The crypto market has started the week off in a sea of red after a massive Bitcoin sell-off from a single whale triggered cascading liquidations across the board. It’s a reminder that studying trends and cautiously reviewing charts can only take you so far in the volatile world of crypto assets. Every now and then,
Cryptocurrency analytics firm Alphractal has released a striking report highlighting the risks inherent in leveraged trading. According to the report, 94% of traders have liquidated in the last three months. The company said many investors are unaware of the critical areas where mass liquidations are taking place. The report stated that Bitcoin’s long and short
Prominent Silicon Valley investor Tim Draper has addressed his failed $250,000 Bitcoin price predictions during his Monday interview on CNBC. “So, I’ve been predicting $250,000 for Bitcoin for a long time. It turns out I haven’t been right yet,” Draper said, bursting out in laughter. Nevertheless, Draper claims that the fact that Bitcoin is already
The ongoing Bitcoin bull run may be over, as it flashes numerous bearish chart patterns on the weekly chart. Summary Bitcoin bull run could be ending as a risky pattern forms. It has formed a falling wedge pattern on the weekly chart. Demand for spot Bitcoin ETFs has waned in the past few days. Bitcoin
Corporate treasuries continue to quietly scoop up Bitcoin even as the market retraces recent gains. Institutions bagged more than 7,700 BTC last week, hinting that they still have an appetite while retailers back off. A bullish rally triggered after the US Fed chair Jerome Powell’s Jackson Hole address witnessed a major correction. Bitcoin, which went
The mixed price actions seen across the crypto market in the past few days have raised curiosities as to whether the 2025 bull market has been concluded. While hopes of Bitcoin achieving a new all-time high appear to be fading, recent data from Glassnode suggests that it is still possible in 2025. The data shows
The world of cryptocurrency constantly buzzes with significant moves, and recently, a notable announcement from LM Funding America has captured attention. This Nasdaq-listed crypto mining company just made a substantial addition to its Bitcoin holdings, signaling a clear strategic direction in the digital asset space. Investors and enthusiasts alike are now watching closely to understand
Michael Saylor’s Bitcoin strategy made headlines again after a software producer revealed that it bought 3,081 BTC for around $357 million at an average price of $115,829. The company now has 632,457 BTC, worth over $71 billion, with an average entry of $73,527. Based on the numbers, Strategy is still up more than 52% despite