Invest ideasNews
24 May 2026, 15:00
Bitcoin LTH Supply Surge Does Not Reflect Real Demand — Here’s Why
The price of Bitcoin seemed set for another round of pain over the weekend after falling below the psychological $75,000 level on Saturday morning. However, the premier cryptocurrency has somewhat recovered and is looking to reclaim $77,000 as of this writing. At the same time, an increase in the supply of Bitcoin’s long-term investors was also observed on the day, although the signal might not be what it seems. Here’s Why BTC LTH Supply Data Is Skewed In a recent post on the X platform, pseudonymous analyst Darkfost revealed a surge in the Bitcoin supply held by long-term holders (LTH) over the past few days. However, this supposed rise in LTH activity might not be as relevant to BTC’s growth as the data would ordinarily suggest. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder Highlighting data from CryptoQuant, Darkfost shared that the long-term holder supply has increased from 15 million to 15.8 million BTC over the past two days. The on-chain analyst noted that this metric is among the numerous data points affected by Coinbase’s movement of roughly 800,000 BTC in November 2025. Between November 22nd and 23rd, the US-domiciled crypto exchange shuffled 800,000 BTC (worth nearly $70 billion, at the time) between its internal wallets. As Darkfost mentioned, this maintenance transfer destroyed old LTH UTXOs (unspent transaction outputs) and created new but skewed Bitcoin datasets. The crypto analyst wrote on X: As a result, datasets across multiple platforms incorporated this movement, affecting UTXO-based metrics, age and value cohorts, STH/LTH cost basis, realized value, volumes, and more. Saturday, May 23rd marked six months since the Bitcoin transfer, with the moved BTC now fully transitioned from the short-term holder (STH) to the long-term holder supply. Typically, an increase in LTH supply signals increased accumulation and a growing conviction among the most seasoned crypto investors. However, market participants might want to exercise caution when making decisions with this on-chain signal, considering that it does truly reflect an increase in investor demand. What’s Next For Bitcoin Price? In a separate post on the X platform, Darkfost identified the next major resistance level for the Bitcoin price. Highlighting the STH cost basis, the analyst said that this resistance currently sits just above the $80,000 mark. According to Darkfost, the short-term investors seem to be choosing to cut their losses rather than holding for a reversal, as evidenced by resistance the Bitcoin price faces at their average cost basis. Hence, the premier cryptocurrency needs a sustained break above the $80,000 ceiling for its recovery journey to continue. As of this writing, BTC is valued at around $76,490, reflecting a 1% price increase in the past 24 hours. Related Reading: What The Bitcoin Transaction Volume Crashing Could Do To The Price Featured image from iStock, chart from TradingView
24 May 2026, 15:00
A massive $1 trillion hidden market is waiting to be unlocked in bitcoin, says new report
Ledn forecasts the bitcoin-backed lending market could grow to $1 trillion within a decade as new research highlights strong borrower demand.
24 May 2026, 14:58
Solana eyes $1,000 as price nears critical $90 level
🚨 SOL eyes $1,000 if it clears $90 resistance. Solana must stay above $87–$90 for bullish momentum. Continue Reading: Solana eyes $1,000 as price nears critical $90 level The post Solana eyes $1,000 as price nears critical $90 level appeared first on COINTURK NEWS .
24 May 2026, 14:44
NEAR Protocol Jumps 54% Weekly as Short Sellers Cover and AI Rotation Accelerates
NEAR Protocol traded around $2.41 Sunday, up roughly 54% over seven days and 13% in the past 24 hours, as a short squeeze, artificial intelligence (AI)-sector rotation, and a chain abstraction product story converged at the same time. NEAR Surges as AI Narrative and Cow Swap Integration Draw Traders The most immediate driver was mechanical.
24 May 2026, 14:35
Dogecoin Returns to $0.1 With One Day Left for Key Development
Dogecoin regained $0.10 following an earlier drop as crypto community looks ahead to new development.
24 May 2026, 14:24
Ripple ETFs Defy Mass Exodus Trend but XRP Price Fails to Capitalize
During a very turbulent and painful week for most exchange-traded funds tracking the largest digital assets, those following XRP’s performance continued to see only green. At the same time, though, the underlying asset failed to break out and even dipped to a multi-month low before it posted a minor recovery today. Ripple ETFs Defy the Trend The previous business week saw notable net inflows for the spot XRP ETFs of just over $22 million. This extended the weekly streak that began in May, making them three in a row now. Moreover, the last single day of more outflows than inflows, according to SoSoValue data, was on April 30. While $22 million doesn’t sound as impressive as some of the previous Ripple ETF inflows, it’s worth noting that it came during a week in which the funds tracking BTC and ETH bled out heavily. As reported yesterday, the spot Bitcoin ETFs recorded their worst trading week since late January, with over $1.25 billion leaving the funds. The Ethereum ETFs saw a net withdrawal of $216 million, which was slightly less than the previous week’s $255 million. Moreover, the ETH ETFs haven’t seen a single day in the green since May 8. In contrast, the ETFs tracking SOL gained over $15.5 million, while the two HYPE funds attracted over $72 million as the underlying asset outperformed and rocketed to a new all-time high of just over $63. XRP Price Fails to Capitalize While the spot Ripple ETFs saw only green in the past week, XRP’s price couldn’t go past $1.42. After last week’s rejection at $1.55, the token headed south immediately and began the new business week at $1.42. It continued its descent alongside the rest of the market and culminated yesterday with a massive price drop to under $1.30. This became its lowest price tag in over a month and a half, and meant that XRP had shed 15% of its value since the May 17 surge to $1.55. Nevertheless, it rebounded in the past 24 hours, most likely due to the positive developments on the US-Iran war front, and now sits close to $1.35. Ali Martinez, though, warned that XRP has broken out of its rising trend line of a symmetrical triangle on the daily chart. He predicted another nosedive to around $1.14 if the token fails to reclaim the $1.40 level soon. The post Ripple ETFs Defy Mass Exodus Trend but XRP Price Fails to Capitalize appeared first on CryptoPotato .
