Financial services firm Matrixport has issued a warning about potential leverage liquidation risks impacting Bitcoin during the current summer event season. Analysts caution that these conditions could trigger significant price volatility and threaten broader market stability. According to the firm’s… Read More »Matrixport Warns of Bitcoin Leverage Liquidation Risks Amid Summer Market Events
Bitcoin (BTC) experienced a pullback, declining 2.6% over the past 24 hours to trade around the $115,000 level. The decline is attributed to significant profit-taking activity, combined with substantial outflows from U.S. spot Bitcoin exchange-traded funds (ETFs) totaling $285 million… Read More »Bitcoin Retreats to $115k Amid Rotation to Ethereum, Altcoins
Bitcoin’s price fell sharply to the $115,000 level following substantial sell pressure from institutional players and unexpected movement from long-dormant wallets. Galaxy Digital executed a significant sale of over 12,800 BTC, valued at approximately $1.5 billion, during a 24-hour period.… Read More »Bitcoin Slides to $115K Amid Galaxy Sell-Off and Whale Activity, Altcoin Rotation Eyed
Bitcoin’s recent pullback is widely interpreted as a routine market rotation rather than a signal of underlying weakness, bolstered by resilient technical indicators and historical trends. Analysts highlight that the current correction lacks signs of speculative overheating, with Swissblock’s Risk… Read More »Market Analysts View Bitcoin Correction as Healthy Rebalance Amid Robust Technicals
Despite seasonal market sluggishness, Ethereum has recorded a notable rise in open contracts, signaling sustained derivatives activity during the typically slow summer period. Bitcoin faces persistent selling pressure as early adopters capitalize on gains through profit-taking. Analysts project extended consolidation… Read More »Ethereum Open Contracts Surge Amid Summer Slump While Bitcoin Faces Selling Pressure
CryptoQuant analyst AXEL has reported a significant shift in the Bitcoin futures market, with net open interest descending into deep negative territory as it crosses the $115,000 threshold. This development signals a notable change in derivatives market positioning dynamics. The… Read More »Bitcoin Futures Net Open Interest Plunges to -$115K Amid Counteractive Buying Pressure
Robert Kiyosaki, bestselling author of ‘Rich Dad Poor Dad’, has endorsed gold, silver, and Bitcoin ETFs as accessible investment vehicles for ordinary investors. His recommendation positions these exchange-traded funds as simplified alternatives to direct asset management, particularly during periods of… Read More »Robert Kiyosaki Advocates Gold, Silver, Bitcoin ETFs for Retail Investors Amid Market Volatility
Bitcoin experienced significant volatility yesterday, briefly dipping below the $115,000 level before staging a recovery to $115,909. This sharp price fluctuation underscores the liquidity challenges and shifting investor sentiment currently characterizing the cryptocurrency market. Market analytics firm Glassnode identified a… Read More »Bitcoin Rebounds From Sub-$115K Dip Amid Market Volatility Signals
Biopharmaceutical company Windtree Therapeutics has announced plans to raise $520 million, with the overwhelming majority targeted at significantly expanding its treasury holdings of Binance Coin (BNB). This substantial capital raise marks a strategic pivot for the company towards cryptocurrency asset… Read More »Windtree Therapeutics Seeks $520 Million Funds for Major BNB Treasury Expansion
CryptoQuant CEO Ki Young Ju has declared the traditional Bitcoin cycle model obsolete, attributing its irrelevance to a fundamental market transformation from retail-driven dynamics to institutional dominance. Ju observed that previous cycle patterns—characterized by whale accumulation phases followed by retail… Read More »CryptoQuant CEO Declares Bitcoin Cycle Theory Obsolete Amid Institutional Market Shift
Bitcoin faces mounting downside risk as on-chain data reveals a rapid decline in large holder activity alongside deteriorating technical indicators. Significant whale withdrawals have sparked concern within cryptocurrency markets, with addresses holding 1,000-10,000 BTC plunging from 2,037 to 1,982 within… Read More »Bitcoin Price Threatens Critical Support Level Amid Whale Exodus and Technical Deterioration
Bitcoin’s (BTC) market dominance has recently declined following a strategic sell-off initiated by key market participants.
Upbit has announced a temporary suspension of deposit and withdrawal services for Litecoin (LTC) and ThunderCore (TT) cryptocurrencies effective 14:00 UTC on July 31. Trading activities for both assets will continue uninterrupted during this period. The suspension facilitates a scheduled… Read More »Upbit Suspends Litecoin and ThunderCore Deposits and Withdrawals for Wallet Maintenance
Memecoins associated with Hulk Hogan and Ozzy Osbourne recorded astronomical gains following the deaths of the cultural icons, demonstrating extreme volatility in celebrity-linked cryptocurrency assets. Hulkmania (HULK) skyrocketed over 122,000% within hours, reaching 0.001335 ETH, while The Mad Man (OZZY)… Read More »Celebrity Memecoins Surge After Stars’ Deaths, Highlighting Crypto Volatility
Chainlink (LINK) is showing technical indications of a potential bullish reversal, confirming a double bottom breakout above the critical $17.17 support level. This pattern emerges alongside a significant surge in trading volume, exceeding 31 million LINK tokens, signaling renewed market… Read More »Chainlink Displays Bullish Breakout Signals Fueled by Whale Activity and DeFi Dominance
Investment firm BitMine has established itself as the largest public holder of Ethereum, amassing 566,776 ETH valued at approximately $2 billion. This positions BitMine above entities including the Ethereum Foundation and publicly listed exchanges, with tokens acquired at an average… Read More »BitMine Emerges as Largest Public Ethereum Holder with $2B Assets, Targets 5% Supply Control
Galaxy Digital transferred approximately 2,850 Bitcoin, valued at $330.44 million, to multiple cryptocurrency exchanges. This action potentially indicates strategic portfolio repositioning by the institutional asset manager amid shifting market dynamics. On-chain analytics services, including Lookonchain, publicly tracked the transaction. Such… Read More »Galaxy Digital Moves $330M in Bitcoin to Exchanges, Signaling Strategic Institutional Activity
Digital asset platform OSL has unveiled plans to raise over HK$2.3 billion (approximately $295 million) in funding to accelerate the expansion of its cryptocurrency operations, signaling aggressive growth ambitions in the institutional digital asset sector. Simultaneously, cryptocurrency investment firm Strategy… Read More »OSL Targets HK$2.3B Expansion Fund as Strategy Boosts Bitcoin Allocation to $2B
Spot Ethereum exchange-traded funds (ETFs) have amassed $2.4 billion in net inflows over six trading days, reflecting robust institutional demand for Ethereum exposure amid growing expectations of its outperformance against Bitcoin. BlackRock’s iShares Ethereum ETF (ETHA) led the surge, capturing… Read More »Ether ETFs Draw $2.4 Billion Inflows as BlackRock’s Fund Dominates, Signaling Institutional Shift
Blockchain analytics indicate crypto venture firm Galaxy recently transferred a significant amount of Bitcoin. Activity tracked via on-chain data reveals the firm moved 5,153 BTC, estimated to be worth approximately $596 million at the time of the transaction. This substantial… Read More »Galaxy Moves $596 Million in Bitcoin, Sparking Market Interest