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Bitcoin price hits $66K amid high leverage, raising concerns over sustainability due to low spot demand.

Market News
22 Jul 2026
Crypto Briefing
View Source
Neutral
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Bitcoin surged past $66,000, reaching levels not seen in recent months. However, this rally is driven largely by high leverage in derivatives rather than strong spot market demand, raising concerns about its sustainability. The 24-hour trading volume stood at around $31 billion, but subdued spot volume suggests potential volatility if leveraged positions unwind. Market watchers will monitor spot volumes, derivatives leverage, and institutional moves, as well as U.S. regulatory and Federal Reserve actions, to gauge Bitcoin's price stability going forward.

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Kalmar extends service deal with Holmen to maintain 130 mixed-brand machines at Iggesund site.

Kalmar extends service deal with Holmen to maintain 130 mixed-brand machines at Iggesund site.

Kalmar Corporation has extended its Kalmar Complete Care service agreement with Holmen's production site in Iggesund, covering Holmen Board and Paper and Holmen Wood Products. The contract includes maintenance for about 130 mixed-brand units such as ...

Company Fundamentals
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National coalition promotes Supportive Cancer Care as essential, ringing Nasdaq closing bell to raise awareness.

National coalition promotes Supportive Cancer Care as essential, ringing Nasdaq closing bell to raise awareness.

Members of Together for Supportive Cancer Care, a coalition of over 40 organizations, rang the Nasdaq closing bell to highlight the importance of Supportive Cancer Care in the U.S. This care approach addresses not only cancer treatment but also emoti...

Market News
Neutral
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Glow raises $180M at $1.2B valuation to revolutionize AI-era endpoint security with prevention-first tech.

Glow raises $180M at $1.2B valuation to revolutionize AI-era endpoint security with prevention-first tech.

Glow, an AI-powered endpoint security startup, announced $180 million in funding at a $1.2 billion valuation. Founded by former Meta, Snowflake, and Claroty executives, Glow aims to transform endpoint security by using AI to prevent threats before th...

Others
Bullish
2 hours ago
Canadians face inflation pressures despite modest financial improvements, with cautious spending and credit use.

Canadians face inflation pressures despite modest financial improvements, with cautious spending and credit use.

A recent TransUnion Canada survey reveals that while Canadians show modest financial improvement and increased optimism, inflation remains a top concern for 86% of respondents. Half report incomes not keeping pace with rising costs, leading 51% to cu...

Market News
Neutral
2 hours ago
New report reveals gaps in K-12 student success efforts and highlights effective models driving real impact.

New report reveals gaps in K-12 student success efforts and highlights effective models driving real impact.

Tyton Partners released a report identifying where K-12 student success initiatives fall short and which approaches deliver results. Despite widespread adoption of student success frameworks, only a small fraction of districts effectively use them in...

Others
Neutral
2 hours ago
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