On May 22, Bitcoin long positions worth about $320 million were liquidated following the SEC's unexpected delay of a plan to grant exemptions for US crypto firms to trade tokenized stocks. This regulatory setback caused Bitcoin's price to drop toward $76,000 and ended a week of sustained buying pressure. Traders had built leveraged long positions expecting a regulatory green light, but the delay forced many to exit. The postponement highlights ongoing cautious regulatory moves in the US crypto market, impacting sentiment and market structure as investors await clearer rules on tokenized equities.
Bitcoin recently dropped to around $82,700, pressured by rising U.S. Treasury yields and a stronger dollar, which dampened demand for risk assets. The $83,000 level is now a key support zone, with $80,000 as the next target if it breaks. For a bullis...
Bitcoin fell to around $82,300 before recovering slightly, down about 4% from recent highs, as Ethereum researcher Justin Drake warned of AI potentially breaking wallet cryptography soon, urging a shift to new addresses. Vitalik Buterin acknowledged ...
A crypto trader known as 0xdd6a has established a massive $26.5 million short position with 20x leverage across major cryptocurrencies including Bitcoin, Ethereum, Solana, Dogecoin, and XRP. The trader is currently profiting from recent price decline...
TD Sequential buy signals appeared on the four-hour charts of Bitcoin, Ethereum, and XRP following significant price corrections: Bitcoin fell 5.55% to $82,150, Ethereum dropped 7.36% to $2,537, and XRP declined about 9.2% to $1.39. These signals sug...
Bitcoin, Ether, and XRP all flashed four-hour TD Sequential signals indicating possible short-term exhaustion after recent steep declines, with Bitcoin dropping over 5% and Ether over 7%. Key technical levels for Bitcoin range around $81,000 to $83,3...
