Bitcoin nears $70K as shorts face $1.14B wipeout
Bitcoin (CRYPTO:BTC) reached $69,749 on Wednesday, rising 9.3% from the week's opening price of $62,832.
Bitcoin (CRYPTO:BTC) reached $69,749 on Wednesday, rising 9.3% from the week's opening price of $62,832.
Strategy led crypto-linked stocks higher, rising 11.95% to $103.58 as Bitcoin (CRYPTO:BTC) approached $70,000.
Nethermind has moved its cross-chain operations from LayerZero to Chainlink (CRYPTO:LINK) after reviewing both providers.
Ripple raised $275 million through a senior note offering to expand its US financial services business.
Injective Institutional Services, an affiliate of Injective (CRYPTO:INJ), has received effective SEC transfer agent registration.
Donald Trump urged Congress to pass the Clarity Act during a White House crypto meeting on Wednesday.
Blockchain analytics firm Arkham has identified that the wallet pension-usdt.eth is holding an US$85 million short position on Ethereum (CRYPTO:ETH), opened at an average entry price of approximately US$1,700 and now sitting at an unrealised loss of approximately US$9.8 million as ETH approaches US$1,900.
US national debt is approaching $40 trillion, increasing focus on the country’s borrowing and fiscal outlook.
Solana co-founder Anatoly Yakovenko proposed minting extra Solana (CRYPTO:SOL) to fund a company acquisition.
Anthony Scaramucci said Bitcoin (CRYPTO:BTC) remains in a bear market but has shown greater resilience than before.
Bitcoin (CRYPTO:BTC) may enter an accumulation phase between September and November, according to VanEck.
Polymarket US processed its first multi-leg sports trade on August 5, generating $7.4 million in volume.
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