TL;DR Bitcoin drops 6% as over 130,000 traders face $550M in liquidations amid short squeeze pressure. Short-term holder behavior is steady at 47% share with no net flow in the last 30 days. All eyes on Trump-Zelenskyy meeting, Fed minutes, and Powell’s Jackson Hole speech as BTC struggles below ATH. Bitcoin Pulls Back After Tapping
Bitcoin has lost 2.6% in the past day, after a rally to new all-time highs last week on the expectations of a U.S. federal interest rate cut. At the time of writing, Bitcoin is changing hands at $115,192 after having jumped as high as $122,882 only days ago. Analysts said derivatives data shows a wave
Crypto finance company Matrixport highlighted Bitcoin’s recent pullback in its analysis published today. Matrixport: Bitcoin Could Retest $112,000 Support The report stated that Bitcoin, contrary to expectations, failed to maintain its downtrend line, but the current decline is expected to be limited. According to the analysis, with a cautious tone prevailing in the markets, the
While the current Bitcoin (BTC) and cryptocurrency cycle is driven by institutional investors, unlike other cycles, a new survey has yielded surprising results. A recent survey by Bank of America (BofA), one of the largest banks in the US, revealed that 97% of institutional investors are staying away from cryptocurrencies. According to data shared by
Bitcoin BTC$115,226.18 has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as traders booked in over $3.5 billion of realized profits across the weekend, according to Glassnode data. Saturday alone saw $3.3 billion in profit taking, the largest single-day figure since mid-July and one of the highest in
Can Thailand’s $60 billion tourism industry become the proving ground for crypto payments, turning digital assets from speculative tools into something travelers actually use? Summary Thailand introduced TouristDigiPay on Aug. 18, 2025, allowing foreign visitors to convert crypto into baht and spend through the national QR PromptPay system. Tourism contributed nearly 20% of GDP pre-pandemic.
A significant announcement from South Korea’s crypto giant, Dunamu, the operator of the popular Upbit exchange, has sent ripples through the digital asset world. The company recently revealed its substantial Dunamu crypto assets, totaling an impressive $1.87 billion at the close of the first half of the year. This disclosure provides a rare glimpse into
The energy that can be felt today in the blockchain and crypto world is palpable, especially when it comes to artificial intelligence (AI). More and more companies in the sector are taking decisive steps towards the integration of these two technologies, no longer as simple experiments, but as central strategies for the future. The meeting
Market commentator Jacob King warns that a major crash could be “catastrophic” for Bitcoin and crypto investors, citing excessive leverage and market vulnerability. King, CEO of WhaleWire, took to X to point out how Bitcoin’s latest drop has impacted the broader crypto market. In his tweet, he noted that a mere 1% drop in Bitcoin’s
Justin Bons, founder of Cyber Capital, a cryptocurrency investment firm, has warned that the chances of Bitcoin (BTC) collapsing in the coming years remain high. Bons pointed to diminishing block rewards, which are set to fall to 0.39 Bitcoin by 2036 under the current halving schedule. At today’s prices, this would translate to an annual