Bitcoin price is struggling to settle above $112,500 and $113,000. BTC is now moving lower and might start another decline below $108,000. Bitcoin started a fresh decline after it failed to clear the $113,000 resistance level. The price is trading below $110,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $110,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $107,500 zone. Bitcoin Price Dips Again…
Tag: traders
Binance Rolls Out $400M Program for Traders Hit by Friday’s Downturn
Binance is launching a $400 million relief program for traders affected by losses across its ecosystem during Friday’s crypto sell-off, despite saying it does not accept liability for user losses. According to a Tuesday post by the exchange, the initiative will distribute $300 million worth of token vouchers, ranging in value from $4 to $6,000, to eligible users. To qualify, traders must have incurred forced liquidations on futures or margin positions between Oct. 10, 2025, 00:00 UTC and Oct. 11, 2025, 23:59 UTC. Users must have lost at least $50…
Monad airdrop targets traders and NFT owners, including Phantom and Mad Lads
Key Takeaways Monad is launching an airdrop for traders and NFT owners ahead of its mainnet. Eligibility includes users of Hyperliquid, Pump.fun, and holders of Phantom wallets, Mad Lads, SMB, and Pudgy Penguins. Share this article Monad, a high-performance blockchain project preparing for mainnet launch, today announced airdrop eligibility targeting traders and NFT owners, including holders of Phantom wallets, MadLads, and other prominent collections. The airdrop encompasses users of Hyperliquid, a decentralized perpetuals exchange, and Pump.fun, a meme coin launchpad on Solana. NFT holders from Mad Lads, SMB (Solana Monkey…
Bitcoin Rally To $125K Challenged By Weak Jobs Data, Traders’ Fear
Key takeaways: Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion. Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates signaling heightened counterparty risk. Bitcoin (BTC) reclaimed the $114,000 mark less than 48 hours after Friday’s flash crash, which wiped out $15 billion from BTC futures open interest. While Bitcoin showed resilience after such a major liquidity event, several factors could still delay a retest of the $125,000 level. As long as investors continue to view Bitcoin as a risk…
BNB Hits Record High As Traders Blame Binance For Crypto Market Crash
Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend. The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges. The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions. BNB/USD, seven-day chart.…
BTC Price to $150K? Traders say Bitcoin’s Upside Remains Intact
Key takeaways: Bitcoin traded above short-term holder cost basis at $114,000, signaling recovering demand and potential for further gains. Analysts said Bitcoin could continue its uptrend, with targets above $150,000. Bitcoin (BTC) price reclaimed the $115,000 level on Monday, recouping some of the losses from Friday’s historic sell-off, which resulted in over $20 billion in centralized exchange liquidations. The 10%-15% price drop left a mark on BTC’s technicals, but traders said that Bitcoin’s macro outlook remained bullish with $150,000 still in the cards. Bitcoin recovers above key trendline The BTC/USD…
Crypto Traders Show ‘Rationalization’ Behavior’ After Market Plunge
Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the finger at during downturns, according to Santiment. Analysts, however, say the reason for the market slump runs deeper than the tariffs alone. “This is typical ‘rationalization’ behavior from retailers, who need to point to a singular event as the reason for a cataclysmic downturn in crypto,” Santiment said in a report on Saturday. The spike in discussions around…
How Smart Traders Use AI to Track Whale Wallet Activity
Key takeaways: AI can process massive onchain data sets instantly, flagging transactions that surpass predefined thresholds. Connecting to a blockchain API allows real-time monitoring of high-value transactions to create a personalized whale feed. Clustering algorithms group wallets by behavioral patterns, highlighting accumulation, distribution or exchange activity. A phased AI strategy, from monitoring to automated execution, can give traders a structured edge ahead of market reactions. If you’ve ever stared at a crypto chart and wished you could see the future, you’re not alone. Big players, also known as crypto whales,…
Polymarket traders bet on government shutdown lasting through October
Key Takeaways Polymarket traders are predicting that the US government shutdown could last through October. The platform has become a key gauge for political risk, with traders pricing in longer timelines for resolving the budget standoff. Share this article Traders on Polymarket, a decentralized prediction market platform, are betting that the ongoing US government shutdown will extend through October, the Wall Street Journal reported today. According to Polymarket data, the odds of the shutdown lasting more than 30 days have risen to 37%, up from 15% at the start of…
Bitcoin Correction Deepens – Traders Cautious As Downside Pressure Builds Further
Bitcoin price corrected gains and traded below the $124,000 level. BTC is now struggling and might continue to move down below $120,000. Bitcoin started a downside correction below the $123,200 level. The price is trading below $123,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $122,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $120,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay…