Record $2.7 Billion Lost in Bearish Crypto Bets Amid Bitcoin Surge
Traders betting against cryptocurrencies faced losses of $2.74 billion in a single day as Bitcoin approaches $70,000, surpassing previous liquidation events.
341 articles tagged with #crypto
Traders betting against cryptocurrencies faced losses of $2.74 billion in a single day as Bitcoin approaches $70,000, surpassing previous liquidation events.
BitGo Korea's recent VASP registration could boost institutional crypto adoption in South Korea, impacting the regulatory and financial landscape.
In a dramatic 24-hour period, over 173,000 crypto traders faced liquidation, resulting in nearly $3 billion in losses, underscoring market volatility.
A recent liquidation event in the crypto market resulted in 174,350 traders losing $3 billion, emphasizing the volatility and risks of high leverage trading.
Senator Ruben Gallego expresses confidence that Congress can still advance the Clarity Act crypto bill despite ongoing ethics negotiations stalling.
A Nasdaq-listed company, facing a 50% drop in crypto holdings and $8 million in cash burn, is pivoting to event robots to ensure survival.
Over $2 billion in crypto short positions were liquidated in just 24 hours, signaling heightened volatility and potential shifts in market sentiment.
President Trump indicates US regulators aim to bring Hyperliquid, a prominent crypto platform, onshore, signaling a shift in the crypto market landscape.
Hyperliquid's 19% surge follows Trump's announcement about the CFTC's efforts to onshore exchanges, potentially reshaping US crypto regulations.
Circle Internet Group shares increased 8.7% following news of a White House meeting between President Trump and crypto executives on August 19, 2026.
Donald Trump called on the Senate to pass a crypto market structure bill, emphasizing the need for clarity to maintain a competitive edge over China.
During a White House event, Trump urged Congress to advance the Clarity Act, highlighting its importance for the crypto industry and innovation.
XRP surged 6.1% on August 19, 2026, following President Trump's meeting with Ripple and other major crypto executives at the White House.
Fairshake, a crypto political action committee, faces a $2 million setback in Florida primaries amid criticism over misleading ad headlines.
At a recent White House gathering, Bitwise CIO Matt Hougan discussed how tokenizing traditional assets could transform finance and global markets.
Crypto stocks are experiencing upward momentum, driven by the dual catalysts of Bitcoin's performance and political developments involving Trump.
Fidelity Digital Assets highlights that while AI could enhance crypto activity, much of the potential value might not benefit blockchain tokens directly.
The CFTC has resolved enforcement actions against Caroline Ellison and Gary Wang, highlighting increased regulatory scrutiny in the crypto sector.
A meeting at the White House with Trump, crypto CEOs, and SEC and CFTC leaders may pave the way for clearer regulations, impacting Bitcoin's market outlook.
Edward Zimbardi, accused of running a $165 million Ponzi scheme, has been deported from Fiji to the US after allegedly defrauding thousands of investors.