Ethereum&#8217;s surge post-upgrade highlights its growing market influence, potentially reshaping global asset rankings and investment strategies. The post UK investment firm amasses $655M in Ethereum post-Pectra, profit hits $77M appeared first on Crypto Briefing.

UK investment firm amasses $655M in Ethereum post-Pectra, profit hits $77M

On-chain data shows the profit margin of the Bitcoin long-term holders is 
currently the same as when BTC was still $85,000. Here&#8217;s what&#8217;s behind this. 
Bitcoin Long-Term Holder NUPL Has Returned To 0.69 In a new post on X, the on- 
chain analytics firm Glassnode has talked about the trend in the Net 
Unrealized Profit/Loss (NUPL) for the Bitcoin long-term holders. The NUPL is 
an indicator that keeps track of the difference between the unrealized profit 
and unrealized loss held by the BTC investors as a whole. Related Reading: 
Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says 
When the value of this metric is positive, it means the holders are carrying 
more profit than loss. On the other hand, it being under zero suggests the 
average address is underwater. In the context of the current topic, the NUPL 
of the entire network isn&#8217;t of relevance, but rather that of just one segment 
of it: the long-term holders (LTHs). The LTHs refer to the BTC investors who 
have been holding onto their coins since more than 155 days ago. Now, here is 
the chart shared by the analytics firm that shows the trend in the Bitcoin 
NUPL for the LTHs over the past year: As is visible in the above graph, the 
Bitcoin LTH NUPL has remained above the zero level for the past year, implying 
that the HODLers of the market have stayed in the green. But naturally, as the 
BTC price has shown some volatile moves in this period, the indicator&#8217;s value 
has also witnessed some fluctuations. From the chart, it&#8217;s apparent that the 
bull run at the end of 2024 took the indicator into an extreme territory, but 
the market downturn this year resulted in a cooldown for it. With the recent 
price recovery run, the metric again noted a reversal, but even at its peak, 
it still couldn&#8217;t come close to touching the high from the earlier bull run. 
An interesting trend has followed since this latest peak in the Bitcoin LTH 
NUPL; the indicator has observed a sharp retrace, despite the fact that the 
coin&#8217;s value has only been moving flat in this window. The metric is now 
sitting at 0.69, which is the same level as back at the start of April, when 
the cryptocurrency was still just trading around $85,000. What&#8217;s making it so 
that HODLer profitability is the same today despite the price being notably 
higher? And what&#8217;s the reason for the latest decline in the metric even though 
the price has been going sideways? Related Reading: Ethereum Bullish Signal: 
$1.2 Billion In ETH Leaves Exchanges The answer to these questions lies in 
what the LTH group represents. As mentioned earlier, this cohort includes 
investors who purchased their Bitcoin within the past 155 days. This five- 
month cutoff now includes the buyers from December 2024. In other words, the 
promotion of these top buyers into the group has diluted the unrealized gain 
among its members. BTC Price At the time of writing, Bitcoin is floating 
around $103,500, up over 1% in the last 24 hours. Featured image from Dall-E, 
Glassnode.com, chart from TradingView.com

Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why

The incident highlights the urgent need for robust cybersecurity measures to 
protect financial markets from manipulation and fraud.
The post Man gets 14 months in jail for role in SEC&#8217;s X account hack that 
pumped fake Bitcoin ETF hype appeared first on Crypto Briefing.

Man gets 14 months in jail for role in SEC’s X account hack that pumped fake Bitcoin ETF hype

The SEC is warning against FOMO as crypto mania intensifies, even as 
institutional adoption skyrockets and U.S. policy shifts cement digital assets 
as a financial cornerstone. SEC Cautions Against FOMO as Crypto Sees 
Relentless Institutional Inflows The U.S. Securities and Exchange Commission 
(SEC) reminded investors this week to steer clear of emotional decision-making 
driven by […]

SEC Warns of FOMO, Pushes Long-Term Strategies as Crypto Matures

Dogecoin (DOGE) is up 48.7% over the past month, as the broader crypto market 
rallies amid easing concerns over a potential global tariff war. Although the 
leading memecoin has posted impressive gains recently, analysts believe there 
may still be room for DOGE to climb before reaching a cycle top. Analyst 
Identifies Signal That May Predict Dogecoin Top According to a recent 
CryptoQuant Quicktake post by contributor burakkemeci, DOGE price tops often 
align with a surge in retail futures trading activity. The analyst shared the 
following chart illustrating the relationship between DOGE price peaks and 
periods of heightened high-frequency futures trading by retail investors. The 
above chart features red bubbles that mark periods of excessive retail trading 
activity in the DOGE futures market. These bubbles consistently appear near 
major price peaks, suggesting the market may be overheating during those 
phases. Related Reading: Dogecoin Hits Critical Zone—Here’s What 3 Leading 
Analysts Are Watching In contrast, green and pink bubbles on the chart 
represent periods with lower retail participation. These phases typically 
coincide with more stable or “healthier” market conditions, which could offer 
better entry points for new investors. The analyst emphasized that monitoring 
these red bubbles may help both traders and investors anticipate potential 
short-term tops in DOGE. Spikes in retail participation often reflect 
heightened market greed &#8211; frequently a precursor to sharp price corrections. 
At present, Dogecoin futures activity appears to be in a neutral zone, 
indicating that the asset may still have room to grow before nearing an 
overheated state. This view is echoed by crypto analyst Anup Dhungana. In a 
recent post on X, Dhungana shared the following weekly DOGE chart showing a 
breakout from a long-term falling wedge pattern &#8211; a bullish technical setup 
that often precedes price rallies. Based on this breakout, the analyst 
forecasts that DOGE could reach $1 in the current market cycle. All Eyes On $1 
DOGE The $1 price target has long been a symbolic milestone for Dogecoin 
enthusiasts. During the 2021 bull run, DOGE reached an all-time high (ATH) of 
$0.73 but ultimately fell short of the coveted $1 mark. Related Reading: 
Dogecoin Pullback May Be Short-Lived—Here’s The Next Price Target This time, 
however, several analysts believe that Dogecoin could finally hit the $1 
milestone. Noted crypto analyst Kevin recently pointed to $1.10–$1.25 as a 
plausible target, based on Fibonacci retracement levels. However, seasoned 
market watcher Ali Martinez cautioned that DOGE must first overcome a 
significant resistance level at $0.36 to sustain its bullish momentum. At 
press time, DOGE trades at $0.22, up 1% in the past 24 hours. Featured image 
from Unsplash, charts from CryptoQuant, X, and TradingView.com

