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Bitcoin Exchange Activity Slumps As Retail Stays On Sidelines - Will Bulls Lose Momentum?
GameFi Guides

Bitcoin Exchange Activity Slumps As Retail Stays On Sidelines – Will Bulls Lose Momentum?

by admin June 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

While Bitcoin (BTC) continues to trade near its all-time highs (ATHs), trading volume on major exchanges has sharply declined in recent months. This downturn has raised concerns about the sustainability of the current rally.

Bitcoin Trading Volume On Exchanges Slumps

In a recent CryptoQuant Quicktake post, contributor caueconomy highlighted the significant drop in BTC trading volume across top cryptocurrency exchanges. Notably, trading volumes have reached multi-year lows, reflecting a reduced appetite for trading – particularly among retail investors.

Source: CryptoQuant

The analyst partly attributed the decline in trading volume to the growing share of spot Bitcoin exchange-traded funds (ETFs) in overall BTC trading activity. According to data from SoSoValue, approximately $132.5 billion worth of BTC is now held by US spot ETFs.

Additionally, caueconomy pointed to waning interest in altcoins as another contributing factor. This trend is evident in the declining Ethereum (ETH)/BTC ratio and the subsequent rise in BTC dominance.

Source: ETHBTC on TradingView.com

On a more constructive note, the ongoing decline in BTC trading volume does not appear to coincide with a period of market euphoria. This suggests that the current momentum is largely being driven by strategic capital allocators rather than inexperienced speculators.

The analyst concluded that monitoring any spikes in trading volume will be critical, as renewed demand often signals the approach of a local market top. At present, BTC is trading roughly 6.4% below its all-time high.

Amid the current sideways price action, some analysts are still waiting for a definitive directional breakout. For example, renowned analyst Titan of Crypto identified $109,000 as a crucial resistance level. They stated:

BTC needs to break above the last Lagging Span peak to unlock further upside. A rejection wouldn’t invalidate the trend as strong confluence support remains around $100,000. We’re not there yet.

Source: Titan of Crypto on X

Similarly, crypto analyst Merlijn The Trader noted that BTC is forming a bullish inverted head-and-shoulders pattern on the 3-day chart, with a neckline around $113,000. A breakout above this level could pave the way for a new ATH near $140,000.

Source: Merlijn The Trader on X

Some Warning Signs For BTC

While many experts predict BTC to benefit from rising global liquidity – especially the increase in global M2 money supply – others are not as optimistic. Seasoned crypto analyst Ali Martinez recently warned that Tom Demark’s (TD) sequential indicator has flashed a sell signal on the hourly BTC chart.

Further, Binance open interest recently recorded a divergence from BTC price, signalling caution. The Bitcoin RCV indicator has also moved out of the “buy” zone, raising fears of a price pullback. At press time, BTC trades at $104,292, down 3% in the past 24 hours.

BTC trades at $104,292 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant, X, and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 18, 2025 0 comments
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Crypto Trends

Bitcoin (BTC) Stays Firm as Trump-Musk Feud Escalates Over 2025 Budget Politics

by admin June 7, 2025



Bitcoin

held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week.

On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.”

Trump, who has often boasted of past support from Musk, firmly dismissed the idea of mending ties. “No,” he said when asked whether he wished to repair the relationship. “I would assume so, yeah,” he added when asked if the rift was permanent.

Despite the intensifying feud between two of the most influential figures in U.S. politics and technology, Bitcoin remained unfazed. The cryptocurrency held onto earlier gains and continues to trade near weekly highs. The market’s composure suggests that traders may increasingly view BTC as a hedge against institutional dysfunction, or at least as an asset insulated from the partisan fallout that tends to impact equities more directly.

