News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
One token zoomed 1,200% even though its related project closed in May, data shows.
Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active.
The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday.
The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
Launch of the token comes alongside protocol launch and prior release of the wallet.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
- 14:19A Major Whale’s ENA Short Position Now Faces an Unrealized Loss of $3.288 MillionAccording to Jinse Finance, on-chain analyst Ai Yi has monitored that since the end of July this year, the address that opened a 5x short position on ENA has incurred an unrealized loss of $3.288 million. The opening price for the ENA short was $0.5236 (current price: $0.7328). In addition, this address also shorted a basket of Ethereum ecosystem tokens, including ETH, LDO, MKR, and CRV, with a current total unrealized loss of $2.84 million. To avoid liquidation, the trader has added 1.6 million USDC in margin to Hyperliquid since yesterday.
- 13:47Founder of Linekong Interactive: ETH’s Rally Is Not Isolated from the Market, Crypto Autumn Poised to BeginAccording to ChainCatcher, Wang Feng, founder of Linekong Interactive, stated that the market sentiment of Bitcoin and Ethereum should not be viewed in isolation. Bitcoin is currently consolidating around $120,000, with limited volatility and no major sell-offs. This provides ample room for Ethereum to continue its upward momentum after breaking through $4,000, with predictions that it could rise to at least around $5,000. Similarly, Ethereum and the broader crypto market are inseparable. The autumn of cryptocurrencies is expected to begin, with DeFi, RWA, and leading meme coins entering a takeoff phase. On July 16, Linekong Interactive established the LK Crypto division to centrally manage the company’s mainstream crypto assets and accelerate its Web3 and RWA strategies.
- 13:37Ethereum Co-founder Jeffrey Wilcke Deposits 9,840.36 ETH into an Exchange, Worth Approximately $41.33 MillionAccording to Jinse Finance, on-chain analyst Ai Yi has monitored that after a three-month interval, Ethereum co-founder Jeffrey Wilcke has once again deposited 9,840.36 ETH into an exchange, worth approximately $41.33 million. In May of this year, he deposited 105,737 ETH into an exchange and then distributed it to eight new addresses. In the past hour, one of these addresses has started transferring ETH back to a trading platform, possibly intending to sell at a higher price. In May, the 105,737 ETH was valued at $262 million; three months later, this portion of tokens has grown to $442 million.