Bitcoin Sees Largest Shorts Liquidation Event Since 2024 — What Happened?
As the Bitcoin price tumbled in the past few weeks, several investors are increasingly building short positions against the premier cryptocurrency. A recent analysis predicted an impending short squeeze, as the funding rates plunged to new lows. According to the latest on-chain data, this short squeeze not only happened; it occurred at a rate not…
XRP Spotlighted In German Media With Bold $9 Projection
XRP has edged back above $1.40 after weeks of uneven trading, but some investors believe the quiet recovery could be the start of a longer story. The token was changing hands near $1.43 at last check, still far from past highs. While the broader crypto market remains cautious, fresh comments from a European investment executive…
Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes
The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and…
Bitcoin Price Faces Another Rejection As Upside Momentum Fades
Bitcoin price failed to stay above $70,000 and started another decline. BTC is now trading below $68,800 and might extend losses in the near term. Bitcoin is slowly moving lower below $69,500 and $69,200. The price is trading near $68,400 and the 100 hourly simple moving average. There was a break below a bullish trend…
Ethereum Price Reverses Under $2,000, Bulls On The Back Foot
Ethereum price started a fresh decline and traded below $2,000. ETH is now consolidating and remains at risk of another decline below $1,940. Ethereum struggled to extend gains above $2,050 and corrected lower. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with…
XRP Price Trims Gains After Explosive Rally, Momentum Cools
XRP price failed to surpass $1.680 and started another decline. The price is now correcting gains and might struggle to stay above $1.450. XRP price started a downside correction and declined below $1.550. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend…
Dogecoin (DOGE) Gives Back Gains, Support Level Under Spotlight
Dogecoin corrected some gains and traded below $0.1080 against the US Dollar. DOGE is now holding the $0.10 support but might decline further. DOGE price started a fresh downside correction from $0.1175. The price is trading above the $0.10 level and the 100-hourly simple moving average. There is a key bullish trend line forming with…
Ethereum Open Interest Plunges: Cooling Off Or Cracks Forming?
Ethereum climbed back above $2,000 after a softer-than-expected US CPI print, and the move has traders and analysts debating whether the worst is behind the coin or if this is a temporary relief rally. Reports say futures open interest has fallen sharply over the last 30 days, funding rates have swung into deeply negative territory,…
Bitcoin Funding Rate Falls To Critical Level — Short Squeeze Incoming?
After a dour performance throughout the week, the price of Bitcoin experienced a fair amount of bullish impetus on Friday, February 13th. Going into the weekend, the premier cryptocurrency seemed on its way to reclaim the psychologically relevant $70,000 level. Interestingly, recent on-chain data shows that this latest bullish spurt might be the start of,…
‘Go Bitcoin Today,’ Michael Saylor Says— A Warning On Broken Money
Michael Saylor’s latest message is blunt and direct: “Go Bitcoin today — the money won’t fix itself.” He’s pressing an idea he has pushed for years — that holding Bitcoin is a deliberate choice against the slow decline of fiat money — and his firm’s actions back up the words. Bitcoin sits below Saylor’s firm’s…