eToro&#8217;s tokenization of US equities on Ethereum could revolutionize global 
trading, enhancing accessibility and integrating with DeFi systems.
The post eToro to launch tokenized US equities on Ethereum appeared first on 
Crypto Briefing.

eToro to launch tokenized US equities on Ethereum

Bitcoin’s early adopters are stirring again—this time, moving 770 BTC valued 
at just over $90 million. The dormant stash was split into six separate 
transfers over the last two days, marking the first activity from these 
vintage wallets in years. 6 Transfers, Zero Shockwaves: Sleeping Bitcoin 
Awakenings Barely Moves Market Price Bitcoin’s deep-pocketed old-timers aren’t 
[…]

Dormant Bitcoin Wallets Continue to Come Alive: Another 770 BTC Moved in 6 Mysterious Transfers

Bitcoin (BTC) is experiencing a period of stability after its recent upward 
climb, currently trading around $118,502, marking a slight daily decline of 
about 0.3%. Despite approaching the notable resistance level at $120,000, the 
leading cryptocurrency has shown little indication of breaking through 
decisively. This quiet trading environment has drawn the attention of 
analysts, prompting a detailed examination of the current market sentiment and 
investor behavior patterns. A recent report by Arab Chain, an analyst at 
CryptoQuant, suggests there is waning interest among US investors at Bitcoin’s 
current price level. Related Reading: Bitcoin Remains Flat—And The SSR Ratio 
Might Explain Why Declining Demand from US Investors Utilizing the Coinbase 
Premium Index, a measure that compares Bitcoin’s price on Coinbase against 
other exchanges, Arab Chain highlights a clear downward trend in demand from 
American investors as prices have risen above the $105,000 mark. Arab Chain 
notes that although the Coinbase Premium Index remains slightly positive, 
indicating a minimal premium on Bitcoin in US markets, the significant 
reduction in this premium suggests declining enthusiasm at current price 
levels. Historically, strong buying interest from US investors has typically 
occurred when Bitcoin was priced under $105,000, suggesting that current 
valuations may be too elevated for many investors seeking favorable entry 
points. The analyst specifically noted: The index shows a significant decline 
in U.S. investor demand for Bitcoin. However, it remains in positive 
territory, indicating U.S. investors are not as active in purchasing Bitcoin 
at current prices compared to when it traded below $105,000. The trend 
suggests many potential buyers might be holding off, anticipating better 
opportunities should prices dip again. Bitcoin Long-Term Holders Begin Profit- 
Taking Adding further context, another CryptoQuant analyst, Burak Kesmeci, 
identified emerging patterns among long-term Bitcoin holders at the key 
psychological resistance level of $120,000. According to Kesmeci, long-term 
holders have recently transitioned into net-negative territory, signaling 
initial phases of profit-taking. Such moves typically indicate that veteran 
investors, many of whom may have held Bitcoin through previous market cycles, 
are beginning to liquidate portions of their holdings to capitalize on recent 
gains. Related Reading: Bitcoin Price Surges 28% as Metaplanet Adds $93M BTC — 
Analysts Eye $111K as Strategic Buy Zone Kesmeci highlighted the importance of 
monitoring this activity closely, pointing specifically to institutional 
involvement: One significant case to note is Galaxy Digital, reported to have 
sold approximately 80,000 BTC. Such sizeable institutional activity indicates 
this is more than typical retail profit-taking. This development raises 
questions regarding future market behavior, whether the current sell-off by 
larger holders represents strategic repositioning or signals broader market 
concerns. Featured image created with DALL-E, Chart from TradingView

Bitcoin Demand Drops Among US Investors—Is a Price Correction Coming?

eToro has announced an expansion of its product offering with the launch of 
tokenized stocks of U.S.-listed companies on the Ethereum blockchain. The 
trading and investing platform revealed this as part of its raft of new 
offerings, with the company…

eToro to launch tokenized U.S. stocks on Ethereum

For years, DeFi lending protocols lost millions to MEV bots and sluggish 
oracle updates. RedStone Atom is keen to flip that switch by enabling real- 
time liquidations and recapturing value that once vanished into validator 
mempools. The result could translate to…

Cryptocurrency price in NOK