Bitcoin plunged to $68,000 over the weekend, causing nearly $400 million in leveraged positions to be liquidated across multiple crypto exchanges, with BitMEX alone seeing over $100 million in liquidations. The crash broke key support levels and sparked intense trading activity, with some analysts pointing to a potential bottom around $65,000. Despite the selloff, a bullish "golden cross" technical pattern emerged, suggesting a possible buying opportunity, though market volatility keeps traders cautious. Institutional investors remain steady, viewing the drop as a short-term event amid broader macroeconomic influences like interest rates and inflation.
Bitcoin's long-term holder selling pressure is easing, signaling potential stabilization after months of weakness. A softer U.S. inflation report boosted Bitcoin more than equities, showing changing investor sentiment. However, Bitcoin must surpass t...
Bitcoin is trading in a tight range between $63,800 and $64,094 after pulling back from recent highs, showing a mixed technical picture. Short-term momentum is weak with indecisive trading on the 1-hour chart, while the 4-hour chart shows consolidati...
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
A major whale investor has increased their short position on Bitcoin through the decentralized futures platform Hyperliquid, earning $131,000 with a 26.7% return over 30 days. This move reflects a bearish sentiment among large investors who expect Bi...
