A major crypto trader closed a $100 million short position on ether with a $260,000 loss and quickly opened a $13.43 million long position on bitcoin at 20x leverage. This shift signals a change in conviction from expecting ether to fall to betting on bitcoin's rise. The high-risk BTC bet will be liquidated if bitcoin moves about 5% against the position. Despite recent bitcoin ETF outflows, bitcoin remains above $76,000, with some analysts bullish on its long-term price potential. The trade highlights ongoing high-stakes positioning in the crypto market.
Bitcoin and other major cryptocurrencies dropped over 3% following the Federal Reserve's decision to hold interest rates at 3.5%–3.75% while raising inflation forecasts and indicating fewer rate cuts in the future. Despite President Trump's interim p...
Bitcoin dropped below $64,000 following the Federal Reserve's updated dot plot indicating zero or one interest rate cut for 2026, ending weeks of cautious optimism in crypto markets. CryptoQuant reported the largest weekly decline in Bitcoin demand s...
London BTC Company has added the Teep Gold-Silver Project in Nevada to its US gold hedge strategy after rock-chip sampling showed high-grade gold and silver, including samples with up to 36.90 g/t gold and 1,332.5 g/t silver. The project covers 2,190...
Bitcoin's largest holders, known as whales, have significantly increased their holdings to 7.17 million BTC, the highest since mid-March. This accumulation follows a recent price correction where Bitcoin dropped to around $60,000, a level whales now ...
Popular analyst Ali Martinez highlighted that Elon Musk, the world's first trillionaire, owns Bitcoin and Dogecoin. Musk's companies SpaceX and Tesla hold significant Bitcoin reserves, with SpaceX holding 18,712 BTC worth about $1.19 billion and Tesl...
