Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
Live Bitcoin News·
Exchange inflows are cooling, XRP withdrawals are surging, and realized losses are shrinking. Here’s what on-chain data says about a Bitcoin bottom. XRP left Coinbase at a pace not seen since February. The seven-day net depositing and withdrawing transaction count on Coinbase hit -15,500 on June 18, per CryptoQuant data cited by analyst Amr Taha. […] The post Bitcoin Bottom Signals: 3 On-Chain Clues Quietly Point to a Bull Market appeared first on Live Bitcoin News.
Read full articleThe disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
The U.S. Department of War has told lawmakers it needs $80 billion to cover the war in Iran and other bills, a request that deepens the deficit worries that bitcoin proponents cite as the asset’s reason to exist. Deputy Defense Secretary Stephen Feinberg relayed the figure to Congress in phone calls. An $80 Billion Ask […]
The world's largest derivatives exchange operator said Wednesday it will sue the CFTC over the agency's approval of Kalshi's bitcoin perpetual futures, arguing the contracts should be classified as swaps under the Dodd-Frank Act.
Base launches Beryl upgrade on testnet, introducing B20 tokens, faster withdrawals, and improved scalability before June 25 mainnet rollout. Base, the Ethereum Layer 2 network backed by Coinbase, has launched its Beryl upgrade on the Sepolia testnet. At the same time, the mainnet activation will be on June 25. This upgrade brings key improvements in […] The post Coinbase-Backed Base Drops Major Beryl Upgrade Ahead of June 25 Launch appeared first on Live Bitcoin News.
How deep can BTC and ETH sink during this bear market?
Andrew Tate’s Hyperliquid wallet shows over $803,800 in all-time perps losses after repeated crypto WLFI liquidations.
The Federal Reserve didn't change the interest rates, as expected, while the US-Iran deal uncertainty still hinges despite promises.
Bitcoin fell to around $62,000 on Friday, while CryptoQuant CEO Ki Young Ju warned that Michael Saylor’s continued accumulation strategy may not be enough to address what he considers the market’s most serious threat. In a June 19 X post,…