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Did Bitcoin just make a quick bullish reversal?
Did Bitcoin just make a quick bullish reversal?

Share link:In this post: Bitcoin has seen a reduced bearish pressure after Germany finished its sell-off, triggering some bullish signs in technical indicators. The 200-day moving average provides support, while resistance levels near $60,000 could challenge upward movement. The derivatives market shows a cautious trader sentiment, with massive liquidations and increased open interest predicting more volatility ahead.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no lia

Cryptopolitan·2024/07/13 20:34
Bitcoin whales added 71K BTC to their wallets this week
Bitcoin whales added 71K BTC to their wallets this week

Share link:In this post: Bitcoin whales accumulate 71,000 BTC worth over $4 billion amid market downturns. Data from Alternative,me places the Crypto Fear & Greed Index at 25, showing extreme fear. Selling pressure has reduced after the German Government completed selling its 50,000 BTC stash.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/

Cryptopolitan·2024/07/13 20:34
Chainlink’s whales surge, accumulate $110 million in LINK tokens
Chainlink’s whales surge, accumulate $110 million in LINK tokens

Share link:In this post: About $110 million worth of LINK tokens have left crypto exchanges in the last two weeks. Large scale holders have been buying up LINK tokens and now control more than 50% of supply. Their accumulation might be driven by the belief that LINK is undervalued and set for future gains.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent

Cryptopolitan·2024/07/13 18:19
Bitcoin fees drop by 18% in one week
Bitcoin fees drop by 18% in one week

Share link:In this post: Bitcoin’s trading fees tanked by 18% in seven days, following a 27% drop the week before. Runes protocol, launch, and Bitcoin ordinals greatly influenced the BTC transaction fee surge. BTC fees drop can be linked to the market drop amid Germany’s market Bitcoin dumping.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and

Cryptopolitan·2024/07/13 18:19
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation

Share link:In this post: Ethereum stabilized above $3,000, gaining back its support level and lost market share. Institutional and whale investments in digital currency indicate market confidence and volume, especially ahead of the ETH ETF approvals. The United States Securities and Exchange Commission (SEC) is yet to offer ETH ETFs a greenlight day for trade.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information pr

Cryptopolitan·2024/07/13 18:19
Flash
22:59
Chainalysis: Peptide suppliers in the grey market are increasingly using Bitcoin and stablecoins
Odaily reported that Chainalysis released a report stating that as the demand for grey-market peptide products (such as weight-loss drugs like semaglutide) grows rapidly, relevant suppliers and buyers are increasingly using cryptocurrency for transactions, with major suppliers mainly relying on Bitcoin and stablecoins. The report shows that in the first quarter of 2026, crypto funds flowing into this sector reached 32 million US dollars, representing a 159% increase from the previous quarter’s 12 million US dollars. The annualized volume has already exceeded 100 million US dollars. Chainalysis pointed out that demand for peptide products is driven by cosmetic medicine, health and wellness trends, and the popularity of GLP-1 drugs. However, as these products often involve prescription-grade compounds or unregulated substances, traditional banks and credit card processors typically restrict such transactions, prompting the market to shift to crypto payments. The organization also noted that some leading suppliers have adopted more professional on-chain fund management methods. Especially among suppliers with an average transaction deposit over 1,000 US dollars, the share of stablecoins has increased significantly, which may be to reduce the risk of large supply chain orders being affected by crypto market volatility.
22:52
Shielded Labs discloses that the Orchard forgery vulnerability has been fixed
Shielded Labs disclosed a vulnerability in Orchard that could have been used to generate an unlimited amount of counterfeit ZEC. The issue was fixed on June 2, and zcash:native dropped by 27%. (Decrypt)
22:51
Major US banks including JPMorgan and Citi to launch tokenized deposit systems
Major U.S. banks, including JPMorgan and Citi, plan to launch a tokenized deposit system to compete with cryptocurrencies. (Watcher.Guru)
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