Bitcoin short liquidations may reach $1.28 billion if the price surpasses $81,818, a key level where many leveraged short positions are clustered. This could trigger a short squeeze, forcing traders to buy back Bitcoin, which would add strong upward pressure and possibly accelerate a price rally. However, if Bitcoin fails to sustain above this level, the short positions remain, and the expected squeeze may not occur, leading to market indecision. This event is closely watched as a potential signal of bullish momentum or resistance in the crypto market.
10x Research suggests Bitcoin could confirm a market bottom this August if it closes monthly above $63,000, activating key technical indicators. The analysis depends on stable U.S. monetary policy and bond yields, with risks from potential Fed rate h...
Jim Cramer announced plans to sell all his bitcoin holdings, citing concerns that advances in quantum computing could threaten cryptocurrency security within three to four years. Despite his warning and other market pressures like a hardware wallet h...
Jason Calacanis, an early Uber investor, has criticized Bitcoin and Michael Saylor's Bitcoin strategy, urging investors to sell half of their Bitcoin holdings and invest in projects like Solana and Bittensor that are delivering real products. Althoug...
The United States, alongside Japan's Bank of Japan and Ministry of Finance, has intervened in currency markets to support the Japanese yen for the first time since 1998. This coordinated action aims to counter Japan's ultra-loose monetary policy and ...
Bitcoin briefly surged above $64,000 before settling near $62,000 as traders weighed geopolitical risks from Iran and corporate Bitcoin sales. Ethereum remained steady around $1,800, with analysts optimistic about a potential rise past $2,000. Over $...
