Traders just added 10,000 Bitcoin worth of open interest to BTCUSDT, here’s what could happen
Open interest for Bitcoin just surged by 10,000 BTC, signifying an 8% surge that could shake up the price of BTC even more than it already has. According to data from CoinGlass, Binance total BTC (BTC) futures for open interest…...
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MDT up over 170% in the last 24 hours, will the rally continue?
MDT (MDT), the native token of the decentralized data exchange platform Measurable Data, jumped nearly 170% on July 25. Could the token be gearing up for further gains? According to CoinGecko data, MDT rose to a six-month high of $0.043,…...
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Volatile XRP and DOGE Whale Accumulation Steal the Show: Bits Recap July 25th
TL;DR XRP briefly plunged below $3 before recovering above the psychological mark, with analysts viewing the dip as a temporary pause in its broader uptrend. Whales scooped up 310 million DOGE, with analysts eyeing a rally toward $0.46 and even $5. A substantial spike in burn rate and oversold...
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Maple Finance’s SYRUP Bucks Bearish Crypto Slump With 23% Upside Move
Decentralized finance (DeFi) protocol Maple Finance (SYRUP) has swept away any bearish crypto sentiment, rising by 23% in the past 24 hours after it was listed on Upbit, South Korea’s largest exchange. Daily volume increased from $230 million to $862 million after the listing as traders poured in to...
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APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations
Aptos’ APT exhibited exceptional price volatility throughout the 24-hour trading period, establishing a comprehensive trading range of 5.4%, spanning from an absolute low of $4.53 to a session high of $4.79, according to CoinDesk Research’s technical analysis model. The model showed that the period was highlighted by an explosive...
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EU BTC treasuries pile up as Refine Group raises $475k to buy Bitcoin
A growing number of European firms are joining the Bitcoin treasury wave, and this time, it’s the Sweden-based digital commerce firm Refine Group stepping in. Per a July 25 press release, Refine Group has raised SEK 5 million, roughly $475,000,…...
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Bitcoin-focused The Smarter Web Company inches closer to 2,000 BTC with latest purchase
UK-listed The Smarter Web Company just bought 225 BTC boosting its holdings and bringing it closer to the 2,000 BTC threshold. How much Bitcoin does the company hold now? On July 25, The Smarter Web Company has announced another BTC…...
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Kraken to integrate INK token and L2 to power onchain expansion
Kraken is integrating the INK token and Ink Layer 2 network into its core platform to enhance trading, liquidity, and DeFi utility across its global product suite. Kraken has announced plans to integrate the INK token and the Ink Layer…...
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Hash Ribbons Signal Ends – Here’s What It Could Mean for Bitcoin’s Next Move
The Hash Ribbons signal, which began flashing on June 25, has now completed. This points to a potential shift in Bitcoin’s mining and price cycle as the leading crypto asset saw a steep decline of 3% over the past day. Hash Ribbons End After Miner Stress According to the...
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IMF Confirms El Salvador Is Not Buying More Bitcoin—Just Shuffling Wallets
The International Monetary Fund has drawn a sharp line under the latest bout of speculation over El Salvador’s Bitcoin strategy, telling reporters that the Central American nation has not added to its sovereign stash. Apparent increases in the Strategic Bitcoin Reserve Fund (SBRF), the IMF said, merely reflect “movements...
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