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Bitcoin drops below $77K, wiping out $547M in leveraged long positions amid sharp pullback.

Market News
28 Aug 2026
Crypto Briefing
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Bearish
pluang ai news

Bitcoin fell about 3% on August 22, sliding from nearly $79,500 to around $77,000. This decline triggered forced liquidations totaling approximately $547 million, mostly impacting traders who used high leverage betting on further price gains. The recent rally from $64,000 had encouraged momentum traders to enter with risky leverage levels up to 50x, making them vulnerable to sharp price moves. Going forward, monitoring leverage and open interest ratios will be crucial to anticipate similar forced sell-offs.

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Datadog CEO sells 47,054 shares worth $11.1M in a major stock transaction

Datadog CEO sells 47,054 shares worth $11.1M in a major stock transaction

Datadog CEO Olivier Pomel sold 47,054 shares of the company's stock, totaling $11.1 million. This significant sale could indicate personal financial planning or portfolio rebalancing. Investors may watch for any further insider transactions or compan...

Market News
Bearish
1 hour ago
Trump's investment team bought up to $5M in three top stocks in June, per financial disclosure.

Trump's investment team bought up to $5M in three top stocks in June, per financial disclosure.

In June 2026, President Donald Trump's investment team purchased up to $5 million worth of shares in three high-performing stocks, according to his latest financial disclosure. This move highlights the team's confidence in these companies amid a dyna...

Analyst Insights
Bullish
1 hour ago
Nexa Resources acquisition by Boliden faces legal review over board's shareholder duties.

Nexa Resources acquisition by Boliden faces legal review over board's shareholder duties.

Boliden AB plans to acquire Nexa Resources S.A. for $1.3 billion, boosting Nexa's stock target to $15.00 by Scotiabank, signaling a 10.38% potential gain. However, the deal is under legal scrutiny by Halper Sadeh LLC, which is investigating whether N...

Market News
Neutral
1 hour ago
Toronto-Dominion Bank posts strong Q3 profit and plans 100 new U.S. branches

Toronto-Dominion Bank posts strong Q3 profit and plans 100 new U.S. branches

Toronto-Dominion Bank reported a strong Q3 with profit rising to $4.60 billion and revenue increasing to $16.89 billion, surpassing market expectations. The bank improved credit health by reducing provisions for credit losses and received an "Outperf...

Company Fundamentals
Bullish
1 hour ago
Bilibili posts strong Q2 growth, profit; price target raised to $29, up 75%.

Bilibili posts strong Q2 growth, profit; price target raised to $29, up 75%.

Bilibili reported strong Q2 2026 results with an 8% revenue increase to RMB 7.9 billion and a 55% surge in net profit to RMB 339 million. The platform added 8 million new daily active users and saw a 14% rise in user engagement, highlighting its grow...

Company Fundamentals
Bullish
2 hours ago
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