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Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
3.5.2024
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their...
Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead?
28.3.2024
Analysts call MicroStrategy's Bitcoin premium "unjustifiable," asserting the stock is due for a 50% correction.
The post Investment Manager Shorts MicroStrategy, Calls Bitcoin Premium “Unjustifiable” — Is There Trouble Ahead? appeared first on Cryptonews
Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...
SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins
2.3.2024
Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs
Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000
27.2.2024
Bitcoin price rallied over 10% to soar above $57,000 for the first time since November 2021, resulting in total shorts positions to bleed over $268 million in the last 24hrs, including $158 million in bitcoin shorts.
The post Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000...
Bitcoin Shorts Lose $150M As BTC Poised for ‘Tremendous Upside’
27.2.2024
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks
Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour
27.2.2024
Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital...
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Steamboat Willie’s Mickey Mouse Goes NFT After Entering Public Domain
2.1.2024
One of the first depictions of the Mickey Mouse character has finally entered the public domain, and it is now immortalized in a non-fungible token collection. A limited edition of 2,000 NFTs featuring the famous mouse in one of its first animated shorts, “Steamboat Willie,”...
Veteran Trader Peter Brandt Shorts Ethereum, Signaling Potential Downturn
19.12.2023
On Monday, veteran trader Peter Brandt took to the social media channel X (previously known as Twitter) to reveal that he had taken a short position on ethereum (ETH), the crypto market’s second-largest asset by valuation. He further shared a technical chart with his 707,000 followers on...
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
6.12.2023
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
15.11.2023
Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mortgages in the early 2000s, has recently offloaded several substantial bearish positions following unsuccessful outcomes. As the founder of Scion Asset Management, Burry dissolved his put options on major...
Solana’s Rally Hits 184% Gain in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours
11.11.2023
This weekend, the crypto community’s buzz centered on solana (SOL) and its notable surge in value against the U.S. dollar over the previous week. SOL has posted an 11% gain in the last 24 hours, with a striking 45.2% uptick over the week, ascending to the rank of the sixth largest asset...
Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours
24.10.2023
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed...
Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts
2.10.2023
The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October
Bitcoin shorts keep burning as BTC price seeks to hold $27K
29.9.2023
Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September's last Wall Street open
Bitcoin liquidates $23M in shorts as BTC price tags new September high
8.9.2023
Bitcoin speculators get burned as BTC price action delivers an overnight spike, only to reverse direction and give back all its gains
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
11.8.2023
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets
Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?
11.8.2023
BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets
Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing
1.8.2023
Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem