A newly funded wallet deposited 6.68 million USDC to the Hyperliquid trading platform and opened highly leveraged 20x short positions on Bitcoin, Solana, and Ethereum. This concentrated bearish trade is notable for its size and leverage but is based on a single unconfirmed report without verified wallet identity or broader market impact. The move highlights cautious sentiment among some traders but does not yet signal a wider market trend. Investors should watch for further confirmations or market reactions.
Bitcoin traded near $62,600 with little change over the week as renewed tensions between the U.S. and Iran pushed oil prices higher, increasing inflation concerns. The U.S. reinstated a blockade on Iranian ships, raising geopolitical risks and causin...
The Altcoin Season Index increased to 56, up from 46 last week, indicating improving performance among large-cap altcoins but still below the 75 threshold for a full altcoin season. Bitcoin dominance remains steady at 58.2%, showing that most market ...
Economist Peter Schiff expressed regret for not buying Bitcoin when he first learned about it but remains firm that he will not buy the cryptocurrency now, even if its price falls to $20,000. Schiff has a long-standing bearish view on Bitcoin, freque...
Major cryptocurrencies, including Bitcoin, fell by more than 2% as traders increased expectations for a Federal Reserve interest rate hike in July. This shift is driven by rising U.S.-Iran tensions, surging oil prices, and hawkish Fed comments, pushi...
Bitcoin has rebounded from around $58,000 to trade near $63,000-$64,000, approaching a key resistance zone at the 50-day EMA near $64,600. Despite multiple tests, it has yet to break out decisively, but technical signals like higher lows and a rising...
