Just after 8 a.m., bitcoin traded between $111,760 and $112,091 in the last hour as volatility remained contained despite bearish signals across multiple timeframes. The asset’s market capitalization stood at $2.23 trillion with a 24-hour trading volume of $68.04 billion and an intraday price range of $109,862 to $112,576. Bitcoin The broader technical landscape for
Wintermute CEO Evgeny Gaevoy denies collapse rumors after the Oct. 10 crypto crash wiped out $19B in leveraged positions. CEO Refutes Wiped out Rumors Evgeny Gaevoy, the co-founder and CEO of Wintermute, has publicly refuted rumors that began circulating early Saturday claiming the Oct. 10 market crash had “collapsed” the major market maker. In a
Bitcoin is retesting the “golden cross,” a bullish technical pattern that has historically preceded rallies, according to crypto market analyst Mister Crypto. In a Sunday post on X, the analyst shared a chart noting that Bitcoin’s (BTC) previous golden crosses led to gains of 2,200% in 2017 and 1,190% in 2020. With BTC currently hovering
Decentralized finance players and major crypto institutions are moving swiftly to restore stability and confidence after one of the sharpest sell-offs in the digital asset market this year, with stablecoin issuers Tether and Circle minting billions in new tokens and Ethereum’s largest treasury firm, Bitmine, scooping up large amounts of Ethereum. The October 10 crash,
ARK Invest, led by Cathie Wood, argued in its latest “Bitcoin Quarterly Report” that Bitcoin’s (BTC) fundamentals remain strong. According to the report, network activity, profitability ratios, and supply distribution reveal that the market has a deep demand base and no selling pressure is seen by long-term investors. Data shows that Bitcoin’s on-chain positions remain
Renowned author and investment analyst Robert Kiyosaki issued a striking warning about financial markets. Kiyosaki, author of the book “Rich Dad Poor Dad,” claimed in a social media post that the world’s biggest economic collapse will occur this year. Kiyosaki recalled that he predicted this collapse years ago in his book “Rich Dad’s Prophecy,” stating
TRON, a renowned blockchain ecosystem, has partnered with SunPrep, a TRON-based decentralized perpetual exchange, and HTX, a leading crypto exchange. The partnership aims to deliver support to robust blockchain projects via strategic investments, liquidity enhancement, and token buyouts. On his official social media account, Justin Sun, the founder of TRON, disclosed the development, stressing the
Bitcoin appears to be quietly gathering strength beneath the surface. After a healthy pullback that shook out weak hands, the market is showing signs of renewed momentum. Key technical signals suggest this correction may have been a setup for the next major rally, potentially paving the way for a new all-time high. Healthy Correction Within
A noteworthy claim has come to the fore in the cryptocurrency market. A whale wallet trading on decentralized derivatives exchange Hyperliquid deposited approximately $160 million worth of USDC, opening $1.1 billion in leveraged short positions on Bitcoin (BTC) and Ethereum (ETH), according to reports. These trades reportedly occurred approximately 30 minutes before US President Donald
Cryptocurrency analyst Joao Wedson commented on whether the bull cycle in Bitcoin has ended following the recent market decline. Wedson stated that the 4-year Bitcoin cycle is still valid and that current price movements are largely in line with historical cycles. “Some investors are saying the 4-year BTC cycle is over due to global liquidity.