Bitcoin traded sideways near $63,923 with low volume, while a dormant whale re-entered the market buying 1,001 BTC worth $64 million after a year. Despite this, overall whale activity remains subdued, with reduced buying and selling and negative netflows indicating more BTC leaving exchanges than entering. Technical indicators suggest downward price pressure, making a drop below $63,000 likely unless demand picks up. The whale's return signals some confidence but broader market weakness keeps downside risk elevated.
Hyperliquid's decentralized exchange saw its perpetual volume halve from $84B to $43B in less than three weeks, while total Open Interest dropped by $10B in July. Revenue also fell threefold from $23M to $7.5M weekly, leading to a sharp decline in HY...
Paramount Skydance's $80 billion acquisition of Warner Bros. Discovery faces a lawsuit from 12 state attorneys general, which insiders believe is influenced by Netflix to block a strong competitor. The suit, led by California AG Rob Bonta, criticizes...
The Capital Group Dividend Value ETF (CGDV) is recommended as a buy for long-term investors seeking lower market volatility and fundamental-driven returns beyond typical index funds. CGDV focuses on companies with strong cash flows, solid balance she...
Bitcoin's short-term holder cost basis has fallen below the adjusted long-term holder level, signaling the potential final phase of its bear market. This crossover, seen in previous cycles, suggests that while the bear market may be ending, a confirm...
A potential Bitcoin consensus vulnerability linked to BIP-110 has been identified, where nodes upgrading at different times might disagree on chain history, risking a silent chain split. This raises operational risks for exchanges and custodians reli...
