In brief A short-selling cascade drove Bitcoin down 3.5% to $107,500, on Thursday, adding over $1 billion in bearish bets. The sell-off triggered $724 million in liquidations, with longs accounting for 74% of the …
Category:
Bitcoin & Ethereum
- Bitcoin & Ethereum
Will Markets Keep Falling When $4.8B Bitcoin Options Expire Today?
by adminby adminAnother Friday has come around, which means another batch of Bitcoin and Ether options contracts are expiring as spot markets remain in reset mode. Around 44,000 Bitcoin options contracts will expire on Friday, …
- Bitcoin & Ethereum
Bitcoin Faces Bearish Pressure Near $111K Support After Failing to Extend All-Time Highs
by adminby adminBitcoin (BTC) is once again testing critical support above $111,000, with traders debating whether the recent pullback marks the start of a deeper correction or a healthy consolidation before the next leg higher. Related …
Key takeaways: Bitwise analysts argue that selling pressure has likely peaked, and that dips may be good buying opportunities. Smaller BTC holders are accumulating even as miners increase exchange deposits. Recent weakness in Bitcoin …
- Bitcoin & Ethereum
Nasdaq-Listed Zeta Network Raises $231M via Bitcoin-Backed Private Placement
by adminby adminIn brief The deal raises roughly $231 million payable in BTC or SolvBTC, issued by Solv Protocol. Zeta says the transaction enhances its balance sheet and reflects confidence in Bitcoin’s fundamentals. The group touts …
XRP is still looking to confirm a strong bounce in price action after a crash that saw it register a huge bearish wick over the weekend, and many analysts are anticipating its next major …
U.S. stocks are suffering a setback on Thursday as credit issues are beginning to show their face alongside a slowing economy. “When you see one cockroach, there are probably more,” said JPMorgan CEO Jaime …
Gold is up nearly 60% year-to-date, substantially outperforming bitcoin, which, in comparison, is up a paltry 13% – despite all the talk of a bull market. Analysts say that gold isn’t overpriced, despite the …
Bitcoin & Ethereum
Binance-Led Selling Pressures Bitcoin, But ‘Uptober’ May Soon Flip the Script
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by admin
Despite the current selling pressure, CryptoQuant sees only a short-term dip before Bitcoin’s late-October rebound historically kicks in. Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 …
Bitcoin & Ethereum
Daylight Raises $75 Million To Bring Distributed Solar Power to Homes
by admin
by admin
Daylight, a decentralized physical infrastructure network (DePIN) project focused on creating a distributed solar energy grid, has raised $75 million to expand its network of solar coverage in the United States. Daylight offers solar …
