Bitcoin and Ethereum underwent significant price corrections after a violent liquidation wave swept through derivatives markets. The 48-hour selloff erased nearly $10 billion from Ethereum futures open interest and over $5 billion from Bitcoin positions.
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Eric Trump Urges Investors to ‘Buy the Dip’ in Bitcoin and Ethereum Amid Market Volatility
09:41 02-08-2025 (1 day ago)
Business executive and public figure Eric Trump has advised cryptocurrency investors to acquire Bitcoin (BTC) and Ethereum (ETH) during current market downturns, positioning price dips as strategic entry opportunities. Trump conveyed this stance through social media channels, expressing bullish sentiment on the long-term prospects of both assets despite recent volatility. His public endorsement highlights the perceived value of accumulating leading...
Bitcoin Miners Execute Strategic Sell-off Reducing Holdings by 282 BTC in Two Weeks
01:42 03-08-2025 (10 hours ago)
Bitcoin miners strategically sold over 3,000 BTC between July 16 and August 1, 2024, resulting in a slight reduction of their collective reserves. Miner balances decreased by 282 BTC during this period, moving from 180,980 BTC to 180,698 BTC as of August 1st. The modest scale of this reduction indicates a controlled liquidation strategy rather than panic-driven selling, aligning with...
UK FCA Authorizes Retail Crypto ETNs with Conditions, Maintains Derivatives Ban
10:39 03-08-2025 (57 minutes ago)
The UK Financial Conduct Authority (FCA) has permitted retail trading of cryptocurrency Exchange Traded Notes (ETNs) under stringent regulatory conditions. This decision expands regulated market access, allowing retail investors exposure to cryptocurrencies through ETNs, which are considered safer alternatives to high-risk derivatives. The regulator simultaneously upheld its ban on retail cryptocurrency derivatives trading due to persistent concerns over excessive risk...
Crypto Blockchain Industries Expands Bitcoin Holdings to 25.07 BTC Signaling Institutional Confidence
07:11 01-08-2025 (2 days ago)
Crypto Blockchain Industries has substantially increased its Bitcoin reserves, acquiring 21.52 BTC during the second quarter of 2024. This strategic accumulation elevates the company's total Bitcoin holdings to 25.07 BTC, reflecting a deliberate commitment to cryptocurrency investment amid evolving market conditions. The significant expansion of institutional Bitcoin holdings indicates growing corporate confidence in the digital asset's long-term value proposition. Market...
Large Whale Opens Significant 20,000 ETH Short Position with 20x Leverage
23:27 02-08-2025 (12 hours ago)
A prominent cryptocurrency whale has significantly increased their bearish position against Ethereum (ETH), opening a large leveraged short trade that signals potential volatility ahead. Market watchers identified the whale initiating a 20,000 ETH short position, valued between $75 million and $77 million. Crucially, the position employs 20x leverage, amplifying both its potential profit and risk. This substantial leveraged bet is...
Ethereum Sees Significant Accumulation and Technical Pattern Hinting at Major Price Move
10:37 02-08-2025 (1 day ago)
Significant accumulation of Ethereum and the development of a critical technical pattern suggest the potential for a major price movement. Current data indicates a substantial wave of ETH purchases has occurred. Wallets have accumulated approximately $2.85 billion worth of ETH recently. This surge in buying includes substantial transactions from known entities such as Galaxy Digital and SharpLink Gaming, indicating strong...
Trump Vows Full Disclosure of Epstein Case Records, Vows to Protect Innocent Parties
02:29 02-08-2025 (1 day ago)
Former President Donald Trump has publicly committed to releasing all documents pertaining to the Jeffrey Epstein case. He emphasized that full transparency regarding the matter is necessary. Trump stated the disclosure process will be conducted with careful consideration for the individuals involved. He pledged to ensure innocent parties are not harmed as the documents are made public. Addressing potential concerns...
Indonesia Records $6.97M Crypto Tax Revenue in Early 2024, Raises Overseas Platform Rates to 1%
09:37 01-08-2025 (2 days ago)
Indonesia secured $6.97 million in cryptocurrency tax revenue during the first half of 2024, driven by increased investor adoption and regulatory enforcement efforts. Revenue growth reflects the expansion of digital asset activities among local traders. Starting August 2024, the government increased tax rates on overseas crypto platforms to 1%, while maintaining a lower 0.5% levy for domestic exchanges. This policy...
Ethereum Plunges Below $3,550 Support Amid Whale Dumping and Exchange Inflows
21:23 02-08-2025 (14 hours ago)
Ethereum's price breached the critical $3,550 support level following significant exchange inflows and whale selling activity, signaling potential further declines toward $3,200. The breakdown occurred amid heightened sell pressure as market indicators turned bearish. Approximately 200,573 ETH flooded into exchanges on August 1st, triggering intensified selling pressure. The bearish momentum was amplified by high-profile transfers including a whale moving over...
Chainlink Debuts State Pricing to Revolutionize On-Chain Asset Valuation in DeFi
16:04 01-08-2025 (2 days ago)
Chainlink has launched State Pricing, a novel methodology for decentralized asset valuation that utilizes liquidity reserves within decentralized exchange pools to bolster price reliability and security across DeFi ecosystems. This approach significantly mitigates vulnerabilities to market manipulations such as flash loan attacks by deriving fair-market prices directly from pooled reserves. Initial assets supported by State Pricing include wrapped stETH (wstETH),...
Analysts Project Bitcoin Peak Near $150,000, Fueled by Halving Cycle and Growing Demand
18:19 31-07-2025 (3 days ago)
Industry analysis indicates Bitcoin (BTC) has significant potential for further growth, with predictions targeting a peak price near $150,000 by October. This forecast is primarily based on Bitcoin's well-documented historical halving cycles. The anticipated peak timing aligns with observations that Bitcoin consistently reaches cycle highs approximately 518 to 546 days following its quadrennial halving events. The most recent halving, which...
SEC Crypto Task Force Launches Nationwide Roundtables to Shape Inclusive Regulations
22:19 01-08-2025 (2 days ago)
The U.S. Securities and Exchange Commission's Crypto Task Force, led by Commissioner Hester Peirce, has initiated a series of 10 nationwide roundtables to gather industry perspectives for crafting transparent cryptocurrency regulations. The sessions, running through late 2025 across the United States, aim to foster direct collaboration between regulators and crypto stakeholders. SEC Chairman Paul Atkins emphasized replacing 'shoot first, ask...