The post Bitcoin price steadies near $107K as selling caps upside appeared on BitcoinEthereumNews.com. Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was trading at $107,619, down 2.8% from the previous day. The coin moved between $107,623 and $111,555 during the period, extending a 5% weekly and 7% monthly decline. After weeks of volatility, Bitcoin is now 14% below its all-time high of $126,080 set on Oct. 6. Trading activity has picked up slightly, with $60.7 billion in volume over the last day, an 11.4% increase from the previous session. This rise shows that traders are becoming more active around current Bitcoin (BTC) price levels. However, according to CoinGlass data, open interest fell 2.3% to $70.12 billion, while derivatives volume fell 19% to $102.37 billion. These figures suggest traders are reducing short-term holdings, which often indicates uncertainty and a wait-and-see attitude in the market. Bitcoin selling pressure and market dynamics A new report by 10x Research, published on Oct. 21, highlights two major forces holding Bitcoin back. The first is that digital asset treasury firms have slowed their buying, with companies like Strategy now adding smaller amounts of Bitcoin compared to previous quarters. The second is that long-term holders are selling into the demand created by Bitcoin exchange-traded funds. This steady selling has prevented a strong breakout, keeping prices in a tight range near $110,000. According to 10x Research, Bitcoin’s performance depends more on new capital entering the market than on interest rates or macroeconomic policy. Without a clear wave of new inflows, volatility is expected to stay low and the price action subdued. This view is supported… The post Bitcoin price steadies near $107K as selling caps upside appeared on BitcoinEthereumNews.com. Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was trading at $107,619, down 2.8% from the previous day. The coin moved between $107,623 and $111,555 during the period, extending a 5% weekly and 7% monthly decline. After weeks of volatility, Bitcoin is now 14% below its all-time high of $126,080 set on Oct. 6. Trading activity has picked up slightly, with $60.7 billion in volume over the last day, an 11.4% increase from the previous session. This rise shows that traders are becoming more active around current Bitcoin (BTC) price levels. However, according to CoinGlass data, open interest fell 2.3% to $70.12 billion, while derivatives volume fell 19% to $102.37 billion. These figures suggest traders are reducing short-term holdings, which often indicates uncertainty and a wait-and-see attitude in the market. Bitcoin selling pressure and market dynamics A new report by 10x Research, published on Oct. 21, highlights two major forces holding Bitcoin back. The first is that digital asset treasury firms have slowed their buying, with companies like Strategy now adding smaller amounts of Bitcoin compared to previous quarters. The second is that long-term holders are selling into the demand created by Bitcoin exchange-traded funds. This steady selling has prevented a strong breakout, keeping prices in a tight range near $110,000. According to 10x Research, Bitcoin’s performance depends more on new capital entering the market than on interest rates or macroeconomic policy. Without a clear wave of new inflows, volatility is expected to stay low and the price action subdued. This view is supported…

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more