Bitcoin Breaks $111,000 As Experts Hail ‘Regime Shift’
Even as Bitcoin (CRYPTO: BTC) has hit a new all-time high above $111,000, driven by surging institutional demand, tightening supply, and macroeconomic tailwinds, experts caution the rally isn’t without structural risks, including the looming threat of quantum computing. What Happened: Bitcoin surged to a new record of $111,544 on...
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Bitcoin Rally Is Still Healthy Despite New ATH: On-Chain Data
Bitcoin (BTC) surged past $111,000 for the first time on Thursday, marking a historic all-time high. The rally is being driven by strong capital inflows, particularly from institutional investors. Despite concerns of a pullback, new data suggest that the Bitcoin market is still in a healthy upward phase. Market...
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Sui’s Biggest Liquidity Provider, Cetus, Hit By $260M Hack; Token Prices Plummet 90%
Cetus Protocol, the largest decentralized exchange (DEX) and liquidity provider on the Sui network, has been drained of $260 million worth of tokens in an apparent hack, according to crypto sleuth Lookonchain. The wallet tied to the Cetus Protocol exploit — 0xe28b50 — currently holds over 12.9 million SUI,...
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Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?
Bitcoin {BTC} galloped to a new record high above $110,000 on Thursday, liquidating around $500 million worth of derivatives positions in its wake, but some traders aren’t buying into the bullish sentiment. Trading volume jumped by 74% in the past 24 hours as traders attempted to position themselves, however...
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Crypto Daybook Americas: All Signs Point Up as Bitcoin Hits Record High
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC surpassed Wednesday’s record to reach an all-time high of $111,875 in the early hours of Thursday, according to the CoinDesk Bitcoin Price Index, as traditional financial markets contended with rising bond yields and renewed concerns over ballooning U.S....
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Sui DEX Cetus suspected of being hacked: Up to $200 million lost
Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a...
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BlackRock’s Bitcoin ETF Hits 2-Week High as $BTC Nears $112K. BTC Bull Token to Follow?
BlackRock ETFs have experienced a two-week high while Bitcoin is pushing to its first-ever $112K price mark. Projects like BTC Bull Token could rally next. Farside Investors published the numbers, showing that IBIT’s net inflows peaked at $530.6M, the highest since May 5th $531.2M. The ETF tracking Trader T...
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Whale buys back ETH holdings after losing $2.67M by selling early
A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670...
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Texas Advances SB21: Strategic Bitcoin Reserve Bill Officially Passed
In a historic day for crypto regulation and adoption, the Texas House has passed the Texas Strategic Bitcoin Reserve and Investment Act, known as SB21. Coinciding with this legislative milestone, Bitcoin (BTC) achieved a new all-time high (ATH), reaching a record of $111,900 in the early hours of Thursday. ...
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Kazakhstan to allow crypto exchanges to deal with fiat
Kazakhstan’s National Bank will begin licensing crypto exchange services that allow the conversion of crypto to fiat, establishing their legal status under new national rules. Kazakhstan plans to bring crypto exchange operators under formal regulation, with the National Bank tasked…...
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