Price

How $330M BTC Hacker May Have Doubled Down on Monero Derivatives

There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the …

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Shiny New ZORA Token Loses Its Spark as Traders Remain Wary of VC-Backed Tokens

Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed …

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Bitcoin Traders Eye Long Term BTC Accumulation by Selling Put Options

Would you offer insurance when expecting low odds of a claim being made? Most likely, you would, while pocketing the premium without a second thought. Bitcoin (BTC) traders are doing something similar in the Deribit-listed BTC options market, hinting …

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Strategy Stock Saw $180M in Failed Trades in March, Possible Short Squeeze Indicator

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Traders shorting Strategy (MSTR), the bitcoin buyer whose share price gained 13% in March, may be struggling to find enough stock to repay the lenders who underpinned their …

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Bitcoin Futures Open Interest Surge Shows Investor Confidence on Trade Deals, Powell

As bitcoin (BTC) and ether’s (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in open interest, pointing to growing investor confidence as the Trump administration dialed back on its …

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AVAX Surges 10.7% as Bullish Breakout Signals Strong Momentum

Avalanche’s AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets. The broader market gauge, CoinDesk 20 Index(DLCS), has demonstrated …

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Bitcoin Pops Above $88K Amid Yen Strength; ETH, ADA, XRP See Declines

Bitcoin (BTC) held steady above $88,000 early Tuesday as the Japanese yen crossed the psychological level of 140 against the U.S. dollar, as tariff concerns and risks of a Federal Reserve chairman shuffle in the states broadened the appeal of safe …

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Strategy’s Bitcoin Buying Spree Has Minimal Impact on Prices, TD Cowen Says

Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy’s large-scale purchases of the cryptocurrency appear to have little, if any, influence on its price, according to a research paper by TD Cowen. The findings …

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BNB, SOL, XRP Spike Higher as Bitcoin ‘Digital Gold’ Narrative Makes a Comeback

Surging gold prices and bitcoin’s (BTC) relatively strong price action amid a küresel market sell-off have some traders revisiting the latter’s role as “digital gold” — a big narrative in bitcoin’s early years but one that has lost steam in recent …

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XRP Resembles a Compressed Spring Poised for a Significant Price Move as Key Volatility Indicator Mirrors 2024 Patterns

The price action for XRP and bitcoin (BTC) resembles a tightly compressed spring on the verge of uncoiling with a sudden release of energy. That’s the message from a key volatility indicator called Bollinger Bandwidth. Bollinger Bands are volatility …

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