A major whale investor has boosted their Bitcoin long exposure on the Hyperliquid exchange, coinciding with HyperLabs transferring large amounts of its HYPE tokens to centralized exchanges. This activity reflects growing confidence among whales, with total long positions on Hyperliquid reaching around $3.5 billion. Market odds suggest a moderate chance of Bitcoin hitting higher prices soon, but the probability remains low. Investors should watch whale movements and how the market handles the influx of HYPE tokens, as these factors could affect Bitcoin's liquidity and price volatility in the near term.
Trump Media has canceled its plans with Crypto.com to create a publicly traded company for accumulating and staking Crypto.com's CRO token, citing changing market conditions and business priorities. The company is also dropping a separate Crypto.com ...
Bitcoin is trading around $64,941 with a slight increase of 0.8%, while Ethereum and Binance Coin also see modest gains. Some altcoins like Solana and Zcash show stronger positive movements, whereas others like XRP and Cardano experience declines. Th...
The U.S. Senate has postponed the vote on the Clarity Act to September 14 due to lack of consensus, stalling hopes for clear crypto regulations. This delay has left Bitcoin trading around $64,000, unable to break resistance near $66,000 despite $626 ...
Bitcoin's price recently climbed back above $65,000 but faces strong resistance in the $65K-$67K zone, which is crucial for determining its next move. Despite positive ETF inflows and some accumulation by long-term holders, buying pressure has not be...
Haider Rafique of OKX expressed skepticism that the Clarity Act, a key U.S. crypto market structure bill, will pass this year due to political dynamics ahead of the midterms. He noted that Democrats have little incentive to support a Republican-led c...
