Key Takeaways A prominent BTC whale has switched from holding a $91 million short position to a 3x long position. This major shift could signal increasing bullish sentiment among large Bitcoin holders. A crypto whale who previously opened a short position of 1,000 BTC valued at around $91 million has closed the bet at a
U.S. economist Paul Krugman says bitcoin’s recent decline reflects U.S. President Donald Trump’s diminishing political influence. Bitcoin’s Tie to Pro-Crypto Politics U.S. economist and Nobel laureate Paul Krugman has intensified his criticism of bitcoin ( BTC), claiming that the cryptocurrency’s recent price action, including its tumble to $80,500 on Nov 21, has turned it into
Bitcoin (BTC), which failed to experience the expected rise in October and November, known as the historically bullish months, experienced its worst months in many years. According to Coinglass data, the average change in Bitcoin prices for November today was -16.75%. Looking at average monthly change rates alone, this rate is at its lowest level
In today’s landscape, Bitcoin crypto news is dominated by a market that looks tired after an extended euphoric run. The spot pair against Tether now trades near 91,200, and the chart suggests a market that is trying to stabilize after a sharp slide rather than launching straight into a new trend. However, under the surface
The European Central Bank made a clear announcement on Bitcoin reserves, and the decision created loud discussions across global crypto circles. The bank said it will not include Bitcoin in its reserves, and this move surprised traders who expected a softer tone after the recent crypto adoption surge. The reaction from the market showed strong
There are only a few days left until November ends in Bitcoin, and November is preparing to close in the red, just like October. At this point, while this November has been the worst since 2019, there is still hope for an upturn. Accordingly, analysts pointed to $93,000, predicting that a monthly close above $93,000
Ghana is set to overhaul its gold sector with a blockchain-powered track and trace system by the end of 2026, ensuring full traceability and certified origin of all gold exports. Aggressive Reforms and Extended Timeline Ghana is preparing for an overhaul of its gold sector with the introduction of a blockchain-powered track and trace system
A major Bitcoin whale has stunned the market with a bold $84.19 million leveraged long position on Hyperliquid. The trade uses 3x cross leverage and came just hours after the same wallet reportedly locked in over $10 million in realized profit. JUST IN: Whale with +$10 million PNL opens 3x $BTC long position worth $84.19
BlackRock’s Strategic Income Opportunities Portfolio, one of the firm’s own in house mutual funds, has increased its exposure to bitcoin through additional purchases of the iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF), according to the latest SEC filing. A new filing shows the portfolio held 2,397,423 IBIT shares worth $155.8 million as of Sept. 30,