A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig…

James Wynn’s side wallet reportedly dumps massive MOONPIG supply

Bitcoin has continued to hover above the $100,000 mark over the past few days, 
and its price action has stabilized around $105,000 in the wake of recent 
market tensions and despite inflows into Spot Bitcoin ETFs. A new analysis 
shared by crypto market commentator Gert van Lagen suggests that this current 
phase is going to precede an explosive move similar to those seen in previous 
market cycles. Backing his prediction with historical data and Glassnode’s 
AVIV Ratio chart, the analyst noted that the current on-chain structure echoes 
moments before Bitcoin’s major rallies in past bull markets. AVIV Ratio 
Flashes Familiar Pattern Before Market Top Bitcoin&#8217;s price volatility has 
slightly cooled since the initial surge to a new all-time high above $111,800 
in May, and the latest candlestick structure suggests it may be preparing for 
another leg higher. Related Reading: Can Bitcoin Price Bounce To $120,000 Or 
Will It Break Below $100,000? Taking to the social media platform X, Gert van 
Lagen revealed a Bitcoin price prediction that centers around the true market 
Deviation metric known as the AVIV Ratio. This orange-colored line on the 
chart tracks a specific deviation in Bitcoin’s market behavior and has always 
crossed a red line denoting +3 standard deviations at or just before cycle 
tops. The current AVIV behavior can be compared to previous price points 
before market tops in previous cycles. For instance, in 2013, the AVIV Ratio 
flagged a major rally when Bitcoin was trading near $200, shortly before the 
price pushed past $1,200. In 2017, the metric behaved similarly when Bitcoin 
was trading at $3,700 and later peaked near $20,000. The current AVIV Ratio 
can also be compared to when Bitcoin was priced at $13,000 in the 2021 bull 
market run, before its surge to an all-time high of $69,000. According to the 
analyst, today’s AVIV ratio level is closely aligned with those previous mid- 
cycle breakouts. The current ratio has not yet crossed the red +3σ line, which 
the analyst refers to as the cycle top trigger. As such, its current reading 
suggests Bitcoin may be in the early phase of a major bull market expansion. 
If history repeats itself, a 3x move from today’s levels would be a standard 
price move in line with previous price action. $300,000 Target Within Sight If 
AVIV Behavior Holds Crypto analyst van Lagen stops short of calling for an 
immediate top, but his analysis implies that Bitcoin could be preparing for a 
new parabolic surge to the upside. Using the AVIV model as a reference, a 
conservative 3x multiplier on the current Bitcoin price places a possible 
target around $300,000. Related Reading: Key Fractal From 2023 Says Bitcoin 
Price Is Still Bullish, But A Crash To $90,000 Could Be Coming At the time of 
writing, Bitcoin is trading at $104,997, having decreased by 1.4% in the past 
24 hours. This decline has brought its price down from an intraday high of 
$106,795 back into its consolidation range around $105,000. Featured image 
from Pixabay, chart from Tradingview.com

Analyst Says Bitcoin Price Could Rise 3x To $300,000 As AVIV Levels Resemble Previous Bull Cycles

In a move straight from the Strategy playbook, Prenetics has become the first 
health sciences firm to execute an aggressive Bitcoin treasury strategy, 
securing $20 million worth of BTC and appointing crypto veteran Andy Cheung to 
its board. According to…

Prenetics joins Bitcoin arms race with $20m buy and bold new board

Bitcoin&#8217;s resilience amid Fed uncertainty highlights its potential as a hedge, 
but future rate signals could impact broader market liquidity.
The post Bitcoin stays resilient ahead of Fed meeting as investors await 
policy signals appeared first on Crypto Briefing.

Bitcoin stays resilient ahead of Fed meeting as investors await policy signals

Ahead of Wednesday’s Federal Reserve announcement, U.S. President Donald Trump 
took a jab at Fed Chair Jerome Powell, joking that he’s called him every name 
in the book in a bid to convince him to lower the federal funds rate. Powell 
Ignores Name-Calling as Fed Expected to Hold Rates at 99.9% The U.S. Federal 
Open […]

No Rate Cut, No Filter: Trump Slams Fed Chair With Nicknames and Jabs

Coinbase’s futures trading platform is teaming up with regulated derivatives 
clearinghouse Nodal Clear to add Circle’s stablecoin USDC as collateral for 
futures trading in the United States. Coinbase Derivatives, which is regulated 
by the Commodity Futures Trading Commission (CFTC), announced…