Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
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Key Metrics Show Crypto Traders Turning to Ether From Bitcoin
Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.
Bitcoin Inscriptions Divide BTC Community Amid Network Congestion, but Are ‘Unstoppable’
As unconfirmed transactions on the Bitcoin blockchain rise, Luke Dashjr, a prominent developer pledges that Ordinal Inscriptions are a ‘bug’ that will be fixed.
Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to ‘Abnormal Volatility’
The AEUR-USDT trading pair hit a $3.25 high Tuesday afternoon before Binance suspended trading with the token.
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.
Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering
The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.
Bitcoin Blasts to $44K on Coinbase, Could Run Towards $48K Resistance: LMAX Analyst
The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.
DeFi Market Rebounds to $50B as Speculators Hunt for Yield
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
Coinbase’s Rally Still Has Legs, Chart Analyst Says
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.