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blockchain crypto cryptocurrency 4 things happening in the crypto market (SpotedCrypto)

4 things happening in the crypto market right now, get insights.

BTC Price Drops as Long-Term Holders Sell Off On-chain analytics platform Glassnode has blamed Bitcoin's (BTC) recent decline on a sell-off by long-term holders. On March 3, Glassnode released data on long-term holders' Bitcoin holdings according to the price of Bitcoin through its official X account, revealing

blockchain crypto cryptocurrency Bitcoin held by the U.S. government is on the move (SpotedCrypto)

Bitcoin held by the U.S. government is on the move, with about $1.3 billion worth of Bitcoin bars being traded.

There are many theories, but this dip in Bitcoin appears to be the result of US government intervention. On February 2, The Block reported that a wallet address believed to be the source of funds seized by the U.S. Department of Justice (DOJ) in the Silk Road seizure transferred

blockchain crypto cryptocurrency Bitcoin has fallen because FED (SpotedCrypto)

Bitcoin has fallen sharply on diminished expectations of a rate cut by the US Federal Reserve

US stocks fell on speculation that the Fed will remain cautious about cutting interest rates. The Dow Jones Industrial Average closed at 396.61 points, or 1%, down from the previous trading day at 39,170.24. The S&P 500 was down 37.96 points, or 0.72%

blockchain cryptocurrency crypto US Government Selling BTC (SpotedCrypto)

Blockstream CEO "US Government Selling BTC, Good for Long Term"

Adam Back, CEO of blockchain technology developer Blockstream and Bitcoin maximalist, said on his X (formerly Twitter) that "it's good for BTC users that the US government is selling off criminally-linked BTC that it has seized, and printing more dollars in the future." "The government

blockchain crypto cryptocurrency ARKB Bitcoin spot ETFs daily outflows (SpotedCrypto)

ARK Invest BTC spot ETF daily outflows exceed GBTC for first time since launch

"For the first time since the launch of Bitcoin spot ETFs in the U.S., daily outflows for ARKB, the ARK Invest 21 Shares BTC spot ETF, have surpassed those of Grayscale's GBTC," BitMEX Research, a division of global cryptocurrency exchange BitMEX, reported on X. As

blockchain crypto cryptocurrency Solana (SOL) Flips BNB to Become Fourth Biggest Coin (SpotedCrypto)

Former Ark Invest Head of Crypto "sees SOL leapfrogging to 3rd largest crypto by market cap"

"From a technical perspective, Solana (SOL) will overtake Binance's BNB to become the third largest cryptocurrency by market capitalization outside of stablecoins," Chris Burniske, former head of crypto at ArkInvest and managing partner at blockchain-focused venture capital firm Placeholder, told X, according to WatchGuru. "BNB

blockchain crypto cryptocurrency eth ethereum $3,000 retracement likely (SpotedCrypto)

ETH breaks below 50-100-day exponential moving average support...$3,000 retracement likely

As BeInCrypto reports, "Based on the daily chart of Binance ETH/USDT, ETH has broken below the 50- and 100-day exponential moving average (EMA) support. The next major support could be at $3,031, but a break below $3,000 is possible if exchange holdings, profit status volume, etc.