Auto Added by WPeMatico

The Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further

Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular…

Continue ReadingThe Biggest Bitcoin Bear Keeps Adding to Their Short Position as BTC Price Slides Further

Solana Overtakes Bitcoin and Ether in GSR’s Latest Crypto Portfolio Shake-Up

GSR said its Core3 model portfolio increased its allocation to Solana to 43.7%, while cutting its Ether holdings to 39.5% and Bitcoin slightly to 16.9%. The change came as crypto…

Continue ReadingSolana Overtakes Bitcoin and Ether in GSR’s Latest Crypto Portfolio Shake-Up

Bitcoin Rebound Faces Risk as Futures Demand Outpaces Spot Buying: Analysts

Bitcoin’s bounce off Tuesday’s low near $63,200 is coming mostly from leveraged futures positioning, not real spot buying, according to CryptoQuant data cited by the analytics account XWIN Japan. That’s…

Continue ReadingBitcoin Rebound Faces Risk as Futures Demand Outpaces Spot Buying: Analysts