Bitcoin BTC$117,987.11 blew past $118,000, resulting in the biggest bloodbath of the year for leveraged bears. In the past 24 hours, over $1.13 billion in positions were liquidated, with a staggering $1.01 billion of that coming from short sellers, marking the largest short-side wipeout of 2025 so far.Open interest on BTC-tracked futures rose $2 billion
Investors are steadily withdrawing their Bitcoin holdings from centralized exchanges, with reserves dropping by more than 360,000 BTC since January 2025. The current balance sits at approximately 2.4 million BTC, according to new data from CryptoQuant. This trend, which picked up momentum after the price of Bitcoin crossed $96,900 earlier this year, signals a major
Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand Support to Cease on September 1, 2025 11 July, 2025 — Tether, the largest company in the digital asset ecosystem, today announced an update on its plan to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS,
Samson Mow, vocal Bitcoin maximalist and the CEO at Bitcoin adoption-focused company JAN3, has published several tweets as the world’s leading cryptocurrency has smashed a new all-time high. Earlier today, BTC set a new price record of $118,403. Bitcoin soared by 6.62% within less than 24 hours, soaring from $110,850, and is currently changing hands
The Smarter Web Company has added 275 BTC to its treasury, pushing total holdings to 1,275 BTC as Bitcoin hit a new all-time high. The Smarter Web Company, a London-listed Bitcoin treasury company, announced on July 11 the purchase of an additional 275 Bitcoin (BTC). The recent acquisition was made at an average price of
A series of on-chain Bitcoin messages claiming legal control over legacy wallets has sparked a lot of debate in the crypto space. Some users are saying that early-era wallets — maybe even ones linked to Satoshi Nakamoto — may have been hacked. The messages, sent out on July 1 at 12:30 a.m. via OP_RETURN data,
Former BitMEX CEO Arthur Hayes was bearish on BTC, but with the ongoing market rally, his tune is changing. In a July 11 X post, Hayes called Bitcoin’s (BTC) breakout to new all-time highs a key turning point. The former BitMEX CEO had recently warned that the U.S. Treasury’s efforts to rebuild its cash balance
As bitcoin climbed to a fresh record of $118,839, a long-dormant stash dating back to 2013 suddenly sprang to life—400 BTC moved for the first time in well over 12 years. Whale Reawakens: Dormant 2013 Bitcoin Cache Moves to a Custodian The blockchain parser btcparser.com shows a sizable trove of dormant coins stirred to life
After losing $100 million on leveraged Hyperliquid trades earlier this year, James Wynn returned to social media to brag about shorting bitcoin (BTC). Immediately, BTC then rallied to an all-time high and liquidated him. Soon after his return to X, he confidently opened a 40X bearish leveraged position worth about $1.5 million at the time,