Invest ideasNews
16 Apr 2026, 06:21
Bitcoin stalls near $75K amid profit-taking: is breakout still possible?
The cryptocurrency market has been stable over the past few hours, with no significant price movement among the leading cryptocurrencies. Bitcoin has stabilized around the $75,000 area after rejecting the $76,132 resistance level earlier this week. The leading cryptocurrency could rally higher in the near term as demand remains stable. Bitcoin shows signs of stabilization Glassnode revealed in its report on Wednesday that Bitcoin is beginning to show signs of stabilization after a prolonged period of losses. However, the report added that the recovery remains fragile and lacks strong participation. Bitcoin is currently trading at $74,900, 5% below the True Market Mean at $78,100, a key resistance level that represents the average cost basis of active on-chain supply. Glassnode noted that the current stall in Bitcoin’s price movement can be attributed to increased profit-taking. The 30-day Exponential Moving Average of the Realized Profit/Loss Ratio has risen to 1.16, indicating that more investors are selling into recent price strength. The report revealed that only 43.2% of Short-Term Holder (STH) supply is currently in profit, below the historical average of 54.2% observed at local peaks during bear-market rallies. This indicates that there may be room for further gains before the market experiences selling pressure. Institutional demand for Bitcoin has turned positive over the past few weeks, while open interest on CME Group futures has begun to recover from recent lows. However, both indicators remain well below levels seen during previous periods of strong risk appetite, suggesting that capital is re-entering the market cautiously rather than aggressively. Glassnode further pointed out that liquidity conditions are the primary movers of Bitcoin’s price action. Data obtained from Hyperliquid reveals a concentration of long liquidations between $63,000 and $65,000, while short liquidations are clustered around $74,000 to $76,000. Derivatives data show that retail demand in the market has been increasing in recent days. CoinGlass’s futures Open Interest (OI) for Bitcoin now reads $56.95 billion, up by 11% from the $51 billion recorded on Wednesday. However, the OI-weighted funded rate has flipped negative and now reads -0.0056%. The funding rate flipping negative means that the bears are slowly regaining control of the market. Additional derivatives indicators reinforce the cautious outlook. Implied volatility has declined, with one-month implied volatility near 42.6%, reflecting calmer market conditions after recent turbulence. Bitcoin technical outlook: Bulls face resistance at $76,132 The BTC/USD 4-hour chart remains bearish and efficient. Bitcoin is looking to retest the resistance level above $76,000, but could face further selling pressure in the near term. The momentum indicators suggest the bullish narrative may be fading. The RSI of 63 is above the neutral 50, but has dropped from the overbought 74 recorded earlier this week. The MACD lines are also above the zero line, indicating a stabilizing bullish condition. If buying pressure resumes, BTC could surpass the $76,132 resistance level and rally towards the $79,395 daily swing high. However, if the market undergoes a correction, Bitcoin could encounter its first major resistance at the Wednesday low of $73,395, with another floor at $70,441. The post Bitcoin stalls near $75K amid profit-taking: is breakout still possible? appeared first on Invezz
16 Apr 2026, 06:15
Bithumb Halts STRK Transactions: Essential Starknet Upgrade Forces Temporary Suspension
BitcoinWorld Bithumb Halts STRK Transactions: Essential Starknet Upgrade Forces Temporary Suspension SEOUL, South Korea – April 19, 2025 – Leading South Korean cryptocurrency exchange Bithumb will temporarily suspend all Starknet (STRK) deposit and withdrawal services starting at 5:00 a.m. UTC on April 20. This strategic pause directly supports Starknet’s scheduled network upgrade, ensuring seamless integration and enhanced security for users. Consequently, traders must prepare for this brief service interruption affecting one of Ethereum’s most prominent Layer-2 scaling solutions. Bithumb’s STRK Suspension Timeline and Details Bithumb officially confirmed the STRK suspension through its standard notification channels. The exchange will halt all STRK-related transaction services precisely at the designated time. However, trading of STRK against Korean Won (KRW) and other cryptocurrency pairs will continue uninterrupted throughout the maintenance period. This approach mirrors standard industry practices during blockchain upgrades. Network upgrades represent critical infrastructure improvements for blockchain protocols. Starknet’s development team scheduled this particular upgrade to implement several technical enhancements. These improvements typically focus on scalability, transaction efficiency, and security features. Major exchanges like Bithumb routinely coordinate with development teams to ensure smooth transitions. The suspension affects only external STRK movements between Bithumb wallets and external addresses. Users can still place buy and sell orders on the exchange’s internal order books. This distinction proves crucial for active traders managing positions during the maintenance window. Historical data shows similar suspensions typically last between 2-8 hours, though Bithumb hasn’t specified an exact resumption time. Understanding Starknet’s Network Upgrade Starknet operates as a validity-rollup Layer-2 solution on Ethereum. The platform