Bitcoin’s derivatives market experienced an unusual shake-up today, with liquidations leaning so heavily in one direction that they stood out even on a market synonymous with the term “volatility.” Just in the last hour, around $13.48 million worth of leveraged Bitcoin positions were closed out, almost all of which came from longs, as per CoinGlass.
In crypto, theories have a way of spinning up like dust devils, and lately, one in particular has been making the rounds — that bitcoin’s notorious four-year cycle may have run its course. Supporters of the “cycle is dead” camp say the pattern is breaking apart, citing shifts like rising institutional participation, the advent of
Vitalik Buterin thinks Ethereum’s ZK proving stack is turning a corner, and wants the ecosystem to use that momentum to eliminate one of its most persistent UX roadblocks: week-long L2 withdrawals on optimistic rollups. Fraud proof windows — a requirement for canonical bridging from rollups like Base back to Ethereum — are “simply far too
Western Union has struck a $500 million deal to buy Intermex, a user of Ripple’s On-Demand Liquidity (ODL) service. The move gives Western Union direct access to Ripple’s technology through Intermex, while also expanding its retail footprint across North America and strengthening its position in fast-growing remittance corridors. Western Union to Acquire Intermex Under the
The crypto exchange-traded funds (ETFs) market continues to smash records, with unprecedented demand recorded in the past couple of months. Futures-based Solana (SOL) and XRP ETFs, for instance, have seen over $1 billion in total inflows since their debut in March and April, respectively, as suggested by recent data provided by FactSet. The milestone comes
Bitcoin has maintained a strong bullish market structure, recently finding solid support and rallying impulsively. However, the price is now testing its all-time high near $123K, a zone that could temporarily slow the advance. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to trade within a well-defined ascending price channel, printing consistent
Google veteran Graham Cooke has opined that Bitcoin is not currently threatened by quantum computing. “Your wallet’s math is stronger than the fabric of spacetime itself,” he said in a recent social media post. Google’s Majorana 1 breakthrough As reported by U.Today, there was some panic within the cryptocurrency community following the unveiling of Microsoft’s
A vocal community of node operators who prefer traditional limits on the amount of arbitrary data that can accompany a bitcoin (BTC) transaction is infuriated with an upcoming software release for at least three reasons. Bitcoin Core version 30 (v30) is the upcoming version of the network’s most popular full node software. Itwill drastically increase
In a move that has certainly captured the attention of the financial world, Nasdaq-listed Next Technology Holding Inc. (NXTT) recently announced a remarkable increase in its Next Technology Bitcoin holdings. As of Q2 2025, the company now proudly holds 5,833 BTC. This figure represents a monumental leap from the 833 BTC it possessed at the