MegaETH scraps $1B plan after technical failures derail sale

Bitcoin's funding rates have turned negative, indicating a potential short-squeeze that could drive the cryptocurrency's price to $90,000 or higher. This shift comes after Bitcoin's recent price fluctuations, which saw it dip to $80,000 before rebounding to around $87,000. Traders are closely monitoring these developments as they could signal a significant market movement.

Recent analysis reveals that 40% of Bitcoin, 40% of Ethereum (ETH), and a staggering 75% of Solana (SOL) are currently held at a loss, raising concerns about the potential for a bear market in the cryptocurrency sector. This trend highlights the ongoing volatility and challenges faced by investors in the digital asset space.

A suspected airdrop farmer has reportedly spent their entire $112,000 worth of MON rewards on gas fees for numerous failed transaction attempts, highlighting the risks associated with cryptocurrency trading. This incident raises concerns about the sustainability of such trading practices in the volatile crypto market.

A suspected airdrop farmer has reportedly spent their entire $112,000 worth of MON rewards on gas fees for numerous failed transaction attempts, highlighting the risks associated with cryptocurrency trading. This incident raises concerns about the sustainability of such speculative activities in the volatile crypto market.

Solana exchange-traded funds (ETFs) have attracted $369 million in inflows in November, reflecting a strong investor preference for yield-bearing assets, while Bitcoin and Ether ETFs have seen significant redemptions totaling billions. This trend indicates a shift in market dynamics favoring Solana amidst broader volatility in the cryptocurrency sector.

Solana exchange-traded funds (ETFs) have attracted $369 million in inflows in November, indicating a strong preference among investors for yield-bearing assets, while Bitcoin and Ether ETFs have faced significant redemptions totaling billions. This trend highlights a shift in investor focus towards more productive cryptocurrency investments.

Bitcoin's price has surged to $87,000, prompting discussions among traders about whether this represents a genuine buying opportunity or merely a temporary rebound, often referred to as a 'dead cat bounce.' Market sentiment is increasingly optimistic as historical data suggests potential for a longer-term rally following recent volatility.

Bitcoin's price surged to $87,000, raising discussions among traders about whether this marks a genuine buying opportunity or a temporary rebound, often termed a 'dead cat bounce.' The recent price movements follow a notable decline to $80,000, which had surprised many in the market.