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Derivative Traders Drive Decline, but Bulls Eye Opportunity Ethena (ENA) experienced a sharp 14% decline over the past 24 hours, outpacing the broader crypto market’s 2.77% dip. On-chain data and market analysis point to derivatives traders as the primary drivers behind the slump, with a wave of short positions applying downward pressure on the asset….
Escalating Israel-Iran tensions and over $1.16 billion in crypto liquidations have triggered a sharp market sell-off, with Bitcoin dropping to $102K and Ethereum losing nearly 9%.Traders are bracing for more volatility ahead of the FOMC meeting, as rising demand for downside protection signals growing short-term bearish sentiment. The crypto market faced a brutal sell-off this…
Mantra (OM) is teetering on the edge as its once-promising rally has turned into a dramatic collapse. With over 91% of holders now underwater and daily trading sentiment sinking fast, OM’s future looks increasingly uncertain. The token recently dropped over 12% in a single day, sliding to $0.2516—a brutal extension of a downtrend that began…
GameStop Dives After Bold Crypto Move GameStop (GME) has shocked investors with a massive $1.75 billion convertible note offering, sparking fears and tanking its stock by over 22% in after-hours trading. The announcement, made on June 11th, hinted at further Bitcoin (BTC) investments—echoing its earlier $513 million purchase of 4,710 BTC in May—but failed to…
Bitcoin Slips Below $108K Amid Weak Volume and Cautious Sentiment Bitcoin (BTC) is once again in retreat mode, falling to around $107,399 as of Thursday, following a failed attempt to hold above the psychological $110,000 level. Despite hitting highs near $111,980 earlier this week, a combination of declining funding rates, lower open interest in futures,…
After a breakout from a descending channel, PENGU soared to a local high of $0.0125, marking a key turning point in its recent price action. However, the rally met resistance, and the token briefly slipped to $0.01166. Despite the pullback, crypto analyst Ali Martinez views this move as a healthy correction, citing the 0.618 Fibonacci…
The crypto market recently witnessed a staggering $1 billion in liquidations, with Bitcoin bearing the brunt — accounting for over $342 million of the sell-offs. Despite this dramatic shakeout, market signals suggest that Bitcoin might still be gearing up for a comeback. The Liquidation Surge: What Happened? The massive liquidation spike followed a heated public…
While retail traders chase the latest meme coin pumps, seasoned crypto analysts are eyeing a very different trend — real-world utility. The next bull market, many believe, will reward projects solving tangible problems in supply chains, compliance, digital identity, and enterprise-grade transactions. One of the voices leading this narrative is crypto analyst John Kiguru (@Shawn254Guru),…
PEPE Dominates Top Gainers with Explosive Volume SurgeMeme coin PEPE [PEPE] has emerged as the standout performer in the crypto market, recording a 9.23% price gain in the past 24 hours and surpassing $1 billion in trading volume. According to CoinMarketCap data, PEPE is not only among the top gainers but is also the only…
Legal Uncertainty Clouds XRP Outlook Ripple’s legal dispute with the SEC continues to weigh heavily on XRP’s market performance. Despite hopes for a settlement that could resolve nearly a decade of regulatory uncertainty, recent court filings and procedural delays have cast doubt on a swift resolution. Pro-crypto attorney Bill Morgan highlighted new court documents suggesting…