Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

BlackRock Buys $233M Worth of Ethereum
BlackRock Buys $233M Worth of Ethereum

BlackRock makes a bold crypto move with a $233M Ethereum purchase, signaling strong institutional confidence.Ethereum’s Role in BlackRock’s StrategyWhat This Means for the Crypto Market

Coinomedia·2025/08/23 10:55
$10B Bitcoin Shorts Face Liquidation at $125K
$10B Bitcoin Shorts Face Liquidation at $125K

Bitcoin short positions worth $10B could be wiped out if BTC hits $125K.What’s Driving the Bullish Momentum?Could $125K Be Just the Beginning?

Coinomedia·2025/08/23 10:55
ETH Traders Split: Long vs Short Positions Surge
ETH Traders Split: Long vs Short Positions Surge

James Wynn goes long on ETH and DOGE, while "Mysterious Whale" takes a 25x short ETH position. Traders brace for volatility.Understanding the Risk Behind High LeverageWhat It Means for ETH and DOGE

Coinomedia·2025/08/23 10:55
Solana Breakout Trade Eyes $220 After Key Rebound
Solana Breakout Trade Eyes $220 After Key Rebound

Solana rallies to $205 after bouncing from 50-day EMA. A breakout could push price to $220 or $240 soon.Breakout Trade Triggers Above $205What’s Next for Solana?

Coinomedia·2025/08/23 10:55
Trump’s World Liberty Buys 1,076 ETH at $4,670 Each
Trump’s World Liberty Buys 1,076 ETH at $4,670 Each

Trump’s World Liberty spends over $5M USDC to purchase 1,076 ETH at $4,670, signaling bullish confidence in Ethereum.A Strategic Move Ahead of Possible ETH ETFMarket Reactions and What Comes Next

Coinomedia·2025/08/23 10:55
Ethereum’s OBV Divergence Sparks Bearish Caution
Ethereum’s OBV Divergence Sparks Bearish Caution

Despite Ethereum's bullish trend, a bearish divergence in OBV hints at caution unless key resistance is broken.Is the Bearish Divergence a Warning Sign?What to Watch Next

Coinomedia·2025/08/23 10:55
Flash
  • 07:00
    Rainbow Foundation will announce the TGE date early next week.
    ChainCatcher reports, the crypto wallet Rainbow Foundation will announce the TGE date early next week. In addition, upon token issuance, the Rainbow Foundation will become the largest single shareholder of Rainbow company, holding 20% of the company's equity. Token holders and shareholders will be able to share the same benefits. If Rainbow is acquired in the future, the foundation will be gradually dissolved, and its net assets (including the proceeds from its 20% equity holding) will be distributed to token holders.
  • 06:44
    21Shares founder: Bitcoin unlikely to regain the momentum that led to its January all-time high
    According to ChainCatcher, citing a report from Cointelegraph, 21Shares founder Ophelia Snyder stated that January typically sees a “peak in bitcoin inflows,” as investors rebalance and adjust their portfolios at the beginning of the year, which also leads to activity in exchange-traded funds. However, the current market conditions will make it difficult for bitcoin to replicate the price surge seen at the start of 2025 in 2026: the factors driving current market volatility are unlikely to be fully resolved in the short term, and whether similar results can be achieved next January will largely depend on overall market sentiment.
  • 06:36
    CryptoOnchain: BitMine currently holds about 3% of the total Ethereum supply, and any additional buying pressure could trigger a surge in ETH prices.
    Jinse Finance reported that CryptoOnchain posted an analysis on X, stating: Is an Ethereum supply squeeze imminent? The BitMine effect emerges, with institutions taking the lead: According to reports, BitMine currently controls about 3% of the total Ethereum supply (3.7 million ETH). In the past 30 days, net outflows from exchanges reached $1.6 billion, confirming this large-scale accumulation trend. Liquidity continues to dry up: Ethereum reserves on exchanges have dropped sharply, with a single-day outflow on November 23 soaring to $3.1 billion, setting a historical record. Currently, the number of withdrawal addresses exceeds deposit addresses by 40%, and circulating inventory is rapidly moving to cold wallet storage. A supply shock is brewing: Record-high staking deposits, combined with continued absorption of circulating tokens by whales like BitMine, are causing market depth to shrink. This constitutes a typical supply squeeze scenario—tradable sell orders in the market will decrease sharply. Conclusion: Data indicates that the current market is exhibiting active accumulation behavior, rather than simple holding. As tradable supply contracts, any new buying pressure could trigger an explosive price surge.
News
© 2025 Bitget