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 $63,700 on Aug. 12, with most major cryptocurrencies edging higher ahead of the July U.S. inflation report. Dogecoin and BNB led gains, while Bitcoin struggled to hold above $65,000 amid mixed ETF flows and rising oil prices, whic...
Ahead of Wednesday's U.S. Consumer Price Index (CPI) release, bitcoin and ether remain in a tight trading range, with traders positioning for a potential breakout. Some investors are buying call options betting on a price rise if the CPI is softer th...
Dogecoin led major cryptocurrencies with a nearly 3% gain, reaching just above 7 cents, while BNB rose 2% to $614. Bitcoin slipped to around $63,700, the only major token lower on both the day and the week. Asian equities rallied on strong semiconduc...
On August 11, major cryptocurrencies including Hyperliquid (HYPE), Ethereum (ETH), Bitcoin (BTC), and Shiba Inu (SHIB) are showing signs of consolidation with limited momentum for recovery. Hyperliquid struggles to break above $57 resistance after a ...
Bitcoin has been stuck in a narrow range between $62,000 and $66,000 for weeks due to steady ETF buying offset by selling from miners and corporate holders like MicroStrategy. Trading volumes and volatility are at multiyear lows, indicating limited m...
