Traders are watching whether support near $1.34 holds after repeated rejection near $1.44.
Bitcoin traders bet on a rally above $80,000
Categories
Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.
The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functionality was included.
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don’t necessarily signal selling.
Pudgy World went live with 12 towns, plot-based quests, and mini-games in what the team calls “one of the most technically advanced browser-based games ever created.” The PENGU token jumped 9% on the news.
Several market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient.
The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.
Former CFTC Chair Christopher Giancarlo says banks, more than crypto firms, need the stalled Digital Asset Market Clarity Act.
Bitflyer trading spiked even as Japan’s Nikkei tumbled, while Korea and Taiwan equities joined the broader Asian selloff.
Crude oil futures on Hyperliquid dropped from $114 to $102 after reports that G7 finance ministers would discuss a joint release of strategic oil reserves to cool the price surge driven by the Iran conflict.
Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.