Bitcoin saw $415.83 million in derivatives liquidations recently, mostly from long positions, as it tested a $59.1k low, signaling bearish pressure. The Coinbase Premium Index has been negative for over six weeks, indicating weaker enthusiasm from U.S. investors compared to global markets. Technical analysis suggests possible further declines to $55.5k or even $49.6k. Additionally, concerns about Strategy stock's heavy losses and potential spot Bitcoin selling to cover dividends and debt could worsen market sentiment and accelerate a market bottom before recovery.
Bitcoin sellers are showing signs of exhaustion around the $64,000 level, indicating a potential late stage of the market downturn, according to Glassnode. However, the firm has not confirmed a market bottom yet, as bitcoin remains stuck in a narrow ...
In Austria, investors can offset realized Bitcoin losses against dividends and certain other investment income for tax purposes, reducing taxable income. This offset must occur within the same calendar year and is not automatic across different finan...
Western Star Resources has begun its first field exploration program at the Eagle Point Tungsten Project in New Mexico, aiming to validate geological data and prepare drill targets. The project, a past-producing tungsten site, has historical estimate...
The International Energy Agency (IEA) has raised its forecast for the decline in global oil demand in 2026 to 1.6 million barrels per day, up from the previous estimate of nearly 1 million barrels. This sharper drop is driven by ongoing high fuel pri...
Large Cardano (ADA) holders have quietly reduced their positions following a price rebound above $0.20, with wallets holding 1M-10M ADA dropping from 2,370 to 2,340 in nine days. This coordinated selling coincides with technical indicators signaling ...
