I started looking into Bitcoin since 2019 and observing market since then. Here I will express my views on Bitcoin based on my prior experience. Any view should not be considered as a financial advice.

21million

bhaskar gond

mohammed zubairali

GOVIND SUTHAR

Kusum Devi

Er. Amit pati

Biswajit Mondal

Sharath Kumar

Vishawkarma Vishawkarma

marcos carneiro

In Polymarket’s bustling prediction markets, traders are putting serious money 
behind JD Vance as the frontrunner for the 2028 U.S. presidential race. The 
Ohio senator commands a 29% chance of victory, supported by $2.15 million in 
trading volume — comfortably outpacing every other contender on the board. 
Exactly three years from this week, the 2028 […]

Vance vs. Newsom: Polymarket Bets Point to a 2028 US Election Showdown

Romania&#8217;s regulators argue that while Polymarket promotes itself as an “event 
trading platform,” its structure constitutes counterparty betting.

Polymarket double play: US comeback gains steam as Romania bans platform for illegal betting

The EU is reportedly drafting a proposal to transfer crypto and financial 
sector oversight to the ESMA, as part of a wider push to improve capital 
markets for startups.

EU mulls SEC-like oversight for stock, crypto exchanges to bolster startup landscape

According to researchers at Cryptoquant, demand for bitcoin and ethereum in 
the U.S. has cooled significantly across spot and derivatives markets after 
the September rally. Cryptoquant: Coinbase Premium Drop Signals Fading U.S. 
Buying Pressure A new Cryptoquant report shows that U.S. investors are easing 
off bitcoin and ethereum exposure, signaling a cooling phase rather than […]

Cryptoquant Report Shows US Bitcoin and Ethereum Appetite Taking a Breather

Recent on-chain data shows that a relevant class of Bitcoin investors known as 
long-term holders has continued to move out of their market positions. LTHs 
Actively Switching To Distribution In a November 1st post on social media 
platform X, popular on-chain analyst Burak Kesmeci shared an insight into the 
prevalent structural bias among Bitcoin&#8217;s long-term holders. Kesmeci’s 
analysis hinges on the Long-Term Holder Net Position Change metric, which 
tracks the net buying or selling behavior of Bitcoin&#8217;s long-term investors 
over a period of 30 days. Related Reading: Bitcoin At A ‘Do-Or-Die’ Level As 
Cycle Faces First Real Test: Analyst A positive reading is usually interpreted 
as a sign that the LTHs are in a net accumulation phase, as there are more 
market participants within this investor class buying Bitcoin than those who 
are selling. On the flipside, when the Long-Term Holder Net Position Change 
metric is negative, it means that the LTHs are in a distribution phase. 
Kesmeci explained in his post that there has been an increasing amount of 
momentum towards the sell side of the metric. In the highlighted chart, around 
400,000 BTC appears to have been sold off in the past 30 days. Interestingly, 
the LTHs don’t seem to be easing off on their sales — a behavior which stands 
equally as a source of concern. In a case where Bitcoin&#8217;s long-term investors 
do desist from selling their holdings, Bitcoin could put in a local price 
bottom, as this typically indicates renewed interest and ‘smart money’ 
positioning for the next cycle. However, if this distribution momentum 
continues to grow, the premier cryptocurrency could continue towards the 
downside, as its long-term holders continue to inject more bearish pressure. 
LTH 2.2% Supply Drop Relatively Modest — Analyst In another X post, crypto 
pundit Darkfost shed light on the implications of Bitcoin&#8217;s LTH behavior 
shift. According to the analyst, the 2.2% &#8220;modest reduction&#8221; of Bitcoin LTH 
supply in October is not much to worry about, especially when compared to the 
levels seen in 2024. As of March 2024, Bitcoin’s LTH supply dropped by 
approximately 5.05%. In December, there was an even higher decline of about 
5.2%. Darkfost implied that the present distribution the market is seeing 
could therefore be a result of early profit taking, where the market could 
soon see a rebound of the Bitcoin price. Nonetheless, the long-term holder net 
position’s trend is one that should be monitored, as a move back towards 
neutral readings could signal the start of an accumulation phase and 
subsequent price reversal to the upside. As of this writing, BTC is valued at 
approximately $110,750, with no significant movement in the past 24 hours. 
Related Reading: Bitcoin Hidden Setup — Triangle Support, Inverse H&amp;S Signal A 
Powerful Reversal Featured image from iStock, chart from TradingView

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