Technical Analysis Highlights

  • BTC traded in a 24-hour range of $1,162 (1.13%), from a low of $104,624 to a high of $105,786, according to CoinDesk Research’s technical analysis model.
  • Strong support formed at $104,800, where above-average volume confirmed buyer interest.
  • Resistance at $105,200 was broken and has since flipped into a short-term support zone.
  • Volume peaked at 378 BTC during key breakout moments, especially around 13:43–13:46 and 13:53.
  • A short consolidation occurred between $104,300–$104,600 before the final surge to near highs.
  • An ascending price channel remains intact, showing bullish structure despite intermittent pullbacks.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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June 7, 2025 0 comments
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Strategy Up 2,930% Since 2020 Bitcoin Bet as Saylor Stays Bullish
NFT Gaming

Strategy Up 2,930% Since 2020 Bitcoin Bet as Saylor Stays Bullish

by admin June 1, 2025


Michael Saylor’s Strategy has seen its stock rise by 2,930% since it began accumulating Bitcoin in 2020. The explosive performance was highlighted in a tweet by Sentora (formerly known as IntoTheBlock), adding that MSTR has outperformed Bitcoin by 63% over the past three months alone.

Strategy’s stock (MSTR) is up roughly 2,930% since it started buying Bitcoin in 2020, outperforming Bitcoin by 63% in the last 3 months pic.twitter.com/fd3VhNtFpn

— Sentora (previously IntoTheBlock) (@SentoraHQ) May 31, 2025

In 2020, Strategy (formerly MicroStrategy) shocked traditional markets by announcing Bitcoin as its primary treasury reserve. The Bitcoin treasury play has boosted Strategy, lifting its market cap past $80 billion. On May 26, Strategy revealed the massive acquisition of 4,020 BTC for nearly $427.1 million at $106,237 per Bitcoin. As of May 25, 2025, Strategy holds 580,250 BTC acquired for $40.61 billion at $69,979 per Bitcoin.

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Despite this, Michael Saylor, the co-founder and executive chairman of Strategy, has not backed down one bit. Saylor expects Bitcoin to continue to appreciate over time and that Strategy will continue to accumulate.

Explosion of interest in Bitcoin

Saylor recently stated there has been “an explosion of interest” in companies purchasing Bitcoin. “Over the long term, Bitcoin on the balance sheet has proven to be extraordinarily popular,” Saylor told CNBC.

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In one such move, GameStop recently announced a $500 million Bitcoin allocation. Meanwhile, Tether, SoftBank and Strike’s Jack Mallers announced Twenty-One, a Bitcoin-native public corporation that plans to emerge with more than 42,000 BTC on its balance sheet, which would make it the world’s third-largest corporate holder of the asset.

When it comes to Strategy, Saylor stated that his Bitcoin accumulation intentions have no ceiling. His company is currently the largest corporate holder of the cryptocurrency.

“We’ll keep buying Bitcoin,” Saylor said, adding, “We expect the price of Bitcoin will keep going up. We think it will get exponentially harder to buy Bitcoin, but we will work exponentially more efficiently to buy Bitcoin.”





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June 1, 2025 0 comments
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Bitcoin Miners Increase Selling Pressure Post-ATH: Market Absorption Stays Strong
NFT Gaming

Bitcoin Miners Increase Selling Pressure Post-ATH: Market Absorption Stays Strong

by admin May 28, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

After a weekend of consolidation just below its all-time high near $112,000, Bitcoin is entering the new week with momentum building and bullish sentiment rising. Trading around $110K, BTC continues to hold a strong technical structure, and many analysts believe it’s only a matter of time before the next leg higher begins. With volatility tightening and the broader market gaining strength, all eyes are on Bitcoin as it flirts with price discovery once again.

Conviction is growing among top analysts who are now calling for significant price surges in the weeks ahead. On-chain metrics and price action continue to support the bullish outlook, pointing to sustained demand and a resilient trend structure. However, one emerging factor worth watching is miner behavior.

Top analyst Axel Adler shared new insights revealing that after hitting the ATH, miners have increased their BTC sales on exchanges. Inflows have doubled from an average of 25 BTC to 50 BTC per day, suggesting a profit-taking trend.

Bitcoin Prepares A Move As Market Absorbs Increased Miner Selling

Bitcoin is positioning itself for a potentially explosive phase as sentiment across the market grows increasingly bullish. Trading just below its all-time high near $112,000, BTC remains in a strong uptrend, and the coming days are likely to prove pivotal in confirming whether the next leg higher is ready to begin. With price action holding firm and bullish structure intact, many analysts believe an impulsive breakout could be imminent.

Adding fuel to the outlook is the broader global context. Trade tensions between the US and other major economies continue to escalate, and markets are becoming more reactive to macro uncertainty. In this environment, Bitcoin is once again being viewed as both a hedge and a high-beta growth asset—one that thrives in periods of volatility.

