Bitcoin rose to $77,000 following increased betting on Polymarket, where traders have wagered over $154 million on a permanent US-Iran peace deal by the end of 2026. This surge in market activity comes as President Donald Trump described his decision on Iran as a "solid 50/50" between accepting a diplomatic agreement or resuming military strikes. Ongoing indirect negotiations and a fragile ceasefire have kept hopes alive for a deal that could ease sanctions and reopen the Strait of Hormuz, stabilizing global energy flows. The outcome remains uncertain, with Trump expected to decide by late May, while markets and traders adjust their positions based on the evolving diplomatic situation.
A pseudonymous trader named Evaded secured $4.6 million in profits by closing long positions in HYPE, ZEC, and ETH. Immediately after, the trader opened a large short position of 990 bitcoins worth about $74.84 million on Hyperliquid, which had alrea...
Toncoin (TON) fell 11.15% in 24 hours following a 3.35% Bitcoin correction that erased $85 billion from the crypto market cap. Most liquidations were long positions, signaling bearish sentiment. After reaching $2.9 earlier this month, TON’s price is ...
Bitcoin has ended its longest-ever period of underperformance against the S&P 500 and is now expected to outperform stocks, bonds, and gold amid persistent inflation and high oil prices. Mark Connors, former Credit Suisse portfolio head, highlights t...
Ethereum's price remains stuck just above $2,000 due to major sell-offs from prominent holders and ongoing ETF outflows, causing cautious market sentiment. Despite long-term optimism around Ethereum's role in decentralized finance and upcoming privac...
Bitcoin whale wallets have offloaded 18,447 BTC valued at about $1.42 billion over 96 hours, signaling strategic profit-taking or portfolio shifts at elevated prices. This reduction comes as downside liquidity near $74,000 has mostly been cleared, le...
