Memecoins often thrive on hype, yet they can lose relevance just as quickly when attention fades. Binance founder Changpeng Zhao’s (CZ) recent wallet activity initially fueled speculation across the memecoin market. He later clarified the transfers were routine, not valuation‑related. Rather than making a statement about token valuations, he simply cleared thousands of unsolicited donations […]
Public companies’ Bitcoin treasury reserves become something very different once pledged to lenders. They become collateral, measured against loan ratios that can force a company to post more Bitcoin, repay debt, or risk lender sale rights within hours. That risk is no longer theoretical. Fold received a formal collateral-maintenance notice in February and posted 50 […]
Inside the Intraday Rally In a remarkable turnaround, bitcoin reversed its Monday losses and came close to breaching the $65,000 mark even as turmoil in the Middle East continued. However, as shown by the daily chart, it was not until after 8 a.m. that the cryptocurrency began a sharp ascent, ultimately tapping a multiweek high. […]
As the cryptocurrency market remained in choppy consolidation over the past few months through July 14, a crypto trader on Aster DEX (Decentralized Exchange) made more than 800% in profit in a month. The trader (0x89c3…A013) deposited $1 million into Aster DEX on June 18, opened a short position in Yooldo (ESPORT), and made over […]
Despite negative factors such as the US-Iran geopolitical conflict and Strategy’s sell-off, Bitcoin, which had maintained the $62,000 support level, experienced a surge after US inflation data came in below expectations and approached $64,000. However, this may not be a signal that the upward trend has reversed. At this point, Wintermute analysts stated that Bitcoin […]
Bitcoin (BTC) has flashed a new bearish signal after forming a one-hour death cross, a technical pattern that has historically preceded short-term declines. Based on previous occurrences over the past two months, analysis by TradingShot in a TradingView post on July 14 indicated that the latest signal could send Bitcoin toward $60,200, with a deeper […]
After falling below $58,000 in June, Bitcoin has been trading sideways between $62,000 and $64,000 for some time. While this has fueled predictions that Bitcoin has hit bottom, some analysts still believe further declines are possible. However, Coinbase argues that the declines in Bitcoin due to adverse events have been limited and that the market […]
As the XRP community celebrated 3 years since the court ruled the token is not a security, Marc Fagel, a veteran securities litigator, has argued that Ripple Labs may not be out of the woods yet. In a heated debate with David Schwartz, the former Chief Technology Officer at Ripple, Fagel argued that the case […]
Bitcoin is trading near $62,172, down roughly 3.1% after a day that swung between an intraday high of $64,273 and a low of $61,794. Now, three separate catalysts arrive within the next 24 hours: June CPI at 8:30 a.m. ET Tuesday, Fed Chair Kevin Warsh’s semiannual testimony before Congress at 10:00 a.m. ET, and the […]
The U.S. government has transferred nearly 4,000 Bitcoin (BTC) worth about $250 million to Coinbase Prime, fueling speculation that authorities could be preparing to sell a portion of their seized cryptocurrency holdings. The activity unfolded in two separate transactions on July 13. An initial transfer moved approximately $8.8 million worth of Bitcoin to Coinbase Prime. […]