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Crypto Liquidations Hit $289 Million as Long Positions Dominate Market Flush

Crypto Liquidations Hit $289 Million as Long Positions Dominate Market Flush

Roughly $289.69 million in leveraged crypto positions were liquidated over the past 24 hours, underscoring how quickly volatility can still cascade through derivatives markets even as spot prices appear relatively...

Aug 02, 2026
XRP Sell Pressure Eases as Exchange Outflows Rise, but August Risks Remain

XRP Sell Pressure Eases as Exchange Outflows Rise, but August Risks Remain

On-chain data suggests selling pressure on XRP is fading as August begins, but weak seasonal performance and limited institutional demand could still weigh on the cryptocurrencys price outlook. Crypto analyst Darkfost...

Aug 02, 2026
Crypto Traders Urged to Ditch Pattern Bias as Volatility Undermines Setups

Crypto Traders Urged to Ditch Pattern Bias as Volatility Undermines Setups

The human brain is wired to find patterns—even in noise—but that instinct can become a liability in crypto markets, where price action often reflects shifting liquidity, leverage, and sentiment rather than repeatable...

Aug 02, 2026
Tom Lee Says Ethereum Will Power AI Payments Despite Growing Skepticism

Tom Lee Says Ethereum Will Power AI Payments Despite Growing Skepticism

Fundstrat co-founder Tom Lee believes the next major winner in the artificial intelligence boom will not be chipmakers but Ethereum, arguing that blockchain networks will become the payment infrastructure for AI agents....

Aug 02, 2026
Bitcoin, Ethereum Long Positions Surge as Top Traders Increase Leverage

Bitcoin, Ethereum Long Positions Surge as Top Traders Increase Leverage

Top futures traders tilted more heavily toward long positions in Bitcoin (BTC) and Ethereum (ETH) on Friday, with CoinGlass data showing a sharp jump in the share of accounts holding BTC longs in the USD-margined market—...

Aug 02, 2026
Tether Posts $1.5B Q2 Profit as USDT Supply Reaches $184.6B

Tether Posts $1.5B Q2 Profit as USDT Supply Reaches $184.6B

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, supported by strong returns from its U.S. Treasury and repurchase agreement investments, according to its latest BDO attestation. As of...

Aug 02, 2026