Adler shared key insights on miner behavior that may influence short-term price action. Since Bitcoin’s recent ATH, miner inflows to exchanges have doubled, from an average of 25 BTC to 50 BTC per day. While this indicates a noticeable uptick in selling, Adler notes that these levels remain well below historical peaks of around 100 BTC per day.

Bitcoin Miner Exchange Inflow | Source: Axel Adler on X

More importantly, the market appears to be absorbing this added supply without showing signs of stress. This suggests that demand remains robust, and selling pressure from miners is not yet strong enough to derail the uptrend. Instead, it reflects a healthy and expected shift in behavior following a major price milestone.

As Bitcoin hovers near all-time highs, the combination of strong market structure, supportive on-chain data, and resilient demand could set the stage for a powerful continuation. If bulls reclaim $112K with conviction, BTC may enter a fresh price discovery phase with targets well beyond current levels.

Bulls Hold Range Above $108K

Bitcoin is trading at $109,676 on the 4-hour chart, consolidating in a tight range just below its all-time high near $112,000. After a brief retracement from local highs, BTC has maintained its bullish structure, forming higher lows and staying well above key moving averages. The 34 EMA (green) at $108,639 acts as dynamic support, while the 50 and 100 SMAs (purple and blue) at $108,271 and $105,958 provide additional downside protection.

BTC showing strength above key moving averages | Source: BTCUSDT chart on TradingView

Volume has slightly declined during this consolidation, indicating a temporary pause rather than a reversal. Price remains comfortably above the major horizontal support level at $103,600—now a critical base for any deeper pullbacks. The uptrend remains intact as long as this zone holds.

What’s notable is BTC’s ability to hold above the 34 EMA despite increased miner inflows and broader market caution. This resilience suggests strong buyer interest and positioning ahead of a potential breakout.

To confirm continuation, bulls need to reclaim the $111K–$112K range with volume. A break above this resistance would likely trigger the next impulsive leg higher. For now, Bitcoin remains in a bullish consolidation phase, with strong support levels anchoring price action as the market awaits a decisive move.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 28, 2025 0 comments
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Sui Foundation stays neutral; $162m hack plan up for vote
GameFi Guides

Sui Foundation stays neutral; $162m hack plan up for vote

by admin May 25, 2025



The Sui Foundation has announced it will abstain from an upcoming community vote on recovering $162 million in frozen funds from the recent Cetus protocol hack.

The decision comes as the blockchain network prepares for an on-chain governance vote to decide whether to implement a protocol upgrade for fund recovery.

Following Wednesday’s action by Sui (SUI) validators to freeze stolen assets, Cetus has formally requested community approval for a protocol upgrade that would return the locked funds without reversing transaction history or rolling back the blockchain.

Sui validators coordinated emergency freeze

The Sui validator network responded quickly to the security breach by implementing emergency measures to prevent further asset drainage. Over one-third of validators by stake weight ignored transactions from two addresses believed connected to the attack. This effectively immobilized approximately $162 million worth of digital assets.

On Wednesday, the Sui validator community acted quickly to freeze $162M of the stolen funds. Here’s how that happened:

– Each validator has a configuration file that allows it to ignore transactions from a specific address.

– Adding addresses to this file is at the discretion… https://t.co/pVLTItN0MH

— Sui (@SuiNetwork) May 23, 2025

The freezing mechanism operates through individual validator configuration files that allow nodes to exclude specific addresses from transaction processing. Each validator maintains discretionary control over this function, which can be activated or reversed independently based on individual risk assessments or compliance requirements.

While validators successfully prevented the attacker from bridging a substantial portion of the stolen funds off the Sui network, approximately $60 million in assets had already been moved before the freeze took effect. Cetus has mentioned it is collaborating with Inca Digital, security firms, and international law enforcement agencies to recover the remaining compromised funds.

The Sui Foundation shared two conditions for supporting the community vote process. First, the foundation will maintain complete neutrality regarding the outcome. They stressed its role as a facilitator rather than a decision-maker for community governance. Second, Cetus must publicly commit to deploying all available financial resources toward full customer restitution.

“This is an extraordinary request in response to extraordinary need – Cetus’s customer funds are at stake,” the Sui Foundation stated. Cetus has expressed willingness to respect whatever decision emerges from the community vote.

