Crypto markets experienced a sharp liquidation event over the past 24 hours, wiping out nearly $190 million in leveraged positions. Short sellers absorbed the majority of losses, with approximately $140 million in bearish bets erased as prices surged rapidly. The sudden move caught traders off-guard and forced a cascade of forced closures across major exchanges.
Bitcoin-related equities and technology stock futures such as Invesco’s QQQ are higher in pre-market trading as bitcoin BTC$92,652.12 has broken above $92,000, briefly touching $93,000 during the Asian morning on Monday, Strategy (MSTR) is up 3.5% to $163 per share and is expected to announce another bitcoin purchase later on Monday. STRC, the perpetual preferred
Bitcoin BTC$92,652.12 traders began 2026 on a positive note, snapping up options bets that target a price rally into six digits. Since at least Friday, there has been a notable increase in investor interest in the $100,000 strike January expiry call option listed on Deribit, the world’s largest crypto options exchange by volume and open
JasperVault, a prominent Web3 asset management platform, has partnered with BACKROOM, a popular blockchain security and infrastructure entity. The partnership aims to revolutionize asset management in the Web3 sector. As per JasperVault’s official X announcement, the development denotes a happy start to the new year. Additionally, the move is set to advance the interaction between
Despite all the geopolitical tensions, the cryptocurrency market is set to close the week with a very strong 5% increase, led by Bitcoin. The world’s largest cryptocurrency, contrary to expectations, has not experienced any decline following the historic events between the US and Venezuela, and is currently trading above $91,000. However, the new week should
Key Takeaways PwC has shifted its strategy to more actively engage in the crypto space. The move comes as the Trump administration has embraced crypto through executive orders and policy initiatives aimed at supporting the industry. PwC is expanding its digital assets practice in response to regulatory developments under the Trump administration, which have brought
Bitcoin (BTC) has rallied in the opening days of the year (for now), fueling optimism among bulls that 2026 could be a highly rewarding period. Others believe the following 12 months will be generous only for the bears, envisioning a severe pullback. The Bullish Scenario The largest cryptocurrency had its shining moments in 2025, and
Fu Rao, Executive Director of the Hong Kong International New Economy Research Institute, based in Hong Kong, argued in his analysis titled “Speculative Characteristics Weaken, Bitcoin Volatility Stabilizes,” published in the Hong Kong newspaper Ta Kung Pao, that Bitcoin’s rise in 2025 differs significantly from previous cycles. According to Fu Rao, the main reason for
Asian stocks got slammed this week as investors finally cooled off from the AI frenzy and scrambled to figure out what the hell central banks are planning. The rally that started the year didn’t last long, so traders who chased tech gains across Asia are now watching the floor fall out from under them. According
Iran has seen a rise in stablecoin usage as its currency continues its steep decline this week as it dropped to trading at 1.42 million against the United States dollar before recovering slightly to around 1.38 million. The collapse erased household savings and pushed the prices of essential goods higher. According to reports, inflation rose