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
Synopsis Bitwise CIO Matt Hougan believes Bitcoin may be nearing a market bottom, citing subdued trading, investor apathy and a lack of sellers. He sees potential for upside volatility and remains optimistic about Bitcoin’s performance through year-end as the cryptocurrency trades near $71,647. Listen to this article in summarized format Reuters Bitwise CIO Matt Hougan
Key takeaways Pi Network trades at $0.09 after recording three consecutive bullish daily closes earlier this week. Expanded US Treasury bond buybacks have improved risk appetite and pushed Bitcoin toward $70,000, but PI continues to underperform. The token must break above the psychological $0.1000 level and the 50% Fibonacci retracement at $0.1022 to extend its
Bitcoin traded at US$68,995 (AU$97,283) at 03:10 UTC on Thursday, up 7.38% over 24 hours with a session high of US$69,892, CoinGecko data shows. The 30-year Treasury yield closed at 5.19% on Wednesday against 5.28% a day earlier, and the 10-year at 4.65% against 4.71%. Treasury said it will at least double the size of
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
Synopsis Bitwise CIO Matt Hougan believes Bitcoin may be nearing a market bottom, citing subdued trading, investor apathy and a lack of sellers. He sees potential for upside volatility and remains optimistic about Bitcoin’s performance through year-end as the cryptocurrency trades near $71,647. Listen to this article in summarized format Reuters Bitwise CIO Matt Hougan
Key takeaways Pi Network trades at $0.09 after recording three consecutive bullish daily closes earlier this week. Expanded US Treasury bond buybacks have improved risk appetite and pushed Bitcoin toward $70,000, but PI continues to underperform. The token must break above the psychological $0.1000 level and the 50% Fibonacci retracement at $0.1022 to extend its
Bitcoin traded at US$68,995 (AU$97,283) at 03:10 UTC on Thursday, up 7.38% over 24 hours with a session high of US$69,892, CoinGecko data shows. The 30-year Treasury yield closed at 5.19% on Wednesday against 5.28% a day earlier, and the 10-year at 4.65% against 4.71%. Treasury said it will at least double the size of
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher. Aug 19, 2026, 6:26 p.m. ET BTC briefly hits $70k on Coinbase. (TradingView) Bitcoin briefly climbed to $70,000 for the first time in 11 weeks, as improving liquidity and optimism around U.S. crypto legislation supported the rally. The
A Whangārei beauty salon owner says her business may face trouble if she cannot find a way to keep her siblings in the country. Anna Vu owns AV Beauty Spa, and has worked in the city for 12 years. She said she had always struggled to find suitably skilled nail technicians and beauty staff and
Working 60+ hours a week makes owners twelve times more likely to say their business is hurting their personal life. Australian small business owners are working through illness, skipping holidays and struggling to step away from their businesses, according to new research from insurer BizCover. The survey of 1,500 BizCover small business customers found more
Friday 17 July, 2026 Young Cumbrian entrepreneurs showed off their innovative business ideas, from AI virtual assistants to African food, at two celebration events this week. Fifteen young people from Furness and West Cumbria aged 14 to 25 were selected to take part in the Positive Enterprise programme back in January...