Category

Bitcoin's Plunge Wipes Out $530 Million as 160,000 Traders LiquidatedBitcoin prices experienced a sharp correction after failing to break the $100,000 mark, plummeting below $93,000 and reaching a low of $92,666, exhibiting significant volatility. This dramatic swing resulted in over 160,000 traders being liquidated, incurring total losses of $530 million

BlackRock Bitcoin Fund Sees Record Inflows on Single Day, 'Trump Trade' Sparks Market Interest?On Wednesday, BlackRock's iSharesBitcoinTrust exchange-traded fund (ETF) saw a record high net cash inflow, with approximately $872 million pouring in. This staggering figure places the fund, which was established only nine months ago, among the top ETFs globally in terms of subscription volume for 2024

Trump Trade Sweeps Markets: Bitcoin Surges to $72,000, Trump Media Stock DoublesAs the US election approaches, financial markets are witnessing a surge in the "bet on Trump" trading strategy. Earlier on Wednesday, Bitcoin's price briefly broke through $73,000, just a step away from its all-time high

Trump Trade Is Back: Bitcoin Surges Past $71,000, Trump-Related Stocks Soar 310%With just one week left before the US election, despite polls showing a tight race between Trump and Harris, major betting websites' odds favor Trump's eventual victory. The market has reacted strongly, and the Trump Trade is back with a bang: Bitcoin has broken through $71,000 per coin, other cryptocurrencies like Dogecoin and Ethereum have also surged, and Trump-related stocks have seen a significant surge

Bitcoin traders are eyeing a $70,000 target, US stock Bitcoin concept stocks climbBitcoin traders are once again targeting a $70,000 price, even after a short-term dip in the cryptocurrency market last weekend due to news about Tether stablecoin. US cryptocurrency exchange-traded funds (ETFs) continue to see strong inflows

Bitcoin Traders Target $70,000 as ETF Inflows PersistBitcoin traders are once again setting their sights on the $70,000 mark reached in June, even after a broad decline across cryptocurrencies late last week. Meanwhile, funds continue to flow steadily into US exchange-traded funds (ETFs)

Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion

Bitcoin Dips After Presidential Debate, Traders May See Harris Holding Slight EdgeSunil Jagtiani, senior editor for cryptocurrencies and digital payments, noted that Bitcoin began to pull back, falling over 1% to below $57,000, approximately 30 minutes after the start of the US presidential debate. Bitcoin has been considered a "Trump trade," as the president has publicly shown support for the digital asset industry

Bitcoin Could Be the "Trump Trade": Former President's Return to the White House May Spark Crypto Bull RunHolding Bitcoin could be the latest example of a "Trump trade," potentially yielding massive returns if the former US President returns to the White House. A Bernstein analyst noted in a report on Monday that Trump's recent enthusiasm for the cryptocurrency industry suggests a potential Trump administration would be more favorable toward digital assets compared to the Harris administration

ETH Trading Strategy for September 8th: Technical Indicator Analysis and Trade IdeasAs a vital component of the cryptocurrency market, Ethereum (ETH) experiences significant price fluctuations. This article will analyze technical indicators and market conditions to explore trading strategies for September 8th, helping you plan effectively, mitigate risks, and seize market opportunities

Bitcoin Plunges to One-Month Low as Traders Await Nonfarm Payrolls DataSINGAPORE, Sept. 4 (Caixin) - Bitcoin hovered near a one-month low on Thursday, as economic concerns triggered a broad sell-off in global risk assets

The "Fake Breakout" Trap: A Nightmare for Contract Traders, or an Opportunity for Investors?IntroductionThe digital currency market is full of various investment opportunities, but also harbors many risks. Contract trading, due to its high leverage feature, has become a "nightmare" for many players