| Mobile Web

All articles List

Crypto

Bitcoin rebound limited despite inflation cooling; oil and big tech earnings in focus

Bitcoin rebounded after U.S. June inflation data came in below market expectations, but it has struggled to establish a clear direction amid renewed U.S.-Iran military clashes and rising oil prices. Comments from a hawkish Federal Reserve official added pressure, while President Donald Trump’s remarks about a possible peace deal with Iran helped limit losses. Analysts said oil prices and tech stock moves, including profit-taking after TSMC results, could shape near-term direction, along with upcoming big tech earnings and U.S. Senate scheduling for a Clarity bill vote.

Crypto

HYPE futures open interest tops $1.45 billion, overtakes XRP for fourth place

Hyperliquid's HYPE has climbed to fourth place in cryptocurrency futures open interest, overtaking XRP, U.Today reported. CoinGlass data put HYPE open interest at $1.45 billion, above XRP's $1.12 billion. Open interest measures the total value of outstanding futures contracts. HYPE now trails only bitcoin, ether and solana on the metric. Spot prices moved the other way, with HYPE down 1.28 percent and XRP up 1.26 percent over 24 hours.

Crypto

Strategy to resume bitcoin buying? Michael Saylor post draws attention

Market attention is growing over whether Strategy will resume additional bitcoin purchases after Michael Saylor posted a chart of the company’s crypto holdings on X and wrote, “What’s next?” Strategy holds 843,775 BTC, about 4 percent of global supply, worth about $54.28 billion, but is sitting on roughly 15 percent or around $5 billion in unrealised losses. The firm has not bought since June 22 and recently sold bitcoin.