Leveraged hedge funds trading on the Chicago Mercantile Exchange (CME) have shifted from a long-standing net short position to a net long stance on bitcoin futures. This change marks a rare and significant move toward bullish exposure on bitcoin, suggesting growing confidence in a potential bitcoin rally. The shift could influence market sentiment and trading dynamics in the cryptocurrency space going forward.
XRP is trading near $1.30, down over 7% in the past week, with $1.30-$1.32 identified as key support. Analysts suggest a breakout above this range could push XRP toward $1.87, but a failure to hold support might see prices drop to $1.16 or lower. Ris...
Arthur Hayes, CIO at Maelstrom, suggests that the bursting of the AI bubble might lead to government bailouts increasing money supply, which could boost bitcoin as a safe-haven asset amid inflation concerns. This scenario is supported by rising corre...
Bitcoin's price surpassed the $82,000 mark, reaching $82,152 on Binance's spot market at 5:35 a.m. ET on October 18. This rise marks a notable moment for the largest cryptocurrency by market capitalization, showing a 0.49% increase over the previous ...
Bitcoin is trading around $81,500, down 1.79% over the past week, with on-chain data showing its MVRV percentile has fallen to 25.7%, below the 30th percentile. This suggests Bitcoin is in a historically low valuation range often seen as an accumulat...
Justin Sun, founder of TRON, reduced 80% to 90% of his Ether holdings around late 2025 when Ether was priced between $3,600 and $4,000, citing a fragile price pattern as his reason. He has not repurchased Ether but retains a base amount and continues...
