Short Squeeze Pushes BTC Past $85,000, Crushing $648 Million Shorts
Bitcoin surged past $85,000 as a short squeeze forced $648 million in bearish bets to close, while open interest climbed 7.6% to $156 billion.
-
-
Bitcoin Slides Below $76,000 as Senate Blocks Crypto Market Bill
Bitcoin fell toward $76,000 and XRP dropped nearly 10% after a Senate cloture vote on the CLARITY Act failed 49-50 on Wednesday.
-
Circle’s CirBTC Turns Bitcoin Into Collateral on Its Own Rails
Circle launched cirBTC, a tokenized Bitcoin product for its Arc network, aiming to turn dormant BTC supply into usable stablecoin collateral.
-
Bitcoin Suisse Cuts 60 Jobs in Devastating Global Overhaul
Bitcoin Suisse will cut up to 60 of 120 Swiss jobs and close its Copenhagen site as it shifts technology work to international hubs.
-
Bitcoin, Ethereum Quantum Attack Estimates Cut More Than 50%
Quantum attack estimate for Bitcoin and Ethereum fell more than 50% after AI agents beat Google’s March benchmark, bringing risks closer.
-
Tom Lee Issues Bold $6000 Ethereum Target With $150000 Bitcoin Condition
Tom Lee says Ethereum hits $6,000 by December, but only if Bitcoin reaches $150,000 first, a call tied to Bitmine’s 3.73 million ETH holdings.
-
Bitcoin ETF Inflows Surge Past $987 Million in a Week
Bitcoin ETF inflows hit $987 million in a week, capping the strongest month since Sept. 2025 as institutional demand for spot funds rebounds.
-
El Salvador’s Bitcoin Law Hits Its First Reversal as IMF Pressure Halts Purchases
El Salvador halts state Bitcoin purchases and hands $632 million in reserves to a private operator, reversing course under IMF pressure.
-
Standard Chartered Becomes First Bank to Offer Bitcoin SPOT Trading
Standard Chartered launched institutional bitcoin spot trading in the UAE on Thursday, becoming the first global systemically important bank to offer it.
-
Bitcoin’s $70,000 Surge Started Outside Crypto, And Traders Missed The Real Trigger
Bitcoin’s (BTC) jump toward $70,000 began with a shift in the U.S. bond market before ETF inflows and forced short liquidations turned the move into a sharp crypto rally. The first trigger came from the U.S. Treasury’s decision to increase long-end bond buybacks. The department moved to at least double the size of liquidity support…
