Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000. However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant. BTCUSD. Source: TradingView Recall […]
Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday Read More »
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases,
On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000. Broadcasting live data from the exchange it was opened on – Hyperliquid, CoinGlass’s live feed shows that the liquidation price is set at $95,576. A WHALE JUST OPENED $276
Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position Read More »
The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1 Earnings Report, its Bitcoin strategy contributed 88% to its revenue of 877 million Japanese yen ($6 million). Metaplanet’s consistent BTC accumulation has also earned it
Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x Read More »
A masked gang tried to abduct the daughter and young grandson of a crypto company executive in Paris, but the attackers fled empty-handed after a violent struggle. This incident is part of a trend of violent cases targeting individuals connected to the crypto industry in France. Crypto Exec’s Family Targeted in Attack According to a
Paris Family Fights Off Masked Gang in Crypto-Linked Kidnapping Attempt Read More »
Ethereum’s price metrics are flashing signals that suggest that the long-awaited altcoin season (altseason) may be around the corner. According to a report by the market analytics platform CryptoQuant, the relative price of ether (ETH) compared to bitcoin (BTC) may have seen the bottom for this cycle. Previously, such low levels have been followed by
ETH Dips Into Undervaluation Zone, Is Altseason Around the Corner? Read More »
Bitcoin (BTC) is holding steady at around $103,000, but the calm could be the eye of the storm. With volatility compressing and the CME gap still looming like a ghost at $91,970, crypto analysts are torn on whether BTC is headed for glory at $175,000 or prepping for a brutal fakeout. The Bull Case: $175K
Bitcoin to $175K? Analyst Says Moon Mission Is ‘Solid as a Rock!’ Read More »
The FTX Recovery Trust has announced it will begin disbursing more than $5 billion to creditors from May 30. This payment round marks the second distribution to eligible parties as the firm continues its efforts to reimburse those affected by its collapse. Repayment Efforts In a May 15 release, the company’s bankruptcy estate categorized creditors
FTX Creditors to Receive Over $5B Starting May 30 Read More »
The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF). SWIB was one of the early buyers of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow. It is unclear why the
While the crypto market recovered last week, the Tron ecosystem quietly recorded a significant milestone for the year. As reported by Burakkesmeci, an analyst for the market intelligence platform CryptoQuant, all cohorts of investors holding TRX, the native asset of the Tron network, have seen their positions turn green. TRX Holders Enter Profit Zone Burakkesmeci
All TRX Holders Turn Profitable as Tron Hits Major 2025 Milestone Read More »
