Dogecoin Recovers 3.5% but Derivatives Data Reveals Dominant Bearish Sentiment
Despite Dogecoin’s 3.5% recovery to $0.205, derivatives data reveals weak conviction with declining volume and dominant short positions across timeframes.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Despite Dogecoin’s 3.5% recovery to $0.205, derivatives data reveals weak conviction with declining volume and dominant short positions across timeframes.
Bitcoin rebounded from $112,000 following macroeconomic uncertainty, with technical analyst CrypNuevo identifying key liquidation clusters that could trigger a short squeeze toward $119,000.
Roman Storm was convicted of operating an illegal money transfer business but acquitted of sanctions evasion, with money laundering charge resulting in hung jury.
BNB jumped over 5% following CEA Industries’ rebrand to BNB Network Company and $500 million private placement, though technical resistance at $785 poses challenges.
SBI Holdings announced plans to launch Japan’s first crypto-asset ETFs and investment trusts, including innovative dual products mixing Bitcoin-XRP and gold-crypto allocations.
Ethereum falls below $3,700 despite major corporate buys, with market signals hinting at further decline.
China has issued warnings about cryptocurrency projects that ask users to submit their iris data in return for digital tokens.
Coinbase has secured an A+ rating with the Better Business Bureau, an achievement that underscores its commitment to supporting its users.
KakaoBank, South Korea’s biggest digital bank, is set to make a major leap into the stablecoin market, announcing a pivot to digital assets.
Satsuma Technology closes a $217 million funding, accepting over 1,097 BTC and solidifying its position as one of the country’s top corporate Bitcoin holders.
Robert Kiyosaki seems to have become a strong supporter of the digital currency.
Over a billion DOGE were scooped up by whales as the meme coin dipped below key support levels, triggering a $3 million short squeeze.
A technical crypto analyst makes a bold prediction for Solana price while the whole market wanders in uncertainty.
Despite $196 million in outflows from Bitcoin ETFs on Aug. 5, institutions continue to accumulate the digital asset, hinting at long-term bullish confidence.
XRP has recently slipped below its strong key level of $3, sparking fears of a deeper correction.