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.
Grayscale's analysis reveals that Bitcoin's impressive 225% return over three years drops to just 95% without its five best days, 27% without the top 10, and turns into an 11% loss when excluding the 15 strongest trading days. This highlights the ris...
Bitcoin surged above $86,000 twice on Tuesday, driven by momentum from the Commodity Futures Trading Commission's proposed crypto regulations and a recent SEC proposal on crypto custody. After a midday sell-off, bitcoin rallied to a peak of $86,450 b...
Zcash and Monero were the top-performing large cryptocurrencies over 24 hours, with Zcash up 3% and Monero 2.14%, while Bitcoin and Ethereum rose only slightly by 0.59% and 0.34% respectively. The crypto market remains largely flat, influenced by the...
Wintermute reports that the cryptocurrency bull cycle is still in its early stages, despite recent pauses in top altcoins like NEAR, XRP, and ARB. Bitcoin remains strong, holding key support levels and showing potential for further gains, though infl...
Bitcoin's price is trading near $86,256, approaching a strong resistance zone between $87,000 and $87,374. The technical outlook remains bullish with 13 moving averages supporting the uptrend, but some short-term caution arises from neutral oscillato...