utilizes zk-STARK cryptographic proofs to batch transactions. This technology dramatically reduces Ethereum’s congestion and gas fees. Regular network upgrades maintain Starknet’s competitive edge against other scaling solutions like Arbitrum and Optimism. Previous Starknet upgrades introduced significant improvements. For instance, the “Quantum Leap” upgrade in 2023 increased transaction throughput tenfold. The upcoming upgrade likely focuses on further optimizing proof generation and reducing latency. These technical enhancements require temporary coordination with major exchange partners. Enhanced Security Protocols: Network upgrades often patch vulnerabilities and strengthen consensus mechanisms Improved Transaction Finality: Faster confirmation times increase user experience quality Reduced Operational Costs: Optimized code can lower transaction fees for end users Developer Tool Enhancements: Better APIs and SDKs encourage ecosystem growth Blockchain analytics firm Chainalysis reports that 78% of major exchanges implement similar suspensions during network upgrades. This precautionary measure prevents transaction failures and fund losses. The coordinated approach demonstrates maturing industry standards for infrastructure management. Expert Analysis of Exchange Coordination Industry experts emphasize the importance of exchange coordination during blockchain upgrades. Dr. Min-ji Park, blockchain infrastructure specialist at Seoul National University, explains the technical rationale. “Exchanges must synchronize their node software with the upgraded network protocol,” she states. “Processing transactions during this transition could create consensus conflicts or double-spend vulnerabilities.” Comparative data reveals Bithumb’s approach aligns with global exchange practices. Binance suspended STRK transactions for six hours during Starknet’s previous major upgrade. Similarly, Coinbase implemented a 4-hour maintenance window for the same event. These standardized procedures reflect growing institutionalization within cryptocurrency markets. The temporary suspension timeline allows Bithumb’s technical team to complete several critical tasks. Engineers must update internal node software to the latest Starknet version. They also verify wallet compatibility and test transaction processing systems. Finally, the team conducts security audits before reopening deposit and withdrawal services. Impact on South Korean Crypto Traders South Korea represents one of Starknet’s most active markets globally. Bithumb processes approximately 35% of domestic STRK trading volume according to recent market data. The temporary suspension primarily affects traders needing to move STRK tokens during the maintenance window. However, alternative exchanges remain available for urgent transactions. Local traders should consider several practical implications. First, any pending STRK deposits or withdrawals should complete before the suspension begins. Second, users planning STRK transfers for time-sensitive purposes must adjust their schedules accordingly. Third, price volatility sometimes occurs around maintenance periods as liquidity temporarily shifts. Recent Major Exchange Maintenance Windows for Layer-2 Upgrades Exchange Protocol Duration Date Bithumb Starknet (STRK) TBD April 2025 Binance Arbitrum (ARB) 5 hours March 2025 Coinbase Optimism (OP) 3.5 hours February 2025 Kraken Polygon (MATIC) 4 hours January 2025 Market analysts observe predictable patterns around such maintenance events. Trading volume typically decreases slightly during suspension periods. However, volatility often remains within normal ranges for major assets like STRK. The continued availability of spot trading prevents significant market dislocation. Broader Context of Crypto Exchange Operations Cryptocurrency exchanges increasingly prioritize infrastructure stability and security. Bithumb’s proactive announcement follows established best practices for transparent communication. The exchange provided advance notice exceeding 24 hours, allowing adequate user preparation time. This transparency builds trust within the trading community. Regulatory considerations also influence exchange operations. South Korea’s Financial Services Commission (FSC) mandates strict operational standards for licensed exchanges. These requirements include proper maintenance notifications and contingency planning. Bithumb’s compliance demonstrates the exchange’s commitment to regulatory adherence. Technological infrastructure represents a competitive differentiator among exchanges. Platforms investing in robust systems experience fewer service disruptions during blockchain upgrades. Bithumb’s technical capabilities will face practical testing during this Starknet transition. Successful execution reinforces the exchange’s reputation for reliability. Historical Precedents and User Expectations Seasoned cryptocurrency users recognize temporary suspensions as routine operational events. Major blockchain networks like Ethereum and Bitcoin undergo scheduled upgrades approximately twice yearly. Exchange coordination has become standardized procedure since the 2020 Ethereum 2.0 Beacon Chain launch. User expectations have evolved alongside industry practices. Modern traders typically appreciate advance notice and clear communication. They understand that temporary suspensions prevent potentially costly technical issues. This maturity reflects cryptocurrency markets’ progression toward mainstream financial service standards. Bithumb maintains detailed protocols for such operational events. The exchange’s incident response team monitors the upgrade