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Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
The market is waiting for the Fed’s next move, or clarity around an ETF, say analysts
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.
Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting the Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
Dogecoin price hits a two-month high amid speculations that Twitter’s rebrand to X would add a DOGE payment option.
- 18:49An Ancient Whale Sells Another 2,970 BTC and Goes Long on ETH, with Long Positions Exceeding 185,000 ETHAccording to ChainCatcher, on-chain data shows that a wallet which withdrew 15,000 BTC from an exchange seven years ago (then worth $95 million) has sold another 2,970 BTC (approximately $334 million) in the past 24 hours, purchased 50,470 spot Ethereum (about $215 million), and opened a long position of 135,263 Ethereum (around $575 million) on Hyperliquid. As a result, the wallet's total nominal exposure to Ethereum has reached 185,733 ETH (about $790 million).
- 18:37YZY briefly falls below $0.9, with market capitalization temporarily reported at $928 millionAccording to ChainCatcher, GMGN market data shows that YZY briefly fell below $0.9 before rebounding to $0.927, with a current market capitalization of $928 million. The 24-hour trading volume reached $668 million, and the number of wallet addresses holding the token stands at 34,900.
- 18:07Exchange Survey: 65% of Respondents Believe Crypto Assets Will Outperform Stocks Over the Next DecadeAccording to a report by Jinse Finance, a recent survey conducted by a certain exchange shows that 65% of investors who hold both crypto assets and stocks believe that crypto assets will achieve stronger growth than stocks over the next decade, while only 35% are more optimistic about stock performance. In addition, over the past 12 months, 42% of dual-asset investors said that their crypto assets outperformed their stock investments, whereas 31% believed stocks performed better. The survey also found that during periods of global uncertainty, 33% of investors prefer to allocate new capital to crypto assets, surpassing the proportion for stocks and cash.