Bitcoin’s latest rally has put short-side positioning back under the microscope after market analyst ByzGeneral flagged what he described as the largest daily BTC short liquidation event on record. The move came as Bitcoin pushed toward the $70,000 area, forcing traders positioned against the market to buy back exposure or face automatic liquidation. That is …
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A whale trader using the ENS-linked address pension-usdt.eth was liquidated on Hyperliquid after a massive Ether short position unraveled in just 12 seconds. The position was large: 50,000 ETH, worth about $108 million in notional exposure. As prices spiked, the short was unwound between 04:51:03 and 04:51:15 UTC, leaving the trader with a reported loss …
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Michael Selig said at a meeting of the Innovation Advisory Committee that he had directed CFTC staff to explore developer protections and other crypto-related policies. Michael Selig, who chairs the US Commodity Futures Trading Commission (CFTC), signaled that the agency would not be idle while Congress continued to debate provisions in a cryptocurrency market structure …
Continue reading “CFTC chair says agency will move forward on crypto regulation if CLARITY fails”
The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks. Bitcoin’s latest rally has pushed the cryptocurrency above a key long-term technical indicator for the first time in about nine months, offering a potential signal that its …
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Binance’s Agent OS lets AI agents access market data, execute trades and make payments while giving users control over permissions and account access. Binance has launched Agent OS, a developer platform that allows AI agents to access market data, monitor user accounts and execute crypto trades on the exchange. According to a company announcement, the …
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Global crypto exchange BYDFi is participating as a Gold Sponsor at Coinfest Asia 2026, taking place August 20-21 at Melasti Beach in Bali. Positioned as “The World’s Crypto Festival Built for Institutions, Builders & Traders,” the event brings together participants across digital assets, finance, technology, and trading. Attendees can meet the BYDFi team at Booth …
A Florida woman accused of posing as a bank representative to scam a senior citizen was arrested after deputies said they found $3,200 in cash hidden inside her body when she was taken to jail. Moniquie Love Turnbull, 31, of Miami, allegedly showed up at a senior citizen’s home pretending to work for the victim’s …
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Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets. Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the massive upfront investment required to diversify beyond …
Continue reading “Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1”
Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers. As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as a scarce, non-sovereign asset. Interest costs …
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A new poll showed 63% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family to invest in crypto. A new poll conducted by Reuters/Ipsos found that a majority of respondents in the US believed it was not “appropriate” for US President Donald …
The governance vote redirects tokens previously reserved for user airdrops toward partnerships, incentives and Optimism’s growing institutional push. Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional adoption. OP currently has a market cap of roughly $214 million, with a …
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The S&P 500 (SPX) is in the midst of a raging bull run as the index more than doubles its value in less than 10 years. Data from the Kobeissi Letter shows that the S&P 500 is on track to shatter the record seen during the post-war boom by the end of this decade. “US …
BlackRock is upholding Bitcoin’s (BTC) value as a distinctive portfolio diversifier and emerging monetary alternative despite its sharp recent decline. The asset manager says the sell-off resulted from extreme speculative positioning and flow shifts instead of any structural shift in the cryptocurrency’s long-term trajectory. Bitcoin surged to all-time highs above $120,000 in October 2025 before …
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USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether. Europe’s crackdown on Tether’s USDT is entering a new phase. When Revolut told European users it would delist USDT after Aug. 31, it became another in a long line of European platforms restricting …
Continue reading “MiCA cracks down on USDT in Europe… but no one else cares”
Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization. The deal …
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