A large $125 million Bitcoin short position held by a trader known as Gambler 0xff84 is at risk of liquidation as Bitcoin's price dips to around $62,650. The trader holds 2,000 BTC short with a liquidation price at $63,528.92, betting on further price declines. If Bitcoin falls further, it could trigger more liquidations and worsen the bearish trend, but if Bitcoin rebounds, the short position could lead to losses for the whale. This position highlights the current market's fear-driven volatility and the importance of key support levels in the coming days.
The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limit...
Anthropic, an AI company preparing for its IPO, has a 74-79% chance on prediction markets to exceed Bitcoin's market cap before December 31, 2026. Its IPO valuation is expected between $1.5 trillion and $2 trillion, compared to Bitcoin's $1.55-$1.61 ...
Bitcoin is under pressure as it tests key support levels around $78,000, influenced by political uncertainty ahead of the US midterm elections, the recent Binance hack, and expectations of further Federal Reserve rate hikes. Hilbert Group's CIO Russe...
The HYPE token surged about 13% while major cryptocurrencies like Bitcoin and Ether fell, driven by Binance's temporary halt on deposits and withdrawals due to a security incident. This disruption pushed significant trading volume to the decentralize...
The Binance hacker has swapped nearly half of their 970,000 SOL holdings ($95.9 million) into Bitcoin, increasing selling pressure on Solana. This activity, combined with rising short positions and a 12% drop in the SOL/BTC ratio in October, signals ...
