A prominent Bitcoin trader closed a large short position of 700 BTC with a nearly $2 million loss just before Bitcoin surged past $81,000, its highest since January 31. This move helped the trader avoid further losses amid a market where $130 million in short bets were liquidated in 24 hours. Despite the spike, many traders remain bearish, but analyst Ali Martinez sees strong structural support around $83,000, predicting potential rises to $89,000 and $94,000. Bitcoin was trading around $80,691 at the time of reporting, signaling continued volatility and interest in the crypto market.
Bitcoin fell nearly 4% after the tech company Strategy sold 3,588 BTC to fund dividend payments and boost cash reserves, causing immediate market volatility. Analysts are divided on Bitcoin's future: some see a repeat of the 2022 summer downturn, whi...
Bitcoin surged nearly 7% in the week ending July 5, marking its strongest weekly gain since March 2026. This rebound is largely driven by declining US inflation expectations, with the inflation breakeven rate falling below the Federal Reserve's 2% ta...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Strategy, Michael Saylor's Bitcoin firm known for its 'hold forever' approach, sold $225 million worth of Bitcoin, sparking criticism from Bitcoin skeptic Peter Schiff. Schiff estimates the sale caused a realized loss of $54 million, as the firm sold...
