Crypto News

Bitcoin (BTC) dipped below $92,000 during the overnight trade, revisiting levels that have proven resilient multiple times since December. However, the latest move comes with a notable uptick in perpetual futures open interest and price action that indicates seller dominance.The number of open futures bets or open interest in the BTC/USDT pair trading on Binance rose by roughly 12,000 BTC (worth over $1 billion) as BTC's price fell from $96,000 to under $92,000, according to data tracked by Coinglass.An uptick in open interest alongside a price decline is said to represent an influx of bearish short positions. In other words, traders likely opened fresh shorts as the price dropped, perhaps in anticipation of an extended sell-off.The cumulative volume delta (CVD)...

The launch of the $1 billion bitcoin treasury by Rezolve Ai starting with an initial $100 million investment, aims to support its AI-powered crypto payment platform in collaboration with Tether. The initiative aims to accelerate the mainstream adoption of bitcoin and digital payments in retail commerce. Rezolve Ai Bets Big on Bitcoin With Billion DollarSource link

Crypto majors slid as much as 14% in the past 24 hours as a Monday sell-off extended into Tuesday amid generally bearish sentiment and the lack of actionable catalysts that may help support the market.Solana’s SOL fell 14% — bringing 7-day losses to over 20% — while dogecoin (DOGE), xrp (XRP) and ether (ETH) fell more than 8%. Bitcoin lost the $92,000 level for the first time since late November, threatening a potential downside break of the multi-week consolidation between $90,000 and $110,000Overall market capitalization fell 6.6%, while the broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens, dropped more than 7%.Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market...

Developers say the bug was isolated to execution clients, highlighting Ethereum's testnet role in catching issues before mainnet launch.Source link

While Bitcoin.com News previously tapped generative artificial intelligence (AI) chatbots to forecast bitcoin’s price trajectory, this time we’ve pivoted to a hotter debate: “Will solana surpass ethereum in market dominance by 2025’s close?” 11 AI Models Weigh In: Is Solana’s Rise a Threat to Ethereum? Amplifying our prior methodology, we queried a myriad of leadingSource link