Cryptocurrencies face a potential short squeeze, with Bitcoin and Ethereum in focus. Bitcoin's liquidity pool at $49,281 raises concerns, while Ethereum eyes a short squeeze at $2,700. The market's unpredictability emphasizes the need for caution and understanding that outcomes can shift rapidly.
Cheng YuanBlackRock's swift Bitcoin accumulation raises concerns of a supply squeeze, potentially propelling Bitcoin's value to new heights. The intricate dance between institutional power and decentralized assets unfolds as the crypto market faces unprecedented dynamics.
Cheng YuanApproximately 57% of Bitcoin remains dormant for over two years, held by Long-Term Holders (LTHs) setting consecutive highs. This resilient group showcases strong conviction, potentially influencing Bitcoin's supply dynamics. The recent approval of Bitcoin spot ETFs by the US SEC and a decline in BTC stored on exchanges further suggest a supply squeeze. Bitcoin is trading around $45,900, reflecting a 4% increase in the past week. Traders monitor these trends for potential impacts on Bitcoin's price movements.
EdmundIrys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.
BerniceThe Mango Markets exploiter is back—but this time, things might not be going as planned.
Crypto BriefingOne Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze.
CointelegraphOn-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short ...
BitcoinistBnkToTheFuture co-founder Simon Dixon proposed a recovery plan for Celsius, similar to the solution Bitfinex offered after the August 2016 bitcoin hack, allowing customers to compensate for their losses by restoring tokens tied to the platform.
CointelegraphBnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery.
CointelegraphThe opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. ...
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