Bitcoin
Bitcoin Faces $2.6 Billion Short Squeeze Risk as Bearish Bets Cluster
Bitcoin (BTC) is flashing a potentially unstable setup: as the price slid toward the low-$60,000s, bearish traders piled into leveraged shorts—creating what derivatives data suggests could become a $2.6 billion 'short squeeze' trigger if BTC reclaims the mid-$60,000 range. The latest leg down accelerated late last week.
Bitcoin reclaims $63,000 in ‘oversold relief rally'; South Korea's KOSPI plunges 8%
Presto's Min Jung told The Block that KOSPI's crash may have had some impact on bitcoin's recovery, but not substantially.
‘Bitcoin isn't dead' – Novogratz weighs in as BTC rebounds to $62K
Here's why the current drawdown in the market should not scare away crypto investors.
Grayscale Warns Strategy May Struggle to Keep Buying Bitcoin
Strategy's bitcoin buying model is facing new scrutiny after Grayscale warned that current share prices could limit future accumulation. The concern followed a bitcoin sale, STRC dividend pressure, and questions over whether Strategy can keep funding purchases without stronger investor demand.
Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit
The reactivation of dormant Bitcoin wallets challenges the application of traditional property laws to decentralized digital assets. Satoshi-era Bitcoin wallet moves 15 BTC after 14 years of silence, complicating a $285 billion lawsuit.
1,878 BTC Moves Onchain as Noah Doe's Declaratory Judgment Bid Unravels
After a judge halted a default judgment Friday in the New York Supreme Court case Noah Doe v. John Does 1-39,069, several onchain wallets linked to the litigation have sprung into motion. On Sunday, Galaxy Research identified a wallet dormant since 2019 that transferred 1,878.5711 BTC, valued at $114.
Strategy's $100 peg breaks – Is Bitcoin losing its biggest demand driver?
STRC dropped below $100, breaking Michael Saylor's $100-per-Bitcoin strategy.
Bitcoin Price Fights Back—Is The Worst Finally Over?
Bitcoin price started a recovery wave above the $62,000 zone. BTC is consolidating and might aim for more gains if it clears the $64,500 resistance zone.
Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next?
After days of steep downward movement, the price of Bitcoin appears to have found a somewhat reliable anchor around the $60,000 region. However, recent on-chain data suggests that the premier cryptocurrency might not be down for long, with a bullish reversal seemingly on the cards.
OKX BTC perp funding hits -453%, shorts face brutal daily bleed
The extreme funding rates on OKX could trigger a market shift, forcing shorts to capitulate or risk significant losses, impacting broader crypto sentiment. OKX BTC perp funding hits -453%, shorts face brutal daily bleed.
Bitcoin Tops $61,800 as Ethereum Outperforms, Altcoin Rotation Signals Emerge
Cryptocurrency prices moved broadly higher early Sunday ET, with Bitcoin (BTC) pushing above $61,800 and Ethereum (ETH) outperforming as the market leaned into a modest ‘risk-on' rotation. The gains signaled improving sentiment across majors and large-cap altcoins, even as overall trading activity cooled—raising questions about how durable the bounce will be.
New York Court Halts Bitcoin Wallet Lawsuit, Schedules July 14 Hearing on Amicus Brief
Justice King stays proceedings on suit claiming 39,069 dormant wallets worth $234B in bitcoin
