BTC, XRP, SOL, ETH Witness ‘Long Squeeze’ as Futures Open Interest Slides With Prices
Thursday’s price pullback in major cryptocurrencies is probably the result of a long squeeze, or unwinding of leveraged bullish plays, rather than an outright bearish stance. The CoinDesk 20 Index (CD20) of the largest, most liquid tokens has lost 6.8% in the past 24 hours, with bitcoin (BTC), the...
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Binance Pulls Ahead In Altcoin Boom, Takes Lion’s Share Of Volume
On-chain data shows the altcoin volume saw an explosion following Bitcoin’s recent high and Binance accounted for the largest part of it. Binance Altcoin Spot Trading Volume Saw A Significant Jump Recently In a dashboard release, on-chain analytics firm CryptoQuant has talked about how spot trading volume in the...
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You ONLY Need THIS MUCH BITCOIN To NEVER Have To Work Again PREPARE TO RETIRE EARLY
It looks like we have a brand new American dream… and once again, Bitcoin is at the center of it. It looks like Bitcoin might be doing more than just being digital gold in the very very near future. If you hold ANY amount of Bitcoin, odds are, you’re...
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Altcoin breakout? ETH outpaces BTC in volume, demand, and ETF flows
Altseason calls are gaining ground, and the numbers are starting to back them. New market data shows Ethereum is taking the market lead, flipping Bitcoin across several key metrics and pulling altcoins with it. According to a July 23 CryptoQuant…...
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Bitcoin and Ethereum Whales Hold on Binance While OKX Traders Rush to Exit Profits
Bitcoin (BTC) and Ethereum (ETH) holders on Binance are showing signs of strong holding behavior. This, however, contrasts with the profit-taking patterns seen on OKX. Behavioral Divergence Between Binance and OKX Users According to new data shared by CryptoQuant, as Bitcoin traded near $120,000 this week, OKX’s realized price...
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Solana block size could nearly double as dev proposes increase to 100M CU
Solana may soon double its block capacity from 60 million to 100 million compute units, aiming to boost transaction throughput and ease network congestion. The Solana (SOL) network could soon see a dramatic leap in block capacity, with a new…...
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Is that really Ripple? Deepfake scams target XRP holders on YouTube
Ripple, and its CEO Brad Garlinghouse, has issued an urgent warning, alerting the community about an uptick in deepfake scams impersonating the blockchain firm on YouTube. Ripple has witnessed a rise in fraudulent livestreams, often using altered footage of company…...
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Over $100B Gone From Crypto Markets as Altcoins Get Obliterated: Market Watch
Bitcoin’s inability to overcome the $120,000 resistance resulted in another nosedive over the past 12 hours or so, as the asset fell toward $116,000. While that might be somewhat worrisome, the altcoins have charted even more substantial losses, with multiple double-digit losers such as XRP and DOGE from the...
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‘Stablecoins Craze’: Hong Kong Financial Regulator Warns Of Excessive Speculation Ahead of License Approvals
The Hong Kong Monetary Authority (HKMA) CEO advised against excessive speculation amid the growing interest in the stablecoins sector. The warning comes ahead of the enactment of key related legislation and the imminent issuance of licenses. HKMA Concerned Over Stablecoins Hype On Wednesday, Hong Kong Monetary Authority CEO Eddie...
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Why is Bitcoin down today? ETF outflows, profit-taking pressure, and rising geopolitical tensions in Southeast Asia
Bitcoin’s decline highlights market sensitivity to geopolitical tensions and investor behavior, underscoring the need for strategic risk management. The post Why is Bitcoin down today? ETF outflows, profit-taking pressure, and rising geopolitical tensions in Southeast Asia appeared first on Crypto Briefing....
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