Bitcoin surged from below $60,000 to nearly $63,800 over the weekend, causing a $504 million loss for traders betting against it—the biggest daily short squeeze since April. Total crypto liquidations hit $655 million, affecting over 104,000 traders, with bitcoin and ether positions leading forced closures. The rebound followed a sharp 14% drop last week, influenced by Strategy's bitcoin sale, AI stock declines, and ETF outflows. However, renewed Iran-Israel conflict pulled bitcoin back to around $62,900 on Monday, with volatility expected to continue ahead of key U.S. inflation data and major IPOs like SpaceX.
Michael Saylor, known for his Bitcoin bullishness, posted a cryptic "32?" on social media after selling 32 BTC, leading to speculation that he plans a large buy-the-dip move. Critics suggest the sale was a misdirection and predict a Bitcoin price cra...
Hunter Biden publicly supports Bitcoin and blockchain art, accepting Bitcoin as payment for his artwork and issuing blockchain-based certificates of authenticity. He praised artist Beeple and credited the book 'The Internet of Money' for shaping his ...
Bitcoin fell to around $62,900 after renewed military conflict between Iran and Israel triggered a sharp decline in Asian stocks and a spike in oil prices. The geopolitical tensions ended a fragile ceasefire, pushing oil prices up over 3% and causing...
Bitcoin surged above $80,000 in early May but then dropped below $60,000 before rebounding to $62,000, raising questions about its traditional 4-year cycle. Galaxy CEO Michael Novogratz argues that Bitcoin isn’t dead but the 4-year cycle may no longe...
Bitcoin has stabilized near $61,000 after a major drop but remains below key moving averages, signaling cautious recovery potential. Ethereum and XRP continue to face downward pressure, trading below major averages and showing oversold conditions tha...