process continuously. They provide status updates through official social media channels and in-app notifications. This communication strategy minimizes user uncertainty during service interruptions. Conclusion Bithumb’s temporary STRK suspension represents standard industry practice for supporting blockchain network upgrades. The coordinated approach ensures seamless integration of Starknet’s technical improvements while protecting user assets. South Korean traders should complete any urgent STRK transactions before the April 20 deadline. This maintenance event ultimately strengthens Starknet’s infrastructure and Bithumb’s operational reliability. The cryptocurrency ecosystem continues maturing through such carefully coordinated technical collaborations. FAQs Q1: When exactly will Bithumb suspend STRK deposits and withdrawals? The suspension begins at 5:00 a.m. UTC on April 20, 2025. Bithumb recommends completing transactions several hours before this deadline. Q2: Can I still trade STRK on Bithumb during the suspension? Yes, spot trading of STRK against KRW and other cryptocurrencies continues uninterrupted. Only deposits and withdrawals to external wallets are suspended. Q3: How long will the STRK suspension last? Bithumb hasn’t specified an exact duration, but similar network upgrades typically require 2-8 hours. Monitor Bithumb’s official channels for resumption announcements. Q4: Why do exchanges suspend services during network upgrades? Suspensions prevent transaction failures, double-spends, and consensus conflicts during protocol transitions. This protects user funds and ensures smooth upgrades. Q5: What should I do if I have pending STRK transactions? Complete all deposits and withdrawals before the suspension begins. Transactions initiated during maintenance may fail or experience significant delays. This post Bithumb Halts STRK Transactions: Essential Starknet Upgrade Forces Temporary Suspension first appeared on BitcoinWorld .
16 Apr 2026, 06:10
Bitcoin Profit-Taking Pressure Mounts: Critical Analysis Reveals Investor Exodus at $75K Resistance
BitcoinWorld Bitcoin Profit-Taking Pressure Mounts: Critical Analysis Reveals Investor Exodus at $75K Resistance Bitcoin faces mounting profit-taking pressure as on-chain data reveals investors are increasingly selling into the current rally, creating significant resistance around the $75,000 level according to comprehensive market analysis. This trend emerges from detailed blockchain metrics that track investor behavior patterns and capital flows within the cryptocurrency ecosystem. The developing situation highlights crucial dynamics between short-term profit realization and long-term price sustainability in digital asset markets. Bitcoin Profit-Taking Analysis Reveals Critical Market Dynamics Recent blockchain data indicates a substantial increase in Bitcoin profit-taking activity as the cryptocurrency approaches key resistance levels. Market analysts observe this pattern through sophisticated on-chain metrics that measure investor behavior with unprecedented precision. The trend represents a significant shift from accumulation phases to distribution cycles within Bitcoin’s market structure. Consequently, this development warrants careful examination for understanding current price action and potential future movements. On-chain analytics platforms track millions of Bitcoin transactions daily, providing real-time insights into investor sentiment and capital flows. These tools measure when coins last moved and at what prices they were acquired. Therefore, analysts can determine whether current transactions represent profit-taking or loss-realization events. This data-driven approach offers objective evidence about market psychology beyond traditional technical analysis methods. Understanding the Realized Profit/Loss Indicator The realized profit/loss indicator serves as a primary metric for assessing Bitcoin profit-taking pressure across market cycles. This sophisticated measurement compares the current market price to the price at which each Bitcoin last moved on the blockchain. Specifically, it calculates whether coins are being sold at prices above or below their acquisition costs. The resulting ratio provides quantitative evidence about profit-taking intensity throughout market phases. Currently, the 30-day exponential moving average for this metric registers at 1.16, indicating substantial profit-taking activity. Historically, readings above 1.0 suggest that investors are realizing profits on their positions. Furthermore, sustained elevated readings often precede periods of consolidation or correction as selling pressure accumulates. Market participants monitor this indicator closely for signals about potential trend changes and resistance levels. Historical Context of Profit-Taking Cycles Previous Bitcoin market cycles demonstrate consistent patterns of profit-taking around psychological and technical resistance levels. Analysis of 2017 and 2021 bull markets reveals similar investor behavior during comparable price appreciation phases. During these periods, profit-taking typically intensified near round-number resistance levels, creating temporary price ceilings. However, sustained bull markets eventually absorbed this selling pressure through increased demand and institutional participation. The current situation shows parallels to historical patterns while exhibiting unique characteristics. Today’s market features more sophisticated institutional participation alongside traditional retail investor activity. Additionally, regulatory developments and macroeconomic factors create distinct contextual