Bitcoin open interest surge past $35B raises ‘overheating’ concerns
Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market. Go to Source
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Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off
Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing at 18 out of 100. Altcoin Season Speculation Swirls on … Read more
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs. Go to Source Powered by WPeMatico
