Companies Absorb BTC at 4x Daily Miner Supply, Per River’s Research

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Crypto News

River says companies are taking in far more bitcoin each day than miners create. The U.S.-based bitcoin financial services firm, which runs brokerage and mining operations and publishes research, released a Sankey-style flow infographic dated Aug. 25 in a post on X. In this layout, outflows are shown on the left, inflows on the right, […]

As ETH Soars, Analyst Explains Why Supply Shock Seems ‘Inevitable’

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Crypto News

Ether (ETH) pushed into uncharted territory Sunday, clearing $4,900 on Coinbase at 5:40 p.m. UTC and surpassing its prior record of $4,867 set on Nov. 8, 2021. The five-year ETH-USD price chart from TradingView shows a clean, multi-year breakout: ETH has finally vaulted the 2021 high after a long consolidation, leaving no historical overhead levels […]