Vaibhavv Ali
The crypto market is facing significant renewed selling pressure, resulting in $655 million in total liquidations over the last 24 hours. This downturn is attributed to escalating trade tensions between the US and China, which pushed Bitcoin below $113,000 and put pressure on altcoins. Leading the losses among top decliners are Hyperliquid (HYPE), SPX6900 (SPX), … Read more
Bitcoin is at a crossroads, according to a recent analysis of market moves and trader sentiment. While the cryptocurrency experienced a sharp drop from around $121,000 to $102,000 following news of new US tariffs on Chinese goods—a crash that led to over $19 billion in liquidations—it has since rebounded to approximately $112,400. Veteran trader Peter … Read more
A new legislative effort has been launched in the U.S. House of Representatives to make President Donald Trump’s recent Executive Order 14330 a permanent law. The order, issued on August 7, mandates that all Americans saving for retirement should be eligible for 401(k) funds that include alternative assets, such as cryptocurrencies, when deemed appropriate by … Read more
Solana’s (SOL) price recently demonstrated a “show of strength,” quickly recovering after a brief dip, suggesting that large investors (“whales”) are quietly accumulating the asset. Key Signs of Whale Accumulation and Technical Strength: Buying the Dip: After briefly falling toward the $180 support level (following recent tariff news), SOL quickly bounced back to around $197. … Read more
Coinbase announced a fresh strategic investment in the crypto exchange CoinDCX to expand its presence across the high-growth markets of India and the Middle East. This latest investment follows Coinbase’s previous participation in multiple CoinDCX funding rounds via its venture arm, Coinbase Ventures, starting in 2020. While the specific financial terms were not disclosed, CoinDCX … Read more
Elon Musk, the CEO of Tesla, has once again weighed in on the crypto debate on X (formerly Twitter), explicitly endorsing both Bitcoin (BTC) and Dogecoin (DOGE) by framing their value proposition in terms of energy. Responding to a thread about AI and monetary debasement, Musk argued that Bitcoin is valuable because it’s “based on … Read more
Despite recent market volatility, the third quarter of this year saw a record surge in Bitcoin adoption by public companies, signaling a major strategic shift toward digital assets as a treasury reserve. According to data from Bitwise and Bitcoin Treasuries: The number of public companies holding Bitcoin jumped to 172, a nearly 40% increase in … Read more
Japan’s financial regulators are moving to explicitly ban cryptocurrency insider trading, aiming to close a loophole in existing laws. The Financial Services Agency (FSA) is preparing amendments to the law that would make trading based on non-public information a prohibited act in the crypto market. The change would allow for financial penalties proportional to illegal … Read more
Elon Musk has reasserted his belief that energy, not fiat currency, is the ultimate store of value, linking Bitcoin’s energy foundation to the accelerating global race for dominance in Artificial Intelligence (AI). Responding to a post by ZeroHedge on X (formerly Twitter), Musk agreed that the massive capital expenditure (capex) required for AI—which governments in … Read more
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant downturn, recording their largest combined daily outflow since September 26, totaling $326.4 million, according to Farside data. BlackRock’s IBIT Maintains Inflows Despite the broad market exit, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets, continued its streak of inflows. Consecutive Streak: IBIT … Read more