Bitcoin is set to close July with a 7.5% gain despite challenges like rising interest rate expectations, higher bond yields, and a $38 million Coldcard wallet hack. Analysts attribute Bitcoin's resilience to reduced forced selling after leveraged positions were cleared in late June. Investors now await U.S. jobs data and clearer Federal Reserve signals to gauge if spot Bitcoin ETF inflows will resume. The market expects a volatile August, with Bitcoin likely to trade within a range unless real yields fall or ETF demand improves significantly.
On October 19, Bitway (BTW) experienced a sharp decline of 17.76%, falling to $2.00 and standing out as the biggest loser among 89 major non-stablecoin cryptocurrencies. Despite Bitway's drop, 77 other assets saw gains, with Quack AI leading the rise...
A single Bitcoin long position worth $4.09 million was liquidated on OKX's perpetual futures market at a price of $81,756 on October 19. This liquidation occurred because the position could no longer meet margin requirements, forcing the trade to clo...
Altcoins are facing increased selling pressure, with 42.4% of Binance-listed tokens now trading below their 200-day moving averages, signaling fading momentum. Over the weekend, the median top-500 altcoin dropped 5.8%, reflecting a shift in investor ...
Quantum computing firm Quantinuum achieved a record 99.9995% logical fidelity, significantly reducing error rates and advancing toward a fault-tolerant quantum computer by 2029. This progress heightens concerns that powerful quantum machines could ev...
Bitcoin traded near $82,000 with a 1% decline over the week but maintained about 60% of the total cryptocurrency market value, indicating it fell less sharply than many altcoins. Polkadot dropped 6.7% over the week despite a recent 7% gain, while Eth...
