Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months, securing an $11.6 million profit as bitcoin surged from $58,000 to above $81,000. This exit coincided with a massive rally fueled by $225 million in short liquidations and optimism around U.S. Treasury bond buybacks signaling a new bull market. The move highlights profit-taking by large holders amid bitcoin's strongest quarter since 2021. Market watchers will closely monitor if the $80,000 level holds as support or if profit-taking pressures push prices down in the coming days.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
