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Bitcoin drops 3.21% amid profit-taking and weak spot demand, with $373M liquidated.

Market News
13 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin fell 3.21% after failing to break the $64.6k resistance, triggering $373.58 million in liquidations including $107.32 million in Bitcoin longs and shorts. The decline reflects a market correction driven by weak spot demand despite rising derivatives activity, as investors take profits and reduce leverage. Stablecoin reserves on Binance suggest buyers are waiting for a deeper price drop near $42,429 before re-entering. This measured sell-off is not panic-driven but signals cautious market sentiment and potential volatility ahead.

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Lands' End grants CEO Charlie Cole stock units and options as part of his new role inducement.

Lands' End grants CEO Charlie Cole stock units and options as part of his new role inducement.

Lands' End awarded CEO Charlie Cole inducement grants including 109,361 restricted stock units and options for 166,018 shares at $11.43 each, vesting over three years. These grants are outside shareholder-approved plans and aim to incentivize his lea...

Company Fundamentals
Neutral
59 minutes ago
Canon unveils next-gen varioPRESS iV7 inkjet press in the U.S., boosting digital print productivity.

Canon unveils next-gen varioPRESS iV7 inkjet press in the U.S., boosting digital print productivity.

Canon U.S.A. revealed its next-generation varioPRESS iV7 B2+ sheetfed inkjet press at the thINK Ahead 2026 conference, marking its first U.S. live demonstration. The varioPRESS iV7 offers high-speed printing up to 8,700 B2 sheets per hour, bridging t...

Others
Bullish
2 hours ago
US Department of War suspends costly CMMC Phase II cybersecurity rules for small defense contractors.

US Department of War suspends costly CMMC Phase II cybersecurity rules for small defense contractors.

The U.S. Department of War has suspended the Cybersecurity Maturity Model Certification (CMMC) Phase II requirements originally set for November 2026, following concerns from small defense contractors about high compliance costs and bureaucratic burd...

Market News
Neutral
2 hours ago
AI use in cybersecurity jumps to 78% in 2026, but governance and failures lag behind.

AI use in cybersecurity jumps to 78% in 2026, but governance and failures lag behind.

The 2026 SANS AI Survey reveals rapid AI adoption in cybersecurity, with 78% of organizations using AI, up from 50% last year. However, governance structures and formal audit frameworks have not kept pace, leading to increased AI-related failures in ...

Market News
Neutral
3 hours ago
Oak Valley Community Bank hires Joel Burns as VP, Commercial Banking Officer to boost commercial and agricultural lending.

Oak Valley Community Bank hires Joel Burns as VP, Commercial Banking Officer to boost commercial and agricultural lending.

Oak Valley Community Bank has appointed Joel Burns as Vice President, Commercial Banking Officer at its Lodi branch. Burns brings 25 years of experience in commercial banking, focusing on relationship management and business lending, particularly for...

Market News
Bullish
4 hours ago
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