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Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

Bitcoin {BTC} galloped to a new record high above $110,000 on Thursday, liquidating around $500 million worth of derivatives positions in its wake, but some traders aren’t buying into the bullish sentiment. Trading volume jumped by 74% in the past 24 …

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Bitcoin Options Open Interest Hit Record $42.5B on Deribit as Traders Eye Next Bull Target for BTC

“Don’t be surprised if buying activity picks up across the spectrum of products tied to BTC,” CoinDesk said in Tuesday’s edition of the Crypto Daybook Americas, presenting a bullish case for bitcoin. As bitcoin’s (BTC) price jumped to new …

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Bitcoin Miners Sold Record Amount of BTC Ahead of May’s Price Surge

Bitcoin BTC$106,546.31 notched a new all-time high of $109,000 on Wednesday, but that’s small consolation for bitcoin miners, who last month were forced to cash in a record number of their BTC reserves, according to mining news outlet TheMinerMag …

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These Six Charts Explain Why Bitcoin’s Recent Move to Over $100K May Be More Durable Than January’s Run

Bitcoin BTC$106,190.32 is trading above $100,000 again, and investors, prone to recency bias, may be quick to assume that this event will play out like it did in December-January, when the bull momentum faded, with prices quickly falling back into …

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Bitcoin Futures Open Interest Zoomas BTC Inches Towards All-Time High; DOGE, ADA, XRP Add 4%

Bitcoin (BTC) is inches away from its all-time high, hovering over $107,000, with analysts eyeing a move higher in the coming days. Futures open interest across major exchanges hit $75 billion, an all-time high on Tuesday in U.S. dollar terms …

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Solana (SOL) Surges 6% on Bullish Reversal and DeFi Activity Toward $180

The cryptocurrency market continues to respond to broader economic factors as Solana demonstrates resilience amid küresel trade uncertainties. SOL’s price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance …

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SHIB Jumps Nearly 7% as Bulls Break Through Resistance on Heavy Buying

The Shiba Inu token has demonstrated remarkable resilience despite broader market volatility, successfully breaking through key resistance levels while maintaining position above all major moving averages, according to CoinDesk Research’s technical …

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Telegram-Associated Toncoin (TON) Plunges 8% as Critical $3.00 Support Crumbles

Küresel economic tensions and shifting trade policies continue to create volatility across cryptocurrency markets, with TON experiencing significant downward pressure. The token’s recent price action has formed a descending channel with consecutive …

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U.S. 30-Year Treasury Yield Breaches 5% Amid Moody’s Rating Downgrade, Fiscal Concerns

The yield on the U.S. 30-year treasury bills crossed the 5% threshold for the first time since April, reaching an intraday high of 5.011%. This move comes in the wake of Moody’s downgrading U.S. credit, stripping the country of Aaa rating due to …

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XRP Price Surges After V-Shaped Recovery, Targets $3.40

Küresel economic tensions and regulatory developments continue to influence XRP’s price action, with the digital asset showing remarkable resilience despite recent volatility. After experiencing a significant taban to $2.307 on high volume, XRP has …

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