They noted that “no one can make this decision unilaterally.” The protocol upgrade vote will involve major network participants, including validators and SUI token stakers. Cetus had also offered a $6 million bounty to the hacker to retrieve the funds.





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May 25, 2025 0 comments
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Monster Train 2 stays on track with a safe, but tough sequel
Gaming Gear

Monster Train 2 stays on track with a safe, but tough sequel

by admin May 21, 2025



Monster Train 2 is the opposite of the Ship of Theseus.

Its predecessor Monster Train is a polished card-based roguelike where you fight monsters on three levels of a train, defending your pyre at the top across a series of levels and storming Hell to fight evil angels. Monster Train 2 is the same but in reverse: angels and devils taking Heaven back together from the corrupting Titans. Both games break up their seven or so battles with stores and random events. The art styles are the same, the gameplay is the same. Small, subtly-introduced differences make the second one technically different from the first. But if you squint you see almost exactly the same game, five years later.

How few things can you change and still have a game that feels like it’s progressed? That’s the question I approached Monster Train 2 with. The first game punched above the weight of its art style and barely-there story, but the sequel’s art is sharper and more colorful now. However, the environments of Heaven are much less distinct than the levels of Hell. None of that really matters because you spend most of your time in the four chambers of the train, which always looks the same. At a certain point, remembering how to play playing Monster Train 2 is like remembering your walk to the store: you do it so often, it all blends together. And it blends together with its predecessor, too.

There’s a problem with making the same game twice though: the people who already played the first one, who are likely most excited for the sequel, already know how to beat it. The team behind Monster Train 2 knew this, because it’s arranged for people who already played the first one. The story builds on the events of the previous game with only the briefest pause to explain. There are also more complex battle effects. For example, instead of “spikes” (fixed damage to any unit that attacks yours) you have “pyregel” which sticks to the enemy and increases the damage you do to them. This makes the first few levels of the sequel easier than the original. There’s also room cards and equipment cards that (respectively) grant bonuses on a floor and give bonuses to a unit. However, they’ve turned up the difficulty to compensate for your new tools.

While Monster Train was challenging, 2 is more so. Even Covenant Zero, the tutorial difficulty, requires you to build your deck thoughtfully. I felt like I needed to lose quite a few times on Rank 1 to level up my clans, get better cards, and therefore break through the damage walls that arrive at level 5 or so. Some enemy teams made me groan every time I saw them, because it was obvious my current damage level wouldn’t cut it.

But on the other hand, it’s possible for a run to start quite badly and still get a victory. Unlike genre cousin Slay the Spire, there was never a doom spiral where I could tell I would lose several levels before I actually lost. If I could get through a battle, even if my pyre only had a few HP, there was a chance I could beat the next one. I also enjoy Challenge runs, where you have restrictions and pre-applied bonuses at a set Covenant level. These can be hard, but they feel, if not more fair than regular runs, at least more intentionally tough.

Big Fan

And as it often is with these games, if you’re still unlocking artifacts and making progress, it doesn’t feel too bad to lose. It took me about 15 hours to have runs where I wasn’t unlocking at least one thing. At that point, between my unlocked clans and my new cards, an average run was much more varied, and felt much more fun, than one five hours in. In this respect Monster Train 2 has fine-tuned the trickle of content in what I’d consider the early game (the time in which you have your first few runs, and when you get through the story.) So the difficulty might have squashed me, but at least I was having fun while it happened.

Monster Train 2 is made not just for people who liked the first one, but for people who want the magical period of “figuring out” the game– when you understand it, but before you actually win– to last as long as possible. Its similarities to the first one beg that existential question I asked earlier: if you keep almost everything in a game the same, why make a sequel and not, say, a DLC pack? Other related games raise this question too. Slay the Spire 2 and Hades 2, both releasing soon, both rely on their similarity to their predecessors to sell. The job of a sequel is to be the same as its progenitor but also substantially different enough to justify its own existence, either through refining the previous game or through providing a lot more of it.

Monster Train 2 is the latter, a slightly more polished version of the original with more content for fans to plow through. It trades memorability for momentary captivation, and it’s an understandable tradeoff. Just like with the first game, though, the memories of my hours mowing down Titans are already melting away.






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May 21, 2025 0 comments
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