Doctor Profit has reopened short positions on Bitcoin in the price range of $86,500 to $89,500, including significant orders between $88,000 and $89,500. This move follows his previous large short position near Bitcoin's peak at $124,000 last year, which he closed around the $60,000 level. After the market dip to near $60,000, he shifted to buying spot Bitcoin but has now returned to shorting about a year later. This indicates a cautious or bearish outlook on Bitcoin's near-term price movements.
Doctor Profit's renewed Bitcoin short positions provide context for cryptocurrency market trends. For readers following crypto, here is Pluang's market snapshot as of Oct 07, 2026 17:22 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable movers include ENJ at Rp533 with a 9.92% decline and a typical hold time of 104 days, EGLD at Rp72,757 down 9.87%, and DOT at Rp19,951 down 9.32%, with Pluang order activity heavily skewed towards selling on these assets.
Tether has signed a memorandum of understanding with Kazakhstan's National Bank and Alatau City Authority to explore a tenge-pegged stablecoin pilot and asset tokenization using Tether's Hadron platform. Kazakhstan already regulates stablecoins and t...
Evernorth's Nasdaq listing, representing shares in a Ripple-backed XRP treasury vehicle called XRPN, has been delayed from Oct 8 to Oct 12 due to an administrative delay. The business combination with Armada Acquisition Corp. II will close around Oct...
Fintech firm Metallicus has launched an alpha version of DogecoinVM on the Metal Blockchain mainnet, increasing Dogecoin transaction speed by 300 times. This improvement addresses Elon Musk's 2021 call to scale Dogecoin for global payments without al...
Realty Income, known for its reliable monthly dividends, joined the S&P 500 Dividend Aristocrats in 2020, a milestone often seen as a quality stamp. However, investors who bought at that time have seen almost no total return after more than six years...
On October 7, 2026, approximately $608 million in leveraged crypto positions were liquidated, with Ether longs suffering the majority of losses. The largest single liquidation was a $26.64 million position on Binance's ETHUSDC pair. This event was dr...
