Bitcoin is back breaking through $90,000, but today, the focus is on $62,000. And it is not because the price of the leading cryptocurrency might drop there. The reason is that one of the most important on-chain metrics has resurfaced for the first time in months. CryptoQuant analysts are talking about the Binance Reserve Realized
Early Wednesday, Bitcoin triggered a leveraged massacre, climbing just 0.88% — but breaching $90,000 in the process — and setting off one of the most asymmetric liquidation events of 2026. According to CoinGlass, $4,640 in longs were liquidated for every $6.63 million in shorts, creating an hourly imbalance of 142,580%. On the surface, the price
Five years after Robinhood (HOOD) stunned users by halting trades on GameStop (GME) and other meme stocks, CEO Vlad Tenev says blockchain-based shares could help make sure it never happens again. In a post on X marking the anniversary of the January 2021 trading freeze, Tenev blamed the chaos not on bad actors, but on
Although Bitcoin is moving toward a major price resurgence as bullish momentum returns to the crypto market, recent data from on-chain analytics platform Cryptoquant shows that retail investor participation is fading rapidly. While this suggests that the ongoing price stabilization and broader crypto market recovery are masking a growing weakness beneath the surface, market analysts
In the Bitcoin (BTC) and cryptocurrency market, all eyes are on today’s FED meeting and the FED chairman’s statements. Accordingly, the Fed will announce its first interest rate decision of 2026 tomorrow, followed by an oral statement from Fed Chairman Jerome Powell. Following three consecutive interest rate cuts that began in September last year, the
Strive, backed by Vivek Ramaswamy, has added about 334 Bitcoin to its portfolio, bringing total holdings to 13,132 BTC, worth around $1.2 billion, the company announced Wednesday. The purchase pushes Strive ahead of CleanSpark to become the 10th-largest holder of Bitcoin, according to BitcoinTreasuries.NET. The acquisition came after Strive closed an upsized follow-on offering, which
Amazon is cutting approximately 16,000 jobs across the company, marking its second major round of layoffs in three months as the tech giant works to streamline operations and focus resources on artificial intelligence initiatives. Beth Galetti, who leads People Experience and Technology at Amazon, told employees the reductions were the result of organizational changes that
Citrea, a Bitcoin-focused application platform backed by Peter Thiel’s Founders Fund and Galaxy Ventures, has unveiled its mainnet, opening the door for bitcoin to be used more directly across lending, trading and U.S. dollar settlement, according to an announcement on Tuesday. The debut also includes ctUSD, a native stablecoin fully backed by short-term U.S. Treasury
Bitcoin treasury company Strive (ASST) now has less debt and more bitcoin on its books after raising $225 million via an offering of its SATA preferred stock. With more than $600 million in orders, according to a press release, the offering was upsized from an initially targeted $150 million. The proceeds and exchanges enabled Strive
Kalshi, the prediction site known for turning headlines into tradable bets, is now being taken seriously by economists. A new study shows that Kalshi’s forecasts on Fed interest rates and economic numbers are just as accurate as the ones coming from Wall Street. The paper tracked data from 2022 through June 2024 and was written