Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.
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Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend’s event.
The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.
Rutgers Law Vice Dean Yuliya Guseva (left) and SEC Enforcement Director Gurbir Grewal (Nikhilesh De/CoinDesk)
Polygon’s MATIC and Chainlink’s LINK led altcoin gains Wednesday afternoon.
Proposed coalition of professional researchers could help “accelerate decision-making” at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company’s application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.
The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.
In this week’s edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase’s recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.