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Bitcoin’s $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled
Bitcoin’s sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Key Takeaways Bitcoin surged towards $70,000 after the U.S. Treasury doubled its bond buybacks to $4 billion. Over $1.9 billion in liquidations occurred within 24 hours, while Strategy jumped over 11%.
Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million
Image by CryptoSlate DEFI holders await a late-August cash payout that may vary with closing costs and Bitcoin prices after NYSE Arca trading ended Aug. 17. Editor-in-Chief CryptoSlate Hashdex ended DEFI trading on Aug. 17 and will liquidate the fund, leaving holders awaiting a cash distribution. U.S. Bitcoin ETFs logged provisional $189.3 million of Aug.
Bitcoin is a “Cheat Code” to Retire Without Selling, Analyst Explains Why
Bitcoin functions as a genuine cheat code for retiring without ever selling, according to analyst and entrepreneur Mark Moss, who laid out that thesis in a recent Coin Stories podcast interview. His central thesis runs counter to conventional wisdom. The goal should never be to sell Bitcoin to fund a lifestyle...
Scientists Discover New Property of Immune Cells – “Like Guided Missiles”
Science & Nature Infants are given protection against bacteria that cause diseases. Researchers from The University of Texas Health Science Center at San Antonio...
Physicists Discover Giant Magnetoresistance in Graphene
Science & Nature Record-high magnetoresistance appears in graphene under ambient conditions, according to new research led by the University of Manchester.
The post Physicists Discover...
Astronomers Discover Ultramassive Black Hole in Abell 1201
The newly-discovered ultramassive black hole has a mass of 32.7 billion solar masses and resides in the center of Abell 1201 BCG, a massive...
Researchers discover biomarkers that could predict future allergic conditions
Credit: Journal of Allergy and Clinical Immunology (2023). DOI: 10.1016/j.jaci.2023.02.013 Researchers at National Jewish Health have identified an immune and lipid profile on the surface of the skin of infants that can predict the development of atopic dermatitis, or eczema, months before the onset of clinical illness. Atopic dermatitis affects 20-30% of children worldwide. Atopic
Astronomers Discover Earth-Mass Exoplanet in Habitable Zone of Wolf 1069
Wolf 1069b is the sixth closest Earth-mass exoplanet situated in the conservative habitable zone of its parent star, after Proxima Centauri b, Gliese 1061d,...
Scientists discover ring around dwarf planet but can’t explain it
TechSpot is about to celebrate its 25th anniversary. TechSpot means tech analysis and advice you can trust. The big picture: Aside from Saturn's iconic rings, several other planets also possess rings. Scientists still don't fully understand their properties or how they form, and a recent discovery seriously challenges what they thought they knew. Dwarf planet Quaoar (pronounced
Astronomers Discover Ring around Trans-Neptunian Object Quaoar
The newly-detected ring orbits at 7.4 radii from Quaoar -- much further away from the object than the rings around Saturn.
The post Astronomers Discover Ring...
Will an AI Be the First to Discover Alien Life?
SETI, the search for extraterrestrial intelligence, is deploying machine-learning algorithms that filter out Earthly interference and spot signals humans might miss...
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Bitcoin's
Bitcoin’s $70K Rip Vaporizes $1.9B as Shorts Get Steamrolled
Bitcoin’s sudden price surge on Wednesday caused over $1.9 billion in total market liquidations within 24 hours, heavily liquidating $1.74 billion in short positions. Key Takeaways Bitcoin surged towards $70,000 after the U.S. Treasury doubled its bond buybacks to $4 billion. Over $1.9 billion in liquidations occurred within 24 hours, while Strategy jumped over 11%.
Hashdex
Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million
Image by CryptoSlate DEFI holders await a late-August cash payout that may vary with closing costs and Bitcoin prices after NYSE Arca trading ended Aug. 17. Editor-in-Chief CryptoSlate Hashdex ended DEFI trading on Aug. 17 and will liquidate the fund, leaving holders awaiting a cash distribution. U.S. Bitcoin ETFs logged provisional $189.3 million of Aug.
Bitcoin
Bitcoin is a “Cheat Code” to Retire Without Selling, Analyst Explains Why
Bitcoin functions as a genuine cheat code for retiring without ever selling, according to analyst and entrepreneur Mark Moss, who laid out that thesis in a recent Coin Stories podcast interview. His central thesis runs counter to conventional wisdom. The goal should never be to sell Bitcoin to fund a lifestyle...
governments
Governments worldwide are way behind on AI, says Bill Gates
Governments worldwide are way behind on AI, says Bill Gates
Garlinghouse
XRP News: Ripple CEO Brad Garlinghouse Says CLARITY Act Trades ‘Weren’t Small’
The post XRP News: Ripple CEO Brad Garlinghouse Says CLARITY Act Trades ‘Weren’t Small’ appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse pushed back Sunday on the idea that the CLARITY Act represents a watered-down compromise, responding to Treasury Secretary Scott Bessent’s public reaffirmation of support for the bill...
