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.
Solana (SOL) surged about 7% over two days, leading altcoin gains amid easing U.S.–Iran tensions that improved risk sentiment across global markets. The rally was driven by macro factors rather than Solana-specific news, with trading volume rising 24...
Solana (SOL) has gained 13% in the past week, nearing a key resistance level at $77 amid easing geopolitical tensions and lower oil prices. The upcoming Federal Reserve meeting and new chairman's stance on interest rates will be crucial for SOL's nex...
Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...
Bitcoin surged toward $67,000 following reports of a U.S.–Iran ceasefire framework, triggering a relief rally as oil prices fell and risk appetite improved. However, this rally faces resistance near $67K due to overhead supply, ETF outflows, and rece...
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
