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An exchange may have accidentally torched $8.5 million worth of Bitcoin — that’s one of the leading theories after an unidentified wallet sent 107 BTC to an address from which the funds can never be recovered. Conor Grogan, head of product business operations at Coinbase, said the burn was most likely caused by an exchange… Continue reading Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn
The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin’s price, with an expert urging market participants to remove their funds from BTC. US Strikes Iran As Expert Urges Investors To Dump Bitcoin… Continue reading US Strikes Iran In Fresh Attacks, Expert Says Get Your Money Out Of Bitcoin Now!
The Shiba Inu (SHIB) price has remained under strong pressure this year as weak demand and fading market momentum continue to weigh on the meme coin. Beyond the price decline, new data now show that Shiba Inu’s Open Interest (OI) has crashed by more than 30%, while its burn rate has also slowed significantly. The… Continue reading Shiba Inu OI Crashes Over 30%, SHIB Burns Grind To A Halt; Is This The End?
Bitcoin is struggling to reclaim higher levels as the price tests the $76,000 level and the market searches for the structural support needed to prevent the correction from extending further. The backdrop is challenging — but a CryptoQuant report has identified a specific event in the miner flow data that adds an important layer of… Continue reading Bitcoin Sends An Unusual Signal After Miner Inflows Top 20,000 BTC – Analyst Explains The Setup
A countertrend rally that pushed Bitcoin to $82,800 has done little to change one analyst’s bearish outlook — because he says the bounce itself is proof the pattern is repeating. What The Charts Are Showing Benjamin Cowen, founder and CEO of Into The Cryptoverse, points to a recurring rejection at the 200-day simple moving average… Continue reading Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO
ARK Invest CEO Cathie Wood has defended her bull case for Bitcoin reaching $1.25 million within five years, arguing that institutional allocation, digital-gold substitution and Bitcoin’s hard-coded scarcity remain the central pillars of the forecast. Speaking on Fox Business In Depth: The Crypto Campaign on May 26, Wood ARK’s $1.25 million projection represents the firm’s… Continue reading Cathie Wood Doubles Down On $1.25 Million Bitcoin Target
XRP could fall another 59% to 62% against Bitcoin before finding solid ground, according to technical analysis shared by chart analyst Chart Nerd. That target sits in the 0.0000071 to 0.0000065 range on the XRP/BTC pair, a level that has historically drawn buyers back into the market. A Pattern Of Lower Highs The XRP/BTC pair… Continue reading Bitcoin Has Outpaced XRP Since 2017, According To Analyst
Three Samsung affiliates — Samsung Securities, Samsung SDS, and Samsung Card — announced on May 28 the combined acquisition of a 4% stake in Dunamu, the operator of South Korea’s dominant crypto exchange Upbit, for approximately 612.8 billion won or $408 million — the latest in a growing wave of South Korean financial institutions racing… Continue reading Samsung Just Bet $408 Million On South Korea’s Top Crypto Exchange — And It’s Not Alone
Short Bitcoin products attracted $10 million in fresh money last week — a sign that some traders were actively betting against the world’s largest cryptocurrency as broader selling took hold across global crypto funds. Selling Spreads Across Borders The United States led the retreat, with $1.43 billion pulled from crypto exchange-traded products, including $1.26 billion… Continue reading Crypto Market Sees $1.46B Fund Exodus As Traders Turn Cautious
Hyperliquid (HYPE) recently broke into the top 10 cryptocurrencies by market capitalization, sitting alongside top players like Bitcoin (BTC) and Ethereum (ETH), after its price surged past $50 and set a new all-time high. Now, on-chain analytics platforms are showing what HYPE’s ultimate price could become if it surpasses Ethereum’s market cap. Hyperliquid’s ATH Price… Continue reading Hyperliquid Enters Top 10 Crypto With New ATH, But How High Will It Be If It Overtakes Ethereum?