Brutal Bitcoin Liquidation Cascade Imminent Below $59K, Warns Analyst
Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade below $59,000, claiming over $1.6 billion in long leverage is stacked in one zone around $58,000 based on CoinGlass data. “In all my years trading, I’ve never seen this much long-side liquidity stacked in one single zone,” they said on...
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Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron’s blowout earnings and SK Hynix’s U.S. listing plans steadied the AI trade that crypto had been sliding alongside....
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Coinbase opens Luxembourg MiCA hub as EU deadline nears
Coinbase opens its Luxembourg MiCA hub, giving the exchange EU-wide crypto access as Ripple advances licensing and Binance faces pressure....
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MemeCore’s M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M’s price had been propped up by insiders....
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Coinbase CEO says broken finance is pushing users to crypto
Coinbase CEO Brian Armstrong says crypto has bipartisan momentum as the exchange eyes more deals after its $2.9b Deribit acquisition closes....
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Europeans cut spending amid inflation fears, hurting economy
Consumer spending cuts in Europe, driven by inflation fears, risk stalling economic growth and complicating central bank policy responses. The post Europeans cut spending amid inflation fears, hurting economy appeared first on Crypto Briefing....
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World Cup dead rubber becomes crypto’s live wire as USMNT faces Turkiye
The World Cup’s crypto integration highlights potential for sustained fan engagement and financial growth, despite past post-event drop-offs. The post World Cup dead rubber becomes crypto’s live wire as USMNT faces Turkiye appeared first on Crypto Briefing....
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Top Chinese Bitcoin miner sees BTC bottom at $42k-$44k in late 2026
Jiang Zhuoer says Bitcoin may bottom at $42k-$44k in late 2026, citing Strategy mNAV near 2022 lows as BTC tests weak support levels today....
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Marco Rubio visits Bahrain seeking Gulf backing for Iran deal as crypto markets rally on de-escalation
The Iran deal’s potential to stabilize energy markets and boost crypto hinges on sustained Gulf cooperation and geopolitical de-escalation. The post Marco Rubio visits Bahrain seeking Gulf backing for Iran deal as crypto markets rally on de-escalation appeared first on Crypto Briefing....
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Japan’s $2.3T investment plan raises concerns over JGB yields
Japan’s investment plan may trigger global bond market shifts, affecting currency values and investor strategies, with potential crypto impacts. The post Japan’s $2.3T investment plan raises concerns over JGB yields appeared first on Crypto Briefing....
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