Ethereum’s Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead
The coming week in crypto will bring a positive development in the case of Ethereum’s Fusaka upgrade being applied to the Sepolia testnet. However, concerns remain over the crypto market in general as the U.S. government continues its shutdown, which has halted several crypto ETF applications in their tracks. The crypto market sold off on […]
Avalanche (AVAX) Gains Momentum Holding Strong Above $14.60 & $12.50 Supports
Avalanche (AVAX) is showing renewed strength as the ecosystem’s activity and user base expand across the network. The project announced a significant increase in the number of monthly active addresses, indicating growing adoption. The analysts opine that maintaining existing support levels will help sustain AVAX’s near-term bullish outlook. At the time of writing, Avalanche is
Crypto Whale Opens New $163M Bitcoin Short After $192M Win
A crypto whale who recently pocketed $192 million from a perfectly timed short is back with another massive bearish bet against Bitcoin. Key Takeaways: A crypto whale reopened a $163M Bitcoin short after profiting $192M from a trade before Trump’s tariff announcement. The trader’s timing has raised accusations of insider trading and possibly triggering a […]
WazirX Wins Court Nod in Singapore for Debt Restructuring Scheme, CEO Says
WazirX has secured court approval for its long-awaited debt restructuring plan, marking a major milestone in its recovery from last year’s high-profile hacking incident. CEO Nischal Shetty said Monday that the Singapore High Court has approved the scheme, paving the way for the exchange to move ahead with its rehabilitation efforts. Shetty did not disclose […]
Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming?
Following the massive crash that Bitcoin and the entire crypto market suffered over the weekend, the Fear & Greed Index has been pushed down to its lowest level in the last six months. This index, which measures the market sentiment and shows on a scale how investors are feeling about the crypto market, has now […]
India Targets Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
Over 400 high-net-worth Binance users are under investigation for alleged crypto tax evasion between 2022 and 2025. Indian tax authorities have launched a widespread investigation into more than 400 high-net-worth individuals accused of crypto tax evasion after trading on Binance. The Central Board of Direct Taxes (CBDT) is spearheading the operation, which spans several Indian […]
$120K or end of the bull market? 5 things to know in Bitcoin this week
Bitcoin rebounded to $116,000 and gold hit new all-time highs as bulls woke up to face what could be their ultimate test this week.
Trader Who Made $192M Shorting the Crypto Crash is Betting Against Bitcoin Again
A trader who pocketed $192 million shorting BTC ahead of last week’s crypto wipeout has reloaded with a large bearish position as markets attempt to recover from the Trump tariff shock. The wallet, identified as 0xb317 on the decentralized derivatives platform Hyperliquid, opened a new $163 million short position on bitcoin late Sunday, data from […]
These AI Altcoins Are Leading The Crypto Market Recovery
Around $300 billion has returned to spot crypto markets on Monday morning after overleveraged whales caused a massive meltdown over the weekend. Bitcoin and Ether have both recovered back to the middle of their range-bound channels, but some of the AI-related altcoins are surging. AI-focused crypto token Bittensor (TAO) has pumped a whopping 35%, topping […]
SUI Rebounds Strongly, Eyes Explosive $5 Breakout Soon
SUI is rebounding strongly after recent market turbulence, trading at $2.80 with an 11% gain in 24 hours. With a market cap of $10.15 billion and surging DeFi action across platforms such as Suilend, Navi, and Momentum, the altcoin is gaining steam as it looks towards the next resistance level of $4.33. The cryptocurrency is
Bitcoin Mining Firm MARA Holdings Adds 400 Bitcoin Worth $46.31M: On-Chain Data
MARA Holdings, a leading Bitcoin mining company, has purchased an additional 400 BTC on Monday, worth $46.31 million. Per Arkham data, the second-largest corporate Bitcoin holder bought 400 BTC through digital asset trading platform FalconX, LookOnChain reported. With the recent purchase, the company holds a total of 53,250 BTC, worth $6.12 billion. MARA Holdings, which […]
Changpeng Zhao Hits Back at Hyperliquid Founder Flagging Transparency Issues at CEXs
Changpeng Zhao pushed back Monday as Hyperliquid co-founder Jeff Yan accused centralized exchanges like Binance of underreporting user liquidations during last week’s crypto market crash. In a post on X, Yan said Hyperliquid’s fully on-chain liquidation data could not be compared with what he called “underreported CEX liquidations.” He argued that on-chain systems allow anyone […]