Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations
A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.
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A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.
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Charles Hoskinson believes artificial intelligence (AI) is about to repeat a pattern he witnessed firsthand decades ago. The Cardano founder argues that blockchain technology will eventually absorb AI, much like cryptocurrency once absorbed cryptography as a discipline. Why Hoskinson Sees…
The Zcash ETF is splitting its shares three ways after pulling in more than $233 million in under a month, as Wall Street piles into crypto's hottest privacy trade.
Bitcoin has recovered sharply from the latest pullback and is once again pressing against the upper boundary of its consolidation. With BTC trading around $81.5K, the market is approaching a decisive area where a confirmed bullish breakout could trigger another…
Read the latest update on Ethereum ETFs Add $29.4M Friday As Fidelity Leads Reported Flows.
Zcash (ZEC) has climbed 177.8% in a month, and the traders betting against it are paying for that move. One short was closed at a $10.68 million loss this week, and the largest position still open sits $33.87 million underwater…