Bitcoin is trading at 63899, marking a 2.06% decline over the past 24 hours. This downward movement suggests a brief phase of consolidation and short-term capital outflows as the market digests recent gains, highlighting temporary bearish resistance amid broader structural changes. The broader cryp
Arthur Hayes said in his latest article, "Situationship," that Ethena is currently struggling but could still rise 5 to 10 times. According to Odaily, he said Ethena lacks a buyback mechanism, but noted that it remains the sixth-largest circulating U.S. dollar stablecoin and dismissed that issue.Hay
A whale withdrew 9,000 ETH from a CEX, or centralized exchange, on August 11, according to The Data Nerd monitoring. According to BlockBeats On-chain Detection, the address accumulated about 121,000 ETH over the past month, with most of the tokens already staked.
CryptoQuant founder Ki Young Ju said he corrected his earlier analysis of CME Bitcoin futures positions on X. According to Odaily, he said he had mistakenly labeled "Total Reportables" as "Leveraged Funds," which led to the view that hedge funds had rarely turned net long on BTC futures, while lever
Bitcoin Knots told followers early on August 11 that the Bitcoin network faces an attack and that block production has slowed sharply. Public chain data contradicts that claim.The warning drew instant pushback. David Schwartz, the former chief technology officer at Ripple, accused the project of mis
Zama has listed its native token (ZAMA) for trading on Revolut across the European Economic Area on Monday, putting the blockchain-privacy project in front of the fintech's customer base.The listing opens ZAMA to Revolut's more than 70 million customers, including the 15 million-plus who already tra
Bitcoin falls as hopes for a reopening of the Strait of Hormuz fade, causing investors to shun risky assets. President Trump said he would seek reparations for the Iran war after Tehran made its own demands for compensation as part of its conditions for reopening the strait. The impasse lifts oil pr
Coinbase announced the launch of a suite of derivatives products for professional investors in the UK, expanding its derivatives offering as it advances its broader "Everything Exchange" strategy.The exchange is rolling out perpetuals, dated futures, and crypto options to eligible UK professional cl
Bitwise CIO Matt Hougan expects Bitcoin to finish the year significantly higher."Bad news has stopped moving the market,” Hougan said. "The sellers are gone. When bad news stops moving the market, that marks the bottom," he added.Hougan also argued that institutional exposure to Bitcoin has continue
Leading cryptocurrencies traded in the red alongside stocks on Monday as uncertainty on Iran negotiations kept risk appetite in check.Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:17 p.m. EDT)Bitcoin (CRYPTO: BTC)-1.56%$63,976.86Ethereum (CRYPTO: ETH) -2.13%$1,874.37XRP (CRYPTO: XRP) -1.89%$
Bitcoin may be approaching a short-term recovery, but renowned market analyst Alessio Rastani warns that the bigger risk is a multi-year bear market beginning in 2027.In a Cointelegraph interview on Aug. 6, Rastani noted that Bitcoin could stage a temporary rally over the next three to six months b
Supporters of BTCPay Server, the open-source bitcoin payments processor that recently disclosed an exploit, have committed to supporting a recovery bounty of 10% of any funds recovered, capped at 3 BTC for full recovery, according to an announcement on Monday.BTCPay Server announced on Friday that a
A signal that has appeared only three times in 15 years and landed on a major Bitcoin bottom each time is completing on August 31, according to a prominent analyst.What is This Bitcoin Bottom Signal?Analyst Oliver Velez laid out the case in his weekly Bitcoin Intelligence Report. The signal works b