Crypto markets experienced a brutal liquidation cascade with over $360 million in positioned longs wiped out as Bitcoin dropped below $116,000 and Ethereum fell under $4,300. The massive deleveraging event occurred just days after Bitcoin reached a new all-time high of $124,457, triggering automatic liquidations across major exchanges. BREAKING: Over $100m in long positions were…
Jeju City tax officials have moved to freeze and seize cryptocurrencies tied to people they believe owe unpaid taxes, part of a wider probe that checked nearly 3,000 residents. According to local reports, authorities looked into 2,962 people who together owed close to 20 billion won (about $14 million), and found 50 of them held…
Crypto analyst Josh Olszewicz expects Bitcoin to endure a grinding, probabilistic market over the next six weeks before conditions improve into the fourth quarter, warning that September seasonality, softening momentum signals, and mixed ETF flow dynamics argue for patience rather than leverage. “The TL;DW is probably chopped and bearish near-term, bullish Q4,” he said in…
The coming days compress a series of macro and crypto-native catalysts into a tight window, setting up a volatile backdrop for digital assets. Macro Keeps Grip On Crypto Market On Wednesday, August 20, at 2:00 p.m. ET (20:00 CEST), the Federal Reserve releases the minutes of its July 29–30 meeting—effectively a fuller “transcript” of the…
After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible…
The crypto market showed a bearish signal today, with Bitcoin (BTC) dropping 2.08% to test the $115K mark and XRP slipping below $3. Ethereum (ETH) also dipped 3.5% to under $4,400. Most sectors followed the downward trend, but DeFi stood out with a 1.81% gain, led by Chainlink (LINK) surging 14.32% on news of a…
Metaplanet has added another 775 Bitcoin to its reserves, lifting its total holdings to 18,888 BTC. A Monday filing showed Metaplanet’s Bitcoin stash has climbed to about $2.18b, based on the prevailing exchange rate. This latest purchase extends a rapid run of acquisitions that have cemented the company’s place as Japan’s most prominent corporate Bitcoin…
Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support…
The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was short-lived, as the premier cryptocurrency crashed from the unprecedented high of $124,000 down to around $118,000. The Bitcoin price has struggled to reignite this bullish run over…
Thailand is moving ahead with a plan to let foreign tourists spend cryptocurrency during their visits. The new scheme, called TouristDigiPay, will launch on August 18 and allow visitors to convert crypto into Thai baht for electronic payments. The announcement comes as the country faces weaker tourism numbers this year, putting pressure on policymakers to…