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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%.

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 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

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...