Bitcoin Shortsellers Get Destroyed With $1.7B Liquidated
Daily liquidations of Bitcoin positions surged on Wednesday after the price of the leading digital asset flirted with $70,000. Over $1.7 billion in positions held by traders shorting the biggest…
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies. Source link
President Trump To Host Crypto Execs At White House
U.S. President Donald Trump is set to host crypto bigwigs at the White House Wednesday. The meeting — first reported last week by POLITICO — will see executives from the…
Bitcoin Price Could Reach $100K by Year-End: Standard Chartered
Bitcoin could be poised for a run toward $100,000 by year-end as the US Treasury ramps up support for the long end of the government bond market in an effort…
Bitcoin Volatility Is Down But Expect A Move Soon: Fidelity
Bitcoin has been sitting still recently, and the coin’s volatility is now lower than 98.5% of all days in its 17-year history, according to asset manager Fidelity. Writing on X,…
Fake AI ‘Victims’ Are Scam-Baiting 600,000 Fraudsters Every Month
Australian tech firm Apate deploys a vast array of AI-bot characters worldwide that play the role of gullible scam victims to waste millions of hours of con artists’ time each…
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by holdings. Source link
Centrifuge Adds Symbiotic Liquidity Network Across $1.6B Tokenized Funds
Centrifuge has added Symbiotic’s liquidity network across three tokenized funds that represent about $1.6 billion in assets under management, giving eligible holders another route to exchange their positions for USDC.…
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions. Source link
Metaplanet to Take Controlling Stake in Super League Enterprise
Metaplanet, the Tokyo-listed company that has adopted Bitcoin as its primary treasury reserve asset, plans to take a controlling stake in Nasdaq-listed Super League Enterprise, expanding its Bitcoin treasury strategy…