Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger?
Related Posts
XRP’s 45% Crash On Binance: What’s Going On With The Crypto Giant?
XRP’s presence on Binance has undergone a dramatic contraction over the past year, with exchange-held reserves dropping by roughly 45%. This sharp decline has shifted attention away from short-term price fluctuations and toward a deeper structural change in how XRP supply is being managed on the world’s largest crypto exchange. The scale and persistence of […]
Bitcoin Mining Crash: Bitmain Slashes Hardware Costs To Stay Afloat
Based on reports from industry outlets and internal pricing lists, Bitmain has sharply reduced the asking prices for several of its Bitcoin ASIC models, a move tied to falling mining revenue and bloated inventory. Related Reading: Bitcoin’s Long Game Is Winning, Even If The Short Term Looks Messy—CEO The cuts place some high-end units near […]
Ethereum Foundation Program Identifies 100 DPRK-Linked Crypto Workers
An open-source detection tool and an industry-standard identification framework — those were among the outputs of a single researcher working on a six-month stipend. Related Reading: Tether Expands Bitcoin Bet, Holdings Hit $7.2B After $70M Purchase The findings, published by the Ethereum Foundation, came out of a program called ETH Rangers, which was set up […]