Bearish Bitcoin Trader Loses $92M as Surge Wipes Out $426M in Short Liquidations
More than $680 million in crypto positions were liquidated over the past 24 hours with short traders taking the bulk of the pain as a bitcoin (BTC) breakout above $121,000 triggered a chain reaction across derivatives markets. Roughly $426 million of the total liquidations came from bearish bets, according...
Read More
XRP Rallies 8% on Rising Institutional Bid, Eyes $3.40 After ‘Triangle Breakout’
What to know: XRP rose 6.04% from $2.77 to $2.93 between July 13 06:00 and July 14 05:00, with a $0.171 range and clear breakout through the $2.84 resistance level. Institutional accumulation appeared at 03:00, when trading volume spiked to 176M — double the hourly average — confirming breakout...
Read More
Trump Collaborator, Bill Zanker, Downplays Wallet Kerfuffle
Bill Zanker, who helped U.S. President Donald Trump and his family launch the eponymous NFT collection and memecoin, says there’s more to come from their collaborations. Zanker says he’s still in good graces with the president’s family despite receiving a cease-and-desist from it just weeks ago. “Every day, we’re...
Read More
Bitcoin, Ether Traders Bet Big With Tuesday’s U.S. Inflation Data Seen as Non-Event
Traders are betting big on bitcoin (BTC) and ether (ETH) as the BTC rally rages on, and observers downplay Tuesday’s U.S. inflation data as a potential barrier for the bull. BTC, the leading cryptocurrency by market value, rose to record highs above $121,000 during Monday’s Asian trading hours, representing...
Read More
XRP is about to cross $3 for the first time in 7 years — analyst eyes $6 once $3 mark is breached
XRP is trading at $2.94 at the time of writing, up 6% in the past 24 hours and 29% over the last week. Following the latest rally, XRP (XRP) may cross the crucial $3 psychological mark, a level last reached…...
Read More
Stablecoins threaten financial stability, says Bank of England governor Andrew Bailey
Bank of England governor and cryptocurrency skeptic Andrew Bailey has advised banks to avoid issuing stablecoins. According to Bailey, stablecoins pose systemic risks to financial stability and threaten the very nature of money if not properly regulated. He warned that…...
Read More
Bitcoin breaks above $122K all-time high as market shrugs off Trump tariff threats — but for how long?
Bitcoin set a fresh all-time high of $122,205 in early Asian trading hours on July 14 despite Donald Trump’s latest push for tariffs on EU and Mexico. The rally continues the asset’s historic year, with demand fueled by institutional flows…...
Read More
CZ on Bitcoin breaking $122k ATH: ‘In a few years, this will be just a fraction’
Former Binance CEO and founder Changpeng ‘CZ’ Zhao commented on Bitcoin’s new all-time high, surpassing $122,000 for the first time in history. He believes it is just the start to bigger gains. On July 14, the Binance founder shared some…...
Read More
‘Rich Dad Poor Dad’ Author Robert Kiyosaki Says He Will Buy ‘One More’ Bitcoin ASAP As BTC Breaks $122,000
Financial expert Robert Kiyosaki said Sunday that he would buy more Bitcoin (CRYPTO: BTC) as the apex cryptocurrency continued its gravity-defying run on price charts. What Happened: Kiyosaki took to X to celebrate the ongoing surge in Bitcoin’s value. “Going to buy one more Bitcoin asap. It’s never been easier to become rich… even...
Read More
Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible?
The Dogecoin price has shown a lot of promise recently after surging above the $0.2 mark with momentum over the last week. However, the price does remain very well below its all-time high of $0.7, which means there is still a way to go for the meme coin from...
Read More