Bitcoin briefly surged above $63,000 during thin U.S. holiday trading, driven by low liquidity rather than strong market conviction. This bounce follows a tough June marked by $4.5 billion in net ETF outflows and significant long liquidations. For the rally to be trusted, investors should watch for sustained ETF inflows, spot-led demand, and price holding key support levels during regular trading hours. Until these signals appear, the recent price move remains suspect and vulnerable to reversal once normal liquidity returns.
Binance recorded about $1.23 billion in net outflows during the week starting June 29, a 207% increase from the previous week, driven largely by Ethereum withdrawals hitting a three-year high. Analysts suggest the spike reflects accumulation near $1,...
Bitcoin surged past $63,000 for the first time in two weeks, gaining 1.4% in 24 hours and 3.6% over the week, driven by supportive macroeconomic signals like cooling inflation and disappointing employment data. XRP outperformed major cryptocurrencies...
Nearly one million investors who bought President Donald Trump's TRUMP memecoin have collectively lost $3.81 billion after the token's value plunged 97% from its peak. Despite these losses, Trump earned $636 million from the token through transaction...
Aptos fixed a critical vulnerability in its Move virtual machine that could have exposed up to $70 billion in digital assets to systemic risk, as identified by security firm Hexens. The bug, discovered in February, could have caused major disruptions...
Bitcoin's on-chain data indicates the market may be entering the final stage of its bearish phase, with the Realized P/L Ratio at a 43-month low signaling heavy losses and capitulation. Institutional demand is returning as U.S. spot Bitcoin ETFs saw ...
