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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...

Capital.com UK Revenue Halves as Group Moves Staff to Separate Entity

2026-08-28T20:27:50.732+02:00 F r i d a y , 2 8 / 0 8 / 2 0 2 6 | 1 8 : 2 7 G M T by Tanya Chepkova Capital Com (UK) Limited’s net trading revenue fell 54% to £18.8 million in 2025, while profit for the year dropped to £1.49 million from £4.45

HCL Tech Q1 preview: Revenue may dip QoQ; net profit could rise on currency depreciation

HCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit growth but sequential revenue weakness. Investors will closely watch AI-led demand, margins, deal wins and any changes to t…

Sony Pictures Revenue Drops 13% in June Quarter, Music Segment Sales Jump 21%

Sony Pictures Entertainment posted a sales decline for the June 2026 quarter, offset by growth at Crunchyroll, while Sony’s music segment saw revenue increase 21%. The PlayStation games unit had flat sales for the period and a 37% increase in operating income driven by U.S. tariff refunds. Revenue for Sony Pictures for the quarter ended

Nigeria’s oil revenue falls N7.88 trillion below budget target

Nigeria’s oil revenue performance fell significantly below budget expectations in the third quarter of 2025, demonstrating the country’s continued fiscal vulnerability despite modest improvements in actual oil receipts.  The post Nigeria’s oil revenue falls N7.88 trillion below budget target appeared first on Nairametrics...

I Saw a $40M Revenue Business Say No to a Peak Exit — and Watched Its Valuation Get Cut in Half After “One More...

Opinions expressed by Entrepreneur contributors are their own. Many entrepreneurs experience a moment when their company reaches peak value. The challenge is that the moment rarely lasts long, and most founders don’t recognize it while they’re still inside it. Many founders assume value builds in a straight line. You grow revenue, scale operations and eventually

YouTube’s Ad Revenue Exceeds That of Its Four Largest Traditional Media Competitors Combined

Photo Credit: Alexander ShatovYouTube generates more ad revenue than Disney, NBC, Paramount, and Warner Bros. Discovery combined, and dwarfs its rivals in TV viewership.New...

Flutter Q1 revenue rises 14% as Brazil surge offsets US slowdown

Revenue generated by Flutter Entertainment for the first quarter of 2026 reached $4.30 billion; an increase of 14% compared to Q1 2025. This impressive year-on-year growth was primarily driven by rapid growth in Brazil, as well as the solid international performance of the business, which helped offset some of the softer momentum shown in the

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million. The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9 million from $142.9 million in Q1 2025, driven by lower average Bitcoin prices and

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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...

Governments worldwide are way behind on AI, says Bill Gates

Governments worldwide are way behind on AI, says Bill Gates

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...