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Bitcoin faces potential major liquidation as shorts double longs amid easing macro pressures.

Market News
17 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Bitcoin's open interest has reached an 8-month high, with $10 billion in potential short liquidations compared to $5.6 billion in long liquidations. Despite little price movement, leverage is increasing, indicating aggressive market positioning. With key macroeconomic events this week and easing fears of a rate hike, fresh capital could flow into crypto, potentially triggering a significant short squeeze and one of the largest liquidation events of the cycle.

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BitFuFu Q2 2026 earnings miss as Bitcoin mining revenue drops 63% amid market challenges

BitFuFu Q2 2026 earnings miss as Bitcoin mining revenue drops 63% amid market challenges

BitFuFu Inc. reported a Q2 2026 earnings per share of -$0.02, missing estimates and showing a 100% earnings surprise. Revenue fell 62.9% year-over-year to $42.8 million, driven by a 27.5% drop in Bitcoin price and lower demand for cloud mining, resul...

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DUOT shifts to AI data centers with $500M deal, posts stable Q2 earnings meeting expectations

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Company Fundamentals
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Freightos beats Q2 earnings estimates with record $7.7M revenue and narrows EBITDA loss.

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Freightos Limited reported Q2 results surpassing expectations with an EPS of -$0.03 versus -$0.05 expected and record revenue of $7.7 million, driven by a 19% increase in core platform revenue. The company narrowed its adjusted EBITDA loss to $2 mill...

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