Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on…
Tag: Bitcoin
Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels
Ether also rose past $2,200 for the first time in months. The price of bitcoin (BTC) moved past $42,000 for the first time since April 2022 – a…
World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.…
Bitcoin broke above the $38,000 level in Asian morning hours on Wednesday as hopes around a spot exchange-traded fund (ETF) approval were revived earlier this week, and traditional market watchers expected rate cuts.
Solana’s SOL tokens led gains among layer-1, or base, blockchains, jumping some 8% in the past 24 hours to reverse losses from the past week. Avalanche’s AVAX…
Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit
Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday. The surging price of bitcoin (BTC) has pushed the asset’s largest public holder, business…
Bitcoin Tops $37K for First Time Since May 2022 as ‘Short Squeeze’ Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices. Bitcoin (BTC) prices crossed the $37,000 level for the first…