A large transfer of 500 million USDT from Binance's hot wallet to Tether Treasury was recorded as Bitcoin's price rebounded close to $65,000. This move likely represents a technical cross-chain swap rather than a liquidity crisis, as Binance shifts tokens from the Ethereum network to faster, cheaper networks to meet margin demand. Bitcoin's price showed strong support around $64,102 and momentum indicators suggest weakening bearish pressure. The market absorbed the USDT withdrawal without volatility, with Bitcoin holding near its local trading range's upper boundary.
Bitcoin price rose 1.2% to nearly $65,000 following U.S. June inflation data showing cooler Personal Consumption Expenditures (PCE) inflation, reducing immediate pressure on the Federal Reserve to raise interest rates. The total crypto market gained ...
South Korean police dismantled a $8.5 million XRP scam involving 3.4 million stolen tokens, arresting three suspects and freezing wallets quickly after complaints. Shiba Inu's recent 40% price pump failed as whales controlling 94.56% of supply cashed...
In July 2026, Bitcoin spot ETFs attracted only $205 million in net inflows, the smallest monthly total on record, indicating weak institutional interest despite some daily inflows. This follows significant outflows in May and June. Ether ETFs perform...
In July 2026, Bitcoin and Ethereum posted strong gains of 9% and 20% respectively, while chip stocks fell sharply by 22%, reversing the year's earlier trend where AI stocks led gains and crypto lagged. The decline in semiconductors was driven by conc...
Bitcoin is currently trading around $64,038, positioned below several short-term moving averages including SMA7, SMA20, EMA12, and EMA26, indicating a lack of strong directional momentum. Resistance levels are identified at $64,766 and $65,494, while...
