Heavy crypto liquidations in the recent past have increased the odds of a long squeeze in most digital assets led by Bitcoin (BTC) and Ethereum (ETH).
With long traders losing nearly $790 million in liquidations, the crypto market remains on edge as investors await further signals from Trump’s administration on regulatory policies.
Amid the crashing global markets, Bitcoin bleeds quickly. Losing the $2 trillion valuation and the $100K support, bears are targeting an extending rally to $94K?
XCN token hits two-year high with 800% gains in two weeks, following resolution with HTX Global and Justin Sun, while trading volume spikes 270% to $1.4B.
MicroStrategy unveils plans to redeem $1.05 billion in convertible senior notes due 2027, with holders having until February 2025 to convert notes to Class A shares.
For the first time in 17 years, the Bank of Japan (BoJ) raised interest rates to 0.5%, a significant leap from its previous levels.
BlackRock’s iShares Bitcoin Trust (IBIT) has seen significant inflows, acquiring over 11,000 BTC in the past week.
Senator Cynthia Lummis has proposed legislation to establish a national bitcoin reserve, planning to purchase 1 million BTC worth $108 billion over five years.
The US spot Bitcoin ETF issuers registered a daily total net inflow of about $248 million on Wednesday following the crypto market confidence instilled by the Donald Trump administration.
Bitwise’s filing for a Dogecoin ETF has sparked market optimism, with analysts anticipating a potential price surge for the meme coin.
ETF issuers have submitted applications to the SEC, possible hoping the Commission would be more lenient following Gensler’s departure.
Investment firms and hedge funds significantly increased their Bitcoin ETF holdings amid favorable market conditions.
In a bold move following Trump’s inauguration and Gensler’s resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.
VeThor (VTHO) has shot up a monumental 108% in the past 24 hours, bringing out a God candle on the daily chart with a peak of $0.01071.
The crypto community had hoped for stronger signals from the administration, but early executive orders focused on other issues, leaving digital assets off the agenda.