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Hyperliquid trader James Wynn has seen his 949 Bitcoin long positions liquidated after the cryptocurrency dipped below $105,000. A Hyperliquid trader known as James Wynn has seen his Bitcoin long bets on the platform liquidated for almost $100 million after Bitcoin dipped below $105,000. Wynn had made two significant long leveraged positions on Bitcoin (BTC),…
OFAC claims Funnull Technology purchased a code repository used by web developers and altered it to redirect legitimate websites to scam websites. The US Treasury has sanctioned a Philippines-based technology firm and its alleged administrator, accusing it of providing services to thousands of crypto scam websites. Funnull Technology is linked to most crypto scam websites…
Crypto’s optimism isn’t just hype; it’s a structural feature. Even as global shocks and policy shifts rattle traditional markets, digital assets consistently show greater emotional resilience. Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.io Bitcoin markets have consistently shown greater emotional resilience than traditional equities during multiple global shocks. While some on Wall Street…
Bitcoin is getting bullish cues from its “cleanest trend indicator,” leading analysis to predict a run to $200,000 this year. Key points: Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024. Previous signals mostly resulted in a BTC price blow-off top over the coming year. Read more If you liked the…
The Japanese firm has raised $135.2 million in 2025 to fund Bitcoin purchases, aiming to hit 10,000 BTC by the end of the year. Japanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its…
K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending. Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising 60 million Swedish krona ($6.2 million) to buy and hold the cryptocurrency….
Crypto mining stocks fell on May 28 amid uncertainty stemming from the Federal Reserve’s minutes, while the broader crypto market remained relatively resilient. US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained…
The move represents a significant shift from the Pakistani government’s earlier position that cryptocurrencies would never be legalized. Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government…
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly…
Speaking at the Bitcoin 2025 conference, US Vice President JD Vance called crypto enthusiasts to remain politically active. United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics. Vance highlighted the strategic and geopolitical…