Bitcoin Volatility Lull Won’t Last, Derive Warns of Impending Storm
Bitcoin (BTC) has settled into a period of low volatility, but this calm may be temporary. Derive, an on-chain crypto options platform, suggests that a storm of price swings could be on the horizon as volatility indicators reach near-monthly lows. BTC Consolidation Signals Imminent Volatility Since March 12, BTC has
Trump-Backed Crypto Venture WLFI Raises $590M Amid Controversy
A cryptocurrency project backed by former U.S. President Donald Trump, World Liberty Financial (WLFI), has taken the market by storm with a staggering $590 million token sale. Despite its massive raise, the project remains shrouded in secrecy, sparking speculation about its DeFi ambitions and political influence. High-Profile Backing Fuels WLFI’s
OKX has been compelled to cease offering DEX services until EU regulators investigate the Bybit breach.
OKX is temporarily suspending its decentralized exchange (DEX) aggregator services in the European Union, citing regulatory concerns. The suspension comes amid reports that EU regulators are investigating its Web3 services after hackers used them to launder stolen funds from the $1.5 billion Bybit hack. While OKX has denied being under investigation,
Binance Moves 134 Million in a Big USDC Transfer
Over 134 million USDC was transferred from Binance to an unidentified wallet at 16:17, according to Whale Alert. The transaction raises questions about liquidity and potential trading actions, echoing previous large-scale stablecoin movements. Traders observe impactful shifts in cryptocurrency dynamics. 134.6 Million USDC Moves to Unknown Wallet Recent large-scale transfer moved 134,607,656 USDC from Binance to
Bitcoin Eyes $95K: Will Short Squeeze Fuel the Rally?
Bitcoin (BTC) saw a 3% recovery after a series of drawdowns since January, reclaiming the $80,000 mark. The rebound came after the US core Consumer Price Index (CPI) for March 12 was reported at 3.1%, lower than expected. This positive macroeconomic indicator has fueled speculation of a bullish turnaround, with
Bitcoin Rebounds to $82,700 Ahead of Key US Inflation Data
Bitcoin (BTC) is back on an upward trajectory, reclaiming $82,700 after a sharp decline over the weekend. The leading cryptocurrency plunged 9.14% on Sunday, breaking below its 200-day Exponential Moving Average (EMA) at $85,664 before finding support at $78,258. A strong rebound on Tuesday saw BTC recover 5.52%, with traders
Bitcoin Price Dips Below $80K as Market Faces $1 Trillion Sell-Off
Bitcoin and the broader crypto market have been hit hard in recent weeks, shedding a staggering $1 trillion in value. The sharp downturn follows growing concerns about inflation, interest rates, and a potential U.S. recession, all of which have spooked investors. The bitcoin price has slipped below $80,000, dragging down
Crypto Investment Funds Bleed $4.75B as Market Sell-Off Worsens
The crypto investment market is facing a sharp downturn, with funds seeing outflows for four consecutive weeks. Last week alone, investors pulled out $876 million, pushing the total four-week outflow to a staggering $4.75 billion. Post-Election Gains Wiped Out The ongoing sell-off has erased gains made since November 2024, following
Crypto Equities Tumble as Bitcoin Falls Below $81K
Bitcoin’s price dipped as low as $80,226, triggering a broad sell-off across the crypto market. Major altcoins also faced significant losses, reflecting heightened investor anxiety. Crypto-Linked Stocks See Red The downturn extended to traditional markets, with crypto-adjacent stocks sliding in pre-market trading on Monday. MicroStrategy (MSTR) and Coinbase (COIN) both
Bitget Introduces 20x Leverage and Trading Bot Support for REDUSDT Futures Trading
Bitget, the leading cryptocurrency exchange and Web3 company, has introduced REDUSDT perpetual futures trading with a maximum leverage of 20x. This new offering is now available on both the Bitget website and mobile application, enhancing trading opportunities for users. The REDUSDT-M perpetual futures contract is settled in USDT and features
