Bears Lose $400M to Liquidations, Largest Since May, as BTC, ETH, SOL Spike Higher
A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions. Bitcoin (BTC) surged past $111,000, ether (ETH) jumped nearly 7% to above $2,700, and Solana’s SOL climbed above $158, catching traders...
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Elizabeth Warren Says Critical That Trump’s ‘Superhighway Of Crypto Corruption’ Be Shut Down
Sen. Elizabeth Warren (D-Mass.) urged Congress to implement stricter regulations on digital assets on Wednesday, citing concerns over President Donald Trump’s “superhighway of crypto corruption.” What Happened: During a Senate Banking, Housing, and Urban Affairs Committee hearing, Warren cautioned that any cryptocurrency regulation should not have “massive unintended consequences.” “President Trump has...
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Is Bitcoin Entering A Bear Market? This Metric Has Quietly Flipped
On-chain data shows the Bitcoin RHODL Ratio has reversed upwards recently, a potential sign that a cycle transition could now be underway. Bitcoin RHODL Ratio Could Be Hinting At Cooling Market Speculation In a new post on X, the on-chain analytics firm Glassnode has discussed the latest shift in...
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Remixpoint Targets 3,000 BTC Following $215M Fundraising Round
Japanese energy consulting firm, Remixpoint, has announced that it has raised approximately 31.5 billion yen, worth around $215 million, through financing. All funds are allocated for the acquisition of Bitcoin. The company aims to hold 3,000 BTC in the near term. However, it warned that fluctuations in the crypto...
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Asia Morning Briefing: Nvidia’s Rally to $4 Trillion Might Have Helped BTC, But Correlation Is Waning
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Nvidia’s ascent to a historic...
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Tether Stashes $8 Billion In Swiss Gold Vault – Here’s Why
Tether, the company behind the USDT stablecoin, has moved roughly 80 tons of gold—about $8 billion worth—into its own vault in Switzerland. According to a report, CEO Paolo Ardoino says this private vault is “the most secure in the world.” He added that gold “should logically be a safer asset...
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XRP Spot Trading Volume Explodes In Korea, What’s Going On?
XRP’s spot trading volume on Upbit has surged dramatically in the past 24 hours to put the token at the top of South Korea’s crypto trading netflows. Data from CoinGlass shows that in just 24 hours, XRP trading activity on the exchange is currently at $269.22 million, with an...
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XRP Is Heating Up On The 4-Hour Chart — But Here’s Where It Could Flip
XRP is gaining bullish traction on the 4-hour chart and steadily climbing as buyers step in around key support zones. While the price is showing a series of higher lows, traders are watching the underlying structure to determine whether XRP can sustain this push and break out toward the...
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Ripple’s RLUSD Hits Massive Milestone as Adoption Increases: Details
We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. Decisively Climbing The Ranks RLUSD quickly made waves...
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Ben ‘BitBoy’ Armstrong faces six charges for harassing phone calls, released after arrest
The ongoing legal issues surrounding Ben Armstrong highlight the potential reputational risks and legal challenges for crypto influencers. The post Ben ‘BitBoy’ Armstrong faces six charges for harassing phone calls, released after arrest appeared first on Crypto Briefing....
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