Bitcoin struggled to rise above $63,000 on Friday despite strong inflows into spot Bitcoin ETFs earlier in the week. Over the past 24 hours, more than 94,000 traders were liquidated, losing over $359 million. Analysts warn that Bitcoin's market structure is weakening, with potential to drop to $58,000 if key support breaks. Historical trends suggest possible further declines after Federal Reserve meetings, but some experts advise patience and accumulation during this volatility.
Large investors, or whales, have raised their control over Cardano's ADA tokens to 68.76%, the highest since July 2020, despite the token's price falling over 70% this year. This surge in whale holdings suggests growing institutional confidence in Ca...
Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 after failing to hold $65,000, which erased $100 million in leveraged long bets and reduced its monthly gains from 10% to 4.5%. The sell-off also cut Bitcoin's market capit...
Tether reported a $1.5 billion net operating profit for Q2 2026, driven by returns from U.S. Treasury and repurchase agreements. Despite this profit, its reserve buffer fell by about half to $4.11 billion, down from $8.23 billion in Q1. The company i...
Strategy, led by Michael Saylor, reported a rise in Bitcoin holdings to nearly 846,000 BTC and efforts to stabilize its preferred stock STRC near its $100 par value despite market difficulties. The company reduced convertible debt to $6.7 billion and...
Bitcoin dropped 1.3% to around $63,870 and Ethereum fell 1.4% to about $1,890 as crypto markets faced pressure at July's end. This decline contrasts with gains in traditional markets like South Korea's Kospi and U.S. stock futures. Bearish signals fr...
