Ripple co-founder Chris Larsen has transferred 50 million XRP tokens to exchanges, fueling market anxiety over potential selling pressure amid a broader cryptocurrency downturn. The transaction triggered debates among analysts and investors regarding near-term price stability for the digital asset.… Read More »Ripple Co-Founder’s 50M XRP Transfer Sparks Market Volatility Concerns
Dogecoin (DOGE) co-creator Billy Markus has offered a candid reflection on the cryptocurrency’s genesis, comparing its branding decision to a famous story depicted in ‘The Social Network’ about Facebook. Markus highlighted the crucial role of meme culture and dedicated community… Read More »DOGE Creator Billy Markus Draws Facebook Parallel in Origin Story, Warns of Crypto Volatility
Bitcoin recently experienced a notable price decrease, falling to $115,363, largely attributed to a strategic sell-off by institutional firm Galaxy Digital. The company reportedly sold approximately 11,000 BTC and withdrew over $1.15 billion USDT from exchanges, signaling a significant liquidity… Read More »Bitcoin Dip Driven by Galaxy Digital Sell-Off Amid Adam Back Purchases
A significant transfer of approximately 3,169 Bitcoin (BTC) to Coinbase exchange occurred within the past hour, signaling mounting selling pressure in the cryptocurrency market. This movement of assets to the prominent exchange platform typically indicates holders may be preparing to… Read More »Bitcoin Selling Pressure Intensifies as Coinbase Receives 3,169 BTC Inflow
Bitcoin (BTC) is testing pivotal support levels near $114,000 amid heightened market fluctuations, with technical indicators signaling potential further losses down to $112,000. The cryptocurrency has declined approximately 3% over the last 24-hour period, brushing against a key technical support… Read More »Bitcoin Tests Critical $114,000 Support Amid Volatility, Risk of Decline to $112,000
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
The cryptocurrency market is currently demonstrating characteristics consistent with historical ‘Altcoin season’ cycles. Analysts note this pattern typically commences with increased attention towards Bitcoin, often followed by significant capital rotation into alternative cryptocurrencies (altcoins). This cycle was recently observed as… Read More »Market Dynamics Analysis Points to Shifting Investor Interest in Altcoin Season
Solana (SOL) has registered a 3.06% price decline, driven primarily by weak trading volume and a failed breakout below a key technical support level. The cryptocurrency failed to sustain a drop below the crucial $179.87 support level, resulting in a… Read More »Solana Faces Price Dip Amid Weak Volume and False Breakout, Eyes Consolidation
Bitcoin has surged past the $119,000 threshold, propelled by accelerating institutional adoption, supportive macroeconomic conditions, and the approval of spot Bitcoin Exchange-Traded Funds (ETFs). This milestone reinforces Bitcoin’s standing as ‘digital gold’ amid global economic uncertainties. Historical price cycles reveal… Read More »Bitcoin Breaches $119,000 Barrier Fueled by Institutional Demand and Macroeconomic Tailwinds
Digital asset manager Asymmetric Financial has pivoted from liquid trading strategies to focus on illiquid investments following significant losses in its crypto portfolio. The firm’s Liquid Alpha Fund faced a $10 million loss and inconsistent returns, prompting its strategic realignment… Read More »Asymmetric Financial Shifts to Illiquid Investments After $10M Trading Loss
A wave of liquidations swept across the cryptocurrency market, significantly impacting XRP investors. Trades betting on XRP’s price rise saw disproportionate losses as prices corrected, with approximately $37.85 million worth of long positions being forcibly closed compared to just $360,000… Read More »XRP Suffers Massive Long Liquidations, Highlighting Leveraged Trading Risks
Bitcoin (BTC) probed liquidity pools near $117,500 in volatile market action, executing a liquidity sweep strategy that triggered substantial market moves. The session resulted in $517 million worth of positions liquidated within 24 hours across cryptocurrency derivatives markets, reflecting intense… Read More »Bitcoin Targets $117.5K Liquidity Amid Record Altcoin Open Interest, $517M Liquidated
A potential decline in Ethereum’s price below the $3,600 threshold could catalyze massive liquidations of long positions across major centralized cryptocurrency exchanges (CEX), posing significant market risks. Analytics indicate such a downturn may force the liquidation of approximately $1.79 billion… Read More »Ethereum Price Drop Below $3,600 May Trigger $1.79 Billion in Long Liquidations on CEXs
Solana’s native token SOL surged to nearly $200, marking a five-month peak and a 50% rally over the past month. This upward coincided with a $ coincided with a $1.5 billion increase in open interest within just three days, signaling… Read More »Solana’s SOL Hits Five-Month High Amid Surging Open Interest as Layer 1 Momentum Builds
Major cryptocurrency entity AguilaTrades has incurred significant losses following the partial liquidation of its leveraged Ethereum long positions. The liquidation event occurred during recent price fluctuations within the Ethereum (ETH) market. Estimates place the total realized loss suffered by AguilaTrades… Read More »Crypto Whale AguilaTrades Absorbs $26 Million Loss on Ethereum Position Liquidation
Three major cryptocurrency projects—Avail, Venom, and AltLayer—are set to unlock tokens valued at more than $40 million combined this month, introducing substantial new supply that could impact market activity across the crypto sector. Avail leads the unlocks with 972.85 million… Read More »Avail, Venom, and AltLayer Token Unlocks to Release Over $40 Million in July, Potentially Shifting Market Dynamics
A Bitunix analyst has cautioned that the UK government’s upcoming liquidation of Bitcoin holdings could trigger significant market turmoil, potentially prompting a sector-wide sell-off. The planned asset disposal risks amplifying selling pressure at a sensitive juncture for Bitcoin pricing. Technical… Read More »Bitunix Analyst Warns UK Bitcoin Liquidation Plan Risks Crypto Market Sell-Off
Ethereum (ETH) struggles to maintain upward momentum, encountering significant price resistance despite recently enacted legislation designed to bolster cryptocurrency regulation. The digital asset currently demonstrates heightened volatility, trading between $3,570-$3,690 after rallying from $3,000. Global trade tensions intensified as US… Read More »ETH Faces Price Resistance Amid Trade Tensions Despite Crypto Regulatory Boost
Bitcoin’s price retreated below the critical $117,000 level, driven by a confluence of macroeconomic headwinds, persistent regulatory ambiguity, and profit-taking activities by large holders, commonly referred to as ‘whales’. The breakdown failed to maintain crucial support at $117,000, leading to… Read More »Bitcoin Slumps Below $117,000 Amid Macro Pressures and Regulatory Uncertainty
XRP has surged to a seven-year peak, breaking its 2018 record to reach $3.66 as cryptocurrency markets show broad strength amid evolving macroeconomic conditions. Technical indicators reveal an overbought signal with the Relative Strength Index (RSI) at 70, suggesting potential… Read More »XRP Hits Seven-Year High Amid Mixed Crypto Market Performance