A selloff in bitcoin, ether and XRP triggered $1.5 billion in liquidated leveraged crypto positions. Longs betting on higher prices made up nearly 84% of the forced closures, and Binance handled almost half of the total. A rebound has since begun squeezing short sellers, so traders should watch for continued volatility as leverage unwinds.
Bitcoin rose to $81.5K, returning to a key weekly resistance level, after US GDP data came in above expectations.
Cointelegraph
20
15H
Strive purchased 6,182 bitcoin for $511 million, raising its total holdings to 43,000 BTC.
The Defiant
18
3D
Ripple secured a national bank charter approval from the OCC and is expanding its partnership with BNY, a significant regulatory and..
U.Today
18
2D
Crypto-aligned political groups have spent roughly $176 million on the 2026 US midterms, with Fairshake backing congressional allies to..
crypto.news
11
2D
Ripple expanded its institutional footprint as UK asset manager Aviva added a tokenized share class of its Sterling Liquidity Fund to the..
CryptoSlate
28
3D
The CFTC has sued Utah over its gambling crackdown on prediction markets, arguing the state's action against Kalshi threatens federal..
Bitcoin.com News
13
2D
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