If Solana recovers as quickly as it has in recent times, approximately $125 million in short positions will be liquidated.
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
Swan Bitcoin’s Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next.
Traders rush to short Ether as Grayscale pulls its futures ETF plan
A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”
Buy altcoins now, but sell before ‘mid-2025’: Charles Edwards, X Hall of Flame
Crypto analyst Charles Edwards believes we’ve entered “the 12-month window” to make altcoin profits: X Hall of Flame.
Bitfinex database breach 'seems fake,' says CTO
Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he “couldn’t find any request.”
Bitcoin will 'propel the next leg up' if key trading pattern confirms — Traders
The inverse head and shoulders pattern forming “would make sense” if Bitcoin doesn’t “break straight through” to $67,500, according to a crypto trader.
Grayscale’s GBTC stops bleeding: First inflow since launch
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
Former Cred execs face wire fraud and money laundering charges
After attending their initial court appearance on May 2, the former CEO and CFO of Cred must enter their plea on May 8.
Bitcoin selling pressure to ease? M2 money supply flips positive
Crypto traders are pointing to the M2 money supply turning positive as a bullish signal for Bitcoin.
BTC price chart seen mirroring US spot Bitcoin ETF launch pattern
Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around.
Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts.
Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.
XRP, SOL, and DOGE open interest falls combined 51% in the last month
Dogecoin’s open interest saw the steepest decline among the top ten cryptocurrencies by market cap, falling 64% since the start of April.
‘Pretty ordinary stuff’ — Traders seem unfazed by Bitcoin correction
Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now.
Web3 gaming won’t exist in 5 years, $656K for best crypto game pitch: Web3 Gamer
Crypto VCs reveal why last cycle’s games sucked, Mega Cricket League review, plus $656K up for grabs in crypto game Shark Tank: Web3 Gamer.
Google Cloud's Web3 portal launch sparks debate in crypto industry
Google Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiving mixed reactions from the crypto industry.
Phoenix and Wasabi exit US market amid self-custody wallet crackdown
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
Nvidia’s share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
Republic First Bank closed by US regulators — crypto community reacts
Republic First Bank’s 32 branches across the United States will reportedly reopen under Fulton Bank starting next week.