Crypto short squeeze wipes $648M in bets; open interest jumps 7.6%
Short squeeze liquidated $648M in crypto shorts; open interest rose 7.6%. Data sources and caveats explained.
Bitcoin, Ethereum and the wider digital asset market: price action, on-chain flows, protocol upgrades and institutional adoption.
Short squeeze liquidated $648M in crypto shorts; open interest rose 7.6%. Data sources and caveats explained.
Bitcoin traded at $86,423 as Tom Lee and iTrustCapital CEO Kevin Maloney said the worst is over, despite a rate hike and failed crypto bill.
Bitcoin ETFs attracted $999 million on Monday, the largest daily inflow since October 6.
A Kalshi bot making repetitive trades on a Mamdani market has stopped, following wash trading allegations and analysis.
Bitcoin crossed its 365-day moving average, signaling the end of the bear market, as the debasement trade returns and US debt surpassed $40 trillion.
Strategy CEO says Jamie Dimon supports Bitcoin in private; JPMorgan's crypto moves show growing institutional interest.
Strategy repurchased 5,553 BTC at roughly $18,000 more per coin than it sold them for this summer, costing over $100 million in missed gains, with 1,363 BTC…
White hats transferred 52.37 Bitcoin worth over $4.5 million from hacked Coldcard devices to a Wyoming recovery trust.
Bitwise NEAR ETP tops $100M, driven by NEAR's 135% price surge, not new investor demand.
Bloomberg says federal prosecutors are examining if Binance allowed Iran to circumvent sanctions, with recent DOJ and Treasury actions on Iran-linked crypto.
Logan and Jake Paul's venture fund invests in gambling, AI, drones, and defense, leading to questions about their government access.
Dogwifhat, Pepe, and Dogecoin each broke out of bullish patterns on Monday as Bitcoin hit an eight-month high.
Cardano integrated the x402 payment standard for AI agent payments. ADA gained roughly 4% to hit a four-month high.
Security experts warned iPhone users to update iOS after finding crypto-stealing malware in the FOMO app, which was on Apple's store for a week.
Bitcoin surged nearly 7% on Monday, breaking above a key resistance zone, and now holds above it as profit-taking remains modest.