A Hyperliquid whale holds large short positions against Bitcoin and several altcoins. Does the position provide any signal on the markets’ future outcomes?
Related Posts
US Treasury’s Scott Bessent backpedals: Bitcoin buying still possible
US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.
Crypto Lawyer Backs Ethereum To Reach $10,000 Target – Here’s Why
Crypto lawyer and former Republican senatorial candidate for Massachusetts, John Deaton, has publicly lauded Ethereum (ETH) price growth’s potential, tipping the altcoin for sizable short-term gains. The XRP enthusiast is predicting ETH to hit a $10,000 price valuation in the present market cycle, citing strong institutional inflows and strategic accumulation by Ethereum treasury firms as […]
Best Crypto to Buy as Banking Giants Now Predict at Least Two Rate Cuts in 2025
Jerome Powell, the Fed Chair, in his speech at Jackson Hole on August 22, hinted that the Fed might cut interest rates in September. Now, weak U.S. jobs market data has increased the chances of not one, but at least two rate cuts in 2025. For the first time since April 2021, there are more […]