A prominent cryptocurrency whale associated with BIT (formerly Matrixport) has initiated a highly leveraged long position on Bitcoin, adding 500.01 BTC worth approximately $36.4 million at current prices. The trade, executed with 20x leverage, was identified by blockchain analytics platform Lookonchain, which flagged the activity as originating from a new wallet address linked to the
Bitcoin is sitting near a key support test as analysts split between deeper accumulation zones and a possible bearish flag breakdown. A hold above $72,000 could keep $BTC inside the range, while a clean break lower could bring the $60,000, $45,000, and $35,000 zones back into focus. Bitcoin Chart Marks $60K, $45K and $35K Accumulation
While many traders expect the CLARITY Act to spark a major Bitcoin rally, Brian Dixon says the market may not react immediately. Speaking alongside Grant Cardone at the 10X Conference, Dixon said, “The day after, I don’t think it does much,” referring to Bitcoin’s short-term price action if the bill passes. Instead, Dixon argued that
Geordie AI Series A funding arrives as companies rush to deploy AI agents faster than many security teams can keep up. The London startup has raised $30 million in a round led by Balderton Capital, betting that the next big enterprise problem will not be building more agents, but understanding what those agents can access,
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A Columbia Business School professor has cast doubt on Ethereum’s suitability as a global financial backbone, arguing that the Stellar network (XLM) is better aligned with the needs of mainstream finance. The commentary from Austin Campbell, an adjunct professor, follows a major announcement by the U.S. Depository Trust & Clearing Corporation (DTCC) to tokenize its
Bitcoin price started a fresh decline below the $75,500 zone. $BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850
Share markets across Asia fell on Thursday after reports of fresh US military strikes on Iran and missile attacks linked to Kuwait unsettled investors and weakened optimism surrounding a possible peace agreement in the Middle East. Oil prices surged while Treasury yields climbed as investors reacted to escalating tensions and growing concerns over inflation ahead
Garrett Jin, the founder of the now-defunct cryptocurrency exchange BitForex, has significantly increased his leveraged Bitcoin long position, according to on-chain data from Onchain Lens. Jin’s position now stands at 1,268 BTC, valued at approximately $94 million, with 5x leverage. The development raises fresh questions about the financial activities of an individual linked to one
Gold prices dropped to a two-month low on Thursday as renewed US military action against Iran strengthened the dollar and pushed oil prices higher, raising concerns over inflation and the outlook for interest rates. Spot gold fell 1.1% to $4,406.81 per ounce as of 0236 GMT. The metal touched its lowest level since March 27