A trader on the Hyperliquid platform known by the pseudonym Qwatio on X has suffered massive losses after repeatedly shorting Bitcoin (BTC) and Ethereum (ETH) during the recent market upswing. The trader was liquidated five times over the weekend alone, bringing the total number of liquidations to ten in the span of just a few
Adam Back, CEO at Blockstream, who Satoshi Nakamoto corresponded when making Bitcoin, has expressed an ultra-bearish view on BTC’s main rival – gold. This bearish forecast was made as news came out about an asteroid approaching the Earth with a mammoth amount of gold in it. Back commented on his former colleague, Samson Mow’s, tweet
Mai Gang, the first investor of global Chinese toy giant Pop Mart talks about how he holds a ‘special fondness for Bitcoin’ despite the ban on cryptocurrency in his home country. In an interview with Xiao Yuzhu FM, the angel investor of Chinese toy firm Pop Mart famous for its “blind box” marketing strategy talked
The crypto markets started the new week in the green, with altcoins leading the charge Monday morning. Dogecoin was the best performer among the 10 biggest digital assets by market capitalization, up 3.4% at the time of writing. The meme coin’s performance could be linked to the news that billionaire Dogecoin fan Elon Musk is
UK-based pension consultancy firm Cartwright has announced that the country’s first Defined Benefit (DB) pension fund has returned 60% in one year after allocating 3% of its portfolio to Bitcoin. Cartwright stated that with this important development, other institutional customers have also started to show interest in Bitcoin. The firm advised an unnamed British pension
Bitcoin BTC$108,805.90 whales, investors who already hold in excess of 10,000 BTC, are buying up more of the largest cryptocurrency in a sign of confidence in further upside even as the price sits just a few percent below its all-time high around $112,000. The whales have shifted into aggressive accumulation mode over the past few
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The consensus in the bitcoin BTC$108,861.36 market remains bullish even though the price has held above $100,000 every day bar one for two months, with analysts’ projections for resistance levels ranging from $140,000 to over $200,000. One way to identify
The U.K.-based Smarter Web Company recently hit a 1,000 BTC milestone in its crypto treasury strategy after its recent purchase of 226.42 BTC, reporting a 26,242% year-to-date yield. According to a published press release, the London-listed technology company has hit a significant point in its crypto treasury strategy, also known as the “10 Year Plan.”
Babylon Genesis is set to roll out testnets for multi-staking and EVM support this summer, with both features scheduled to go live on mainnet in Q4 this year. The Bitcoin (BTC) staking protocol Babylon Genesis has unveiled its 2025 roadmap, outlining a series of milestones that will mark the completion of Babylon’s core staking infrastructure
Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these