differences from previous cycles. These elements combine to create a complex market environment where profit-taking signals require nuanced interpretation. Resistance at $75,000: Technical and Psychological Factors Bitcoin’s struggle with the $75,000 resistance level combines technical chart patterns with psychological market barriers. This price region represents both a significant round number and an area where previous selling pressure has materialized. Technical analysts identify multiple confluence factors creating resistance in this zone. These include previous price highs, Fibonacci retracement levels, and volume profile points of control. Market psychology plays an equally important role in resistance formation. The $75,000 level represents a substantial psychological threshold for both retail and institutional investors. Many market participants establish profit-taking targets around such significant round numbers. Consequently, concentrated selling activity often emerges as prices approach these psychological barriers. This behavior creates self-fulfilling resistance that requires substantial buying pressure to overcome. Key resistance factors at $75,000 include: Previous price rejection: Historical data shows selling pressure at similar levels Institutional profit targets: Large investors often establish exits near round numbers Options market positioning: Concentrated options activity creates hedging-related selling Technical indicators: Multiple timeframe resistance convergence Absorbing Sell-Side Supply: Market Mechanics Explained For Bitcoin to advance beyond current resistance levels, the market must successfully absorb available sell-side supply. This process involves matching selling orders with sufficient buying demand at progressively higher prices. Market depth analysis reveals the concentration of sell orders at various price levels above current trading ranges. Understanding this supply distribution helps predict potential resistance zones and breakout requirements. The absorption process depends on several critical factors including institutional participation, retail investor sentiment, and macroeconomic conditions. When buying pressure consistently exceeds selling pressure at resistance levels, markets can breakthrough to higher trading ranges. Conversely, when selling pressure overwhelms buying interest, prices typically consolidate or correct. Current on-chain data suggests the market faces significant absorption challenges near the $75,000 level. Institutional vs. Retail Profit-Taking Patterns Analysis reveals distinct profit-taking patterns between institutional and retail Bitcoin investors. Institutional entities typically demonstrate more systematic profit-taking approaches, often tied to specific return targets or portfolio rebalancing requirements. These investors frequently use sophisticated trading strategies including dollar-cost averaging out of positions. Their selling activity tends to be more measured and less emotionally driven than retail investor behavior. Retail investors, conversely, often exhibit more reactive profit-taking patterns tied to psychological price levels and social sentiment. This segment frequently engages in momentum-driven trading, taking profits during rapid price appreciation phases. The current profit-taking trend appears to involve substantial participation from both investor categories. This combined selling pressure creates particularly challenging resistance for price advancement. Market Implications and Future Scenarios The current profit-taking trend carries significant implications for Bitcoin’s near-term price trajectory and broader market structure. Sustained selling pressure at resistance levels typically leads to either consolidation periods or corrective movements. However, successful absorption of this selling can establish stronger foundations for subsequent advances. Market participants closely monitor several key indicators to assess which scenario might develop. Critical factors influencing future price action include: Exchange inflow/outflow ratios: Measuring whether coins move to or from exchanges Long-term holder behavior: Tracking whether veteran investors participate in selling Derivatives market positioning: Analyzing futures and options market sentiment Macroeconomic developments: Monitoring interest rates and monetary policy impacts Historical analysis suggests that healthy bull markets typically experience multiple profit-taking episodes during their advancement. These events often serve to redistribute coins from weak hands to strong hands, strengthening the overall market structure. The current situation may represent such a redistribution phase rather than a trend reversal signal. Market participants await further data to confirm this interpretation. Conclusion Bitcoin profit-taking pressure represents a natural market phenomenon during significant price appreciation phases, with current on-chain data revealing substantial selling activity around the $75,000 resistance level. The realized profit/loss indicator’s elevated reading at 1.16 confirms this trend through quantitative measurement. For Bitcoin to advance beyond current resistance toward the $78,100 target, the market must successfully absorb available sell-side supply through sustained buying pressure. This process will determine whether current profit-taking represents healthy consolidation or the beginning of more significant correction. Market participants should monitor on-chain metrics alongside traditional technical analysis for comprehensive market assessment. FAQs Q1: What does the realized profit/loss