Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.…
Elon Musk's X is exploring stablecoins to pay influencers and content providers
Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers. Source：CoinDesk
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather…
Bitcoin approaches $72,000 as Strategy and Coinbase continue rally
Bitcoin has gained 15% since monday, reclaiming several key technical and onchain levels as bullish momentum builds. Source：CoinDesk
Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million in biggest inflows in months
Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in…
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pensionusdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price…
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in…
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Every major except tron posted doubledigit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.…
Bitcoin briefly hits $70,000 for the first time since June. Here is why
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent cryptorelated assets higher. Source：CoinDesk
HYPE jumps 11% as Trump says CFTC is working to bring Hyperliquid to U.S.
During a White House meeting Wednesday, President Donald Trump said CFTC Chair Mike Selig is working to bring the perpetual futures platform into the U.S.…
Trump pushes Congress to move on Clarity Act during White House crypto event
The CEOs from companies across several techforward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.…
Crypto campaign fund Fairshake faces $2 million setback in Florida primaries
In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.…