High leverage in crypto trading amplifies volatility, leading to significant market disruptions and potential financial instability for traders. Bitcoin falls below $77,000 as $547M in leveraged positions get wiped out.
The brokerage will expand Schwab Crypto trading to Solana, Avalanche, and Chainlink, but has not given a launch date for the three tokens.
Bitcoin fell below $77K after Kevin Warsh revived rate-hike fears, lifting Treasury yields and the dollar while pressuring crypto.
Pakistan's move to establish a national Bitcoin reserve could enhance financial inclusion and economic resilience amid global digital shifts. Pakistan's crypto chief makes the case for a national Bitcoin reserve.
Bitcoin has just returned a clear majority of its supply to profit. After rising from about 62,000 dollars to almost 80,000 in one week, 69% of the circulating BTC now show a value higher than their on-chain reference level.
Strategy's two-week pause in Bitcoin sales has removed a three-month sentiment barrier after the company disposed of 6,948 BTC between late May and early August, according to Bitfinex analysts. Bitfinex analysts said in an Aug.
U.S. data center bottlenecks push Bitcoin miners deeper into AI as crypto inflows accelerate
AI cloud revenue topped Bitcoin mining for the first time as IREN accelerated its data center conversion.
The shift to Bitcoin and Ethereum highlights market caution, but the quick altcoin rebound suggests ongoing volatility and speculative dynamics. Binance futures traders ditch altcoins for Bitcoin and Ethereum as volume concentration shifts sharply.
Bitcoin and ether ETFs extended their inflow streaks to nine sessions on Thursday, attracting $242.24 million and $234.51 million, respectively. Solana, HYPE and XRP funds also posted strong gains as crypto ETF demand broadened across the market. Bitcoin, Ether ETFs Add $476.75M as 9-Day Streak Extends The late-August rally kept drawing fresh institutional money.
Metaplanet has transferred 1,350 Bitcoin worth about $108 million to Coinbase Prime as BTC struggles to establish a firm break above $80,000. Metaplanet sends another 1,350 BTC to Coinbase Prime Lookonchain reported on Aug.
Metaplanet transferred 1,350 BTC to Coinbase Prime Custody, sparking speculation about a possible sale of its 43,000 BTC treasury. MTPLF closed above $2 with an average buy rating, though it has accumulated a 22% decline so far this year. Super League Enterprise, Metaplanet's U.S. vehicle, stabilized its gains around $3.