Bitcoin's recent price bottom may have been accumulated gradually by a single whale or a small group of large buyers, according to analyst Willy Woo. This is based on an unprecedented anomaly in Bitcoin's HODL Wave data, which tracks how long coins remain unmoved. Normally, broad investor buying creates spikes in short-term holding bands, but this time such spikes are absent, indicating slow accumulation by few entities. While this is Woo's interpretation, other factors like ETFs or derivatives could also explain the anomaly. Bitcoin's market remains fragile amid a recent dip below $77,000 and a major derivatives expiry approaching.
A single Bitcoin long position worth $4.09 million was liquidated on OKX's perpetual futures market at a price of $81,756 on October 19. This liquidation occurred because the position could no longer meet margin requirements, forcing the trade to clo...
Altcoins are facing increased selling pressure, with 42.4% of Binance-listed tokens now trading below their 200-day moving averages, signaling fading momentum. Over the weekend, the median top-500 altcoin dropped 5.8%, reflecting a shift in investor ...
Quantum computing firm Quantinuum achieved a record 99.9995% logical fidelity, significantly reducing error rates and advancing toward a fault-tolerant quantum computer by 2029. This progress heightens concerns that powerful quantum machines could ev...
Bitcoin traded near $82,000 with a 1% decline over the week but maintained about 60% of the total cryptocurrency market value, indicating it fell less sharply than many altcoins. Polkadot dropped 6.7% over the week despite a recent 7% gain, while Eth...
The ETH/BTC ratio, which measures Ethereum's value relative to Bitcoin, has declined by over 10% since mid-September, reaching a three-month low near 0.0289. While Ethereum's dollar price remains stable around $2,400, its performance against Bitcoin ...