Dogecoin Price Tops Tend To Follow Surges In Retail Futures Activity, Analysis Shows

**Key takeaways:**
 * Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. 
 * On-chain data suggests the current profit taking is too weak to extinguish Bitcoin&#8217;s current price momentum. 
Bitcoin (BTC) price has spent the bulk of the week pinned below $104,000 to 
$105,000, which many analysts have labelled as a resistance zone, but an 
alternative view suggests that BTC is simply consolidating within a bull flag.
A bull flag is a continuation pattern that is characterized by a period of 
sideways price action following a sharp uptrend, and when the structure 
confirms or breaks from the trendline resistance, the uptrend continues.
_BTC/USDT 1-day chart. Source: TRDR.io_
While the range-bound trading portion of the flag is said to represent 
indecision from buyers and sellers, in this scenario, the absence of buy 
volume is the primary culprit. As shown in the TRDR.io chart below, Bitcoin&#8217;s 
explosive move to $105,900 from $74,400 was accompanied by large liquidations 
in the margin markets and robust spot volumes, which aligned with several days 
of billion-dollar spot BTC ETF inflows.
_BTC/USDT 1hr chart. Source: TRDR.io_
During this three-week period, several US-based and international companies 
also announced plans to purchase Bitcoin and establish BTC treasuries. The 
spot and futures cumulative volume delta, along with the open interest metric 
on the chart show traders selling near the range highs and the absence of new 
long leverage and significantly sized spot positions being opened in this 
area, whereas drops to range low (bull flag support) sees bids filled on the 
spot side, but there is still limited use of margin for fresh longs.
_BTC/USD spot and margin CVD. Source:__TRDR.io_
Bitcoin&#8217;s recent cool-down phase is a normal outcome after the near 40% 
recovery that started on April 8, and the loss of upward momentum resulting 
from profit-taking in futures markets near the current range high is also to 
be expected.
Bitcoin short-term holder supply profit and loss data from Glassnode supports 
this view, as shown in the chart below. The onchain data company highlighted 
profit taking for short-term traders but explained that it does not exceed the 
statistical norm, leaving room for further price upside.
&gt; &#8220;Recently, the magnitude of STH Realized Profit has surged to almost +3 
&gt; standard deviations above its 90-day average, reflecting a notable uptick in 
&gt; profit realization. In past cycles, particularly during rallies towards the 
&gt; ATH, this metric has historically climbed to over +5 standard deviations of 
&gt; more. This signals that much stronger profit-taking pressure is often 
&gt; required to overwhelm the inflow demand.&#8221;
_BTC: Short-term holder activity in profit and loss. Source:__Glassnode_ _ _
_**Related:**__**Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M 
&#8212; Time for BTC to rally?**_
## Bitcoin should test underlying support before moving higher
With the bulk of Bitcoin&#8217;s apparent sell-side liquidity absorbed during the 
move to $105,000, some analysts warn that a brief flush down to test $100,000 
to $90,000 as support could be the next move for BTC price.
Bitcoin market liquidity resource Material Indicators said, barring &#8220;a serious 
catalyst,&#8221; […] BTC has a legit support test at $100K, and FireCharts show that 
the order book is priming for that with asks stacking and bids moving lower.&#8221;
_Bitcoin price liquidity heatmap. Source: Material Indicators_
Sharing his view with X followers, analyst Daan Crypto Trades said that the 
bulk of bullish and bearish narratives with the potential to impact Bitcoin&#8217;s 
price action have &#8220;cleared up&#8221; and he noted that BTC price has stalled near 
its all-time high while stocks have continued to rally after President Trump&#8217;s 
US-China trade deal was confirmed.
The analyst said that &#8220;$90K remains my long-term line in the sand for spot 
exposure,&#8221; adding that he is &#8220;cautiously bullish&#8221; with price above $90,000 but 
that is dependent upon how US equity markets perform in the short term.
&gt; &#8220;I would not be surprised to see a short-term flush if stocks were to roll 
&gt; over and make a higher low somewhere. Considering most stocks moved 30% to 
&gt; 50% in a single month, this wouldn&#8217;t be that crazy either.&#8221;
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.