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Despite recent market turmoil, major Bitcoin ETF issuers are acquiring large amounts of BTC, suggesting confidence in future demand and potential market stabilization.
Solana faces intense bearish pressure, plunging below support with strong downtrend signals from Ichimoku and BBTrend. A retest of February lows looms unless momentum shifts fast.
As traditional markets show clear signs of an impending recession, the crypto space is not immune from damage. Liquidations are surging as the overall crypto market cap mirrors declines in the stock market. Even though the source of these problems is localized to the US, the damage will have global implications. Traders are advised to …
Bitcoin Futures have surged past $100 billion in open interest, showing strong activity from institutional and retail traders. Whales are increasingly taking short positions even as Bitcoin trades above $85,000, diverging from retail sentiment. Altcoin markets are seeing reduced long interest from whales with XVG and ALICE being rare exceptions showing bullish positions.
Wormhole enters April at a crossroads, with weakening momentum and a looming token unlock adding pressure. Traders eye $0.089 as the breakout pivot in an uncertain landscape.
- 2025/05/04 22:05US Democratic Lawmakers Urge Investigation into Musk by TrumpThirteen U.S. Senate Democrats sent a letter to President Trump on Friday (2nd), expressing concern that American entrepreneur Musk might use his government position as a senior advisor at the White House to facilitate overseas transactions for his business projects "for personal gain," and called for an investigation into this matter. (Jin10)
- 2025/05/04 22:03GORK briefly surged over 107% before retreating, with a market cap temporarily reported at $75.4 millionOn May 5th, possibly influenced by Musk changing the X avatar, the Meme coin gork on the Solana chain surged over 107% in a short period before falling back. Its market value once soared to 100 million USD, now it has fallen back to 75.4 million USD.
- 2025/05/04 22:03Total Net Inflow of Bitcoin ETFs Surpasses $40 Billion AgainOn May 4th, according to Farside data, the total net inflow of Bitcoin ETFs once again surpassed $40 billion, reaching $40.207 billion, approaching the historical high. The highest point of total net inflow for Bitcoin ETFs occurred on February 7th, reaching $40.78 billion.