Bitcoin's price is consolidating within a tight range of $54,000 to $62,000 as prediction markets show most traders expect it to close the week within this band. Despite a recent rally to $66,449 driven by a US-Iran peace deal and increased inflows into Bitcoin ETFs, momentum has stalled and Bitcoin has slipped below $64,500. Institutional investors remain cautiously optimistic, but retail sentiment is fearful, reflecting uncertainty about whether the recent gains will sustain or fade. The market awaits a new catalyst to break Bitcoin out of this narrow trading range.
US spot Bitcoin ETFs have experienced a historic $6.35 billion net outflow over 30 days, marking six consecutive weeks of capital withdrawals and a decline from a $63 billion peak. This trend reflects growing institutional caution driven by persisten...
Since August 2020, Strategy has aggressively increased its Bitcoin holdings to 846,842 BTC, now worth $54.4 billion. Despite a challenging 2022 bear market that briefly put its assets below debt, the company raised over $60 billion through debt and e...
Sui Network announced it reached a milestone of one million operations per second, highlighting its focus on scalability and AI-driven blockchain activity. This achievement, shared by Sui co-founder Adeniyi Abiodun and amplified by community posts, e...
Bitcoin's recent price drop saw large inflows into exchanges, but this trend is reversing with net outflows returning and selling pressure easing. Derivative markets show reduced leverage and funding rates have dropped, indicating fewer aggressive lo...
Nearly $404 million in leveraged crypto positions were liquidated in 24 hours, mostly from short sellers as Bitcoin and Ethereum prices rose modestly. About 72% of liquidations were shorts, indicating a short squeeze that forced bearish traders out. ...
