Bitcoin Surges Past $71,000 as Short Liquidations Top $3 Billion
A sharp rally driven by U.S. Treasury bond buybacks and forced short covering pushed Bitcoin to levels not seen since June, wiping out billions in bearish bets across crypto markets
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Latest updates, press releases, and insights from the volatile world of digital assets.
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SBI Holdings Values Ripple Stake at 6.6 Trillion Yen Amid Record Earnings
Japanese financial group reports strong first-quarter profits while maintaining its major holding in the blockchain payments firm despite weaker XRP prices and crypto market conditions.
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Amazon Posts $62.6 Billion Profit, AWS Growth Hits Fastest Pace in Years on AI Demand
Amazon reported second-quarter revenue of $200.6 billion and a sharp rise in profit, driven by cloud acceleration and a large gain on its Anthropic stake, sending shares higher after the close
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Tether Posts $1.5 Billion Q2 Profit as USDT Supply Expands and Gold Holdings Climb
Stablecoin issuer reports strong earnings from U.S. Treasury holdings, a $4.11 billion reserve surplus, and rising circulation even as the broader market contracts
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Arbitrum Builds Strength Through Robinhood Chain Partnership and Fee Model Changes
Arbitrum has recorded notable price gains following increased activity linked to Robinhood Chain, alongside the rollout of a usage-based pricing system designed to improve transaction cost clarity
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CASHCAT Memecoin Surges Over 1100% After Robinhood CEO Endorsement
CASHCAT, a memecoin on the new Robinhood Chain, experienced rapid gains following a statement from CEO Vlad Tenev, reaching a market cap above $150 million before some pullback
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Strategy Faces Mounting Pressure as MSTR and STRC Hit Multi-Year Lows Amid Bitcoin Decline
Strategy's stocks MSTR and STRC have plunged to new lows alongside a broader Bitcoin selloff, compounded by insider selling, a securities investigation, and questions over investor confidence and dividend sustainability
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Metaplanet Books $725M Q1 Loss on Bitcoin Markdowns While Advancing Japan’s First Bitcoin Perpetual Preferred Shares
Japan’s leading corporate Bitcoin holder reports sharp accounting loss from price volatility but demonstrates strong operational growth and pushes forward with innovative capital-raising instrument
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Bitcoin Loses 245K Holders in 5 Days — Santiment Flags Bullish Setup Amid Social Hype
Sharp retail exodus and record bullish sentiment create classic contrarian opportunity as BTC consolidates near $80K
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