Glassnode
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...
Glassnode: ETFs, Macro Trends, and $114 Billion Futures Boom Drive Bitcoin Liquidity
The transformation of Bitcoin (BTC) from speculative novelty to a cornerstone of global finance is gaining momentum, with more than $544 billion in fresh capital flooding the network since late 2022. A new report from Glassnode and Avenir Group has uncovered a “liquidity trifecta” of on-chain dynamics, market microstructure, and macro linkages underpinning the original
Opportunity, or trap? Glassnode on Bitcoin price outlook
Bitcoin’s rally from December lows after the FTX collapse surprised many investors, Glassnode says in its weekly report. Bitcoin could see further upside but a fresh buy signal is likely at prices around $28.3k. Selling pressure above $23.3k is more likely given short-term holders and miner push for exit liquidity...
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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
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...