indicator measure in Bitcoin markets? The realized profit/loss indicator measures whether Bitcoin transactions occur at prices above or below their acquisition costs by comparing current prices to the prices at which coins last moved on the blockchain. This metric provides quantitative evidence about profit-taking intensity throughout market cycles. Q2: Why is the $75,000 level significant for Bitcoin resistance? The $75,000 level represents both a psychological round number and a technical resistance zone where previous selling pressure has materialized. This price region combines multiple confluence factors including previous price highs, Fibonacci levels, and concentrated options market activity. Q3: How does profit-taking affect Bitcoin’s price advancement? Profit-taking creates selling pressure that must be absorbed by sufficient buying demand for prices to advance. When selling pressure exceeds buying interest at resistance levels, prices typically consolidate or correct. Successful absorption of selling can establish stronger foundations for subsequent advances. Q4: What’s the difference between institutional and retail profit-taking patterns? Institutional investors typically demonstrate systematic profit-taking approaches tied to specific return targets or portfolio rebalancing, while retail investors often exhibit more reactive patterns tied to psychological price levels and social sentiment. Both categories currently contribute to selling pressure. Q5: Can profit-taking be a positive sign for Bitcoin markets? Yes, controlled profit-taking during bull markets can represent healthy redistribution of coins from short-term traders to long-term holders, potentially strengthening overall market structure. Historical analysis shows that sustainable advances often include multiple profit-taking episodes. This post Bitcoin Profit-Taking Pressure Mounts: Critical Analysis Reveals Investor Exodus at $75K Resistance first appeared on BitcoinWorld .
16 Apr 2026, 06:02
Dogecoin jumps 5 percent to $0.098, outpaces bitcoin and ethereum
🚀 Dogecoin soared 5 percent to $0.098, leading the crypto rally. Institutional buying and derivatives activity fueled the jump. Continue Reading: Dogecoin jumps 5 percent to $0.098, outpaces bitcoin and ethereum The post Dogecoin jumps 5 percent to $0.098, outpaces bitcoin and ethereum appeared first on COINTURK NEWS .
16 Apr 2026, 06:02
Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days
The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.
16 Apr 2026, 06:00
Ethereum’s Staking Ecosystem Evolves As Market Cap Expands Rapidly
As the cryptocurrency market gradually turns bullish, a notable growth is being observed across Ethereum’s price action and its staking ecosystem. After a series of staking activity among retail and institutional investors, the ETH staking market cap has exploded, reaching new levels. ETH Staking Market Cap Sees Explosive Growth The Ethereum ecosystem is undergoing a radical change as its staking landscape quickly grows in size and sophistication. This notable growth coincides with the recent upward performance of ETH’s price following a broader market recovery earlier this week. According to Everstake, the largest global non-custodial staking infrastructure provider, the ETH staking ecosystem has evolved, reaching a $85.2 billion market cap. With the massive market cap, the ecosystem is turning into a fortress of security. Everstake stated that the sheer scale of this is absolutely mind-blowing. Such a sharp rise in ETH staking market capitalization is indicative of increased i nvolvement from both individual and institutional holders , who are all looking for profits while enhancing network security. As a result of this, Ethereum’s economic model is changing, becoming a more yield-driven and capital-efficient economy. Looking at the chart shared by Everstake, the Ethereum network is now commanding more locked capital than the rest of the leading networks combined. ETH leads with over $85.2 billion, while Solana and BNB Chain come in second and third positions, with $35.5 billion and $15.2 billion, respectively. Being the leader in total staking market cap, ETH is currently providing the largest decentralized security budget in history. Offering more insight, Everstake added that this massive staking market cap represents unmatched trust or conviction in the ETH network from both large institutions and regular users across the globe. Furthermore, it proves that Ethereum is the leading blockchain when it comes to network resilience and providing a bulletproof settlement layer for the global on-chain economy. “The foundation has never been stronger,” Everstake stated. A Growing Bullish Momentum For The Ethereum Price With the rebound across the market, the Ethereum price appears to be maintaining its newfound uptrend, breaking past key resistance levels that previously capped previous upside attempts. In a report on X , Glassnode, a research and data analytics platform, highlighted that ETH’s price has reclaimed the 1-3 month holder cost basis located at the $2,300 level. A Major driver of this upward performance of ETH is the renewed positive momentum of the market. As seen in the chart, this trend is a familiar one. Glassnode noted that this structure so far is consistent with a bear market relief rally, similar to the bounces seen in Q3–Q4 2022, rather than a structural trend reversal. At the time of writing, ETH’s price was trading at $2,319, with a nearly 3% decrease in the last 24 hours. While ETH’s price has declined, its trading volume has turned bearish, falling by more than 13% over the past day.
