Do Bitcoin Whales Really Control Market Ups and Downs?

Key takeaways:  Since 2024, spot ETF inflows and outflows have been the strongest driver of Bitcoin’s green and red days. With exchange balances near multi-year lows, any sizable order travels farther through the book. Large holders often split trades or use OTC desks, muting visible “wallet-moved” shocks. Funding rates, open interest, the dollar and yields…

CZ’s Pardon Does Not Equate To An Acquittal

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association US President Donald Trump’s recent pardon of Binance co-founder Changpeng “CZ” Zhou has grabbed headlines. Some commentators hail the move as a way to “clear CZ’s record and allow him to return to the industry,” but this misses the point that a presidential pardon…

Spot Bitcoin, Ethereum ETFs Extend Outflows Amid US Political Turmoil

US spot Bitcoin and Ethereum exchange-traded funds (ETFs) extended their losing streak Monday, marking another day of outflows as investor sentiment remained fragile amid mounting political and macroeconomic uncertainty. According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $40.47 million in net outflows on Monday, their fourth consecutive day of withdrawals. BlackRock’s IBIT led…

CZ’s Pardon Does Not Equate To An Acquittal

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association US President Donald Trump’s recent pardon of Binance co-founder Changpeng “CZ” Zhou has grabbed headlines. Some commentators hail the move as a way to “clear CZ’s record and allow him to return to the industry” — but this misses the point that a presidential…

Watch These BTC Price Levels Next

Key takeaways: The emergence of a bear flag on the daily chart projects a Bitcoin price drop to $88,000. Traders said BTC price may drop as low as $97,500 if key support levels are broken.  Bitcoin’s (BTC) price is forming a classic bearish pattern in the daily time frame, triggering fears that a breakdown could…

Australians Are Deeply Interested In Crypto Based On Web Traffic.

Australians show the world’s highest per-capita interest in cryptocurrency, according to new web-traffic data, with most activity focused on trading and speculation. Data compiled by venture firm Andreessen Horowitz’s crypto division calculated the percentage of web traffic from each country across the top 30 tokens on CoinGecko, filtering out Bitcoin and stablecoins.  Australians had the…

Energy Department Wants Faster Grid Hookups For High Energy Users

The US energy secretary has urged the Federal Energy Regulatory Commission (FERC) to write new rules enabling big electricity consumers, such as AI data centers and Bitcoin mining operations, to connect directly and quickly to the power grid. In a letter released on Thursday, US Energy Secretary Chris Wright asked the FERC, the independent agency…

After CZ’s Pardon, Odds Rise for Sam Bankman-Fried’s Second Chance

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Will Sam Bankman-Fried, the former CEO of FTX, be pardoned? Bettors…

Trump Sheds Light On Pardon For Binance Founder CZ

US President Donald Trump said he pardoned Binance founder Changpeng “CZ” Zhao after lobbying and support by “a lot of people” that told him he wasn’t guilty.  CZ’s pardon was signed on Wednesday, and Binance confirmed the presidential order to Cointelegraph in a statement. During a press conference on Thursday, Trump said he chose to…

Spotting Bull and Bear Traps in Crypto: A Practical Checklist

Key takeaways:  Use confirmation, not hope: Wait for a higher-timeframe close and a clean retest before sizing up. Read leverage tells: Extreme funding plus rising open interest at a key level signals trap risk in the opposite direction. Don’t trust thin books: Off-hours liquidity, spoof orders, listings or unlocks can manufacture fake breaks. Respect liquidations:…