Bitcoin and Ether prices rose this week, supported by strong trading volumes and positive momentum from the potential passage of the US CLARITY Act. The Act, which aims to clarify crypto regulations, is gaining traction in the Senate but still faces hurdles, particularly from Senate Democrats concerned about consumer protection and ethics. Meanwhile, rising oil prices and inflation fears have increased market expectations for Federal Reserve rate hikes, causing some volatility. Investors are closely watching the Fed's upcoming meeting and the impact of geopolitical tensions and AI spending on broader markets, which could influence crypto trends going forward.
Crypto markets saw $26.3 million in liquidations over 24 hours, dominated by $18 million in short position liquidations as Bitcoin and Ethereum prices rose modestly. This indicates a short squeeze, where bearish traders are forced to close positions ...
Shiba Inu (SHIB) jumped nearly 40% in two days, re-entering the top 25 cryptocurrencies mainly due to a whale-driven liquidity squeeze, with 802 wallets controlling 94.7% of supply. The rally faces resistance near $3.5 billion market cap and the 200-...
Bitcoin remained above $66,000 as U.S. Senate Republicans introduced an updated CLARITY Act draft restricting crypto sponsorship by senior officials until 2029. While Bitcoin and Ethereum ETFs saw net inflows, some meme coins like Shiba Inu and BONK ...
After weeks of continuous inflows, Ethereum and Bitcoin spot ETFs in the U.S. experienced net outflows on July 25, signaling a pause in recent momentum despite positive trends in July overall. Ethereum ETFs saw a $70.62 million outflow, while Bitcoin...
Leveraged long positions in Dogecoin (DOGE) rose sharply in USDT-margined futures, while Bitcoin (BTC) and Ethereum (ETH) saw slight declines in long exposure, indicating traders are rotating risk toward more volatile assets. This shift is driven mai...
