An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US.
An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US.
The cryptocurrency with the second-largest market cap was on its way to meeting requirements under Texas’ crypto reserve law until a price drop on Friday.
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Bitcoin’s drop to $118,000 is a possibility, but traders might see futures’ open interest drop by $4.1 billion as a potential dip-buying opportunity.
Circular AI investments among Nvidia, OpenAI and AMD have shown similarities to the dot-com bubble, which could spill over to harm the crypto market.
Bitcoin struggled to regain momentum as traders stayed cautious, gold hit record highs, and US-China trade tensions fueled a broader market sell-off.
Bitcoin has fallen below $116,000, but select analysts remain unfazed as they anticipate solid buying to emerge at lower levels.
Solana price maintains near the $220 level amid market volatility, buoyed by ETF hopes. Daily network transactions drop 50% from July’s 125 million peak. The total value locked hovers above $32 billion despite reduced on-chain activity. Solana’s price hovers around $220 even as on-chain data reveals a significant contraction in network activity. While a 50% dip in transactions is a factor to pay attention to, anticipation surrounding potential spot exchange-traded funds approvals and growing corporate interest provide bullish fuel for […]