Trump Media & Technology Group reported a $238.1 million net loss in Q2 2026, largely due to $190.4 million in unrealized losses on digital assets and securities. Despite an 89% revenue increase to $1.67 million driven by advertising and subscriptions, the company faced significant investment portfolio declines, especially in Bitcoin and Cronos holdings. Trump Media plans a "more disciplined" digital asset treasury strategy to reduce volatility and improve asset productivity, following the termination of a major crypto venture. The company also increased its Bitcoin holdings to 14,139 BTC by July 31 and is preparing for a potential merger with TAE Technologies in late 2026.
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Bitcoin fell nearly 2% to below $77,000 following renewed geopolitical tensions from Trump-ordered strikes on Iran's Qeshm Island, which also pushed oil prices above $106.95 per barrel. The conflict fears triggered a risk-off sentiment, causing $382 ...
A trader closed long positions in Bitcoin, Hyperliquid, and Zcash at a combined loss of about $6.09 million over six hours. Subsequently, the trader opened new long positions in Ether and Hyperliquid valued at approximately $42.9 million, with Ether ...
AguilaTrades opened a 40x leveraged short position on Bitcoin worth about $7.19 million, covering 93.67 BTC with a liquidation price near $77,435. This move follows previous losses exceeding $38 million and multiple forced liquidations. A short posit...
Bitcoin's near-term price support is identified between $76,000 and $76,600 ahead of the U.S. midterm elections on Nov. 3, with resistance at $79,500 to $80,500. If Bitcoin falls below support, key moving averages at $75,700 and $73,100 may act as fu...
