Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin fell to 21month lows as stock market volatility accompanied threeyear highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.…
Quant fund says bitcoin is near a major inflection point as rare onchain signals align
Hyperion Decimus' Chris Sullivan said four historically reliable indicators have aligned, leaving bitcoin one move away from confirming a major turning point.…
Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback. Source:CoinDesk
Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
An early miner says Strategy's stock mNAV has fallen to 0.72, near the level that marked the last cycle's turn, and that bitcoin historically bottoms about six…
Circle and Nomura join forces to target a $440 billion daily foreign exchange market in Japan
The stablecoin giant and the Japanese financial corporation plan to deploy crossborder foreign exchange settlements as early as next year. Source:CoinDesk
Crypto relief rally fails to shake persistent bearish derivatives signal
A relief rally tied to recovering U.S. equities lifted BTC and ETH off weekly lows, but bearish derivatives positioning and negative CVD suggest the rebound…
Bitcoin supply in loss reaches record high 10.83 million BTC
Almost 11 million bitcoin are now held at a loss, while longterm holders control a record 14.8 million coins. Source:CoinDesk
Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Source:CoinDesk
The Wall Street equivalent of roster-cut day happens Friday. It’ll be one of the biggest volume days of the year.
FTSE Russell is undertaking its semiannual rebalancing — what the index provider calls its reconstitution — and the size of the undertaking could impact…
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.…
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that…
MemeCore's M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain…