Despite Bitcoin trading above $80,000, on-chain metrics and historical trends highlight growing risks of a price correction driven by diminishing buying momentum and rising exchange reserves.
Bitcoin-related companies have surged well beyond broader market averages, fueled by strong Bitcoin inflows and sustained buying momentum in the cryptocurrency spot market.
Galaxy Digital and Sharplink announce a $125 million on-chain yield fund to capitalize on Ethereum’s growing institutional demand for decentralized finance returns.
Despite a recent dip, a major investor acquired millions of HYPE tokens, testing key support levels as traders remain cautious amid bearish signals.
Major Jupiter token holders amassed over 10 million tokens amid intense market volatility, sustaining bullish support after price rejection near key resistance.
April’s inflation report reveals the highest annual increase since mid-2023, driven by soaring energy and shelter costs, deepening pressure on consumers and signaling broader economic risks.
Market maker Wintermute warns that Bitcoin’s recent surge above $80,000 stems mainly from derivative-driven short covering, not solid spot demand, signaling potential retracement risks ahead.
Arcadia’s mayor pled guilty to charges of acting as an undisclosed agent for the Chinese government, operating a propaganda website while in office.
Alaska Electric Light & Power plans to raise Juneau’s electricity rates due to rising costs from capital improvements and inflation, with bills expected to increase by up to 20%.
Former U.S. President Donald Trump visits China under strained circumstances, seeking Chinese cooperation on Iran, trade, and Taiwan while lacking diplomatic leverage.