Bitcoin is showing some of the strongest capitulation signals of the current downturn, suggesting the selloff may be entering a later stage even as the market offers little evidence of an imminent rebound. Eight of the 12 indicators tracked by VanEck are currently flashing capitulation, while all 12 reached extreme levels at some point during
Bitcoin jumped above $69,000, returning to levels last seen around its 2021 peak, as a sharp price move forced billions of dollars in short positions out of the market. More than $2.74 billion in short positions were liquidated in 24 hours, making it the eighth- argest liquidation event in crypto history. Bitcoin Rally Triggers $2.74B
A strong rally began in the cryptocurrency market last night and continues today. Bitcoin has gained approximately 1.91% in the last 24 hours, surpassing the $72,000 level, and altcoins have followed suit. Ethereum, the largest altcoin, experienced a surge of approximately 20%, while other major altcoins like Solana and XRP also saw double-digit gains. According
Webull said Wednesday that cryptocurrency trading accounted for $2.25 million, or a little over 1% of the platform’s record $198 million revenue for the second quarter of 2026. Revenue for the period was up 51% year-over-year, according to online brokerage and digital trading platform’s Wednesday earnings release. That’s as equity and options trading generated $112
Singapore-based blockchain platform DigiFT has signed a memorandum of understanding (MOU) with Arco, an institutional onchain operating infrastructure provider, to broaden the distribution of tokenized real-world assets (RWAs) to institutional investors across Asia. The partnership will initially focus on South Korea as a strategic entry point, aiming to connect traditional financial products with regulated onchain
One of the oldest instruments in finance, the letter of credit, is getting fully rebuilt with smart contracts. Maximilian Schwartz, CEO of Anvil Research Labs, told TheStreet Roundtable how an on-chain promise can back a Bitcoin loan, a conference sponsorship or buy now, pay later (BNPL) plan without the collateral ever changing hands. Anvil is
Bitcoin $BTC$71,936.32 approached $72,000 during the European morning on Thursday, an increase of more than 3.5% over the past 24 hours and 15% higher since Monday. Several bullish catalysts have helped ignite the rally, beginning with Treasury Secretary Scott Bessent’s announcement of Treasury debt buybacks. Which then saw President Trump telling Congress to move on
Nasdaq-listed AIXC (AIXC) has decided to completely withdraw from its digital asset treasury strategy, planning to gradually liquidate its cryptocurrency holdings to refocus on its core robot leasing and operations business, according to a report from CryptoSlate. As of the end of the second quarter, the company held 46 $BTC, 616 $ETH, 6,659 $SOL, and