Bitcoin’s recent price movements have brought a key threshold into focus: if the leading cryptocurrency climbs above $79,938, it could trigger approximately $798.56 million in short liquidations across major centralized exchanges, according to data from CoinGlass. Conversely, a drop below $77,589 might lead to about $748.38 million in long positions being wiped out. Understanding Liquidation
Tokenized deposits could reduce U.S. banks’ capacity to hold long-term interest-rate risk by about $700 billion if they make depositors 10% more sensitive to rates. That’s according to estimates from two Dallas Fed economists. A separate scenario found that if tokenization causes deposits to leave banks 10% sooner, banks could lose about $580 billion of
Nvidia reports second-quarter results after the US market closes on Wednesday night with Wall Street expecting a record quarter. The harder test is whether the chipmaker can clear a bar that several bullish analysts have pushed well above consensus. FactSet expects revenue of about $92.3 billion and adjusted earnings of $2.09 a share. KeyBanc analyst
BlackRock reduced the minimum value required for eligible Bitcoin holders to convert their assets into shares of its iShares Bitcoin Trust ETF, or IBIT, to $1 million in July 2026. The previous minimum was $25 million, according to an Aug. 25 Bloomberg report. The 96% reduction makes the conversion service accessible to a broader group
Anthropic is preparing to show investors a market of more than $30 trillion as the Claude maker gets closer to going public. That would put its estimate ahead of SpaceX’s $28.5 trillion figure. As per the Wall Street Journal, it is not just a target for revenue but a total addressable market, or TAM, which
Bitcoin’s $BTC$78.645,53 next move depends on three important macro events lined up for the rest of the week. The first is July’s U.S. personal consumption expenditures (PCE) reading, the Fed’s preferred inflation gauge, scheduled for release at 8:30 a.m. ET. According to FactSet’s consensus forecasts, economists expect the core reading, which excludes food and energy,
Bitfire Group has expanded its real-world asset business and launched what it calls Hong Kong’s first compliant crypto asset quantitative strategy after its profit-contributing assets under management climbed above HK$2 billion. According to a press release shared with crypto.news, Bitfire Group said that the new strategy will use real-world assets as a core part of
Strategy MSTR$125,55·Zum Schlusskurs, the largest publicly traded bitcoin $BTC$78.695,33 holder, reduced its net leverage to almost zero after building $6.69 billion in dollar liquidity, The company calculates net leverage by subtracting its dollar assets from its debt of about $6.75 billion and dividing the remainder by the value of its bitcoin reserve, currently around $66
Garrett Jin, founder of the now-defunct cryptocurrency exchange Bitforex, has expanded his Bitcoin long position amid a recent price rally. According to on-chain analytics firm EmberCN, Jin added 600 $BTC at approximately $79,000, shortly after Bitcoin briefly retreated from above $80,000. This move brings his total leveraged long position to 1,868 $BTC, valued at roughly
City Protocol, a provider of on-chain structured products infrastructure, has raised $11 million in a combined seed and pre-Series A funding round. The company announced the investment on Wednesday, with participation from Dragonfly Capital, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, and Mirana. What City Protocol Does City Protocol is developing structured products on blockchain