A trader named 'Evaded' earned over $7.5 million in under four days from long positions in ZEC and HYPE tokens, benefiting from ZEC's 30% surge after the SEC ended its probe and HYPE's rally following a new ETF launch. Instead of cashing out, the trader opened a highly leveraged $38.63 million long position on Ethereum (ETH) at 25x leverage, which risks automatic liquidation if ETH's price drops about 4%. This move shows confidence but also high risk, as a market downturn could quickly wipe out gains.
Bitcoin's price remains stuck in a tight range between $76,100 and $78,000, showing little volatility or clear direction. This stagnation has shifted trader interest toward more speculative altcoins, especially those connected to artificial intellige...
Mark Cuban sold most of his Bitcoin holdings, claiming it failed as a hedge during the Iran war while gold surged. However, analyst Scott Melker fact-checked Cuban's statement, showing that gold peaked before the war and since the war began, Bitcoin ...
Kevin Warsh was narrowly confirmed as the new Federal Reserve chair amid declining confidence in the Fed's ability to control inflation, with inflation expectations rising to 4.8%. Bitcoin has struggled to break past the $77,000 resistance level, ref...
US one-year inflation expectations increased to 4.8% in May, up from previous readings, signaling persistent inflation concerns. This rise challenges the idea that Bitcoin acts as a reliable hedge against inflation, as studies show it behaves more li...
Bitcoin and Ethereum prices remained stable over the weekend, with Bitcoin trading between $76,100 and $78,000 and Ethereum struggling to break out, indicating low volatility in major cryptocurrencies. Meanwhile, AI-focused tokens like Near Protocol ...
