An early Ethereum investor sold $188 million worth of ETH, wrapped staked Ether, and wrapped Bitcoin before the recent market crash, then repurchased similar amounts at lower prices as the market recovered. This strategic move, described as a "perfect sell high, buy low," allowed the trader to regain exposure with less capital. Meanwhile, Ethereum's price rebounded near $1,666 but remains volatile, with a large short position still open and significant sell walls on exchanges. Falling exchange reserves suggest tighter supply, but market direction remains uncertain as resistance levels near $1,800 to $2,000 are tested.
Since the US-Iran conflict began, tech stocks like the Nasdaq 100 have surged over 20%, while major cryptocurrencies such as Bitcoin and Ethereum have declined, with Ethereum dropping 13%. This divergence highlights that crypto is not acting as a saf...
High-net-worth crypto investors are focusing their portfolios on large-cap tokens like Bitcoin (81%) and Ethereum (79%) amid ongoing market uncertainty, favoring liquidity and stability. Meanwhile, smaller altcoins show extremely low Relative Strengt...
Bitcoin surged from below $60,000 to nearly $63,800 over the weekend, causing a $504 million loss for traders betting against it—the biggest daily short squeeze since April. Total crypto liquidations hit $655 million, affecting over 104,000 traders, ...
Bitcoin surged above $80,000 in early May but then dropped below $60,000 before rebounding to $62,000, raising questions about its traditional 4-year cycle. Galaxy CEO Michael Novogratz argues that Bitcoin isn’t dead but the 4-year cycle may no longe...
Bitcoin has stabilized near $61,000 after a major drop but remains below key moving averages, signaling cautious recovery potential. Ethereum and XRP continue to face downward pressure, trading below major averages and showing oversold conditions tha...
