates and acquaintances. When former inmate David Bunevacz asked SBF about his plans after release, he replied that «making serious money would require between $50 million and $100 million». The businessman…
Wintermute forecasts consolidation of the cryptocurrency market

The digital asset market rose amid US inflation data and news of a preliminary agreement between the US and Iran. This was pointed out by Wintermute experts. Bitcoin held above $66,000 after the drop at the start of the month. The positive trend is tied to a slowdown in the core consumer price index, the presumed reopening of the Strait of Hormuz and…
Miners operate at a loss and sell off bitcoins near $60,000

The drop in the bitcoin (BTC) price below $60,000 in early June hit not only investors but also miners. As CryptoQuant analyst Darkfost noted, at this level cryptocurrency miners once again began to sell their coins more actively to cover costs. Miners were already going through tough times. Since the end of last October, the network's hashrate — the total…









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