Bitcoin

Trump's Crypto Play and Visa's Stablecoin Push Lead the Daily Crypto News Digest Thursday, July 16th, was hectic even for crypto. Donald Trump reportedly found a way to make money from his social media posts; Visa launched a stablecoin platform. One story mixes politics with personal pr ...

Ostium exchange hack on Arbitrum: $18 million loss puts DeFi security back under pressure Ostium, a decentralized exchange on Arbitrum, was hit by a security breach that drained $18,000,000, according to Blockaid. That is not pocket change. My take: this is exactly the kind of headline ...

Summer.fi Closes After $6M Hack: Another DeFi Casualty Summer.fi is shutting down after a $6 million hack. Another DeFi project gone. Not the biggest wreck in DeFi history, no. Wormhole and Ronin were much larger. But $6 million is still real money, and if your funds were exposed, that ...

Twitter optimists see Bitcoin reaching $1.2M by 2028 Some Bitcoin bulls on Twitter (X) are throwing around a huge target: $1,200,000 by 2028 or 2029. The pitch leans on Jesse Livermore's "Speculative Chart," an old market framework traders still drag back into the room whenever prices st ...

US Sanctions, Tokenization, and Memecoin Mania: Your Daily Crypto and Finance News Digest Wednesday, July 15th, was busy. Crypto markets had to digest US Treasury action against Iranian crypto wallets, DTCC's new asset tokenization effort, fresh regulation talk from Washington, and the u ...

US government crypto transfers continue: $19.6M USDT to Coinbase Prime The US government moved another $19,615,000 in Gotbit-linked USDT to Coinbase Prime. My take: this looks less like a random wallet shuffle and more like another inch forward in the slow sale of seized crypto. By itsel ...

Bitcoin short liquidations spike: $135M wiped as BTC jumps past $64,000 Bitcoin shorts took a nasty hit. More than $135,000,000 in short positions were liquidated in one hour after BTC briefly moved above $64,000, according to Coinglass. I'll be honest: that is the kind of number I stop ...

Whale Dumps ETH for BTC: Macro Shift or Safety Trade? One big wallet just made a loud move: over $54,000,000 in ETH sold, then moved into BTC. Not subtle. Not a quiet rebalance. My take: someone with size either got uncomfortable sitting in Ethereum or decided Bitcoin was the cleaner pla ...

Bitcoin long-term holder accumulation hits 30-month high Bitcoin long-term holder accumulation has reached a 30-month high. That matters. Not because it guarantees the next leg up, but because it shows a real shift in how coins are being held. My take: this is less about hype and more a ...

Bitcoin Long Liquidations Risk: $4.47B at Stake Below $56,340 Bitcoin has a long-liquidation problem: more than $4.47 billion in leveraged positions could be wiped out if BTC falls below roughly $56,340. My take: that is not a routine dip dressed up as drama. Liquidatio ...