Leveraged hedge funds trading on the CME have shifted from a long-standing net short position to a net long stance on bitcoin futures. This change marks a rare bullish move, indicating growing confidence in a bitcoin price rally. The shift could influence market sentiment and futures pricing, suggesting potential upward momentum for bitcoin in the near term.
Most major cryptocurrencies experienced price drops, with Bitcoin trading around $78,672, down 0.81%, and Ethereum falling 2.21% to $2,470.45. Other coins like Solana, Cardano, and Ripple also saw declines, reflecting ongoing market volatility and in...
Bitwise's XRP ETF has reached over $500 million in assets under management within nine months of its November 2025 launch on the NYSE. This growth is notable despite XRP's price dropping 66% in 2026, showing strong investor interest and capital inflo...
Japan's two-year government bond yield rose to 1.746%, its highest in over 31 years, increasing the cost of the yen carry trade that funds global risk assets like Bitcoin. Despite a narrower yield gap with the US, the yen weakened past 160 per dollar...
BitMine Immersion Technologies purchased 53,501 Ethereum tokens last week, increasing its total holdings to 5.9 million ETH, valued at about $14.8 billion. This represents roughly 4.9% of Ethereum's total supply. The company has staked 5.07 million E...
Bitcoin is showing signs of preparing for another upward move after holding key support levels despite a sharp intraday sell-off. The cryptocurrency has rebounded from around $64,700 earlier in August to consolidate near $78,000, following a strong t...
