A large investor increased long positions in Bitcoin and Solana, risking over $70 million following a weak US jobs report that eased fears of Fed rate hikes. Despite a relief rally pushing Bitcoin toward $62K, the Fed is expected to keep rates steady, creating market uncertainty. The investor also opened a significant short position on Hyperliquid, which is currently losing value. Market watchers await the upcoming FOMC Minutes, which could trigger volatility and impact the crypto recovery.
Crypto analyst Rekt Capital warns that Bitcoin's bear market may not be over, citing historical patterns from previous cycles. He notes that Bitcoin is about 270 days from its 2025 peak, while past cycles took around 365 days to reach the bottom. The...
XRP ETFs saw $6.55 million in net inflows on July 2, marking their eighth consecutive positive week and pushing assets under management close to $1 billion. Bitcoin's BIP-110 soft fork, aimed at censoring non-monetary data, was declared dead by Block...
Bitcoin whales accumulated over 270,000 BTC worth about $16.7 billion in two weeks, even as U.S. spot Bitcoin ETFs saw $4.06 billion in outflows in June, their worst month since launch. This divergence highlights a market split where large individual...
Cryptocurrency prices are fluctuating with Bitcoin trading around $61,950, showing a 1.19% increase. Ethereum has gained significantly by 5.68%, while other altcoins like Binance Coin and Cardano also show positive movements. These changes reflect on...
In June, U.S. spot bitcoin ETFs experienced a record $4.06 billion in outflows, marking their worst month ever and pushing them into negative territory for 2026. Despite this, large bitcoin holders, known as whales, accumulated over 270,000 BTC worth...
