Small positive offshore funding exposes longs on a drop, while CME leveraged funds’ net short creates an upside squeeze channel.
The post A $48 billion Bitcoin leverage trap is about to trigger a massive forced exit the moment price boundaries break appeared first on CryptoSlate .
The crypto market is up slightly today, August 16, as traders await the release of the Federal Open Market Committee (FOMC) meeting, which will come out on August 19. Bitcoin (BTC) and Ethereum (ETH) are stuck at $63,000 and $1,800, respectively, while Ripple (XRP) is defending the support at $1. Ad Ad What is Driving
The post Crypto Market Update August 16: Bitcoin, Ethereum and XRP Stall Ahead of FOMC Minutes appeared first on CoinGape .
The state reserve is separately tied to IBIT, while the filing names neither the owning portfolio nor a reliable dollar value.
The post Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million appeared first on CryptoSlate .
Financial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.
Strategy's preferred shares beat Bitcoin over one year, but MSTR stock fell 75%. See who really won the duel.
The post MicroStrategy vs. Bitcoin: Who Won the 1-Year Performance Duel? appeared first on BeInCrypto .
CZ says millionaires will soon fail to afford one full Bitcoin, because lost and dormant coins keep shrinking the float.
The post Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ appeared first on BeInCrypto .
Three months ago, we examined how public bitcoin miners were beginning to dismantle or repurpose mining fleets for AI and high-performance computing infrastructure. This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag. Subscribe to receive it […]
Veteran trader Peter Brandt has once again taken aim at XRP, dismissing the cryptocurrency and saying he would immediately convert even a 500,000-XRP position into Bitcoin.
Saylor recasts Bitcoin as stored energy and argues fiat leaks value, while BTC trades 47% below last year.
The post Bitcoin Is a ‘Deep Freeze’ for Money. What Does That Actually Mean? appeared first on BeInCrypto .
Adam Back rejects Peter Todd's call to lift Bitcoin's 21 million supply cap, calling the case a false narrative.
The post Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap appeared first on BeInCrypto .