Bitcoin is defying its typical August losses by rising over 2% this month, supported by strong institutional demand. Bitcoin ETFs have attracted over $381 million in net inflows so far in August, with no days of outflows, signaling steady investor confidence. Additionally, Bitcoin dominance is increasing as capital rotates back into BTC from Ethereum, suggesting a potential shift in market dynamics. If this trend continues, Bitcoin could break its historical August weakness and sustain a longer rally.
A wallet associated with Fasanara Capital held $222 million in open positions on the Hyperliquid platform as of October 21, with 86.3% of its exposure in short positions. The largest shorts were $51.53 million in Bitcoin and $51.15 million in Ether, ...
Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...
Bitcoin has recovered to above $84,500 following the Office of the Comptroller of the Currency's (OCC) finalization of the GENIUS Act stablecoin regulations, which will take effect on January 18, 2027. These rules impose strict standards on stablecoi...
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
A Bitcoin trader increased their long position by about $1.6 million and closed a previous long position of 104.81 BTC valued at approximately $8.7 million. The closed long was opened at an average price of $82,971.69 per BTC and closed at $83,068.30...
