During a recent market downturn, traders moved over $35 million into the stablecoin Tether (USDT), signaling a defensive shift away from riskier assets like Bitcoin and major altcoins. This influx reflects increased market volatility and uncertainty, prompting traders to preserve liquidity while staying active in crypto markets. USDT remains a key liquidity tool across exchanges and derivatives platforms, with its demand closely tied to market sentiment and volatility. As market conditions evolve, USDT activity will likely continue to mirror broader trader caution and capital positioning.
Bitcoin surged above $80,000 following the U.S. Treasury's announcement to double the cap on long-term bond buybacks, a move seen by BitMEX co-founder Arthur Hayes as the start of a new Bitcoin bull market. The Treasury's buyback program aims to impr...
Bitcoin's price rally toward $80,000 is linked to volatility in the US Treasury bond market, according to Gordon Grant, head of derivatives at Bitwise. The Treasury's move to double long-end debt buybacks signaled efforts to stabilize a strained bond...
Ceffu, Binance's institutional custody partner, moved $263.8 million worth of Bitcoin and Ethereum off Binance within 30 minutes on August 24, after depositing $136.54 million in USDC. This follows a similar large transfer in July, indicating ongoing...
Bitcoin attempted twice to break the $80,000 mark but faced heavy selling pressure, causing a sharp intraday drop to around $78,400. Despite this, buyers showed unusual impatience, quickly stepping in to buy and pushing the price back above $79,000. ...
Cryptocurrency prices are fluctuating with Bitcoin rising 1.38% to $78,926, while Ethereum and Binance Coin show minor changes. Several altcoins like XRP, Dogecoin, and Cardano have declined by over 3%, indicating mixed market sentiment. This volatil...
